Titan Company Ltd.

Titan Company has reportedly invested $3-5 million in wearable tech internet of things (IoT) startup CoveIoT. The deal would be the first such investment by a strategic investor in the IoT space. The funds are going to be deployed towards product development, as well as research, analytics and so on.

CoveIoT is the registered brand name of the startup KaHa which is registered in Singapore and also has offices in Bengaluru, Gene va and Shenzhen.

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.