BlueBinaries secures Rs 60 crore in funding from Anicut Capital

BlueBinaries Engineering and Solutions, an engineering and technology services company for the mobility industry, has secured Rs 60 crore in funding from Anicut Capital. 

The funds will be used to work on technological solutions and services for the mobility industry while driving global expansion.

With deep expertise in Product and Digital Engineering domains, BlueBinaries serves a diverse customer base in Europe, UK, USA, and APAC. The company focuses on accelerating the development of Software Defined Vehicles (SDVs) with E/E Architecture design & development services and Digital technologies like Cloud, Devops, AI/ML, CyberSecurity and IoT solutions for its customers, the press release noted. 

Dhruv Kapoor, Partner, Anicut Capital said, "With deep industry knowledge and strong engineering capabilities, we believe BlueBinaries is well-positioned to lead the industry with end-to-end mobility offerings." 

Kishore LM, Co-founder, President & COO, BlueBinaries noted, "t will enable us to build on our existing robust OEM customer base and Tier 1 automotive suppliers across geographies, enhance our SDV and Digital capabilities, and continue delivering cutting-edge solutions to meet the evolving demands of the industry."