Mushin Innovation Labs, a New Delhi, India-based SaaS startup offering industrial automation solutions, has raised $250,000 in a seed funding round.
Investors
The round was led by Inflection Point Ventures (IPV), founded in 2018. IPV is an early-stage angel investing platform that provides financial and non-financial support. With over 14,000 angel investors, IPV operates across India and globally and has invested in over 250 startups across sectors such as healthcare, AI, education, and logistics, ensuring a broad and unrestricted investment approach.
Mushin Innovation Labs Use of Funds
The company will use the funds to bolster its sales and marketing operations, accelerate its research and development efforts, and fuel the innovation of its product suite.
Tourlane Use of Funds
The company will use the funds to expand its sustainable, data-driven solutions across Europe and beyond.
About Mushin Innovation Labs
Founded in 2019 by Rachit Srivastava and Rishi Gupta, Mushin Innovation Labs is focused on transforming the automotive manufacturing industry through innovative digital solutions. The company provides a platform called Mushin Aqua, which helps tier 1 and tier 2 automotive manufacturers streamline compliance processes, improve quality management, and achieve significant cost reductions. The platform is designed to meet the stringent requirements of various compliance standards, including IATF, VDA, and ISO.
Funding Details
Company: Mushin Innovation Labs Pvt. Ltd.
Raised: $250K
Round: Seed Round
Funding Date: November 2024
Lead Investor: Inflection Point Ventures
Additional Investors:
Company Website: https://www.mushinlabs.com/
Software Category: Industrial Automation Solutions
Source: https://bwdisrupt.com/article/mushin-innovative-labs-raises-250k-seed-series-round-led-by-inflection-point-ventures-539219