Bengaluru-based Leanworx, empower decision makers at all levels in manufacturing plants has secured INR 8.3 crore (approximately $1 million) funding inseed round led by YourNest Venture Capital with Rs 6.5 crore and Rs 1.5 crore from an angel investment group.
Read also – EPACK Prefab Secures $20 Mn in First Funding Round
The funding will be used for integrating growth in marketing and lead generation in India, Sri Lanka, and Southeast Asia and for the development of technology, including certification in hardware and software.
Read also – Mindgrove Technologies Secures $8 Mn Series A Funding
Leanworx Building clarity around Industry 4.0 for all sectors, from small businesses right through to large enterprises. Southeast Asia and advancing product development, including hardware and software certification.
Leanworx: Demystifying and simplifying Industry 4.0 for all industries, from SMEs to large corporations, and reducing the overall cost expenses across the system acquisition process and subsequent maintenance costs. Make the system I/O point-friendly to all personnel, right from the operator on the production line to the CEOs.
Keep a watch on the generations of machines that could have any form of electronics or none. Track multiple processes in niche manufacturing segments such as metallic industries, packaging industries, food industries, pharmaceutical industries, and plastics industries. Leanworx Manage data collection, analysis, reporting, and alerting of manual tasks through AI.
About Leanworx
Founded in 2017 by D. Srihari, Bhagavan S. K., and Dasarathi G. V., LEANworx Industry 4.0 machine monitoring system gives you data from your machines 24/7, enables you to reduce waste of machine capacity, improve OEE and profits dramatically.
