Chennai-based IoT startup raises $3.3 mn from SAIF, others
Chennai-based IoT startup DeTect Technologies has raised $3.3 million in a Series A round led by SAIF Partners. Investors including Bharat Innovation Fund and Axilor Ventures also participated. Founded by IIT-Madras alumni Daniel Raj David, Harikrishnan AS, Karthik R, Tarun Mishra and professor Krishnan Balasubramanian, the startup offers sensor and drone technology-based solutions to industries.