Leanworx, a Bengaluru, India-based startup specializing in AI-powered, real-time machine monitoring systems for manufacturing, has raised ₹8.3 crore in seed funding.
Investors
The round was led by YourNest Venture Capital, with additional backing from an angel investment group.
YourNest Venture Capital is a sharply focused 'Pre-Series A' fund established in 2011 to nurture global market leaders from India. They focuses on disruptive technologies to enhance how mankind leverages the value of time. The fund invests in startup founders across a spectrum of DeepTech domains, including AI, IoT, Robotics, AR/VR/MR, DevTools, Edge Cloud, and other digital products.
Leanworx Use of Funds
The company plans to use the capital for marketing, lead generation in India and Southeast Asia, and advancing its hardware and software certifications.
About Leanworx
Founded in 2017 by D. Srihari, Bhagavan S. K., and Dasarathi G. V., provides AI-powered, cloud-based SaaS solutions for real-time machine monitoring in manufacturing plants. It leverages Industry 4.0 technology and IoT devices to deliver actionable data from shop-floor machines to decision-makers.
Funding Details
Company: Leanworx Technologies Pvt. Ltd.
Raised: ₹8.3 crore
Round: Seed Round
Funding Month: December 2024
Lead Investor: YourNest Venture Capital
Additional Investor: Angel Investment Group
Company Website: https://leanworxcloud.com/
Software Category: Machine Monitoring
Source: https://entrackr.com/snippets/leanworx-raises-seed-round-led-by-yournest-venture-8567649