
TDK backs India smart factory start-up

TDK Ventures has invested an undisclosed sum in India’s Infinite Uptime in an apparent extension of a Series B round that has raised more than USD 24m to date.
It follows a USD 18.8m investment in May, billed as the third tranche of the Series B. That round featured GSR Ventures, Tiger Global Management, Mayfield India, and VenturEast. An initial Series B investment...
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