Tech-focused VC fund, Inflexor Ventures, invests in A5G Networks, which develops cloud-native 4G, 5G and WiFi converged core software. This investment is an extension of the Seed round raised by A5G in June 2022 from the Bharat Innovation Fund. The company will utilise the funds to augment its team, enhance the technological architecture and expand its business across international markets such as North America, Latin America and APAC.
The recent launch of 5G services by the Hon’ble Prime Minister Narendra Modi at the India Mobile Congress 2022 in New Delhi, will also provide tailwinds to the Company’s operations. 5G will unleash the full potential of technologies such as artificial intelligence (AI), edge computing, and the Internet of Things (IoT), enabling the creation of innovative products, services, and businesses based on high bandwidth, IoT, and ultra-low latency. 5G will have an impact on every industry, enabling the creation of new products and revenue streams, driving productivity improvements, and promoting sustainability.
Rajesh Mishra, Co-Founder and CEO, A5G Networks said, "We are excited to team up with Inflexor Ventures in our journey to transform the mobile packet core infrastructure. This investment will enable us to expand the business worldwide and continue our product leadership with our world class team.”
"The enterprise 5G private network is a critical enabler for accelerating digital transformation in Indian enterprises as it provides faster data connections, inexpensive wireless backhauls, and improved security. We are confident in the founding team's expertise, wide industry knowledge, and passion to make this a success," said Jatin Desai, Managing Partner at Inflexor Ventures.