nCinga Innovations Pvt
Latest round
- Series A
Last raised
- Oct 2019
Total raised
- $2M
Investors
- 4
About nCinga Innovations Pvt
nCinga Innovations Pvt Ltd was founded in 2015 in Colombo, Sri Lanka. The company operates in the technology sector, specifically providing solutions that facilitate digitization in manufacturing. The CEO is Harindha Fernando. As of December 2019, the company was acquired by Zilingo Pte. Ltd.5 mn, which allowed Indian factories to access enhanced tools and features of Zilingo's factory software. Ltd.nCinga Innovations Pvt Ltd offers a range of technology solutions designed for small and medium enterprises. Their core product, Solvei8, supports over 100 factories by optimizing production processes for approximately 20 million articles monthly through digitization. The company also provides the Lynks Sales Cloud, which aids SMEs in managing their e-commerce operations, including marketplace listings and fulfillment logistics.nCinga Innovations Pvt Ltd generates revenue primarily through its technology platforms via subscription models. Factories using the Solvei8 platform pay for digitization services, while the Lynks Sales Cloud may offer tiered pricing based on service levels. Revenue from the Recyclei8 initiative is expected from long-term agreements with SMEs for sourcing waste materials, to be supplied to larger recycling firms.Following the recent acquisition in December 2019, nCinga Innovations Pvt Ltd plans to leverage the additional resources from Zilingo Pte. Ltd. to enhance and expand its product offerings. The company is focused on developing new features for existing platforms and aims to increase its market footprint in South Asia by the end of 2023.
Who invested in nCinga Innovations Pvt
4 investors across 2 rounds
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Questions about nCinga Innovations Pvt
Who invested in nCinga Innovations Pvt?
nCinga Innovations Pvt has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has nCinga Innovations Pvt raised?
nCinga Innovations Pvt has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did nCinga Innovations Pvt last raise money?
nCinga Innovations Pvt's most recent round on record is a Series A, in Oct 2019.
What does nCinga Innovations Pvt do?
nCinga Innovations Pvt Ltd was founded in 2015 in Colombo, Sri Lanka.
Where is nCinga Innovations Pvt headquartered?
nCinga Innovations Pvt is headquartered in Colombo, Sri Lanka.
Which VCs invest in companies like nCinga Innovations Pvt?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at nCinga Innovations Pvt's stage. Their profiles are linked below.
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