Bengaluru: domestic automation answers issuer Silvan Innovation Labs Pvt. Ltd on Wednesday stated it raised Rs.6 crore in investment from easy era–focused venture firm Infuse Ventures to reinforce its patronmerchandise range.
The Bengaluru-primarily based firm, which used to offer answers for property developers, additionallyventured into the business-to-client quarter on Wednesday and launched 4 products, together with a WiFi-enabled video doorbell, protection gadget, mild automation gadget and a tune zoning device, all priced among Rs.10,000 and Rs.20,000.
The firm had in advance in January raised Rs.3.five crore in investment from Chennai Angels. It really works with builders which includes Lodha, Status, Brigade, Tata Housing and stated its merchandise are used to absolutely automate 2,000 homes, and are being utilized in approximately forty initiativesacross the united states of america.
“in advance there was no focus about domestic automation, but now humans are inquiring for it.There’s a want for customised answers which can be simple and intuitive enough now not to alienatedifferent individuals of a family,” said Avinash Gautam, chief govt officer, Silvan.
The products are to be had for purchase on Silvan’s internet site and pick retail shops. They hope toincrease the range of stores that stock their merchandise to five,000 in the next six-eight months. Due to the fact that home automation products require some putting in,
Silvan has skilled individuals who will installation the devices to allow a smooth after-buy technique.
The firm will now paintings in teams– one will hold to consciousness at the corporation enterprise andthe other will broaden its consumer variety similarly. They may also observe how their answers can bedeployed for electricity management in the future, stated Gautam.
“human beings are absolutely cozy with technology now, and because of that consolation, comfortadoption of home automation has come to the fore. We accept as true with Silvan will be successful due to the fact they are the usage of the learnings from servicing the early adopters and builders, in designing their products to in shape what people really need,” said Shyam Menon, funding director, Infuse Ventures.