Full-Stack ESDM Startup Elecbits Raises $5.5M Led By Nexus Venture Partners

Elecbits, India’s first Full-Stack Electronics Design and Manufacturing startup has raised $5.5M in a Series A round of funding led by Nexus Venture Partners, with participation from SE Ventures and Riverwalk Holdings.

This round will further accelerate Elecbits’ mission of building the digital and physical infrastructure required to make India a global electronics powerhouse. The funds will be used to scale Elecbits XOR – the AI-powered Electronics Engineering and Manufacturing Platform, expanding their end-to-end engineering capabilities and building in-house manufacturing competencies.

For decades, hardware innovation has been stifled by a broken ecosystem: non-standardised engineering, opaque supply chains, and manufacturers ill-equipped for agility. The result was slow time-to-market and reliability issues. Elecbits has solved this by unifying the entire value chain under one roof— from designing, prototyping, manufacturing & quality control to delivery.

Elecbits, is redefining how hardware is built globally. By digitizing the fragmented supply chain and vertically integrating the entire product lifecycle, Elecbits is now the preferred partner for global enterprises as well as fast-growing startups, powering the blazing fast idea-to-product journeys.

The company is currently powering critical innovations across high-growth sectors like Digital Payments, IT Hardware, Power Electronics, Automotive and Consumer Electronics. Elecbits is powering global giants across sectors and is already a trusted partner to 200+ industry titans including Panasonic, Schneider Electric, Motherson, Urban Company, Zetwerk, Maruti Suzuki, OLA, Valeo.

Saurav Kumar, Nikhil Rawat ( L-R )

The company was founded by Saurav Kumar Singh and Nikhil Rawat in 2019. Saurav brings a strong IoT and enterprise engineering pedigree from his time at Amdocs, while Nikhil adds proven startup-scaling experience with one of the ventures acquired by Coupa. Elecbits is fueled by the combined experience of the founders and their vision to democratize the electronics ecosystem and turn India into a global Electronics leader.

Nikhil Rawat, Co-founder, Elecbits, said, Electronics powers every modern innovation, yet building hardware has always been painfully slow. At Elecbits, we aren’t just driving the change - we’re engineering the operating system for India’s electronics future. This fundraise takes us one step closer to a world where every idea can go from concept to creation in days, not months.

The Full-Stack Advantage - By combining end-to-end engineering expertise with a robust manufacturing network, Elecbits enables clients to scale from one to million units with unprecedented speed and precision with the help of Elecbits XOR - an AI-powered Digital Manufacturing Platform that brings Instant Quotes, Transparent Supply Chains, Part Intelligence & Risk Management all onto one single platform.

“The world runs on hardware, yet the infrastructure to build it remains inefficient, at least in India. We partnered with Elecbits because they are solving this foundational problem with speed and precision and making India globally competitive. We invest in technologies that drive the world, and Elecbits is the engine that will power the next wave of electronics innovation”, Anand Datta, Partner, Nexus Venture Partners mentioned.

"SE Ventures is excited about Elecbits as a catalyst in the growing electronic design and manufacturing market in India, strengthening our thesis that AI will disrupt existing solutions to enhance quality and reduce time to market. This investment, and partnership with our LP, Schneider Electric, will accelerate rapid prototyping, co-development, and next-generation product innovation." - Siddharth Mehta, Investment Partner APAC, SE Ventures.

As global companies look to diversify supply chains beyond China, Elecbits stands as the "China+1" solution that offers not just capacity, but capability. With a rapidly expanding footprint and a "Made in India, for the World" mandate, the organization is scaling its operations to meet surging global demand, proving that India can lead globally. 

Elecbits is a Full-Stack Electronics Design and Manufacturing startup, enabling enterprises to go from an idea to a shelf-ready product - whether it’s a single prototype or millions of units - delivered with unmatched speed, precision, and visibility.

We are driven by a culture anchored in a larger mission: to build an organization that outlives us and shapes the future of electronics. Our commitment is to democratize and digitize electronics development and manufacturing, creating a seamless fusion of physical, digital, and talent infrastructure. With every new capability, we move closer to reimagining the global electronics ecosystem and powering innovation for generations to come.

Elecbits was founded by Saurav and Nikhil during their quest to build homegrown electronics. Their journey exposed them to the bureaucracy, engineering bottlenecks, import dependencies and structural inefficiencies that make hardware development and manufacturing unnecessarily complex for innovators.

About Saurav Kumar Singh, CEO, Elecbits

Saurav brings a deep background in scaling IoT and enterprise products globally from his time at Amdocs, where he worked across multiple markets and high-impact deployments. Gaining strong expertise in workflow management and analytics pipelines - later driving business intelligence initiatives for AT&T’s large-scale products.

With a proven track record of delivering reliability and scale, Saurav brings core leadership in building high-performance hardware-software ecosystems and accelerating enterprise adoption.

About Nikhil Rawat, COO, Elecbits

Nikhil has been part of early teams at two technology startups, gaining hands-on experience in zero-to-one product building, market scaling, and enterprise adoption. One of these ventures was eventually acquired by Coupa - one of the world’s largest supply-chain analytics companies—shaping his understanding of how high-velocity tech ecosystems operate.

In 2019, Saurav and Nikhil left their careers to pursue a shared vision: transforming India into a global electronics powerhouse. Their approach is simple yet ambitious - solve every friction in the hardware lifecycle, no matter how small, and stitch these solutions into a vertically integrated, AI-Powered full-stack engine that becomes the GTM bridge for enterprises building electronics today.

ISM 2.0 Incoming: India Targets Full-Stack Innovation in Semiconductor Ecosystem

India’s semiconductor ambitions entered a transformative phase this week with the unveiling of the second edition of the India Semiconductor Mission (ISM 2.0), announced at the Semicon India 2025 summit.
Building on the ₹76,000 crore foundation laid by ISM 1.0, the new roadmap pivots from infrastructure creation to full-stack innovation, ecosystem integration, and indigenous product development.

From Fabs to Full Products: What ISM 2.0 Promises

Union Minister Ashwini Vaishnaw declared ISM 2.0 a “moment of pride,” presenting the first set of Made-in-India commercial-grade chips to Prime Minister Narendra Modi.
The chips, developed by CG Semi and student teams using Electronic Design Automation (EDA) tools, symbolize India’s transition from consumer to creator in the global chip race.

Key highlights of ISM 2.0 include:

• Expanded Incentives: Support now extends beyond fabs and OSATs to include capital equipment, materials, and ancillary industries such as gas and chemical suppliers.
• Product-Centric Focus: A significant portion of funding will be directed toward designing complete chipsets, ensuring that intellectual property (IP) remains within India.
• Silicon Carbide Priority: Proposals for SiC-based wafer manufacturing will be fast-tracked, given their strategic importance in EVs, defense, and power electronics.
• Revamped DLI Scheme: The Design-Linked Incentive program will now support larger domestic firms, advanced packaging, and risk capital access.

Global Confidence, Local Execution

The summit saw participation from 33 countries and over 350 exhibitors, including industry giants like ASML, Lam Research, and Merck Electronics.

Vaishnaw emphasized India’s reputation for respecting IP rights and fostering co-development, positioning the country as a trusted partner in a multipolar tech world.

Kai Beckmann, CEO of Merck Electronics, noted,

India builds resilience into global value chains by developing local capacity,” while MediaTek India’s MD Anku Jain stressed the role of startups in solving ecosystem gaps.

Economic and Strategic Impact

• Cost Advantage: Independent studies suggest India’s semiconductor production is already 15–30% more cost-effective than global benchmarks.
• Talent Pipeline: Over 60,000 engineering students have logged 13 million+ hours on EDA tools, with 278 universities participating in chip design programs.
• Deep Tech Alliance: A $1 billion fund has been launched to support frontier sectors including semiconductors, clean energy, biotech, and quantum technologies.

What’s Next?

With 10 semiconductor projects worth $18 billion underway and land allocated for the HCL-Foxconn JV fab, India is poised to become a global hub for high-value, mid-volume chip production.
The modernization of ISRO’s Semiconductor Laboratory in Mohali is also in motion, aiming to boost domestic tape-outs and export capacity.

Aimtron Electronics Posts 222% Surge in Open Orders Fueled by AI, IoT, and Green Energy Demand

Aimtron Electronics Ltd, one of the leading Electronics System Design and Manufacturing (ESDM) solutions companies, saw a significant surge of 222% YoY in open order book to INR 419.50 crore. The company’s Total Revenue also witnessed a huge jump of 85% to approximately INR 43.30 crore in Q1FY 25-26 as compared to INR 23.26 crore in Q1FY24-25.

