Leanworx raises seed round led by YourNest Venture

Leanworx, a Bengaluru-based startup empowering manufacturing plants with real-time data, has raised Rs 8.3 crore (approximately $1 million) in its seed funding round. The round was led by YourNest Venture Capital with Rs 6.5 crore and Rs 1.5 crore from an angel investment group.

This funding comes as part of the YourNest-SanchiConnect Velocity Program 2024, an accelerator initiative designed to support high-growth startups like Leanworx by providing strategic funding, mentorship, and market access.

The proceeds will be directed towards scaling marketing and lead generation efforts in India and Southeast Asia and advancing product development, including hardware and software certification, Leanworx said in a press release.

Co-founded in 2017 by D….