tech STARTUPS GRADUATED from IITMIC and RTBI
October 2016 Newsletter > Ather Energy Private LimitedFunds raised: Seed funding from IITMIC and RTBI, angel funding by Raju Venkatraman (CEO, Medall) & V Srinivas (founder, Aerospike), $1M seed series by Flipkart Founders (2014); $12M Series A by Tiger Global (2015); $30.5M investment by Hero MotorCorp (Oct'16) In-house R&D Certified by DSIR 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. Investments: $ 18M (₹120 crore) investment by NanoHoldings LLC (May 2016) - company acquired
Hyperverge Inc(IITM alumni, 2012, 2014 & 2015) Domain: Computer Vision, Machine Learning, Cloud and Data. What it offers? HyperVerge uses deep-learning to analyse and organise photos across all devices. Silver, the first smartphone app developed by the company, helps users automatically organise their photos, eliminate poor quality photos and duplicates, and share their best photos. Visit us online Funds raised: Seed support by IITMIC and $1M seed funding from venture firms NEA, Milliways Ventures and Naya Ventures (2015) DocsApp - (Phasorz Technologies Private Limited)(IITM alumni, 2012) What it offers? DocsApp is a mobile app for patients to seek online consultation from specialist doctors. Patients can also get lab tests and medicines delivered at home seamlessly through the app after the doctor consultation. Investments: seed support by IITMIC, Angel investment by GSF India, Seed Funding of $200K from Milliways Ventures & Krishnan Ganesh (2015), $1.2M (Rs 8 crore) from Facebook's early investors Anand Rajaraman and Venky Harinarayan, & Japanese VC firm Rebright Partners (Apr 2016), $5.5M (Rs 36 crore) Series A investment by Bessemer Ventures Partner (Oct 2017) 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. 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) Docswallet (formerly Myeasydocs) - Tharakan Web Innovations Private LimitedFounders: 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.  Funds raised: INR 6 crore Series A investment Edutor Technologies India Private LimitedPersonalized 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. Nadhi Information Technologies Private Limited 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. Cementing the gap in construction management - Business Line Feature Lema Labs Private Limited Founder: KEDAR KULKARNI (IITM alumnus, 2012) What it offers? Lema Labs provides Robotics education to local colleges. Has developed specialized Robotics kits to enable learning. Visit us online.  Kaizen Robotics program: A 2 year long program, which contains Basic modules in Robotics and Advanced modules in computer vision, control systems, machine learning, industrial automation & cloud deployment. Funds raised: Seed funding by IITMIC and RTBI Co-incubatee of RTBI MobilTrain Knowledge Services Private Limited Founder: GAYATHRI SRIRAM What it offers? Leverages mobile technology to offer training services in healthcare, education, employability skills, on the job training and more. 1000Lookz - (VDime Innovative Works Private Limited) Founder: VASAN SOWRIRAJ (IITM alumnus, 2006) What it offers? 1000Lookz is a virtual makeover technology application based on facial image recognition technology. The application allows customers to try on cosmetic items like eye shadow, foundation, lipstick, nail polish etc. on their own photograph. The virtual hair studio- MIDAS helps hair stylists show various hair styles and colors to customers on their own photo. Visit us online "Best Mobile Enterprise Product or Service" - IAMAI & Microsoft BizSpark StartUp challenge winner. "VDime is in top 10 product companies in Nasscom Emerge 50 for 2014" Greenvironment Innovation and Marketing India Pvt Ltd Co-Founder: VARUN SRIDHARAN Domain: Smart Water, Wastewater & Waste Management Solutions  An environmental engineering company focused towards providing innovative & cost effective technologies for efficient water, wastewater and solid waste management solutions based on sustainability principles (deck). Current activities: Real-time monitoring, reporting & troubleshooting of water & wastewater treatment systems using IoT based instrument and field level data collection by mobile app, information processed on cloud server for troubleshooting alerts. Visit us online Funds raised: Seed funding by IITMIC and RTBI; Angel Investment Co-incubatee of RTBI Vastra (Custom Attire (India) Private Limited)Founder: SAJINA RAMESH Domain: Garment manufacturing What it offers? Vastra manufactures and supplies high-end institutional wear to serve the needs of the community in a sustainable manner. Their work force belongs to various Self Help Groups located in rural Tamil Nadu. Vastra supplies uniforms for schools, hotels, industries, security guards, drivers, corporate houses and hospitals. Their factory and production unit in Velachery is equipped with latest equipment to serve the needs of our vast clientele. Visit us online Funds raised: Seed funding by RTBI Rope Enterprises Private LimitedHome furnishing, home decor, storage and lifestyle products uniquely designed and exquisitely handmade or hand woven using eco-friendly materials and processes is specialty of ROPE Home Decor & Lifestyle. Visit us online. ecoLogin Tourism and Travels Private Limited Founder: SRIDHAR LASHMANAN | Stellapps Technologies Private LimitedAn end-to-end dairy technology solutions company. Stellapps' innovative applications and state-of-the-art mechanization tools leverage Internet of Things (IoT), Big Data, Cloud, Mobility, and Data Analytics to improve Agri- supply chain parameters, including milk production, milk procurement, cold chain, animal insurance and farmer payments. VIDEO Investments: Series A from Omnivore Capital, RTBI & Caspian Impact Investments (P) Ltd Skillveri Training Solutions Private LimitedWhat it offers? Multi-skill virtual training simulators for manufacturing sector. Current products: Welding simulators to train unskilled welders & make them job ready. Recent feature by Outlook Business Investments: ₹ 8 crore Series A investment by Michael