Of the total new orders that Aimtron received, 80% came from domestic and 20% from exports. These orders are broken down by type as 63% Box-Build, 35% PCBA, and 2% Design. The growth was driven by robust demand across the Network Security, Green energy, Industrial, IoT, and AI sectors with key ODM and box build projects being the primary drivers of this performance.

Among other strategic and operational milestones, Aimtron successfully completed Stage I of the AS9100 audit, with Stage II scheduled for August 2025. This certification is crucial for securing high-value aerospace and defence contracts. A new SMT line will integrate advanced AI-powered inspection capabilities to enhance efficiency.

Aimtron also launched a greenfield expansion adjacent to the Vadodara plant for long-term growth. This strategic location leverages local logistics, talent, and Gujarat's favourable industrial policies and the new capacity will aid incremental capacity for future growth. Certified facilities in Vadodara and Bengaluru boast five SMT lines and five box build lines with operations being governed by top-tier certifications, including ISO 13485, ISO 14001, ISO 9001, and IATF 16949.

Recent successful fund raise of preferential shares through warrants (awaiting shareholder approval at ensuing extra ordinary general meeting and in principle approval from NSE)

• The company recently received tremendous response to its preferential fund raise through the warrants route. The fund raise was to the tune of approximately Rs 98.50 crore raising approximately 14,47,188 warrants at Rs 680.64 per share and will be used for growth capital.
• Nearly 69 investors participated in this fund raise of which the promoters and its employees participated to the extent of approximately 18.5% of the fund raise, over and above external investors.

Chairman's Message

Chairman Mukesh Jeram Vasani noted:

Our strong growth trajectory underscores Aimtron’s strategic vision, operational strength, and dedication to meeting complex global needs with agility and unparalleled precision. Our growing order book, the strong growth being portrayed in our revenue growth and the planned capacity expansion are all aimed towards achieving our targeted growth for FY26 and beyond. We also thank all investors who showed tremendous response to our fund raise trusting our ability to.

About Aimtron Electronics Limited

Founded in 2011, Aimtron Electronics provides EMS, PCB assembly, box-build, and design services. With facilities in Vadodara, Ahmedabad, and Bengaluru, and a parent company headquartered in Chicago, USA, Aimtron serves customers across the automotive, medtech, aerospace, industrial, power, gaming, IoT, and robotics sectors. Guided by the philosophy of “Tomorrow, Today”, Aimtron helps shape the technological future of the world. The company’s vision is to enrich society globally through innovative technology.

L&T Semiconductor and C-DAC Collab to Create Make-In-India Integrated Circuits, SoCs and ESDM Solutions for Global Market

L&T Semiconductor Technologies (LTSCT) recently signed a Memorandum of Understanding (MoU) with the Centre for Development of Advanced Computing (C-DAC).

This strategic collaboration aims to drive indigenization efforts and accelerate innovation in areas of mutual interest. Specifically, they will focus on creating Make-in-India Integrated Circuit (IC) / System-on-Chip (SoC) and Electronics System Design & Manufacturing (ESDM) solutions for automotive, industrial, and energy applications.

By reducing reliance on electronic imports, this partnership contributes to strengthening India's economic foundation. Kudos to both organizations for fostering innovation and positioning India as a leader in the semiconductor sector.

By focusing on Make-in-India ICs and SoCs, the collaboration aims to reduce dependency on imports, fostering a more self-reliant semiconductor ecosystem.

Moreover, the focus on automotive, industrial, and energy applications means that critical sectors will benefit from advanced, locally-produced semiconductor solutions, enhancing their efficiency and competitiveness.

The partnership will likely spur innovation and research in advanced semiconductor technologies, positioning India as a hub for cutting-edge developments in this field.

Enhanced local manufacturing and design capabilities can lead to job creation and economic growth, contributing to India’s GDP.

Congratulating both the organisations, Dr Sunita Verma, Group Coordinator, (R&D E&IT) from the Ministry of Electronics and Information Technology (MeiTY), said: “The signing of this MoU between L&T Semiconductor Technologies and C-DAC indicates the Government’s commitment to fostering public-private partnerships that drive innovation and economic growth. This collaboration not only underscores the importance of indigenisation in the semiconductor sector but also paves the way for India to take a leadership role on the global stage. We look forward to the transformative impact that this partnership will have on the nation’s technological landscape.”

