Nivriti Solutions Global has partnered with Florida-based PreIPO.com to initiate a $25 million Series B offering. India-based Nivriti Solutions offers its NSaaS fleet management platform that features GPS tracking, object warning, weapons tracking, drone mapping and monitoring, the company said.
The company said it caters to such industries as cold chain logistics, livestock transportation, pharmaceutical logistics and fast-moving consumer goods. Its vehicle monitoring capabilities include integration with Google Maps to provide visibility of vehicles, routes and schedules.
The company, founded in 2016, said the new capital will allow it to increase and enhance services. It will also allow it to go into such new markets as drone tech and agriculture technology, the company said.