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Funding · AI & Deep Tech

Datoms raises ₹25 crore Series A led by Big Capital

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Date
Company
Datoms
What it does
Industrial IoT platform for machine intelligence
Kind
Funding
Amount
₹25 crore
Stage
Series A
Based in
Bhubaneswar
Founded
2021
Sector
AI & Deep Tech

What they do

Datoms builds an Industrial IoT platform that connects physical machines to monitor performance and predict breakdowns

What happened

The company raised ₹25 crore in a Series A round led by Vietnam-based Big Capital with follow-on investment from IvyCap Ventures and YourNest

Why it matters

Datoms monitors over 25,000 machines globally and aims to reach one lakh machines next year

The details

  • Datoms has raised ₹25 crore in a Series A funding round.
  • The round was led by Big Capital JSC, a Vietnam-based investor.
  • IvyCap Ventures and YourNest Venture Capital participated as follow-on investors.
  • Datoms operates an Industrial IoT platform providing a unified intelligence layer for physical machines.
  • The platform connects equipment to monitor performance, predict breakdowns, and optimize energy usage.
  • Datoms targets asset-heavy industries through OEM partnerships for embedded intelligence layers.
  • The company currently monitors over 25,000 machines globally.
  • Datoms plans to expand its monitoring capacity to one lakh machines next year.

The bigger picture

  • The global connected machines market is valued at $18 billion.
  • Datoms' revenue doubled in the past year.
  • The company serves over 100 global customers across various sectors.
  • Funds will be used to enhance AI and analytics capabilities for predictive maintenance.

About the business

  • Datoms provides an Industrial IoT platform for industrial clients.
  • The solution acts as a unified intelligence layer for physical machinery.
  • The platform connects equipment to monitor performance, predict breakdowns, and optimize energy usage.
  • Datoms helps clients optimize energy consumption across their operations.
  • The system streamlines service operations for better maintenance scheduling.
  • Datoms targets asset-heavy industries requiring robust machine management.
  • The company partners with OEMs to embed its intelligence layer directly.

What happens next

  • Datoms plans to use funds to enhance product and tech capabilities.
  • The company intends to enter new geographies for expansion.
  • Datoms will hire for engineering, data science, ops, and sales roles.
  • The startup aims to improve AI and analytics features.
  • Focus areas include predictive maintenance and energy management solutions.

The deal

Type
Series A

Investors

  • Big Capital JSC (lead) — Vietnam-based investment firm.
  • IvyCap Ventures (co-lead) — Venture capital firm investing in early-stage companies.
  • YourNest Venture Capital (participated) — Venture capital firm making follow-on investments.

Founders

  • Amiya Samantaray, CEO
  • Asish Sahoo, Founder
  • Nataraj Sahoo, Founder
  • Amrit Biswal, Founder

About Datoms

Product
Connected operations cloud platform unifying people, processes and machines with real-time monitoring and predictive maintenance
Customers
Enterprises and OEMs in construction, warehousing, agriculture, mining and port operations
How it makes money
SaaS-based platform providing machine connectivity and operational intelligence services
What sets it apart
AI-driven predictive maintenance and energy management reducing operational costs and downtime

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