Deep-tech startup Planck bags pre-seed funding

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Planck, a deep-tech startup building intelligent tools for next-generation analytics, has raised an undisclosed amount of investment in a pre-seed funding round at a valuation of $500K from Saarthee Actionable Insights, a US-based analytical firm. The fresh fund will be utilized to accelerate go-to-market activities, Planck said in a press release. Co-founded by Shishir Miglani, Nasser Bostan, and Imran Hussain, Planck is a sustainable edge data centre company set up with an aim to build the digital backbone of the country to impact human lives. It intends to deliver large-scale projects, improvise used cases, and build Make-in-India modular and scalable EDCs for the world. With unique solutions for data storage, OTT and Live Streaming, e-sports, and On-Prem private cloud setup, Planck offers innovative data center solutions for corporate, data centres, financial institutions, media groups, healthcare, automation, and Telco and ISP industry. Planck focuses on bringing global standard and army-grade product to edge network and provide a self-controlled modular data center for data sensitive, computer-intensive and streaming organisations. With Saarthee and other AI and superior data management solutions, it claims that its product range Quanta creates impact in the market.