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A Series A fundraising round headed by Loyal VC and IvyCap Ventures earned $6.5 million for Hyderabad-based firm ZestIoT, which specializes in aviation technology. The business intends to utilize the money to establish a digital platform that would improve passenger convenience and speed up turnaround times for planes. ZestIoT also intends to increase its staff and broaden its market reach.
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HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING Top Stories Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign IvyCap Ventures-Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M Home - Fund Raising - IvyCap Ventures-Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M Search here ... Latest Update RECENT POPULA R COMMO N May 5, 2023 IvyCap Ventures- Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M Fund Raising May 5, 2023 May 5, 2023 Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign By user 2 hours ago 0 3 1 minute read Facebook Twitter May 5, 2023 A Series A fundraising round headed by Loyal VC and IvyCap Ventures earned $6.5 million for Hyderabad-based ?rm ZestIoT, which specializes in aviation technology. The business intends to utilize the money to establish a digital platform that would improve passenger convenience and speed up turnaround times for planes. ZestIoT also intends to increase its staff and broaden its market reach. Govt changes Proposed Electricity Strategy to Stop Additional Coal- Fired Capacity: Report ZestIoT, an aviation technology business located in Hyderabad and started by Amit Sukhija in 2016, has secured $6.5 million in a Series A fundraising round that was co-led by IvyCap Ventures and Loyal VC. With the money, the business will expand GroundRadar, a digital platform that leverages IoT and AI to enhance last-mile operations and raise operational effectiveness and safety for airlines, airports, and handlers. According to reports, the ZestIoT platform controls 9,000 people, over 600 ?ights, and a tonne of equipment per day. Additionally, the startup intends to hire people and broaden its market reach with these funds. May 5, 2023 Shopify will Sell its Logistics Division to Flexport & Reduce its Workforce by 20% Head’s Sayings According to Amit Sukhija, Founder and Chief Executive O?cer, ZestIoT, the aviation and industrial sectors are increasingly looking to automation to improve operational e?ciency and allow wiser decision-making. The business’s technological platform generates creative use cases for clients by combining sensors, edge computing, and communication technologies. Sukhija revealed that ZestIoT is expanding its platform into the industrial and oil and gas industries. Most Viewed February 15, 2023 MARKETS Vikram Gupta, Founder, and Managing Partner at IvyCap Ventures, expressed that ZestIoT has developed a novel solution through the use of its cutting-edge technology, platform to digitize last-mile operations, automate procedures, and offer real-time insights. According to Gupta, this strategy will let airline and airport operators make knowledgeable choices and streamline their processes for greater effectiveness. HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC Adani Group equities are the Subject of This Week FUND RAISING
March 3, 2023 You can share this post! VCs’ ?xation with start-ups’ topline, says CEO of Infosys February 27, 2023 Previous article Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign M-cap of the Adani Group falls below the Rs 7 lakh crore threshold Related Articles January 31, 2023 FUND RAISING FUND RAISING FUND RAIS IHC investment leads Adani Enterprises shares to boost by 5% February 20, 2023 Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs SoleSearch Raises Crores in 1st Funding Round, Targeting… Pocket FM Obtains $16 Million in Debt Funding… Antler Ind seed fund May 4, 2023 May 3, 2023 May 2, Leave a Reply March 3, 2023 Your email address will not be published. Required ?elds are marked * Buy Adani Group Stocks, Advises ICICIdirect Comment * Most Reviews RECENT POPULA R COMMO N May 5, 2023 Name * Email * IvyCap Ventures- Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M POST COMMENT May 5, 2023 Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign May 5, 2023 Govt changes Proposed Electricity Strategy to Stop Additional Coal- Fired Capacity: Report ECONOMIC HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS MARKETS FUND RAISING
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