IoT startup with a RF-mesh communication stack for use in smart meters (for use across water, gas and electricity utilities) and smart-city projects (for example, street lighting). An RF-mesh communication stack is the architecture that enables wireless communication between multiple devices on a local area network using radio frequency signals. RF-mesh systems have lower downtime and maintenance costs versus telecom-based systems. The Indian government has a Smart Meter National Programme in place to replace 250M conventional meters with smart meters. $2M seed round. Founders: Amarjeet was the Founder & CEO of Shrama Technologies (consulting firm for IoT rollouts); Vikas was with Secure Meters for close to twenty years (large scale Indian manufacturer of metering systems). Founded in Apr 2022.

Manufacturing company for AI-enabled IOT devices. The company is a one-stop shop Original Design Manufacturer (ODM) for startups, SMEs and enterprises developing Ai powered products - meaning that it designs, prototypes as well as manages the production process. It has delivered 1M smart IoT devices so far and has an $81M order book. This is a $4M seed round from two companies that seem to have incubated Rapidise - Napino Tech Ventures (an electronics manufacturer) and Teksun Microsys (which itself is an IoT and AI product development firm). Founder Brijesh (BITs Pilani, IIM Ahmedabad) founded Teksun 10 years ago.

Provider of IoT devices and AI-based predictive maintenance. Predict and prevents equipment failures, saving manufacturers up to $6K per machine annually. Clients across industries: Adani, Abbott Healthcare, BPCL. ₹5.6CR seed round. Part of the YourNest-SanchiConnect Velocity Program 2024.

Helps companies track, analyze and improve their fleet operations. Undisclosed round size.

Property access control solutions. Fully wireless and cloud controlled systems reduce installation costs by 60%. Deployed across 24M square feet of real estate across 500 customers globally. ₹3.5CR raised in this extended seed round which also includes Alumni Ventures and Doctor Technology. Had previously raised $5.4M at seed.

AI powered machine monitoring systems to provide manufacturing plants with real-time data. Connected to 2,000 machines (clients include Hero, Motherson, Bharat Gears) and now expanding into South East Asia and Mexico. ₹8.3CR raised from the YourNest-SanchiConnect Velocity Accelerator Program 2024.

Real time operations and audit automation to drive quality and reduce costs for Tier 1 and 2 suppliers in the Indian automotive industry. $250K raised in this round.