Its existing investor includes Axilor capital and Kumar Vembu co-founder of Zoho has also participated in the series A funding round, by this OpenApp has raised $2 Million till date.
Bhaskar Majumdar, Managing Partner, Unicorn India Ventured, said, “Innovative startups like smart lock are needed by big industries who store physical objects. For past centuries and even now, such industries have been using the archaic method of safeguarding their assets. OpenApp Smart Lock has seen healthy traction and their product has a global appeal, which gave us the confidence to lead the funding round in the Company.”