IAN Fund Leads Rs 12.4 Crore Investment In IIT Kanpur-Incubated Nocca Robotics
Summary
As India moves towards a sustainable future on the back of recent government initiatives, many innovative start-ups have stepped forth to make this vision of a tangible reality. Soon Ajeet Chansuriya, Mayur Chate and Samar Ahmed joined the Nocca team, to build the technology and scale the business. Moving ahead, the company is geared to launch a robot dedicated to clean rooftop solar panel installations which differ from industry-implants in both size and scale. The fund invests in innovative companies in sectors including healthcare and medical devices, agritech, fintech, cybersecurity, edutech, hardware products, consumer focused, leveraging VR, AI, Big Data, and deep tech. The Fund leverages and builds upon the strengths and success of IAN, the world’s largest angel investor group, to breed and grow innovative companies.