Hotline: 1800 102 2007
X
Search Business Opportunities
Apr, 20 2017

​Innefu Labs aims to enter into Bangladesh and Sri Lanka markets

Innefu will primarily use funds to enhance its AI platform for predictive intelligence and facial biometrics.

Delhi-based artificial intelligence startup Innefu Labs has raised $2 Mn Series A funding from IndiaNivesh Venture Capital Fund. 

With this move, IndiaNivesh will also acquire a minority stake in the company. IndiaNivesh is a $23 Mn fund that has invested in about five startups so far.

Founded in 2011 by Tarun Wig and Abhishek Sharma, Innefu is a research-oriented information security consulting group specialising in meeting these needs of the consumers. 

It serves clients from diverse industry verticals – including law enforcement, BFSI, BPOs/KPOs, ecommerce, IT/ITES, education, telecom etc.

The startup will primarily use funds to enhance its AI platform for predictive intelligence and facial biometrics. 

Apart from this it intends to invest this fund for talent acquisition and market expansion. The funding will also play a strategic role in Innefu’s entry into Bangladesh and Sri Lanka.

Abhishek Sharma, Co-founder, Innefu, "We are a completely ‘Made in India’ company providing indigenous product solutions to our customers in India and abroad. 

We have the right blend of domain expertise with tech know-how to compete with the best in the world."

In January 2017, Delhi-based Kratikal, an end-to-end cyber security solution provider, raised an undisclosed amount of Seed funding from Amajit Gupta (former director of Microsoft India) along with Praveen Dubey (co-founder Mutual PR) and J.P. Bhatt (co-founder and Chief Executive of ImpactQA).

Comment
image
Related opportunities
  • Gyms and Fitness Centres
    About Us: UK's leading fitness chain now enters India to provide..
    Locations looking for expansion New Delhi
    Establishment year 2003
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 5000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Others Food Service
    About Us: Tempteys is India's first dedicated Cold beverage cafe serving..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Payment Solution services
    This is a business of future India ( THE DIGITAL..
    Locations looking for expansion Rajasthan
    Establishment year 2012
    Franchising Launch Date 2016
    Investment size Rs. 10000 - 50 K
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • Fitness Equipment Stores
    About Us: Body Mechanism, Informally known as BM, Is an Advanced..
    Locations looking for expansion New Delhi
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 5200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater DELHI New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities