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The Indian industrial technology ecosystem has recorded another significant milestone as DATOMS, a Bhubaneswar and Bengaluru based deep technology startup operating in the Industrial Internet of Things (IIoT) space, has successfully closed a ₹25 crore Series A funding round. The investment was led by Vietnam based Big Capital JSC (BIG Global Investments JSC), with participation from IvyCap Ventures and a strategic follow on contribution from YourNest Venture Capital. This capital infusion reflects growing investor confidence in India’s industrial digitalisation narrative and the scalability of asset intelligence platforms.
About DATOMS: Bridging the Physical Digital Divide
Established in 2021 by four alumni of the National Institute of Technology (NIT) Rourkela – Amiya Samantaray, Asish Sahoo, Nataraj Sahoo, and Amrit Biswal. DATOMS was founded with a clear and purposeful mission to transform conventional physical machinery into intelligent, connected assets. The company has engineered a unified intelligence layer that enables enterprises and OEMs to connect their equipment, monitor operational performance in real time, anticipate mechanical breakdowns, optimise energy consumption, and streamline field service operations. With offices in Bhubaneswar and Bengaluru, DATOMS currently serves over 100 enterprise clients globally across diverse manufacturing and industrial sectors.
Financial Overview and Growth Trajectory
DATOMS has demonstrated consistent revenue growth since inception. For FY2024–25, the company reported operating revenue of ₹5.57 crore, up from ₹3.09 crore in FY2023–24 – an increase of approximately 80 per cent year on year. Post funding, the company carries an estimated post money valuation of approximately ₹110 crore, a testament to the perceived long term value of its proprietary platform.
Strategic Deployment of Capital
The freshly secured funds will be channelled across several key priorities deepening the product and technology stack with a focus on AI-driven analytics and predictive maintenance, accelerating geographical expansion into new markets, and scaling the workforce across engineering, data science, operations, and enterprise sales.
Looking Ahead
As India accelerates its push toward Industry 4.0 adoption, startups such as DATOMS stand at the confluence of technology, manufacturing, and data intelligence. With a robust funding foundation and a clearly articulated product vision, DATOMS is well positioned to emerge as a leading player in the global industrial IoT landscape.
