Kochi-headquartered smart-lock and IoT security solutions company Ikin Global has secured $2 million in a Pre-Series A2 funding round led by Unicorn India Ventures, Callapina Capital and AWE Funds.

The latest investment follows the company’s earlier $1 million Pre-Series A raise in 2024 and underscores growing investor confidence in industrial IoT and supply-chain security solutions.

The company in a press release said that the fresh capital will be deployed for expanding into international markets, including the United States, Europe and West Asia, accelerating development of new products and a comprehensive security platform for the oil and gas sector, strengthening teams and scaling operations, increasing manufacturing capacity in India and enhancing field support for global deployments.

Founded in 2012 by Nibu Alias, Ikin Global operates in the B2B smart-security space, focusing on protecting cargo and assets across supply-chain and logistics networks. The company’s portfolio includes tamper-proof smart locks and intelligent bolt seals that provide real-time intrusion alerts, geo-fencing capabilities, mobile-based access control and end-to-end audit trails.

Its solutions are designed to address persistent challenges in logistics and warehousing, including cargo theft, unauthorized access and compliance monitoring, offering a digital alternative to conventional locks and disposable plastic seals. The new funding is expected to help the company strengthen its position in the rapidly growing industrial security and connected logistics market.

Published on June 24, 2026