The company claims its Digital Service Cloud Open IoT Platform is the first enterprise grade IoT platform in India. Using a base of Microsoft Azure, the platform can be used to deploy, monitor and manage millions of connected products. Customers can integrate devices with the growing IoT ecosystem and make use of its advanced analytics capabilities to make better business decisions.
On-demand tech support firm iYogi has raised $28 million in series E funding from Axon Partners, Madison India Captial and existing investors.
Mid-market private equity firm Madison Capital has picked up a minority stake in iYogi Technical Services, a Gurgaon based tech support services company.