Startup Focuz Secures $2 Million Investment

Startup funding

A video conferencing platform named Fokuz has been developed by Kochi-based Skyislimit Technologies. Fokuz is an innovative, customisable and flexible video conferencing . It equips the businesses in enabling the remote working model without any hassle. Since March end, the pandemic has been pushing many companies to opt for the remote working model  and hence the demand for such a video conferencing platform has been on the rise.

The Skyislimit team developed Fokuz app within a short span of five months in response to the current situations.

It's worth noting that amid the economic crisis unleashed by the Covid-19 pandemic Focuz has been able to secure foreign investment from the US based company.

According to a statement issued by Skyislimit, an angel investment worth $2 (`14.69 crore) will be infused by a US-based healthcare and manufacturing company.

Manodh Mohan, the founder and CEO of Skyislimit Technologies Pvt Ltd  said, “As a startup company, I think it is a great achievement that we could secure foreign investment in the current scenario. I am a little proud of it.”

He further added, “Malayali entrepreneurs are far ahead in developing innovative concepts and solutions. However, they face challenges when they are about to secure the next stage of investment. This disappoints most entrepreneurs. In such a backdrop, this investment is a fillip to Fokuz. We have plans to utilise the to strengthen areas such as and development (R&D), support and business development. Through this, we will also create more job opportunities in the state.”

Being an Indian-origin video-conferencing app, Fokuz assures more privacy and secure experience for its users. It realises the importance of video conference services in the current times. Fokuz app is available on and iOS devices, and Windows and macOS computers as well.


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