In Order To Develop Its Operations, the Startup Accacia Has Raised 54 Crore Rupees From Investors

In Order To Develop Its Operations, the Startup Accacia Has Raised 54 Crore Rupees From Investors

23rd April 2024 – On Monday, the decarbonization platform Acacia, which focuses on the real estate and infrastructure sectors, announced that it had secured USD 6.5 million (about Rs 54 crore) from investors to develop the company.

According to a company statement, the firm was able to “close a $6.5 million pre-Series A round led by Illuminate Financial.”

“We have already deployed our solution to over 25 million square feet of real estate, and we are poised to leverage this opportunity and scale globally,” said Talreja, the founder and CEO of Acacia. “We scale globally and leverage this opportunity.”


Conclusion

Accacia’s technology platform is designed to interface with preexisting systems for property management, energy management, and procurement to simplify the process of recording and monitoring real-time data. It is a software as a service (SAAS) platform established in 2022 by Annu Talreja, Piyush Chitkara, and Jagmohan Garg.

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