IntelloCut, a Bangalore, India-based provider of intelligent material planning and optimization software, raised $200k in funding.
Backers included Blume Ventures and angel investors, including Google India’s Rajan Anandan.
The company intends to use the funds to expand its marketing efforts.
Co-founded in 2012 by Manasij Ganguli CEO) and Mausmi Ambastha (COO), IntelloCut provides material planning and optimization software that measures, predicts and optimizes material utilization and productivity for sewn products industry (apparel, footwear, automotive, home furnishing, technical textiles etc.).
FinSMEs
09/02/2014