Velmenni Raises ₹30 Crore To Expand Light-Based Wireless Connectivity

The funding round marks a significant milestone for Velmenni, which has been working on Li-Fi-an advanced communication technology that uses light waves instead of radio frequencies. With this capital infusion, the company aims to position India at the forefront of next-generation connectivity solutions.  

Funding Details  
Velmenni raised ₹30 crore from a mix of institutional investors and strategic partners. The funds will be directed toward research, product innovation, and expanding commercial applications of Li-Fi across enterprise, industrial, and smart city projects.  

Technology Impact  
Li-Fi offers faster speeds, enhanced security, and reduced interference compared to traditional Wi-Fi. Velmenni’s solutions are expected to revolutionize data communication in sectors such as defense, healthcare, aviation, and manufacturing, where secure and high-speed connectivity is critical.  

Future Outlook  
Industry experts believe Velmenni’s expansion could accelerate adoption of Li-Fi globally, positioning India as a hub for advanced wireless technologies.  

Key Highlights  

• Velmenni raises ₹30 crore funding  
• Focus on scaling Li-Fi technology  
• Funds to boost R&D and product innovation  
• Applications across defense, healthcare, aviation, manufacturing  
• India positioned as leader in next-gen connectivity  

Sources: Economic Times, Mint, Business Standard, TechCrunch