Planck Secures $500K to Fuel Edge Data Centre Expansion in India

Planck, an innovative digital infrastructure startup focused on next-generation data centre solutions, has successfully raised $500K in its ongoing pre-Seed funding round, at a valuation of INR 30 crore. The round is led by Saarthee Actionable Insights, a US-based analytics firm, which will also bring strategic collaboration to accelerate Planck’s go-to-market and sales outreach efforts.

The funding will be used to expand its market outreach and set up its first fully sustainable modular edge data centres in India. Planck is a B2B startup specialising in monetising various Edge focused use cases and designs the infrastructure to suit the needs of the customer. Planck offers these data centres on BOOT, Lease, and Lease-to-own models to customers globally. These EDCs are capable of supporting cutting-edge AI & Analytics tools, designed to support data-sensitive industries such as Automation & Logistics, DR & Data Warehousing, Streaming, eSports and telecom.

Planck’s Make-in-India modular data centre range 'Quanta' is crafted to meet global standards and engineered with an emphasis on sustainability, making them a game changer for businesses focused on scalability and eco-friendly practices.

“We truly believe, Quanta will be able to help corporations reach their Net-Zero goals faster, despite our being in the energy guzzling industry. We are thrilled to have Saarthee on board in this journey,” says Shishir Miglani, Co-Founder and CEO of Planck. “This investment is not only a major vote of confidence in our vision but also a step toward transforming the analytics space. With Saarthee’s expertise and our innovative products, we are positioned to lead the next wave of data-driven decision-making.”

Saarthee Actionable Insights, one of the fastest-growing data science firms in the US, sees Planck’s unique approach to intelligent analytics as both timely and impactful. A representative from Saarthee commented, “We are excited to back Planck at this early stage. Their technology has the potential to redefine how industries handle data, and we look forward to supporting their growth journey. Now your data is as safe and fully under your control in a tier 3 compliant EDC.”

Planck is on track to disrupt the data centre ecosystem by delivering scalable, modular solutions that cater to the needs of industries requiring high-performance, secure, and eco-conscious infrastructure. Their flagship product, Quanta, will bring an army-grade standard of reliability to edge networks, setting a new benchmark for data storage, disaster recovery and live streaming solutions.