- Semiconductor startup Mindgrove Technology, incubated at IIT Madras, has raised $2.35 million in a seed funding round.
- The round was led by Sequoia Capital India, Speciale Invest, and Whiteboard Capital.
- Ashwini Asokan and Nischay Goel also invested in their personal capacity.
- The proceeds will be used to invest in technology and grow the team.
[Via]
