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Velmenni

Velmenni
2013 FOUNDED
PRIVATE STATUS
1-10 EMPLOYEES
Accelerator/Inc LATEST DEAL TYPE
5 INVESTORS
Description

Developer of a visible light communication device. The company develops a communication device which uses Li-Fi technology to offer very high speed data transfer rates. The company also develops home automation devices, vehicle tracking system and traffic down-counters.

Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Other Hardware
Other Industries
Other Commercial Products
Other Consumer Durables
Primary Office
CA-42C, DDA Flats
Hari Nagar
New Delhi, 110064
India

+91 088009 00000
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Velmenni Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Accelerator/Incubator 09-Dec-2014 Completed Startup
1. Angel (individual) Completed Startup
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Velmenni Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Airbus BizLab Accelerator/Incubator Minority 000 0000 000000 0
Buildit Accelerator/Incubator Minority 000 0000 000000 0
Indrek Rebane Angel (individual) Minority 000 0000 000000 0
Kadri Uus Angel (individual) Minority 000 0000 000000 0
Lota Plezere Angel (individual) Minority 000 0000 000000 0

Velmenni Executive Team (2)

Name Title Board
Seat
Contact
Info
Deepak Solanki Co-Founder, Hardware Architect, R&D Head & Chief Executive Officer
Saurabh Garg Co-Founder, Lead Developer, Software Engineer & Chief Technology Officer
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