Pontaq invests Rs 5.5 Cr in Dweepi and Edgehax

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Pontaq Ventures has invested Rs 5.5 crore (around $660K) in two Indian deeptech startups, Dweepi and Edgehax. 

The capital will support product development, tech expansion, and enterprise deployment as both companies scale in India and global markets.

This marks Pontaq’s second round of investment in both startups.

Headquartered in Chennai, Pontaq has backed more than 190 startups, including over 140 DeepTech ventures across India and the UK. The firm invests in AI, IoT, edge computing, robotics, enterprise automation, and other frontier technologies…



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Pontaq invests Rs 5.5 Cr in Dweepi and Edgehax


Pontaq Ventures has invested Rs 5.5 crore (around $660K) in two Indian deeptech startups, Dweepi and Edgehax. 

The capital will support product development, tech expansion, and enterprise deployment as both companies scale in India and global markets.

This marks Pontaq’s second round of investment in both startups.

Headquartered in Chennai, Pontaq has backed more than 190 startups, including over 140 DeepTech ventures across India and the UK. The firm invests in AI, IoT, edge computing, robotics, enterprise automation, and other frontier technologies…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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