Probus Smart Things raises $500,000 led by Unicorn India Ventures

Delhi-based IoT communications & data analytics startup Probus Smart Things, focused on smart grid applications, has raised $500,000 in a bridge round led by Unicorn India Ventures. The round also saw participation from prominent angels like Anuj Khanna of Trimaster, Kiran Alla, Theia Ventures, Devdutt Shah, Kuntesh Chandaria, Urmin Group and Anmol Rastogi. The company plans to use the funds to scale up its team and operations within India and abroad.

Probus develops integrated hardware and software solutions for utility providers and helps digitise their distribution grid and have a clear visibility of their network through Probus integrated end-to-end IoT