Six Sense Mobility, a Mumbai-based smart mobility company, has secured Rs 6 crore in its initial round from Piper Serica VC, an angel investment firm. The company had previously secured funding from Saurabh Nayyar (Docbel Group).
The proceeds will be allocated to the expansion of its team, the expansion of its production capacity, and the research and development of technologies that enhance vehicle safety.
Six Sense Mobility creates IoT-based devices that improve driving security by utilizing AI and machine learning.
The company intends to expand swiftly in both domestic and international markets over the next few years, as the connected car market is anticipated to grow from approximately $75 billion to $165 billion by 2029.
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Six Sense Mobility has developed its technology to address a variety of applications in the automotive industry, including security, maintenance, and safety. Its accident detection technology is capable of detecting collisions and quantifying their impact. By triangulating the precise location of the disaster, it is capable of dispatching emergency SOS services, thereby potentially saving lives and saving valuable time.
About Six Sense Mobility
Founded by Sumit Roy, Kapil Rao, and Narendra Kumar Verma, Six Sense Mobility is a Connected Mobility Company incubated by IIT Delhi and funded by MEITY(Ministry of Electronics and Information Technology) providing Advanced Vehicle Telematics with built-in AI, using state of the art plug and play device.
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