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SG IoT startup KaHa snapped up by Indian wearables brand boAt
India-based Imagine Marketing, the parent of wearables brand boAt, has acquired Singapore based smart IoT product development company KaHa.
The acquisition will enable Imagine Marketing to augment its wearable product offerings in terms of the concept, design, electronic firmware, algorithm development, Android/iOS applications, new feature integration, social engagement and analytics.
This acquisition will also allow Imagine Marketing to scale up its smart and holistic wellness wearables ecosystem.
Also Read: The IoT opportunity is right outside your door
Founded in 2015, KaHa has capabilities in developing products in the IoT space. It has a technology-focused platform for wearables through patented AI and ML capabilities, end-to-end smart wearable solutions (hardware and software), and data-driven smart IoT platforms, providing solutions and analyses for multiple use cases.
KaHa has developed its proprietary COVE IoT platform. With in-built artificial intelligence and machine learning algorithms, COVE provides users with actionable intelligence and personalised experiences across a range of consumer verticals: health & wellness, sports & fitness, digital payment and safety. The platform includes electronics design, printed circuit board assembly, application frameworks for iOS and Android, cloud services, data analytics and smart after-sales service tools.
KaHa has offices in Singapore, China, India.
DeCloud picks majority stake in blockchain firm Ascent Solutions
Singapore-headquartered DeClout has announced the completion of 70 per cent of Ascent Solutions, a company specialising in IoT and blockchain solutions.
Ascent Solutions is an Internet of Things (IoT) smart connectivity firm that provides digital solutions for smart city infrastructure and end-to-end visibility and intelligence across the entire supply chain for both governments and private sectors.
Since its incorporation in 2010, it has developed iTrust, a blockchain and IoT solution for trade financing in 2018, and implemented a real-time IoT monitoring solution to track in-transit petroleum products for the Ghana authorities in January 2020.
Also Read: How play-to-earn is fueling the next wave of blockchain adoption
Headquartered in Singapore and established in 2010, DeClout invests in, incubates and scales companies to become global or regional market leaders. The group’s companies comprise of fast-growing trade technology firm GUUD, ICT solutions provider Aeqon, green-tech service provider ARCO, neutral hosting solutions provider dhost, and its corporate venture arm DeClout Ventures.
DeClout is a wholly-owned subsidiary of Exeo Global, the regional headquarters of Stock Exchange-listed Exeo Group.
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The post M&A roundup: boAt buys SG startup KaHa, DeClout acquires Ascent Solutions appeared first on e27.
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