and Susan Dell Foundation (MSDF) and Ankur Capital (Jan 2017), angel investment by Ankur Capital (2015), seed funding by RTBI & IITMIC Dhvani Research & Development Solution Pvt Ltd 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 & visualization tools, and training. Aibono (Airwood Aerostructures Pvt Ltd)Founder: VIVEK RAJKUMAR (IITM alumnus, 2011) @AibonoWorld What it offers? India’s first Smart Farming Collective™. Aggregating and turning small farms into smart farms with the help of Internet and AI. The company is primarily focused on providing precision farming input and end-to-end production management advise for fruits & vegetable farmers using Sensors, Cloud Application, Data Analytics, Soil & Ambient Sensors, as well as multispectral crop stress using drone imaging. Visit us online Funds raised: Seed funding from IITMIC & RTBI; Ministry of MSME (GoI) Grant; 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) "ET Startup Awards 2017 - Best Social Enterprise" GyanData Private Limited Founders: Prof SHANKAR NARASIMHAN & Prof RAGHUNATHAN RENGASWAMY (IITM faculty, Chem Engg) What it offers? Provide data driven solutions across a multitude of sectors such as finance, retail, transportation and process industries. Present focus: product development and consultancy in the fields of Data modelling, Surge analysis, Water Distribution Systems, Process monitoring and control, Fault diagnosis, Decision support systems and other Software applications to process industries. Merkel Haptic Systems Private Limited Founder: Prof M MANIVANNAN (IITM faculty) What it offers? MHS is the first haptics company in India exclusively for touch related technologies, pioneer in providing 3D touch technology solutions in India and abroad, combining academic and industrial experience. It is a spin-off company from IIT Madras Touchlab. MHS is developing a new haptic devices that add high-fidelity virtual reality based training systems. Visit us online Products: Laparoscopy Surgical Simulator and In-Vitro Fertilisation Training Simulator - both with Haptics Feedback Funds raised: Two IPs licensed at $1M to Singapore based firm (2017); seed funding by IITMIC; Ministry of MSME (GoI) Grant (Dec'15)  Mannequin based training simulators for doctorsEngineering Project Management Consultancy and Research Pvt Ltd Founders: S KAVINKUMAR & PS MUKUNDAN (IITM alumni) What it offers? EPMCR offers civil engineering solutions right from architecture to delivery of the infrastructure facilities to the client. EPMCR offers single point solution for planning, design and construction of all type of building, transportation and water Infrastructures. Visit us online Okapi Advisory Services Private Limited Founders: Prof. ASHWIN MAHALINGAM & Dr JESSICA SEDDON (IITM faculty and external) What it offers? Okapi is an India-based research and consulting group focused on institutional design for complex goals in changing times. They help clients create policies, ecosystems, and organizations that motivate and aggregate individual contributions to broader public purposes. Visit us onlineDesicrew Solutions Pvt Ltd Founders: SALONI MALHOTR (Director), MANIVANNAN JK (CEO) Rural BPO Services. Pioneers in the Impact Sourcing space. Company has grown since 2007 and is now over 500 people strong, with operations across more than 10 states in India, and multi-lingual capabilities and customer experience spanning more than 15 industries. Visit us online Swayambhu Biologics Private Limited Founder: R BALAJI Domain: Agriculture & Solid Waste Management What it offers? Offers proprietary Accelerated Biological Intervention Technology (ARBIT) for 400+ sugar industries & 300+ distilleries in India that generate toxic waste in the form of 40 lakh tonnes pressmud & 5 billion litres of spentwash annually and dumping them without proper treatment causing severe damage to soil, water bodies etc. due to absence of credible / established technologies. ARBIT composts pressmud in 14 days as against the current 120 days resulting in nutrient rich bio-manure (compost) on one side to managing distillery effluent (spent wash) to achieve Zero Liquid Discharge. Visit us online Arogyam Organics Private Limited  Founder: ARUMUGASAMY What it offers? Organic Food Processing Institute for Constructions Materials and Technology Pvt Ltd Founders: Profs RAVINDRA GETTU & KOSHY VARGHESE (IITM faculty) What it offers?ICOMAT offers a wide range of building and construction materials testing services including cement testing, concrete testing, brick/concrete block testing to the Construction Industry & Routine Testing of Construction Materials. Wii Tronics Solutions Private Limited Founder: ARJUN NATARAJAN  Company provides sensor based intelligent parking guidance solution for on-street and indoor parking garages. Manufactures sensors, which can be integrated with mobile apps, and vehicle presence information is brought out wirelessly. Visit us online Funds raised: Seed funding by IITMIC Thin Film Solutions - Consultants & Project Executors Private LimitedFounder: Prof A SUBRAHMANYAM (IITM faculty)  What it offers? Training of technical personnel and consultancy services to thin film manufacturers. Develop application of thin films in healthcare, defense and space departments. Supply coated glass/plastic in small scale to laboratories. Visit us online Funds raised: Seed funding by IITMIC Yrs Intuitions Consulting Private Limited Founders: VIVEK DHANDAPANI & Prof THENMOZHI (IITM alumnus & Faculty) What it offers? The company designs, develops and manages social media pages of brands and businesses. Also develops websites and mobile applications. Visit us online |
RTBI is a Society established in Oct 2006. Its mission is to incubate start-ups whose focus is to impact rural/underserved societal segments, leveraging Information and Communication Technologies (ICT)
RTBI completes 10 years! A decade of solving rural problems with technology >
11 years of operation | 50 companies incubated | 20 companies graduated
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