315  DEEP  TECHNOLOGY  STARTUPS  INCUBATED  @ IITM    
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IITMIC Newsletter: Jun'21 | Apr'21 | Feb'21 | Dec'20 | Oct'20 | Aug'20 | June'20 | Jan-Feb'20 | Dec'19 | Oct-Nov'19 | Aug-Sept'19 | June-July'19 | Apr-May'19


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Ather Energy Private Limited

https://www.atherenergy.com/
Founders: TARUN MEHTA & SWAPNIL JAIN
(IITM alumni)
What it offers?
Manufactures India’s first smart electric scooter (Ather 450). Also establishing electric vehicle charging infrastructure Ather Grid. Visit us online 
Funds raised: $51M investment led by Sachin Bansal (May 2019); $30.5M investment by Hero MotorCorp (Oct 2016); $12M Series A by Tiger Global (2015); $1M seed series by Flipkart Founders (2014) & angel funding by Raju Venkatraman (CEO, Medall) & V Srinivas (founder, Aerospike).
In-house R&D Certified by DSIR
"ET Startup Awards 2016 - Best on Campus"

Stellapps Technologies Private Limited

http://www.stellapps.com/
Founders: RANJITH MUKUNDAN, RAVISHANKAR SHIROOR, PRAVEEN NALE
(IITM alumni)
Domains: IoT, Agriculture (Dairy)
What it offers?
India’s first & largest dairy IoT company -  focuses on automation, data acquisition, ML. They serve dairy farms, cooperatives, private dairies by optimizing entire dairy supply chain, including milk production, procurement, cold chain logistics, animal insurance, farmer payments and improve dairy farmer income. Stellapps is in France! Visit us online
Funds raised: Series B led by IndusAge Partners, Bill & Melinda Gates Foundation, Qualcomm Ventures, & ABB Technology Ventures (Apr 2018); Series A investment by Blume Ventures, Venture Highway, Binny Bansal, Omnivore Capital, BEENEXT & 500 Startups (2017); seed investment by IITM's RTBI and Omnivore (2013)

Cygni Energy Private Limited

Domains: Renewables, energy efficient Equipments, Solar-DC, Energy Management
What it offers? 
Cygni provides various Solar-DC and DC micro-grid solutions. Innovations: reduces power conversion & losses upto 50% in comparison to typical Solar AC system; Eliminates the risk of electric shock & fire accidents as this falls under Low Voltage DC (LVDC) standard; Integrates AC grid, Solar DC and Battery back-up seamlessly for Uninterrupted Power Back-up. Cygni recently completed 4000 solar DC off-grid installation in Rajasthan and building pioneering DC Microgrid city in Bihar (Sasaram). Visit us online
Funds raised: 
$6.5M raised in debt and equity (Aug 2018); 
Rs 10crore seed series investment (2017)
In-house R&D Certified by DSIR

Detect Technologies Private Limited

http://www.detecttechnologies.com/
Founders: DANIEL R DAVID, TARUN MISHRA, Prof KRISHNAN BALASUBRAMANIAN, HARIKRISHNAN AS, KARTHIK R
(IITM alumni & Faculty)
What it offers? 
A holistic solution to the inspection needs of energy sector focusing mainly on the pipeline integrity management. DeTect offers two products:
GUMPS: A sensor to monitor pipeline thickness change in real time with the help of machine learning algorithms and operates at temperatures of up to 300 degree Celsius.
NOCTUA: An industrial drone, tailor-made for process industry inspections, conducts automated visual and thermal inspection of industrial infrastructures and significantly reduces maintenance & inspection efforts including scaffoldings, etc.. Visit us online
Funds raised: $ 3.3M in Series A from SAIF Partners, Bharat Innovation Fund, Axilor Ventures, BlueHill Capital & Keiretsu Forum (Nov 2018); Seed funding by IITMIC; seed investment by Keiretsu Forum, Chennai Chapter, CIIE (IIM-A) & Axilor Ventures (July 2017)
"ET Startup Awards 2017 - Best on Campus"

InnoNano Research Private Limited

Founder: Prof. T Pradeep
(IITM Faculty)
Domain: water treatment, nanotechnology
What it offers?
Nanomaterial based water purification technology, which has been widely deployed in India. Product: AMRIT - arsenic and metal decontamination of water undergoing installation in the arsenic- and iron-affected regions of the Murshidabad District, West Bengal, and currently serving 1,00,000+ people.
Funds raised: $ 18M (Rs 120 crore) investment by NanoHoldings LLC (May 2016) - company acquired to form Safewater Nano Pte Ltd

Desicrew Solutions Private Limited

http://desicrew.in/
Founders: SALONI MALHOTR (Director) & MANIVANNAN JK (CEO)
What it offers?
Driving Digital Operations fuelled by human intelligence and amplified through Artificial Intelligence. DesiCrew combines the hard infrastructure (physical network, hardware +) and soft infrastructure (processes, technology, domain expertise +) at the back-end and delivers a tangible, seamless experience for the customers. They ensure delivery anywhere by plugging in the trained and certified workforce, but in a controlled SLA- driven delivery environment. Visit us online

Air OK Technologies Private Limited

http://airoktech.com/
Founders: V DEEKSHITH, Y PAVAN REDDY & V SRAVAN KRISHNA
(IITM Alumni - 2014, 2015)
What it offers?
Develops indoor smart air purifier. Provides cost-effective and efficient technological solutions for air quality management issues in industries, urban built environment and waste management sites. Development of decision support systems for air quality management at industries/urban/local areas. Visit us online
Funds raised: Rs 12 crore in Series A from SAR Group (Nov'17)

Maximl Labs Private Limited

https://maximl.com/
Founders: SAMIR OTIV & PANKAJ PAWAN 
(IITM alumni)
What it offers?
Offers a Smart project management platform for Industry 4.0. New age collaboration platform for the industries of tomorrow. Communicate in real-time, improve workforce productivity and rapidly digitalize every on-field workflow. Product – SyncOps™ - provides real-time actionable data directly from the field, thereby improving productivity and facilitating better decision making. Visit us online
Funds raised: Seed Series from NEXUS Venture Partners & Axilor Ventures (2018); Grant from BPCL Startup Fund (2018)

Fabheads Automation Private Limited

https://www.fabheads.in/
Founder: DHINESH R KANAGARAJ
(IITM alumnus)
            
Domain: Composite part Manufacturing
What it offers? 
Manufactures Composite Parts. Fabheads’ state-of-the-art 3D printers print continuous fiber reinforced parts, giving way to a new age of design and fabrication possibilities. Fabheads’ in-house developed FibrBot series of 3D printers are essentially miniaturised 3-Axis Fiber Placement machines in several ways, adding traditional 3D printing advantages. The company operates with a special focus on fabrication of carbon-fiber products from Aerospace, Automobiles, Biomedical, Wind, Sports, etc. Visit us online
Funds raised: Rs 2.4 crore angel investment by Keiretsu Forum - Chennai & Mumbai Chapters (July 2018)

ZASTI India Private Limited

http://www.zasti.ai/
Founders: KRISH R KRISHNAN, RAMANATHAN SRINIVASAN & Prof S Mohanasankar
(Externals & IITM Faculty)
Industry: Healthcare, Aviation and Insurance
What it offers? 
ZASTI© is an Artificial Intelligence (AI) technology platform that helps companies and their clients by predicting risks & improving business efficiency. This enables us to deliver tangible cost savings to our customers and their clients. The technology platform is built using proprietary Deep Learning algorithms to provide predictive and diagnostic solutions. ZASTI analyses existing data, identifies anomalies and recurring usage patterns, and then delivers highly accurate predictions and diagnoses through specific vertical sector applications. Visit us online | LinkedIn | Facebook
Funds raised: Angel funding 

FIBSOL Life Technologies Private Limited

http://fibsol.com/
Founders: Dr KAVITHA and Dr ANANT RAHEJA
(IITM alumni)
Domain: Nanotechnology & Biotech
What it offers? 
Innovative nanofiber substrates for superior agro-inputs; advanced ceramics; sensors & catalysts; clean energy & filters. Visit us online
Funds raised: Seed investment by IITMIC; Grant, MM Muthiah Foundation (2015); SIBRI, Dept of Biotechnology (GoI) Grant (2015); Ministry of MSME (GoI) Grant (Dec'15); Rs 1.5 crore angel Investment by Keiretsu Forum, Chennai Chapter (May'18)

NeoMotion Assistive Solutions Private Limited

http://www.neomotion.co.in/
Founders: SWOSTIK S DASH & Prof SUJATHA SRINIVASAN
(IITM alumni 2013, 2014 & Faculty member)
Domain: Assistive Devices, Healthcare
What it offers? 
NeoMotion makes innovative Assistive Devices to create an impact in the lives of people with disability and the elderly. Company is manufacturing high performance, designer, affordable & modular Wheelchairs. 
The initial products of the company are (a) NeoBolt: a clip-on device to wheelchair to enable the user to go outdoors independently and (b) NeoFlame: a wheelchair which is customizable to its user and rugged for outdoor use. Visit us online
Funds raised: Seed funding by IITMIC (2017)

Esmito Solutions Private Limited

http://esmito.co.in/
Founders: Dr PRABHJOT KAUR, AKHILA V & SREEHARI NAGARAJAN

Domain: SAAS, Cloud/Analytics, Electric Vehicle, Battery management
What it offers?
One stop integrated SAAS solution for Smart Management of Electric Vehicle infrastructure: Public Charging, Battery Swapping & EV Fleet Management.  Visit us online

Pi Beam Labs Private LImited

https://pibeamlabs.com/
Founders: VISAKH SASIKUMAR 
(IITM MS student)
What it offers?
Manufactures variants of solar electric manual trikes to move goods & passengers for private and public workspace applications. Visit us online. 
Funds raised: ₹ 5crore seed series by GAIL India (Dec 2019); ₹ 1.64 crore angel investment by Keiretsu Forum, Chennai & Singapore Chapters (Dec 2016); Seed funding by IITMIC & RTBI; Ministry of MSME (GoI) Grant (2015)

Edutor Technologies India Private Limited

http://www.ignitorlearning.com/
Founder: RAM GOLLAMUDI
What it offers?
Personalized interactive learning platform - IGNITOR: delivers 'next generation Digital Textbooks' from multiple publishers embedded with rich media, interactive quizzes and weblinks. Market-leaders in the Digital Leaning Space within the Indian sub-continent and now expanding globally with active student deployments in the Middle East & South Africa and strategic engagements with large customers in USA and UK. Visit us online 

Edsix Brain Lab Private Limited

http://skillangels.com/
Founder: SARAVANAN SUNDARAMOORTHY
Domain: EdTech, E-learning
What it offers? 
Edsix is an EdTech company that is revolutionizing the 'Way we Learn' with Higher Order Thinking Skills. Products are a wide range of engaging puzzle based games that enhance critical thinking skills. With the vision of 'no child left behind', the product also addresses children with Special needs. They incorporate gen-next technology that includes Artificial Intelligence and Augmented Reality. Products: KinderAngels for pre-schoolers, SkillAngels for kids up to 12th grade, BlessedAngels for children with special needs, Intelekt+ for corporates, Super Brain Challenge (an International Olympiad platform). Visit us online 
Funds raised: Seed investment by RTBI, CIIE-IIMA & Village Capital, USA; Rs 2 crore angel investment 

Kamal Kisan (Simple Farms Private Limited)

http://kamalkisan.com/
Founder: DEVI MURTHY
What it offers? 
Develops cost-effective, smart mechanization solutions (agricultural equipment) for India’s small and marginal farmers, to reduce labor dependence and increase profitability. Products: Vegetable & Sugarcane Plantars, Mulch Layer.  Visit us online 
Funds raised: seed fund by RTBI; investment by FISE (Social Alpha)

XYMA Analytics Private Limited

https://www.xyma.in/
Founders: Dr. NISHANTH RAJA,
 Prof KRISHNAN BALASUBRAMANIAN & Prof PRABHU RAJAGOPAL
(IITM Post Doctoral fellow & Faculty)
Domain: Industrial IoT
What it offers? 
Provide novel sensor technology-based platforms for Industrial IOT and
provide plant-wide distributed & concurrent sensing solutions for data-driven decision making. Current focus: integrating Distributed Waveguide Ultrasonic Sensors with Process Models and Data Analytics in a common global platform. Visit us online

Invention Labs Engineering Products Private Limited


http://inventionlabs.in
Founder: AJIT NARAYANAN 
(IITM alumnus)
What it offers?
Makes products for persons with communication disorders. First product - Avaz - helps persons with cerebral palsy to communicate in an independent manner. Current product: FreeSpeech a revolutionary grammar prediction engine which allows users to build sentences & learn languages; helps autistic kids communicate complicated sentences. Markets: US, Denmark and India  Link
Investments: $1M in Series A investment (2016); $0.5M from Inventus Capital & Mumbai Angels and other angels like Google India MD, Rajan Anandan and Sierra Atlantic founder, Raju Reddy (2014) 

Vayujal Technologies Private Limited

http://www.vayujal.com/
Founder: Prof. THALAPPIL PRADEEP, RAMESH KUMAR & ANKIT NAGAR
(IITM Faculty & Project staff; SRM Univ & IITK alum) 
Domain: (drinking) Water treatment
What it offers?
VayuJal develops atmospheric water generators (AWGs), which captures moisture available in the air. Atmospheric air has approximate 1.3*10^16 litre of water at any given point of time. These AWG units provide affordable, clean & healthy water for everyone facing water scarcity for daily livelihood. The company's patented surface engineering technology & unit design increases water collecting efficiency of AWG units and provides water at a cost 20 times lesser than the current bottled water costs. Visit us online
Funds raised: Seed fund by Engineers India Limited (EIL) under the Oil PSU's Startup Fund scheme (May 2018 -20)

Flowtrik Technologies Private Limited

http://flowtrik.com/
Founders: DR. PRABHJOT KAUR (CEO, CBEEV), PROF. ASHOK JHUNJHUNWALA  & ANITHA JAGADEESAN
(Externals & IITM Faculty)
Domain: Electric Vehicles, Manufacturing
What it offers? 
Flowtrik designs and manufactures Chargers for Advanced Batteries (like Li-ion, Advanced Lead Acid, other alternate batteries) especially used in Electric Vehicles. It offers solutions for Public Charging and Battery Swapping Infrastructure through innovative, reliable and futuristic technology. Visit us online
Funds raised: Seed funding by IITMIC (2019)

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Uniphore Software Systems Private Limited

Founders: UMESH SACHDEV & RAVI SARAOGI 
What it offers?
Uniphore is a global Conversational (voice) AI company. Uniphore provides AI-enabled Conversational Analytics, Conversational Assistant and Conversational Security. The company has dual headquarters: Palo Alto, CA & Chennai, India, along with offices in Singapore, Tokyo & Bangalore. Visit us online 
Investments: $ 51M in Series C funding led by March Capital Partners, with participation from Chiratae Ventures (formerly IDG Ventures), Sistema Asia, CXO Fund, ITP, Iron Pillar, Patni Family, and other investors (Aug 2019); Series B investment by Cisco Chief John Chambers & existing investors - IDG Ventures, Indian Angels Network, YourNest (Dec 2017); Series A by Senapathy ‘Kris’ Gopalakrishnan & others                                       

DocsApp (Phasorz Technologies Private Limited)

http://www.docsapp.in
 Founders: 
SATISH KANNAN & ENBASEKAR D
(IITM alumni, 2012)
What it offers? 
DocsApp is India's #1 Doctor Consultation App, with over 10 million users across India, 3000+ MD specialist Doctors. Patients can also get lab tests and medicines delivered at home seamlessly through the app after the doctor consultation. Visit us online
Funds raised: $5.5M (Rs 36 crore) in Series A by Bessemer Ventures Partner (Oct 2017); $1.2M from Facebook's early investors Anand Rajaraman and Venky Harinarayan & Japanese VC firm Rebright Partners (2016); Seed Funding of $200K from Milliways Ventures & Krishnan Ganesh (2015); Angel investment by GSF India,

