Founded in 2019 by Gaurav Johri, Sharmila Saha, and Rajesh Kathirvelu, Doppelio works with clients from diverse industries such as automotive, industrial engineering, manufacturing and connected products.
“The response we are getting from large global enterprises validates that we are solving an important problem for these companies. As connected products proliferate in the coming years, we expect Doppelio to become a critical piece in the IoT ecosystem,” said Johri, CEO at Doppelio. “We are excited to have Mela and Axilor as investors and this funding will deepen our investments in the product and go-to-market.”
Research organisations have estimated that the number of IoT devices will exceed 40 billion by 2026, and the number of connected endpoints is expected to be even higher.
Due to this extensive scale, it is imperative that organisations guarantee their products function seamlessly, minimise product recalls, and, most importantly, prevent any negative consequences on users.
However, lab testing of IoT applications is time-consuming, expensive, and still insufficient. This increases the time to market and the risk of failure of connected solutions.
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“Doppelio have identified a relevant and complex global problem, and found a simple and impactful solution that can deliver value instantly. I am excited with the traction Doppelio is getting and confident they are on a path to becoming the category leaders in this space,” said Krishnakumar Natarajan, managing partner at Mela Ventures.Doppelio enables the testing of IoT applications without dependence on physical devices. Its device virtualisation, simulation and test automation capabilities enable clients to test comprehensively with speed and reduce their dependence on field trials, the company said in a statement.
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