• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, May 14, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home India News

Bengaluru-based MinionLabs raises Fresh Funding from Indian Angel Network

by Apoorv Anupam
February 28, 2020
in India News, News, Startups
Reading Time: 2 mins read
0
MinionLabs
TwitterWhatsappLinkedin

MinionLabs

You might also like

Nasdaq Tower Shines Spotlight on Zerodha’s Open-Source Mission

Adopt AI and Flam Raise $20M to Power the Future of AI and Mixed Reality

Trump’s Visit to Saudi Arabia: Focus on Iran, Investment, and Israel

28 February 2020:

MinionLabs has raised fresh funding from Indian Angel Network. The funding round was led by prominent IAN investors Kaushik Rajan of Kochi Holding Private Limited and R. Mohan Kumaramangalam.

The financial details have not been disclosed yet.

The startup will use the fresh capital infusion to boost its production, drive sales, and expand its geographical footprint

Gokul Shrinivas, Founder, MinionLabs, said, “We are part of the two most promising & exciting Industries of future – Energy & Internet of things. And we are working in sexiest technologies like Machine Learning, Deep Learning, and Artificial Intelligence. Our team of minions is changing the world by delivering energy efficiency through its state-of-the-art technology-based product. We work hard, are focused, have an open office culture, have guidelines but no rules and policies, celebrate successes, and enjoy hackathons and get-togethers.”

Gokul Shrinivas, added, “We are delighted to receive the support of IAN investors. We will utilize the capital infusion to ramp up our production, bolster sales, and expand our geographical footprint in the coming years.”

Lead Investor Kaushik Rajan of Kochi Holding Private Limited and R Mohan Kumaramangalam, said, “At IAN, we are committed to supporting startups that are leveraging technology to providing innovative solutions to some of the most pressing pain points in society. Energy conservation is one such challenge and MinionLabs is one such startup. Besides its cutting-edge IP, we were also attracted to the founding team’s dedication and industry expertise. We wish them continued success.”

In 2016, MinionLabs had raised an undisclosed seed amount from Subhash Dhar, Former Senior Vice President and Corporate Head (Innovations) and Group Head of Sales and Marketing of Infosys. The startup gave him a successful exit in 2019.

(Image – MinionLabs)

Tags: fundingIANIndian Angel NetworkInvestmentMinionLabsNewsstartup
Tweet54SendShare15
Previous Post

AjnaLens secured $1.5M from Maharashtra Venture Fund

Next Post

Hasura secured $9.9M from Vertex Ventures US and others

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

Nasdaq Tower Shines Spotlight on Zerodha’s Open-Source Mission

by Ishaan Negi
May 14, 2025
0
Zerodha’s Kamath brothers take home Rs 72 crore each in remuneration in FY23

The largest stockbroking platform in India, Zerodha, has gained headlines outside of its home markets, marking a momentous milestone for Indian fintech.

Read more

Adopt AI and Flam Raise $20M to Power the Future of AI and Mixed Reality

by Ishaan Negi
May 14, 2025
0
Adopt AI and Flam Raise $20M to Power the Future of AI and Mixed Reality

In a powerful endorsement of India’s rising stature in the global deep-tech space, two emerging technology startups—Adopt AI and Flam—have collectively secured $20 million in funding.

Read more

Trump’s Visit to Saudi Arabia: Focus on Iran, Investment, and Israel

by Thomas Babychan
May 14, 2025
0
Trump’s Visit to Saudi Arabia: Focus on Iran, Investment, and Israel

President Donald Trump’s arrival in Saudi Arabia on May 13, 2025, marked the beginning of a carefully planned visit to the Middle East during his second term in...

Read more
Next Post
Hasura Raises $1.6 Million In Seed Funding

Hasura secured $9.9M from Vertex Ventures US and others

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?