KaHa raises US$4.5 million to fuel expansion drive

YourNest has successfully participated in a round of fundraising for KaHa, a Singapore-based consumer IoT company. Along with other strategic investors, a total of US$4.5 million is invested in KaHa, which will help drive the IoT company’s expansion plans. The company has also announced a partnership with Titan. KaHa provides IoT platform and solutions for smart wearables and watches. Recently, Titan has launched its first offering on KaHa platform, the "Titan WE" smartwatches for women.

KaHa is one of the few companies globally that provides fully-customisable, end-to-end smart wearables IoT solutions that can be plugged into any stage of the value chain. Their products include electronics design, PCBA, an application framework for iOS and Android, cloud services, data analytics and smart after sales service tools, allowing companies to incorporate the latest technology without breaking the bank.

KaHa has also partnered with MHA Geneva, a Swiss luxury accessories manufacturer with more than 110 years history, to enter European market for further business expansion. KaHa is focussing on further growing its leadership position by opening an innovation centre in Geneva, which will be one of the biggest innovation centres for watches.

KaHa’s IoT platforms, COVE and COVEnet is powering Titan smart range with both companies working jointly towards a vision of making seamless technology integration with world-class design. Its immediate mission is to bring freedom and security to urban women, by utilizing KaHa's unique safety, wellness and health functions.

KaHa was founded in 2015 and has offices in Singapore, Bengaluru, Shenzhen and Switzerland. Since its launch, the company has shown proven global expertise in launching consumer service products.

Commenting on the development, Pawan Gandhi, Founder & CEO, KaHa, said, “KaHa is a technology company which provides end-to-end solutions to its brand partners to achieve world-class smart products. Our IP in both software and hardware come with a state-of-the-art social platform.”

Sunil K. Goyal, Founder & CEO, YourNest Venture Capital, which was the initial lead investor for KaHa in the Pre-Series A investment round, said, "KaHa is a game-changing IoT platform with inbuilt elements for rapid expansion and unique services offered to consumers guided by strong analytics architecture framework. The company partnerships with Metal & Titan shall provide KaHa with an advantage to create disruption in the IoT domain and capture the consumer imagination.”

Funding was led by Metals International with the participation of Jungle Ventures, SPRING SEEDS Capital, Singapore, and existing investor YourNest.