Trackyo

May 16, 2017

“The AT-Lead investors will help us in manufacturing and design of our device and also help us in getting more clients on board,” Yash Agarwal, co-founder, Trackyo said. By Sruti Venugopal   |   Published: 16th May 2017  11:56 pm Updated: 17th May 2017  12:34 am T-Hub Logo Hyderabad: T-Hub incubated startup Trackyo has raised an undisclosed sum of seed capital from AT-Lead – which is into drone manufacturing and unmanned aerial vehicle implementations. The startup is building a solution that will help in vehicle monitoring and tracking and has been operations since September 2016. The Hyderabad-based early stage startup is designing security solutions for vehicle monitoring and driver assistance systems specifically for gated societies including residential, shopping malls and business centres. “The AT-Lead investors will help us in manufacturing and design of our device and also help us in getting more clients on board,” Yash Agarwal, co-founder, Trackyo told Telangana Today. Also read Two Hyderabad startup pitch at BioAsia Going ahead, it plans to start production of its hand-held device in June and wants to get into the market by August. A portable hand-held device will be given to each society that will help in tracking and monitoring the vehicle moving in the society. The company has so far invested Rs 10 lakh through bootstrap and AT-Lead has valued the company at $1 million (Rs 6.4 crore). “About 85 per cent of the money will be invested in the manufacturing and production of the device and the remaining will be used for marketing and hiring. In addition, the AT-Lead will help in getting about 30 engineers on-board,” Agarwal added. Related News