Funding Alert

Digital Transformation Company, Hakuna Matata raises $1 mn from Hardcastle.


Chennai-headquartered digital transformation services provider Hakuna Matata Solutions has announced raising $1 million from industrial oil and chemical company Hardcastle Petrofer.  Founded in 2011, Hakuna Matata is a leading digital transformation solutions provider for Manufacturing, Distribution & Logistics firms. They currently serve some of the world’s leading firms in the Manufacturing & Logistics industries.

The company plans on utilizing the funds to build the digital solutions & frameworks to meet the increasing market needs and scale further. Funds will also be utilized to improve their IIOT product offerings to tap the Industry 4.0 global market.

CEO of Hakuna Matata Solutions Mr Gengarajan PV said in a statement, “With the ever-increasing need for digitization & automation for Manufacturing enterprises, we are confident that our partnership with Hardcastle Petrofer will allow us to scale faster, owing to the synergistic skill sets of two firms that are passionate about the application of technology in manufacturing”

Hardcastle

Hardcastle Petrofer is an unparalleled combination of an Indian Company and a German Company both having served their respective Industries for over half a century. They have made pioneering efforts during their long market presence in the Indian Metal Processing Oils and Chemicals supplying to key Automotive and Engineering Industries.“Investing in Industry 4.0 & IIOT is a no-brainer for manufacturing companies as it allows for significant benefits and efficiencies. From our own experience of implementing Industry 4.0 solutions, we know that companies will find great value in adopting this technology sooner than later. Hakuna Matata have demonstrated their deep knowledge in the sector through technology solutions delivered to their customers. I believe, pooling the passion, experience and talents of our Digital Ecosystem Partners together, we will make a powerful combination”, said Mr Achal Jatia, Chairman, Hardcastle Petrofer Private Limited.

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