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Enlite, a Mumbai-based full-stack infra automation company, has raised Rs 46 crore (about $5 million) in its maiden institutional funding round led by early-stage investment firm Avaana Capital.
The round also saw participation from Claypond Capital, the family office of Manipal Group chairman Ranjan Pai.
The funds will be used to expand into international markets such as West Asia and Southeast Asia, improve edge artificial intelligence (AI) and telemetry capabilities, increase deployments in airports, data centres, public infrastructure and…
