Investor/co-founder

About Company -

MFD Technology is building Industry 4.0 Motor, and Generator failure detection technology powered by IoT and Artificial Intelligence that helps industries predict the failure, maintenance, and health of their motors and other machinery to save extra maintenance costs, reduce production downtime, and prevent unplanned failure and maintenance. It saves 33% of Motor's maintenance cost on each failure detection and increases productivity by 25-30% of the entire industry.

Currently, we have secured INR 50 lakh in pre-seed funding.

Currently, we're discussing some of the motor-intensive industries, including cement factories and paper mill industries, having good feedback on the product and technology.

We are raising INR 1.5 crore, looking to dilute 20-25%.

The fund will give us 18 months of runway to build the product and installation in industries we are discussing with.

We are looking for strategic investors who share our passion for innovation and are ready to help us reach new heights. This investment will fuel our growth as we:

• Expand our product offerings
• Enter new markets
• Scale our operations