in

Xiaomi founding member and Founders of Bounce Infinity and Jar App invest Rs. 3 cr in seed round in Selligion Technologies

Xiaomi

Selligion has conceptualised, designed, and developed the world’s first consumer cloud computer and have set out to reimagine computing for India by building a hardware and cloud-based software ecosystem that can deliver powerful computing to every Indian for Rs. 399 a month or less. The team is currently piloting the world’s first cloud-based computer they have built with real customers and will be opening sale for one variant of their computer to customers across the country before the year ends.

The CEO of Bounce Infinity Vivekananda HallekereCEO of Jar App Nischay AGXiaomi Global founding team member Alvin Tse along with seasoned investor and founder of Amarante Shipping Captain Prashant Priya participated in the seed round investing Rs. 3 crore in Selligion Technologies Private Limited. The funds will be utilized to build a scalable cloud-based software ecosystem for future deployment while distributing a variant of the computer to a sizable number of students on a monthly subscription model.

“On one end there is a future where nearly every business and work opportunity will either be tech-based or tech-enabled and on the other end data suggests that less than 10-15 per cent of Indian homes own a computer. We recognize the reasons for this gap and are reimagining computing for India by building a cloud-based ecosystem and an easy-to-access delivery model. The seed fund we have acquired will help us scale faster and enable every Indian student to access opportunities that come with access to powerful computers,” said Yoshita Sengupta, Co-Founder and COO, Selligion Technologies. 

“We see the potential impact that the technology being built by Selligion can have on future generations, the economy and the technology infrastructure in India. We believe in the team’s intent and are happy to back them,” said Vivekananda Hallekere, Co-Founder and CEO of Bounce.

Selligion Technologies is co-founded by Naman Chakraborty (CEO), Yoshita Sengupta (COO), Joby John (CTO) and Puneet Raheja (Head of Web Experience & Data).

What do you think?

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

IndiaRF Announces INR 550 Crores Investment in Impresario Entertainment and Hospitality Private Limited

KnowledgeHut upGrad strengthens portfolio, forays into online self-learning programs