Mushin Innovative Labs, a SaaS startup revolutionizing the automotive manufacturing sector, has raised $250,000 in a seed funding round led by Inflection Point Ventures (IPV).
The funds will be utilized to boost sales and marketing efforts, enhance research and development, and drive product innovation to scale their offerings, the company announced.
Established in 2019 by Rachit Srivastava and Aman Batra, Mushin Innovative Labs specializes in delivering advanced digital solutions to the automotive manufacturing industry. The startup’s flagship platform, Mushin AQUA, empowers Tier I and Tier II manufacturers to optimize compliance processes and improve quality management. By adopting Mushin AQUA, businesses have reportedly achieved operational efficiencies and cost savings of up to 85%.
Based in Delhi, Mushin Innovative Labs provides highly customizable solutions to meet stringent compliance standards, including IATF, VDA, and ISO. The platform integrates AI/ML features for predictive analytics, paperless operations, and improved productivity, positioning the company as a leader in the space with no direct local competitors.
The company operates both domestically and internationally, serving Tier 1 and Tier 2 manufacturers with cutting-edge compliance and quality management tools. It has successfully partnered with 15 prominent automotive brands and onboarded 70 factories in just two years. Global OEMs like Volkswagen, Skoda, Volvo, JCB, and Aston Martin have shown keen interest in its innovative solutions.
By leveraging its robust platform and expanding its global footprint, Mushin Innovative Labs aims to spearhead digital transformation in the automotive sector, fostering sustainable growth and innovation for its clients.