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TVS Motor invests $3.85 Million in TagBox as part of Series A funding
Writer Admin
CHENNAI: TVS Motor Company has invested $3.85 Million in Bengaluru based-TagBox, a supply chain industrial internet of things (IIoT) and machine learning platform company as part of its Series A funding round. The round was entirely led by TVS Motor Company and its Singapore based Subsidiary, TVS Motor (Singapore) Pte. 

TagBox plans to use the funds for product innovation and R&D and to expand its global footprint. The startup will also invest in its BoxLens and AssetLens platforms and in developing more predictive analytics and automation solutions.