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Page 1/3                      Ather Energy Private Limited 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 Stellapps Technologies Private Limited (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 LimitedDomains: 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 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)  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 LimitedFounders: SALONI MALHOTR (Director) & MANIVANNAN JK (CEO) 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 (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 LimitedWhat 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 Founder: DHINESH R KANAGARAJ (IITM alumnus, 2011)          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 (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 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 (2015 & 2016); 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 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 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 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 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 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. The 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, which makes them the pioneer in imparting skills. The products include KinderAngels for pre-schoolers, SkillAngels for kids up to 12th grade, BlessedAngels for children with special needs, Intelekt+ for corporates, Super Brain Challenge which is an International Olympiad platform and the ‘HOT’ Summer Champs as our summer camp. is an emerging player in the edutainment industry. Visit us online Funds raised: Ministry of MSME (GoI) Grant; Seed investment by RTBI, CIIE-IIMA & Village Capital, USA; Rs 2 crore angel investment Kamal Kisan (Simple Farms Private Limited) Founder: DEVI MURTHY What it offers? Funds raised: seed fund by RTBI; investment by FISE (Social Alpha) XYMA Analytics Private Limited Founders: Dr. NISHANTH RAJA, (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 LimitedWhat 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 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 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) | Uniphore Software Systems Private LimitedUniphore 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)(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 Founders: TANUJ JHUNJHUNWALA, VINEET UPADHAY, Prof PRABHU RAJAGOPAL & Prof KRISHNAN BALASUBRAMANIAN (IITM alumni, 2014 & Faculty members) What it offers? India’s first OEM for submersible robotics. Specialises in underwater robotic inspection services for maritime, infrastructure (dams, bridge river crossings) & energy sectors globally. Integrates advance marine robotics with next-gen inspection techniques & data analytics to provide an efficient, safe and reliable indigenous solutions for challenging underwater and immersed conditions. Current clients: PSUs & corporates in Maritime (Ports, Terminals, Shipping), Infrastructures (Dams & Bridges) & Energy (Oil & Gas, Power, Hydroelectric) sectors. Planys in 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(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 Hyperverge Fintech platform is powering 38 million customers per month. Visit us online Funds raised: $1M seed funding from venture firms NEA, Milliways Ventures & Naya Ventures (2015) Aibono Founder: VIVEK RAJKUMAR (IITM alumnus, 2011) What it offers? AIBONO is India’s first AI-powered Fresh Food Aggregator, pioneering the next big disruption with the Seed-to-Plate™ Platform:  a next dimension food & farming platform that unites two ends of the food chain from growing to consuming and creates an aggregate from seed-to-plate using the power of communities, artificial intelligence, and the internet. Visit us online Funds raised: Undisclosed amount in seed investment by StartupXseed Ventures LLP (backed by former Infosys board members V Balakrishnan and TV Mohandas Pai, Manipal Group scion Ranjan Pai and others); Ministry of MSME (GoI) Grant "ET Startup Awards 2017 - Best Social Enterprise" Agnikul Cosmos Private Limited Founders: SRINATH RAVICHANDRAN, MOIN SPM & RAJU K Domain: Space Tech; Aerospace  What it offers? Designing, building, testing and launching orbital class launch vehicles that can take up to 100 kgs to Low Earth Orbits. First product - a 3 stage vehicle that burns Kerosene in liquid oxygen. It has a clustered modular configuration where each stage is comprised of engines that can be almost completely additively manufactured. Visit us online Funds raised: Rs 3 crore angel investment by Speciale Incept Advisors (Feb 2019) Dhvani Research & Development Solution Private Limited 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 Founders: KALYAN VAIDYANATHAN & RAVI MUNDOLI (IITM alumni) 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 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 LimitedWhat 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) Swadha Energies Private Limited Founder: ANKIT PODDAR (IITM alumnus, MS) 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 Docswallet (Tharakan Web Innovations Private Limited)Founders: AVIRA THARAKAN & THOMAS THARAKAN  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 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(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  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 onlineConzumeX Industries Private Limited 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 Founders: AJAYRAJ RAMINENI, (IITM alumnus 2016 & Faculty members) What it offers? Solinas builds next-generation robotic technologies for detecting defects such as leaks, gas pockets, corrosion, sediments and dents in critical pipeline infrastructure. 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. Solinas serves the Oil and Gas, Petrochemical, Power plants, water, wastewater and process industries. Visit us online Funds raised: Angel investment (2018); seed fund by Engineers India Limited (EIL) under the Oil PSU's Startup Fund (Jan 2020) Debrique Creative Labs Private Limited (Modulus Housing Solutions) (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 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 LimitedOnline 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. |
