Company Name : Silvan Innovation Labs
Funding Amount : Rs 3.5 crores
Investor(s) The Chennai Angels
Funding Round : Not Disclosed
The Chennai Angels has invested over Rs 3.5 crores in Bangalore based Silvan Innovation Labs which is engaged in developing products and solutions for Home Automation.
“The Chennai Angels Team consists of very experienced and successful entrepreneurs and we look forward to working with them and learning from their wisdom,” said Avinash, CEO of Silvan Innovation Labs.
Founded in 2008, Silvan Innovation Labs has now also launched its consumer products wherein it is providing solutions for retrofit homes. With a team of 70 people, it has developed products which are architected for Indian lifestyle.