India

Ikin Global Raises $2 Mn in Pre-Series A2 Round

Jun 24, 2026 | By Startup Rise

Ikin Global Raises $2 Mn in Pre-Series A2 Round

Kochi-based Ikin Global, a company that develops smart locks and IoT security solutions, has raised $2 million in a Pre-Series A2 funding round. The round was led by Unicorn India Ventures, Callapina Capital, and AWE Funds.

The company plans to use the new funding to expand into international markets, including the United States, Europe and West Asia. This will help Ikin Global grow its presence and reach more customers worldwide.

The investment will also support the development of new products and a security platform for the oil and gas industry. In addition, the company will use the funds to strengthen its team, scale operations, increase manufacturing capacity in India, and improve customer support globally.

Nibu Alias, Co-founder & CEO, IKIN Global / SectorQube says, “Cargo theft is a multi-billion-dollar problem that traditional seals and padlocks cannot effectively address. At IKIN, our mission is to provide a reliable and intelligent solution that helps logistics operators improve operational efficiency by reducing theft, pilferage, and cargo losses through real-time monitoring, tamper detection, and secure access control. We are excited to have the backing of a strong group of investors who share our vision of making global cargo transportation more secure, transparent, and efficient as we continue to expand across the US, Europe and West Asia.”

Anil Joshi, Founder & Managing Partner, Unicorn India Ventures says, “IKIN Global is solving a real business problem, as e-commerce and logistics sector expand, the need for intelligent asset protection is expected to grow. There is a high demand for smart warehouses, digital supply chain and connected logistics networks that has created a rise in demand for IoT enabled security solutions. The company has been doing exceptionally well and we believe it has a strong potential to strengthen its positioning not only in India but in the International markets as well. Their growing capabilities is the reason we continue to back them.”

Founded in 2012 by Nibu Alias, Ikin Global operates in the B2B smart security market, helping businesses protect cargo, goods, and valuable assets across supply chains and logistics operations. Its products include smart locks and intelligent bolt seals equipped with features such as real-time intrusion alerts, geo-fencing, mobile-based access control, and complete activity monitoring.

The company’s solutions are designed to address common challenges in logistics and warehousing, including cargo theft, unauthorized access, and compliance requirements. By replacing traditional locks and plastic seals with digital security solutions, Ikin Global aims to make asset protection more secure, efficient, and reliable.

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