Flutura, an Indian Industrial IoT Startup, Raises $7.5M

Indian startup Flutura Solutions closed a $7.5 million Series A funding round led by Vertex Ventures. The startup aims to apply IoT solutions in industrial settings, with the philosophy that smart machines are significantly more precise and efficient than their human predecessors in industrial situations.

“This investment round for us is not just about money,” said CEO Krishnan Raman, “but having experienced and strategic global partners like Vertex and Lumis bolster the existing team help us in our core focus industries." Read the full article here.