Hipla Technologies raises angel funding from HNIs
Jun 4, 2020
June 4, 2020
Hipla Technologies Pte Ltd, an Internet of things platform that provides customisable integrated solutions to multiple industries such as Offices, Education, Hospitals and Retail spaces, announced that it has raised Rs 2.6 crore in funding from a clutch of wealthy individuals from India and Singapore, according to a VCCircle report. Other Investors who took part in the funding round include Mousumi Ghosh, the founder-director of Kolkata-based Future Medical and Research Trust and Ang Hiap Chee, a Singapore-based early-stage investor in logistics companies. Ghosh has held several board positions including UCO Bank, JNIDB, SEBI. The company said that it will use the current financing to support and accelerate its new SaaS solution, ContaTrack.ai. and further grow its products in office automation space. “This capital injection will give us additional momentum to take ContaTrack.ai to a global platform and enable us to expand our talent pool,” Sandeep Kaul, CEO at Hipla Technologies, said. ContaTrack.ai harnesses the power of artificial intelligence and computer vision to successfully notify individuals when they are about to commit a safe-distancing breach and thereby avoid contamination and infection risks in large work environments. Hipla has served a multitude of industries ranging from premier IT parks, leading educational institutions to top-tier realty brands. Its product suite includes visitor management, parking space, pantry and energy management as well as indoor navigation and access control. Hipla has worked as partners of Cisco, Aruba in India. The company has presence in Mumbai, Kolkata, Delhi, Pune, Bengaluru and Hyderabad.