CIOReviewIndia Team | Thursday, 15 October 2020, 13:24 IST
India’s first cricket World Cup winning captain Kapi Dev invested an undisclosed amount for the power sector-focused technology company Harmonizer India. The former Indian all-rounder will be holding an undisclosed stake in the company’s artificial intelligence, machine learning, and internet of things (IoT)-focused energy efficiency solutions technology.
Since 2015, Kapil Dev is investing in the startup’s space and his bets include grocer peopleeasy.com, Samco Ventures, online market network Wizcounsel and cab aggregator Vaoo. A statement released where Kapil Dev said, “I have invested in Harmonizer India to support the Indian brainpower and technocrats who have done so well to acquire 14 patents."
Harmonizer is aiming to achieve a significant portion as there is a tremendous opportunity for growth. Manoj Soni, Chief Executive, Harmonizer, said, “In addition to that, the IoT market alone is pegged at USD 15 billion as of now.” M R Srinivas, Chief Technology Officer, Harmonizer, said, “The company has a research and development unit in Bengaluru and will be filing for more patents on technologies like artificial intelligence/ machine learning for industries.”
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