3D Geo-Spatial Tech startup Heliware raises undisclosed bridge round from Tie India Angels (TIA)

New Delhi (India), February 02: Heliware, a 3D Geo-Spatial Tech startup, has raised an undisclosed bridge round from Tie India Angels (TIA). Prior to this funding round, the 3D Geo-Spatial Tech startup has raised its Angel round from CAN.

The startup plans to use the raised funds to grow its tech team by 2X for its flagship products (Heli 3D & Heli AI) and Heli Library. Additionally, Heliware is also looking into a senior person from the industry who can join them as a marketing & sales leader.

Founded in 2018 by Rajan Srivastava, Heliware was started with a vision to solve the problems related to big data in the geospatial industry. With its tech stack (Library & API) being used by 10K developers around the globe, Heliware has provided software and services to defence, solar, construction and several other industries.

The company is on a mission to become a Geo-Spatial Big Data Analytics platform by providing various 3D visualization & Automation stack and product, focusing on Earth Moving & Assets Moving Sector.

Speaking about the development, Rajan Srivastava, Founder of Heliware, said,

“As an Indigenous 3D Geospatial tech startup, we are building the next generation gamification based Geo-Spatial stack from India for the world which will provide “Plug & Play “Model for location data analysis.”

In the last few months, the use of location insights has increased drastically around the globe. As the Honorable Prime Minister, Mr Narendra Modi, launched a new geospatial policy, the industry has already seen a boost in the use case in various government and private organizations.

Mahavir Sharma, TiE India Angels (TIA- a program of TissssE global) Chairman, said that TiE intends to invest at a very early stage and take the startups to the next level. The platform is now in full action, with this being the 2nd such investment and many in the pipeline.

Talking about Heliware, Mahavir added, “TiE will not only be an investor but strategically help the startups in handholding, mentoring, market access and the next round of funding, all through its 13000 plus member network. We have great hopes from Heliware and its team ably led by Rajan Srivastava.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

BIG BOX announces Series A Funding From Top Public Listed Company

BIG BOX Ventures Private Limited New Delhi (India), January 30: BIG BOX Ventures Private Limited (BIG BOX), a Pune-based managed workspace solution provider, has received a multi-million-dollar investment from a top publicly listed company for a minority stake. BIG BOX will use the funds to enter new markets and increase its presence at several new centres […]

Read More
Business

After Gandhi Godse – Ek Yudh, Producer Jhoolan Prasad Gupta is soon coming up with new OTT Fun Prime Entertainment

Jhoolan Prasad Gupta & Rajkumar Santoshi New Delhi (India), January 30: JP Gupta (Jhoolan Prasad Gupta) has proved his struggle and success story in a new form and everywhere. Jhoolan Prasad Gupta is co-producer of National Film Award-winning director Rajkumar Santoshi’s film Gandhi Godse – Ek Yudh. Jhoolan Prasad Gupta has emerged as a personality. […]

Read More
Business

MOLD-TEK TECHNOLOGIES LIMITED Announces Q3 2022-23, PAT up by 5.5 times from ` 1.67 Cr in Q3 2021-22 to `9.21 Cr

PAT up by 5.5 times from ` 1.67 Cr in Q3 2021-22 to ` 9.21 Cr in Q3 2022-23 Consolidated Profit after Tax 9M on 9M up by 122.96% Consolidated Sales 9M on 9M up by 48.98% Hyderabad (Telangana) [India], January 30: Mold-Tek Technologies Limited, KPO in Structural Engineering and Designing services posted excellent financial results for the Quarter and Nine months ended 31st December 2022 in […]

Read More