#Asia India’s consumer IoT company Witworks raises Seed investment round, launches smart wearable platform Blink

//

The funds will be used for development and launch of Blink, a wrist-wearable platform designed to provide access to contextual information and services on-the-go

BLINK

Bangalore-based consumer IoT company that makes smart devices in the home and lifestyle space, Witworks today announced that it has raised a Seed investment round from Fireside Ventures, Investopad, P39 Capital and a syndicated group of angels.

The round was led by Manish Singhal and Kanwaljit Singh from Fireside Ventures, & Rohan Malhotra and Arjun Malhotra from Investopad.

Also Read: He made his first US$1M at the age of 18 and US$100M at 23, and now sold his adtech firm for US$900M at 34

The group of angels include Anupam Mittal (Shaadi.com Founder), Pranay Jivrajka (COO, Ola Cabs), Maninder Gulati (Chief of Strategy, Oyo), Abhinav Sinha (COO, Oyo Rooms) and top executives from ITC.

The funds will be used for development and launch of Blink, a wrist-wearable platform designed to provide access to contextual information and services on-the-go.

With their own voice-enabled operating system called Marvin OS (based on Android), the Witworks team looks to have a seamless integration of hardware and software.

Also Read: US$2 a night for hotel room in Dubai and Mumbai? Can’t believe? This startup is making the impossible possible

“Wearables, especially watches, are at a very interesting stage at this point of time. The technology is in place, and there’s enough eagerness amongst consumers. But lack of relevant use-cases, ease of interaction and genuine design-empathy have prevented them from taking off. With a blend of technology and design, we are looking to solve that and make smart-wearables ubiquitous,” said Somnath Meher, Co-Founder & CEO of Witworks, in a press statement.

Previously, Witworks has successfully designed, manufactured, and launched a simple innovative solution for earphone entanglement called Rewind of which 40,000 units has already been sold.

The post India’s consumer IoT company Witworks raises Seed investment round, launches smart wearable platform Blink appeared first on e27.

from e27 http://ift.tt/2bXOW52

This entry was posted in #Asia by Startup365. Bookmark the permalink.

About Startup365

Chaque jour nous vous présenterons une nouvelle Startup française ! Notre pays regorge de talents et d'entrepreneurs brillants ! Alors partons à la découverte des meilleures startup françaises ! Certaines d'entre elles sont dans une étape essentielle dans la vie d'une startup : la recherche de financement, notamment par le financement participatif (ou crowdfunding en anglais). Alors participez à cette grande aventure en leur faisant une petite donation ! Les startups françaises ont besoin de vous !