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Hive Technology Trust Scheme 1 invests in Altizon Systems Private Limited

Hive Technology Trust Scheme 1 invests in Altizon Systems Private Limited

Nishith Desai Associates, acted as the legal counsel to Hive; Hive Technologies Trust Scheme 1, a scheme of the Hive Technologies Trust, (“Hive”) an initiative of Mr.ArihantPatni, has invested in Altizon Systems Private Limited (“Altizon”), a company engaged in building sensor data appliances and applications for the Industrial Internet. Infuse Capital (a scheme under I3E Trust) and Persistent Systems Limited have also coinvested alongside Hive, into Altizon.

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