Smart mobility company Six Sense Mobility has successfully raised INR 6 crore in a seed round from Piper Serica VC, an angel investment firm in Mumbai. Previously, the company had received funding from Saurabh Nayyar of Docbel Group. The funds will be utilized to expand the team, enhance production capacity, and advance research and development in vehicle safety technologies.
Six Sense Mobility, founded by Sumit Roy, Kapil Rao, and Narendra Kumar Verma, has rapidly progressed from the R&D phase to commercializing its indigenous technology. Their tech spans the entire value chain from design and development to manufacturing. The company serves multiple clients in the automotive sector, covering 2-wheelers, 3-wheelers, and large commercial vehicles in both electric vehicle (EV) and internal combustion engine (IC) domains.
“We are about 1.5 years old but have made great progress in bringing our technology from the R&D phase to commercialization while keeping it entirely indigenous and controlling the entire value chain of the tech, from design and development to manufacturing. We already have multiple clients in the automotive domain, which include 2-wheelers, 3-wheelers, and even large commercial vehicles in both EV and IC engine domains,” stated Sumit Roy, founder of Six Sense Mobility.
The startup aims to scale rapidly in India and international markets, with the connected cars market projected to grow from USD 75 billion to USD 165 billion by 2029. Six Sense Mobility is positioned to contribute significantly to India’s evolving mobility and transportation sector, aligning with the government’s implementation of new technologies.
The company’s technology has multiple applications in automotive safety, security, and maintenance. Their crash detection system can identify collisions, measure impact, and dispatch emergency SOS services by triangulating the accident’s exact location. This rapid response capability can save lives.
Six Sense’s advanced tracking and immobilization technology interacts with various satellites, including the USA’s GPS, China’s BeiDou, Russia’s GLONASS, and India’s NAVIC launched by ISRO. This ensures precise tracking and remote immobilization, enhancing asset security.
The company’s diagnostics and analytics system employs AI and machine learning to remotely diagnose vehicle issues with high accuracy and predict potential future malfunctions.
“Six Sense is one of the few companies in the telematics space that is 5G-ready with a very strong customer traction. Satellite-based tolling system, connected cars, efficient logistics, pay as you go insurance all require strong telemetry technology and Six Sense devices are already seeing strong adoption across these customers. We at Piper Serica are excited to back this deep-tech company having a great founding team and a strong customer traction,” said Ajay Modi, Director of Investments at Piper Serica Angel Fund.
Six Sense Mobility’s commitment to enhancing vehicle safety through advanced technology sets it apart in the smart mobility sector. The recent investment by Piper Serica VC underscores the company’s potential for growth and innovation.
