Thingsup has recently announced that it has received $100,000 from GSF Accelerator. iobot, the parent company of Thingsup informed that the investment will be used to the burgeoning demand for digitalising the cold chain logistics, the market for which is rapidly expanding due to the ongoing COVID-19 pandemic.
Launched in 2020, Thingsup is a low-code, SaaS-based platform that comes with ready to use wireless IoT sensors and enables businesses to digitalise their entire supply chain operations within a few days, instead of months.
Rajesh Sawhney, Founder and CEO, GSF Accelerator said to a news portal, “The iobot team has built a fantastic low-code IoT platform in Thingsup and the feedback from their customers universally underlines the tremendous business value that their platform is already delivering. We are really excited to partner with them and are confident that they are going to be among the biggest IoT success stories to emerge from India in the months and years to come.”
Founded in 2012, GSF is one of India’s technology accelerator, with a portfolio including Whatfix, Slintel, Quizizz, Docsapp, Flinto, Citymall, Gamezop, Well Being, Zen Duty, Khabri and Vaultedge.