IoT Startup CoveIoT Raises Funding From Titan
Titan Company Ltd, an Indian luxury goods company; a joint venture between Tata Group and Tamil Nadu Industrial Development Corporation, has recently invested in a wearable IoT startup CoveIoT as per the reports by a financial daily.
The amount that has been invested is expected to be between $3-5 million, marking the first such investment by the giant in IoT space.
The development will be used to develop the product and its R&D, analytics etc.
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COVE is a registered brand of KaHa Pte Ltd, and is an end to end SMART IoT wearables platform that is a single window to brands to launch range of sma...