Computer hardware manufacturer Selligion Technologies received INR 5 crore in a pre-Series A investment round that was spearheaded by Malpani Ventures.
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The money generated will go towards production improvements as well as research and development for Selligion’s upcoming phase of growth, as reported by Entrepreneur.com
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“Thanks to our recent pre-Series round A funding, we are poised to make significant strides in our mission. Our research efforts will focus on further enhancing our offerings, with the aim of increasing our manufacturing capacity multi-fold—allowing us to reach more than 1 lakh students by march 2024. Through our subscription-based model, we are committed to providing affordable and easily accessible advanced computers to students across India. These devices will serve as a catalyst for their growth, equipping them with the necessary digital skills to pursue rewarding careers,” said Apeksha Mehta, co-founder and Spokesperson, Selligion Technologies.
“Embracing digital literacy is the key to unlocking India’s potential, but with only 10-15% of Indian homes owning a computer, our nation’s digital infrastructure demands immediate strengthening. We aim to bridge this divide, creating a technologically inclusive ecosystem that empowers every learner, regardless of their background, to thrive in the digital age. By strengthening our digital foundations, we can forge a brighter, more equitable future for our beloved nation,” said Dr Aniruddha Malpani, Malpani Ventures.
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About Selligion Technologies
In the year 2020, Selligion Technologies was founded. The company produced the Selligion Praho, which is marketed as the first cloud-based hybrid computer in the world. According to a press release, Selligion is on a mission to provide every Indian household with a powerful computer and to give every Indian youngster access to unrestricted, reasonably priced computers and the opportunities they bring.
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