IoT Startup KaHa Raises $4.5 Mn Funding To Fuel Global Expansion

IoT Startup KaHa Raises $4.5 Mn Funding To Fuel Global Expansion


KaHa Has Tied Up With Titan And MHA Geneva To Link Its IoT Platform With Smartwatches

Singapore-based consumer IoT startup KaHa has raised $4.5 Mn (INR 29 Cr) in a funding round led by Metals International, with the participation of Jungle Ventures, SPRING SEEDS Capital and existing investor YourNest.

The raised capital will be used to drive expansion plans and invest in human resource, product development, infrastructure and R&D. Additionally, KaHa will also focus on further growing its leadership position by opening an innovation centre in Geneva.

Commenting on the fundraise, Sunil K Goyal, founder and CEO of YourNest Venture Capital, said, “KaHa is a game-changing IoT platform with inbuilt elements for rapid expansion and unique services offered to consumers guided by strong analytics architecture framework. The company partnerships with Metal & Titan shall provide KaHa with an advantage to create disruption in the IoT domain and capture the consumer imagination.”

The startup has also announced a partnership with Titan, as part of which its IoT platforms, COVE and COVEnet, will be integrated into the smartwatches developed by Titan.

Apart from that, KaHa has also joined hands with MHA Geneva, a Swiss luxury accessories manufacturer to enter European market for further business expansion.

Speaking about the company’s future plans, Pawan Gandhi, Founder & CEO, KaHa said, “KaHa is ready to meet the growing needs of this wearables global market. Consumers across Asia, Europe and North America are some of the most tech-savvy in the world, and our R&D is focused on anticipating their needs and wants in this fast-developing field. What sets us apart as a brand is our obsession with redefining the consumer experience, solving everyday problems and creating delightful social journeys.”

The startup provides fully-customisable, end-to-end smart IoT wearables that can be plugged in any stage of the value chain. Their products and services include electronics design; Printed Circuit Board Assemblies (PCBA), which is an application framework for iOS and Android; cloud services; data analytics and smart after-sales service tools.

KaHa’s solutions are aimed at allowing companies to incorporate the latest technology without spending much money.

KaHa: A Look At The IoT Platform And Its Offerings

Founded in 2015 by Pawan Gandhi, Justin Tang and Sudheendra Shantaram, the startup is headquartered in Singapore, along with offices in Bengaluru, Geneva and Shenzhen. KaHa’s key offerings include COVE and COVEnet, which are IoT platforms that offer flexible solutions to enterprises so as to provide customised wearable technology to their consumers.

They support a range of patented vertical consumer experience that includes standard clinical health, wellness, sports and fitness, safety, smart payment, sensor-based gaming and smart fashion.

KaHa also designed an analog smartwatch that seamlessly incorporates digital tech features like cloud services, analytics and after-sales service tools in a single analog watch.

Other products by KaHa include smart bracelets, smart bands, full touch smart watches, smartwatch buckles, smart belts and smart wallets.

The company is also introducing women safety features, children and senior citizen based features into its smart watch in order to increase its consumer base. With the newly raised financing from Metals International, YourNest and others, KaHa can establish itself as a global player in the IoT industry.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

Unlock 60% OFF
Cancel Anytime
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

IoT Startup KaHa Raises $4.5 Mn Funding To Fuel Global Expansion-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

IoT Startup KaHa Raises $4.5 Mn Funding To Fuel Global Expansion-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

IoT Startup KaHa Raises $4.5 Mn Funding To Fuel Global Expansion-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

IoT Startup KaHa Raises $4.5 Mn Funding To Fuel Global Expansion-Inc42 Media
IoT Startup KaHa Raises $4.5 Mn Funding To Fuel Global Expansion-Inc42 Media
You’re in Good company