Onward Mobility Solutions, an India-based provider of security software to mobile phones, has raised R18 crore in its series A round from venture capital firm Indo US Venture Partners and corporate venturing unit Qualcomm Ventures.
The two investors now have 41.86% of Onward. Qualcomm Ventures has posted Karthee Madasamy , its managing director of Asia and India, on Onward’s board.
Law firm Khaitan & Co advised Qualcomm Ventures on Onward Mobility’s round.