DATOMS, an industrial IoT platform serving enterprises and OEMs, has successfully raised Rs 25 crore in funding with Big Capital JSC from Vietnam leading the investment round. The Bhubaneswar and Bengaluru-based startup specializes in connecting machines to a centralized intelligence layer, enabling efficient monitoring of machine performance, prediction of potential breakdowns, and oversight of energy consumption.
The infusion of funds will be directed towards advancing product development, enhancing AI capabilities, and facilitating the platform’s expansion. This financial boost is expected to strengthen DATOMS’ position in the industrial IoT sector, allowing the company to further innovate and provide enhanced services to its clientele.
Source: Tech-Economic Times