Unicorn India, Karnataka govt’s VC fund back smart-lock maker OpenApp
10 Feb 2019 9:01 AM GMT
OpenApp, a startup which makes smart locks for enterprises, has raised at least $1 million (Rs 7 crore) in pre-Series A funding
- OpenApp, a startup which makes smart locks for enterprises, has raised at least $1.3 million (Rs 8.5 crore) in pre-Series A funding from Unicorn India Ventures and the Karnataka government’s venture capital fund KARSEMVEN, a top executive told TechCircle.
- According to Gowda, OpenApp’s products have been used across 16 Indian states and two countries in Africa.
- New investor Unicorn India Ventures is a venture capital firm that is currently on the road to raise a $56-million (Rs 400 crore) second fund focussed on technology startups.
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