Startup Odisha Recognised Bhubaneswar Based IoT Start-Up Raises $700k

Startup Odisha Recognised Bhubaneswar Based IoT Start-Up Raises $700k

Phoenix Robotix Pvt. Ltd, a Bhubaneswar based Industrial IoT start-up, recognised and supported by Startup Odisha has raised $700K led by HNI investors of Singapore based Ridik Technology Pte. Ltd. The funds will be utilised in product enhancement and scaling up of business development activities.

Phoenix Robotix Pvt Ltd is a start-up founded in 2015 by Amiya Kumar Samantaray, an alumnus of National Institute of Technology, Rourkela, is enabling equipment manufacturers and industries to smoothly navigate through the digital transformation journey to Industry 4.0. The company provides an end-to-end solution for IT/OT integrations driven by advanced Wireless Sensor Network, Machine Learning and AI platform “DATOMS”.

The platform provides a framework to simplify technology adoption and make data-driven decisions for improving operational inefficiencies. The equipment manufacturers who are still using legacy systems can now leverage DATOMS cloud platform to shift to sustainable business models with technology-enabled future-ready solutions.

The company strongly believes that the world in the post COVID era will be driven by connected machines and has the vision to connect one crore machines by 2025.

The core team members Akanksha Priyadarshini, Asish Sahoo, Kishan Patel, Manoranjan Mohapatra and Nataraj Sahoo, alumni of NITR and XIMB are involved in key responsibilities towards building the start-up. The Industrial IoT market is going to surge across geographies and with the investors’ expertise, this exciting business will reach new heights.