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§ Private Profile · Bangalore, Karnataka, India
SaaS technology company providing IoT sensor-based analytics and AI solutions for real-time monitoring and tracking in heavy industries.
Based in Bangalore, India, Cognecto is a venture-backed software technology company that provides IoT sensor-based analytics and AI-powered solutions for real-time monitoring in mining, logistics, and heavy construction operations. The enterprise SaaS platform connects heavy equipment, field workers, and raw materials to deliver operational insights, currently tracking over 15,000 kilometers of road and serving 17 industrial clients across four continents. The organization's customer base features major industrial enterprises such as Vedanta, Hindalco, and the Aditya Birla Group, alongside strategic original equipment manufacturer partnerships with Tata. In May 2023, the business secured INR 4 crore in seed funding led by Inflection Point Ventures, and is reportedly in active discussions to raise an additional INR 40 crore for subsequent expansion. Cognecto was officially founded in 2020 by Anshul Saxena, Divyani Singh, and Bhanu Shekhar.
Cognecto has raised $490K across 1 funding round.
Cognecto has raised $490K in total across 1 funding round.
Cognecto has raised $490K across 1 funding round. Most recently, it raised $490K Seed in May 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 2, 2023 | $490K Seed | Inflection Point Ventures | — | Announced |
Cognecto has raised $490K in total across 1 funding round.
Cognecto's investors include Inflection Point Ventures.