Numocity Technologies, a new age digital technology company, has secured an undisclosed amount from Ideaspring Capital, Rebright Partners and ABB Technology Ventures (ATV). The early-stage startup focusses on providing digital solutions for electric mobility infrastructure. The company was founded by Ravikiran Annaswamy, Siddharth Sreenivasan, and Muralidhar Somisetty in 2018.
The company will utilize these funds in business expansion and strengthening their technology.
In a media statement, Siddharth said, “We are excited to take our vision of creating a robust energy infrastructure for e-mobility and accelerate the transition of transportation towards a cleaner and greener future. We believe we have found the right partners who share our vision and back us to realise our goals.”
Numocity Technologies has launched industry leading solutions to operationalise, monetise and create new user experiences with Electric vehicle Charger infrastructure and Battery swap management. Their intelligence platform is enabling major industry players to demonstrate ROI on Electric mobility.
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