Tech Company Financing Transactions
Vecmocon Technologies Funding Round
Vecmocon Technologies, based in New Delhi, Delhi, secured $5.2 million from Tiger Global Management and Blume Ventures.
Transaction Overview
Company Name
Announced On
10/12/2022
Transaction Type
Venture Equity
Amount
$5,200,000
Round
Series A
Investors
Tiger Global Management (Lead Investor) (Connie Lee)
Proceeds Purpose
The funding from the all-equity round will be used to build a business around the offerings. He noted that the startup is planning to hire sales, HR, operations and finance people in the team, which currently has 20 engineers developing different hardware and software solutions.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
2nd Floor, D128-129, Pocket D, Okhla Phase 1, Okhla Industri
New Delhi, Delhi, 110020
IN
New Delhi, Delhi, 110020
IN
Phone
Website
Email Address
Overview
We are a vechicle intelligence company founded by the Alumni of IIT Kanpur, IIT Delhi and Indian School of Business. Making Intelligent, Smart and Connected Kits for all your Electric Vehicle needs. Contact us to know more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peeyush Asati
Chief Operating Officer
Adarshkumar Balaraman
Chief Technical Officer
Shivam Wankhede
Co-Founder
Prashanth Sridharan
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