ZestIoT: IoT/AI powered connected operations platform, the Hyderabad-based technology startup focused on the aviation sector, raised $6.5 million in a Series A funding round led by IvyCap Ventures Advisors Private Limited and Loyal VC. The startup plans to use this funding towards building its technology platform, which will enable faster turnaround of aircraft and enhance passenger experience. Besides, it will also invest towards hiring and expanding market reach.
Founded in 2016 by Amit Sukhija, ZestIOT has created an IoT and AI-led technology platform to digitise last-mile operations, enhance operational efficiencies, and introduce predictability in daily operations for the aviation industry.