Planys Technologies Private Limited

http://www.planystech.com/
Founders: TANUJ JHUNJHUNWALA, VINEET UPADHAY, Prof PRABHU RAJAGOPAL & Prof KRISHNAN BALASUBRAMANIAN
(IITM alumni & Faculty members)
What it offers? 
Planys is an Indian deep tech startup creating a paradigm shift for smart underwater inspection across the world.  Planys is steering a new course in the maintenance and inspection industry with its disruptive innovations in the field of marine robotics, novel underwater non-destructive testing (NDT) methods and AI enabled post-inspection analytical digital reporting dashboard. Planys’ technology solutions help asset owners or managers take a data-driven decision for efficient planning of maintenance and repair. Current clients: PSUs & corporates in Maritime (Ports, Terminals, Shipping), Infrastructures (Dams & Bridges) & Energy (Oil & Gas, Power, Hydroelectric) sectors. Planys also operates in Singapore, Netherlands and Middle East. Visit us online 
Funds raised: ₹14 crore ($2.1 M) in Series A from ONGC, Ranjan Pai's MEMG Family Office, Kris Gopalakrishnan's Pratithi Trust and HNIs (Feb 2018); ₹1.5 crore grant-in-aid from BPCL under the Oil PSU's Startup scheme 'Project Ankur' (Nov 2017); $260k angel investment by Keiretsu Forum, Chennai & Singapore Chapters and Ministry of MSME (GoI) Grant (Dec'15) 

Hyperverge Inc

http://hyperverge.co/
Founders: KEDAR KULKARNI, KISHORE NATARAJAN & VIGNESH KRISHNAKUMAR
(IITM alumni, 2012, 2014 & 2015)
Domain: Artificial Intelligence, ML 
What it offers?
HyperVerge is a Silicon Valley based Artificial Intelligence (AI) company. Deep learning networks built by Hyperverge are powering applications for large enterprise clients in Financial Services, Telecom, Energy, Security and Defence. Their AI models for real time image and video analysis lead the market on accuracy (99.5%) and recall (99.3%) values, and are optimized for deployments in low bandwidth environments. Visit us online
Funds raised: $1M seed funding from venture firms NEA, Milliways Ventures & Naya Ventures (2015)

Aibono Smart Farming Private Limited

http://www.aibono.com/
Founder: VIVEK RAJKUMAR 
(IITM alumnus, 2011)
What it offers? 
AIBONO is India’s first AI-powered Fresh Food Aggregator, pioneering the Seed-to-Plate™ Platform, a next big disruption with generation disruption that synchronizes Real-time Production with Real-time Consumption of super perishable Fruits & Vegetables by using Predictive Analytics, Precision Farming, and Just-In-Time harvests. Powered by 4.0, the seed-to-plate™ continuum delivers 2X yields, guaranteed income & superior control on output to small farmers while ensuring super fresh, super reliable and super traceable produce to retailers & end consumers. Visit us online
Funds raised: $2.5M pre-series A led by impact fund Menterra Venture Advisors, & participation by Silicon Valley-based Milliways Venture, Zurich-based Artha Ventures, Japanese fund Rebright Partners and Mohandas Pai-backed 3one4 capital (2019)  
"Economic Times Startup Awards 2017 - Best Social Enterprise"

Agnikul Cosmos Private Limited

www.agnikul.in
Founders: SRINATH RAVICHANDRAN, MOIN SPM & RAJU K
Domain: Space Tech; Aerospace
What it offers? 
Developing satellite launch vehicles for a payload capacity of up to 100 kgs to Low Earth Orbits. The launch vehicle is configurable, rocket engine being 3D printed in a single piece and can support a payload range of 30-100 Kg without impacting the commercial aspects of the missions. Visit us online
Funds raised: ₹ 23.4 crore ($3.1M) pre-series A investment led by Pi Ventures with participation from Hari Kumar (LionRock Capital), Artha Ventures, LetsVenture, Globevestor, CIIE & Speciale Invest (Mar 2020); ₹3 crore angel investment by Speciale Incept Advisors (Feb 2019)
"Economic Times Startup Awards 2020 - Top Innovator"

Dhvani Research & Development Solution Private Limited

http://dhvani-research.com/
Co-founder: Prof KRISHNAN BALASUBRAMANIAM
(IITM faculty)
What it offers?
A spin-off from the Centre for Non-destructive Evaluation (CNDE) at IITM, this technology company was formed in 2008 for transferring academic research of CNDE at IITM into products for the industry. The company provides a concept to field experience to customers through innovation in technologies related to non-destructive testing, manufacturing diagnostics, materials characterization, structural health monitoring, simulation and visualization tools, and training. Visit us online
Revenue:  >5cr in FY16

