Indian unified process digitalization platform Deltafour has raised an undisclosed amount in a pre-seed funding round led by EvolveX, an early-stage program founded by We Founder Circle.
The round also saw participation from We Founder Circle and individual investors, including Neeraj Tyagi, Bhawna Bhatnagar, Vikas Aggarwal, Abhinav Ayan, and Anirban Chakraborty.
The purpose of fundraising
According to the startup, The raised capital would be utilized towards team expansion, technology development, and go-to-market initiatives.
What does Deltafour Do?
Founded in 2021 by Mahabisweswar Das, Deltafour aims to redefine industrial maintenance, operation, and safety across process and manufacturing industries. The startup offers unique solutions that boost productivity and minimize safety violations, setting a new standard in industrial excellence.
As the creator of India’s first digital lockout-tagout system powered by Bluetooth padlock technology, Deltafour is leading the way in promoting safer workplaces.
“We are incredibly grateful for the trust and belief shown by our investors in Deltafour. The funds raised represent a significant milestone for our startup. With this support, we are poised to scale our operations and bring our revolutionary industrial solutions to a wider audience, making a lasting impact in the industry,” said Mahabisweswar Das, founder and CEO of Deltafour.
What is EvolveX?
Since its beginning in 2021, EvolveX has been offering acceleration to early-revenue entrepreneurs from a variety of industries.
The firm offers its broad network of seasoned mentors and successful entrepreneurs to support businesses on their route to success and take startups to the next level.
The programme includes one-on-one mentorship meetings with chosen angel investors and industry experts, $30,000 in upfront capital, and $200,000 in credits.
Last month, EvolveX led a $350,000 funding round in the jewellery savings app Plus, with participation from We Founder Circle, Venture Catalyst, and JITO.
“Deltafour’s Unified Process Digitalization Platform addresses a serious concern in the industrial landscape. The prevalence of widespread accidents and inefficiencies in manufacturing plants due to manual processes calls for effective solutions like theirs. By automating and streamlining critical processes, Deltafour has the potential to significantly enhance safety measures and operational efficiency, thus making a meaningful contribution to improving industrial practices,” said Bhawna Bhatnagar, co-founder of EvolveX.
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