Provision Labs acquires Basilisk Industries
Business · First reported 2 Nov, 09:11 · Updated 10:25
Anjali Sardana’s physical AI venture Provision Labs has acquired Mumbai-based hardware startup Basilisk Industries for an undisclosed sum. Provision had previously raised US$7 million in seed funding led by Cercano Management.
- Provision Labs, founded by Pronto founder Anjali Sardana, acquired hardware startup Basilisk Industries.
- Basilisk Industries is based in Mumbai; the acquisition price was not disclosed.
- Provision previously raised US$7 million in seed funding led by Cercano Management.
Summary written by Lux AI from 2 articles
Key facts
- Acquirer
- Provision Labs
- Acquired company
- Basilisk Industries
- Acquisition sum
- Undisclosed
- Prior seed funding
- US$7 million, led by Cercano Management
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