Funding · Enterprise Software & IT

Intellithink IOT Labs raises $1.8M seed round

By Startup Enthusiast · 15 April 2026

What they do

Intellithink IOT Labs provides production monitoring, condition-based monitoring, and energy optimization solutions

The company raised $1.8 million in an early-stage round from Anicut Capital, Pentathlon Ventures, and Veltis Capital

This brings total funding to $2.59 million across two rounds since its founding in 2017

Intellithink IOT Labs raised $1.80 million in an Early Stage round on 16 April 2026.
The round was led by Anicut Capital, Pentathlon Ventures, and Veltis Capital, along with one other investor.
This is the company's second funding round, bringing total funding to $2.59 million.
The company has 92 employees and is headquartered in Bengaluru, India.
It was founded in 2017 and operates in the advanced hardware and technology sector.

Intellithink IOT Labs provides production monitoring solutions that track machine performance and output in real time.
It offers condition-based monitoring to predict equipment failures and reduce downtime.
The company also delivers energy monitoring and optimization services to help factories cut power costs.
Its solutions are designed for the advanced hardware and technology sector, targeting industrial clients.
The company is based in Bengaluru, India and employs 92 people.

Anicut Capital (participated) — A venture capital firm investing in early-stage startups.
Pentathlon Ventures (participated) — A venture capital firm focused on technology startups.
Veltis Capital (participated) — An investment firm that participates in early-stage funding rounds.