Business Briefs

Yahoo Finance/ PTI - 27th February 2020

Indian Angel Network invests in MinionLabs -
Indian Angel Network on Thursday said it has invested an undisclosed amount in MinionLabs. The funding round was led by IAN investors, Kaushik Rajan of Kochi Holding Private Limited and R Mohan Kumaramangalam, a statement said. The Bengaluru-based startup specialises in providing real-time insights into the energy consumption of electric appliances through Minion, its energy monitoring device. Users can then apply these insights delivered by Minion's analytical platform to drive maintenance, reduce electricity costs, and improve the productivity of their electricity-run devices, it added.

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About MinionLabs

MinionLabs is the World Leader in Energy Efficiency for Cities, Businesses, and Consumers for the Internet of Things. Our Artificial Intelligence-based products, systems, and services enable our users to be energy efficient, reduce carbon footprint, prevent climate change and make people’s lives safer and comfortable, and businesses more productive and cities more livable in a sustainable way. Visit us at