O4S an IoT SaaS startup, has raised $6 million in its Series A

O4S, an IoT SaaS startup, has raised $6 million in its Series A round drove by Think Investments with participation from existing investor Venture Highway.

O4S had raised a total of $3.5 million in various investment rounds backed by Venture Highway and angel investors.

According to the Gurugram-based startup, the assets will be utilized to ramp up its operations across North America and Southeast Asia and to expand its client base to more than 500 and headcount to above 200.

Established in 2017 by Divay Kumar and Shreyans Sipani, O4S helps FMCG and manufacturing companies like ITC, Coca Cola, Honeywell, AkzoNobel, and Mondelez, among others, digitize and automate the production network across manufacturing, warehouses, and retail organizations to increase sales and performance.

The startup utilizes trendy advancements like AI, ML, and IoT, with the center store network operations to assemble global inventory network networks for ventures and has a presence in more than 15 nations, including the UAE, Vietnam, Indonesia, Singapore, and Malaysia.