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Nivriti Solutions Global and PreIPO.com Unite to Initiate $25M Capital Raise for Innovative Logistics Solutions in IoT

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If you’ve read other articles of mine from IoT Evolution or one of our many other sites, it’s probably been made clear by now that language is a top-tier passion of mine; can’t get enough of it, really.

That said, I learned something this afternoon, language-wise. (Specifically in regard to Sanskrit.) The Sanskrit word “Navrti” – not to be confused with the word “Navaratri, i.e. pertinent to a festival of nine nights dating back in Nepal’s history – signifies “retiring from action and reposing in the self,” according to NSaaS (i.e. Network Security as a Service) company Nivriti.

Because that’s precisely from where Nivriti’s name is derived.

Nivriti Solutions Global also describes how, in the meditation world, the Sanskrit word relates to “helping you become sharper and more alert,” so that’s what Nivriti focuses on in the NSaaS world; Nivriti’s teams preach about “relaxing on your IT management” to customers because the company’s experts develop solutions that help IT personnel and those in IoT attain faster ROIs, decrease TCOs, and innovate more expeditiously.

And, in the vein of innovation, the latest Nivriti-related news:

Nivriti Solutions Global and PreIPO.com have strategically partnered to initiate what can be called a significant capital raise; a $25 million Series B fundraising effort, to be exact. So, by partnering with its logistics and NSaaS products with PreIPO.com, the Nivriti teams will be able to establish new benchmarks across industries (especially through transformations in IoT fleet management operations, with RFID tech and asset-tracking solutions and more).

Notably, the diverse industries that Nivriti caters to also includes cold chain logistics and livestock transportation, as well pharmaceutical logistics and FMGG (i.e. fast-moving consumer goods). Each sector faces its own challenges, and Nivriti’s NSaaS enables the actualization of stronger operational efficiencies and cost-effectiveness. Nivriti’s NSaaS even features live GPS tracking, object warning systems, and mapping and monitoring for drones. All of these come in handy for those delving into Internet of Things territories, so to speak, so Nivriti and PreIPO.com uniting for this capital raise means a great deal to innovators in logistics-centric spaces, for instance.

Hari Krishna Reddy, founder and managing director of Nivriti Solutions Global, took a moment to express his enthusiasm.

"Our NSaaS platform is not just a product; it's a revolution,” Reddy said. “Partnering with PreIPO.com will expedite our capital raise, allowing us to further enhance our offerings and expand into new domains like agriculture tech. We envision a future where NSaaS sets the global standard for logistics solutions."




Edited by Greg Tavarez
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