Nadhi Information Technologies Private Limited

http://www.nadhi.in/
Founders: KALYAN VAIDYANATHAN & RAVI MUNDOLI
(IITM alumni)
What it offers?
Nadhi is an enterprise software and solutions company developing analytics and decision support solutions for construction supply chains. Their flagship product nPulse is a cloud based online onsite project monitoring, scheduling and control tool. Visit us online 
Cementing the gap in construction management - Business Line Feature

QuNu Labs Private Limited

https://qnulabs.com/
Founders: MARK MATHIAS, Prof ANIL PRABHAKAR & Dr PRAVIN KINI, SRINIVASA RAO ALURI
(IITM alumnus, Faculty & externals)
Domain: Quantum Cryptography 
What it offers? 
QNu Labs is a data security company that specializes in making quantum-safe products and solutions in order to accelerate the world's transition to quantum safe encryption. QNu Labs is a quantum cryptography products and solutions company, aimed at ensuring business resilience to enterprises by making them crypto-agile. Visit us online 
Funds raised: Angel investments (2019, 2018)

Skillveri Training Solutions Private Limited

http://skillveri.com/
Founders: SABARINATH C & L KANNAN
(IITM alumnus)
What it offers?
Skillveri is the pioneer in eXtended Reality (XR) based Multi-Skill Simulation Platform for Welding & Spray Painting, with more skills being added to the platform this year. Skillveri is now in UK, Germany & Spain! Visit us online
Funds raised: ₹ 8 crore in Series A from Michael and Susan Dell Foundation (MSDF) and Ankur Capital (Jan 2017); angel investment by Ankur Capital (2015)

ZedBee Technologies Private Limited

Founder: ANKIT PODDAR
(IITM alumnus)
Domain: IoT, energy efficient HVAC systems
What it offers?
IoT enabled Motor Control Unit with sensors & cloud interface providing varying HVAC capacity. Swadha has designed and developed mechanical systems and electronics that help cut electricity consumption in the AC systems, using advanced power electronics integrated with the building management system: ‘Green Building Cooling System’ comprising Variable air Volume Box, Variable Frequency Drive and sensor network integrated with Building Management System. Visit us online 
Funds raised: Angel investment by Indian Angel Network & Keiretsu Forum (Apr 2019)            

Docswallet (Tharakan Web Innovations Private Limited)

Founders: AVIRA THARAKAN & THOMAS THARAKAN
https://www.docswallet.com/
What it offers?
Docswallet - a Blockchain Digital Locker Services platform for online storage, verification & sharing of paper based documents, linking document owners, document issuers and document seeking entities into a single portal. A large number of universities & other organisations in India have already adopted Docswallet. Adobe has partnered with Docswallet Digital Locker Services for providing end-to-end document solutions to its clients. 
Funds raised: INR 6 crore Series A investment

GyanData Private Limited

http://www.gyandata.com/
Founders: Prof SHANKAR NARASIMHAN, Prof RAGHUNATHAN RENGASWAMY
(IITM Faculty) 
CEO: LAKSHMI VAIDEESWARAN
Domain: Artificial Intelligence
What it offers?  
Gyan Data is a specialized Data Science company that delivers customized and niche solutions to meet client needs. Provide data driven solutions across a multitude of sectors such as finance, retail, transportation, process industries & defence. Solutions offered: Fault Diagnosis & Predictive Maintenance, financial analytics, IOT, Industry 4.0 and Smart Factory, etc. Visit us online  

Intellizon Energy Private Limited

http://www.intelizon.com/
Founder: KUSHANT UPPAL
(IITM alumnus) 
What it offers?
Creating tech products for indoor and outdoor lighting using lithium ion battery combined with LED and solar. Intelizon is a pioneer in the design of inbuilt Lithium Ion battery based solar street lights solutions which are much more reliable than the conventional lead acid based streetlights & provides a wireless lighting solution. Have also launched 48V solar DC lighting solutions for indoor residential and commercial segments. Visit us online

innoDI Water Technologies Private Limited

https://www.innodi.in/
Founders: VIJAY SAMPATH, Prof. T PRADEEP and TULLIO SERVIDA
(IITM faculty, Idropan Dell'Orto & AquaSphere Greentech Solutions)
Domain: Water Treatment (ground & surface water)
What it offers?
InnoDI has introduced a new water treatment system based on Capacitive De-ionization (CDI) technology in the market that is ideally suited for Drinking water applications. This innovative technology is used to desalinate water without using resin or membrane filters. It does not require chemicals to treat water and uses very low power to separate salts in water. 
Visit us online

