DATOMS, an industrial IoT platform serving enterprises and original equipment manufacturers (OEMs), has raised Rs 25 crore in a series A round led by Vietnam-based Big Capital JSC, as the startup looks to scale its platform across asset-heavy industries.
The round also saw participation from IvyCap Ventures and follow-on capital from YourNest Venture Capital. The fundraise comes months after DATOMS secured Rs 3.5 crore in a pre-series A round backed by Operators Studio and APT Research. Existing investors Ridik Capital, Warmup Ventures, and BeyondSeed have supported the company in earlier rounds.
Founded in 2021 by NIT Rourkela alumni Amiya Samantaray, Asish Sahoo, Nataraj Sahoo, and Amrit Biswal, the Bhubaneswar and Bengaluru-based company builds software that connects industrial machines to a unified intelligence layer. Its platform enables enterprises and OEMs to track equipment performance in real time, anticipate breakdowns, manage service operations, and monitor energy consumption across sites.
Industrial companies often struggle with fragmented machine data spread across OEMs, service providers, dealers, and financiers. That lack of integration can delay maintenance decisions and obscure lifecycle performance. DATOMS says its system is designed to consolidate these data streams into a single operating view, allowing companies to shift from reactive maintenance to predictive models.
The fresh capital will be deployed for product development, AI and analytics capabilities, and hiring across engineering, data science, operations, and enterprise sales. The company also plans to expand into new domestic and overseas markets.
“This funding accelerates our mission to transform industrial assets into connected, self-aware systems that deliver measurable business outcomes,” said Amiya Samantaray, founder and CEO.
Vikram Gupta, founder and managing partner, IvyCap Ventures, said the firm is backing DATOMS as it scales its AI-driven platform. Girish Shivani, executive director and fund manager, YourNest Venture Capital, said the startup is positioned to benefit from growing enterprise demand for data-driven operations.
DATOMS operates at the intersection of industrial IoT, energy technology, and enterprise software, targeting what it describes as an $18 billion global market for connected machines and industrial digitisation.
The platform is deployed in quick commerce dark stores, logistics warehouses, and healthcare settings such as MRI and CT scan rooms, as well as in cement, steel, mining, and manufacturing plants. The company partners with OEMs to embed its software into equipment, enabling lifecycle monitoring from installation through servicing.
Over the past year, DATOMS said it has more than doubled its revenues as enterprise customers expanded usage. The company now monitors more than 25,000 machines and aims to scale to 100,000 within a year.
With over 100 customers globally, DATOMS plans to deepen engagement with existing clients, enter new industries, and pursue international expansion over the next three years.
The round also saw participation from IvyCap Ventures and follow-on capital from YourNest Venture Capital. The fundraise comes months after DATOMS secured Rs 3.5 crore in a pre-series A round backed by Operators Studio and APT Research. Existing investors Ridik Capital, Warmup Ventures, and BeyondSeed have supported the company in earlier rounds.
Founded in 2021 by NIT Rourkela alumni Amiya Samantaray, Asish Sahoo, Nataraj Sahoo, and Amrit Biswal, the Bhubaneswar and Bengaluru-based company builds software that connects industrial machines to a unified intelligence layer. Its platform enables enterprises and OEMs to track equipment performance in real time, anticipate breakdowns, manage service operations, and monitor energy consumption across sites.
Industrial companies often struggle with fragmented machine data spread across OEMs, service providers, dealers, and financiers. That lack of integration can delay maintenance decisions and obscure lifecycle performance. DATOMS says its system is designed to consolidate these data streams into a single operating view, allowing companies to shift from reactive maintenance to predictive models.
The fresh capital will be deployed for product development, AI and analytics capabilities, and hiring across engineering, data science, operations, and enterprise sales. The company also plans to expand into new domestic and overseas markets.
“This funding accelerates our mission to transform industrial assets into connected, self-aware systems that deliver measurable business outcomes,” said Amiya Samantaray, founder and CEO.
Vikram Gupta, founder and managing partner, IvyCap Ventures, said the firm is backing DATOMS as it scales its AI-driven platform. Girish Shivani, executive director and fund manager, YourNest Venture Capital, said the startup is positioned to benefit from growing enterprise demand for data-driven operations.
DATOMS operates at the intersection of industrial IoT, energy technology, and enterprise software, targeting what it describes as an $18 billion global market for connected machines and industrial digitisation.
The platform is deployed in quick commerce dark stores, logistics warehouses, and healthcare settings such as MRI and CT scan rooms, as well as in cement, steel, mining, and manufacturing plants. The company partners with OEMs to embed its software into equipment, enabling lifecycle monitoring from installation through servicing.
Over the past year, DATOMS said it has more than doubled its revenues as enterprise customers expanded usage. The company now monitors more than 25,000 machines and aims to scale to 100,000 within a year.
With over 100 customers globally, DATOMS plans to deepen engagement with existing clients, enter new industries, and pursue international expansion over the next three years.