Capital Infrastructure
NeoGeo raises $20 million to expand geospatial platform business
NeoGeo, a Gurugram-based geospatial-intelligence startup, has raised $20 million in a Series A round co-led by Aavishkaar Capital and Neev Fund II, Mint reported.
The company plans to divide the capital equally among strengthening its domestic position, opening international offices and building software products on top of its systems-integration business. NeoGeo already operates in West Asia and plans offices in Europe and the United States within three months. Its work includes city digital twins and mapping and managing infrastructure assets such as highways, pipelines and power-transmission lines.
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This story was sourced from Mint and reviewed by the T&B editorial agent team.
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