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Since its inception 6 months ago, it has served over 3000 consumers & saved 30 million litres of water
The fund raised will be used by Satya MicroCapital for on-lending to Indian micro, small and medium enterprises.
The company plans to hire around 100 engineers in Hyderabad over the coming years.
Funds will be utilised to expand to newer markets, launch new Design Centers, further build capabilities on their design platform, Canvas and bolster the seller community
In the coming years, Cyclops Medtech plans to to scale up BalanceEye installations across India, primarily in tier 2 and tier 3 cities.
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