ConzumeX Industries Private Limited

http://www.musewearables.com/
Founders: SAI PRASANTH, AJAY YATHINDRA, KARTHIK REDDY. 
(IITM alumni 2013 & 2015)
What it offers?
Is a tech startup that designs, develops and sells consumer electronics & online mobile services, and aims to change the way people use the internet and wearables. Visit us online. Media feature - TOI, The Hindu, Entrackr, ET
Muse: An Analog Smart Watch with Chatbot Technology Dedicated App and gamification based mobile software platform. Muse comes with ‘SMART’ features like Fitness tracking, Automatic time updates, UV rays alert, Smart notifications, NFC payments and One Year Battery Life. The product will be available for crowdfunding on Kickstarter.
Funds raised: Seed funding by IITMIC (2017); Rs 2.8 crore angel investment by Keiretsu Forum, Chennai Chapter,(led by 'Baahubali' Director S.S. Rajamouli and Producer Shobu Yarlagadda), & HNIs (Dec 2017)

Grinntech Motors & Services Private Limited

Founder: PUNEET JAIN
Domain: Energy Storage 
What it offers?
Grinntech aims to enable scaling up of electric vehicles by making them technically and economically feasible. Battery packs constitute major part of an electric vehicle. Grinntech aims to bring that down by introducing new innovative business model and technology products which are build considering price sensitivity & engineering needs of Indian market. Grinntech is building battery management systems for lithium battery packs & doing electro-mechanical packaging of lithium battery packs. Visit us online 
Funds raised: Seed funding by RTBI (2018)

Solinas Integrity Private Limited

www.solinas.in
Founders: Prof PRABHU RAJAGOPAL & Prof KRISHNAN BALASUBRAMANIAN
(IITM Faculty)
What it offers? 
Solinas builds next-generation robotic technologies for internal condition assessment and detecting defects such as leaks, gas pockets, corrosion, sediments and dents in critical pipeline infrastructure, using NDT techniques. Their products characterize and pinpoint the location of defects in pipelines so that plant integrity managers can take preventive maintenance actions, thus increasing efficiency, making the high-pressure pipelines safer and ensuring uninterrupted operations. They also offer digitalization of the entire pipeline network for remote monitoring and prognostics using AI/ML algorithms. 
Solinas serves the Oil and Gas, Petrochemical, power plants, water, Sanitation (sewerage and septage) industries. Visit us online 
Funds raised: Angel investment (2018); seed fund by Engineers India Limited & IOCL under the Oil PSU's Startup Fund (2019-20)

Debrique Creative Labs Private Limited (Modulus Housing Solutions)

http://www.modulushousing.com/
Founders: SHREE RAM RAVICHANDRAN & GOBINATH P
(IITM Alumni, 2018)
Domain: New age construction
What it offers?
Modular foldable houses to reduce mobilization cost & time for Temporary Infrastructures in Construction Industry & oil refineries. "Unbox your space; anywhere, anytime". Visit us online
Funds raised: seed funding by IITMIC

Ubifly Technologies Private Limited

 http://www.eplane.ai/
Founder: PRANJAL MEHTA & Prof. SR CHAKRAVARTHY
(IITM alumnus & Faculty)
Domain: Autonomous Aerial Mobility, Aerospace, Delivery & Logistics
What it offers? 
Building new hybrid (fixed wing + rotors) aerial vehicles for transforming urban transportation by moving goods and people by air. First Product - "Ek Hanz", an electric autonomous hybrid aerial vehicle with 100 km range carrying a payload of 2 kg (40 km with 6 kg) with vertical take-off capabilities. Visit us online

GUVI Geek Network Technologies Private Limited

Domain: Training; skill development
What it offers?
Online skill acceleration & activity based recruitment platform. It is an integrated Edu-Tech Platform for learning: Technical video courses, Technology Skills like Python, Machine Learning and Java in vernacular languages such as Tamil, Telugu, Kannada, Hindi and Bengali, among others. Visit us online
Funds raised: Angel Investment (Feb 2019); seed funding by RTBI & IITMIC (2016-18); Ministry of MSME (GoI) Grant.


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