Mumbai-based full-stack AIoT startup Ubiqedge has raised ₹10 crore in a seed funding round led by Piper Serica, with participation from Atomberg CEO and co-founder Sibabrata Shibam Das, OTO co-founder and CEO Sumit Chhazed.
Founded in March 2024 by Visat Patel, Archit Khandelwal, Akhilesh Thorat, and Hetvi Shah, Ubiqedge is building an operating system for industrial infrastructure. Its proprietary hardware platform, KLEON, and AI-powered software layer, SAMASTH, enable real-time monitoring, control, and optimization of critical infrastructure across water management, air quality, solar energy, and construction.
That combination — proprietary hardware plus a software intelligence layer — is what makes the Ubiqedge stack structurally harder to commoditise than a pure-software play. The platform converts fragmented real-time sensor data into actionable insights and automated controls, addressing the manual monitoring and delayed decision-making that remains the default across most of India’s industrial infrastructure today.
The early traction numbers are striking for a company that is just two years old. Ubiqedge claims to have digitised over 23,000 borewells and reduced issue resolution timelines by more than 80% across deployments.
Atomberg’s Shibam Das investing personally is a notable signal. Atomberg itself built hardware with embedded intelligence into a market conventional wisdom said was too commoditised — and found an outsized outcome. The parallel here is deliberate: India-first, vertically integrated, hardware-plus-software from day one.
The fresh capital will strengthen AI capabilities, scale deployments across verticals, and expand the network of system integrators and OEM partners. Ubiqedge competes with players like Samsara, Teltonika, and Datoms — but its full-stack, India-built positioning gives it a cost and integration advantage that global platforms typically struggle to replicate in local industrial deployments.
