Leanworx Secures Investment to Revolutionize Manufacturing Efficiency

Leanworx, a leading provider of real-time machine monitoring solutions, secures INR 8 crore funding led by YourNest Venture Capital and The Chennai Angels. The investment aims to enhance product development, expand market reach, and improve productivity for manufacturing industries through innovative Industry 4.0 solutions.

Leanworx, a frontrunner in real-time machine monitoring solutions for the manufacturing sector, has garnered a significant INR 8 crore investment. The funding round, led by YourNest Venture Capital and The Chennai Angels, focuses on boosting Leanworx's expansion and technological advancements.

Renowned for its plug-and-play Industry 4.0 solutions, Leanworx aims to enhance productivity and capacity utilization by 20–25% within four months of implementation. The capital infusion will be directed towards expanding geographic reach and accelerating product development both in domestic and international markets.

The backing from The Chennai Angels underlines the strategic potential of Leanworx, further aligning with India's 'Make in India, Make for the World' mission. With global manufacturing needs on the rise, Leanworx's IoT-enabled, cloud-connected technology offers a scalable and efficient alternative to traditional manual data systems, potentially transforming manufacturing sectors worldwide.

(With inputs from agencies.)