Mr Magesh E, Director General – C-DAC, highlighted that the collaboration will significantly boost the semiconductor industry and strengthen the Digital India RISC-V (DIR-V) ecosystem. “The partnership in developing Vega based indigenous ICs and SoCs is set to accelerate the vision of Atmanirbhar Bharat by enabling the development of cutting-edge products and solutions for automotive, industrial, ICT infrastructure and the energy sectors. With a shared vision and the capability to deliver world-class solutions, this collaboration is expected to break new ground in semiconductor and related domains,” he said.

Mr Sandeep Kumar, Chief Executive – LTSCT, said: “This collaboration, led by LTSCT, will create a powerful commercialisation programme for advanced technologies created by C-DAC in semiconductor design & development, embedded software, open-source OS, HPC and power systems. C-DAC’s deep pipeline of indigenous IPs, including the VEGA processor, application design and FPGA validation will be turned into global product opportunities by LTSCT. The joint efforts are anticipated to yield innovative products and solutions that will benefit diverse sectors of the Indian economy while significantly enhancing the nation’s technological capabilities and positioning India as a leader in each of the sectors.”

IESA Maharashtra Chapter Unveiled in Pune, Towards Establishing ESDM and Semiconductor Ecosystem in Maha

India Electronics and Semiconductor Association (IESA), the premier industry organization representing the Semiconductor and Electronics Systems design and manufacturing (ESDM) Industry in India unveiled its Maharashtra chapter of IESA in Pune. The chapter launch was attended by noted leaders of the industry and academia at a glittering opening ceremony at Pune.

The programme was attended by senior industry leaders, Sh Ashok Chandak, known Semiconductor veteran, Mr Sanjay Gupta, Chairman IESA, K Krishna Moorthy, President and CEO IESA and key senior functionaries from IESA Secretariat.

This chapter aims to galvanise notable entities in automotive, critical electronics, defence and aerospace segments and align them to semiconductor design, distribution and manufacturing. Pune is a notable industry hub of the country with a large footprint and academic interface of engineering colleges and research centres. It will be IESA’s endeavour to interconnect, interact and integrate all these entities towards a singular goal of Skilling, Design and further manufacturing of semiconductors.

The ceremony also encompassed presentations from IIT Bombay as also a presentation on Semiconductor Campus Connect- a flagship programme on Skilling by IESA. The chapter will be a harbinger of greater collaborations in the field of ESDM and Semiconductors for the future.

Mr Ashok Chandak said “Launch of Maharashtra chapter of IESA on the auspicious occasion of Akshay Tritiya marks the new venture with eternal contributions of Electronics Products DNA of this region to the ESDM growth in India."

Mr K Krishna Moorthy, President and CEO, IESA said “Maharashtra chapter will be instrumental in energising the entire industry ecosystem in the state with respect to ESDM and semiconductor domain”

About IESA

India Electronics and Semiconductor Association (IESA) is the premier industry body representing the Semiconductor and Electronics Systems design and manufacturing (ESDM) Industry in India. IESA members include Leading Global Semiconductor and ESDM MNCs, MSMEs, Startups, Academia and numerous institutions. http://www.iesaonline.org

To Boost Domestic IT Hardware, EDSM Manufacturing Govt Approves $1 Bn Worth of Incentive Scheme

Representational Image

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Production Linked Incentive (PLI) Scheme for IT Hardware. The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in the value chain of IT Hardware. 

The Target Segments under the proposed Scheme include Laptops, Tablets, All-in-One PCs and Servers.

The Scheme shall, extend an incentive of 4% to 2% / 1% on net incremental sales (over base year i.e. 2019-20) of goods manufactured in India and covered under the target segment, to eligible companies, for a period of four (4) years.

The scheme is likely to benefit5 major global players and 10 domestic champions in the field of IT Hardware manufacturing including Laptops, Tablets, All-in-One PCs, and Servers. This is an important segment to promote manufacturing under AtmaNirbhar Bharat as there is huge import reliance for these items at present.

The total cost of the proposed scheme is approximately Rs.7,350 crore or USD 1.01 billion (approx.) over 4 years, which includes an incentive outlay of Rs.7,325 crore and administrative charges of Rs.25 crore.

Benefits:

The scheme will enhance the development of electronics ecosystem in the country. India will be well positioned as a global hub for Electronics System Design and Manufacturing (ESDM) on account of integration with global value chains, thereby becoming a destination for IT Hardware exports.

The scheme has an employment generation potential of over 1,80,000 (direct and indirect) over 4 years.

The Scheme will provide impetus to Domestic Value Addition for IT Hardware which is expected to rise to 20% - 25% by 2025.

The vision of National Policy on Electronics 2019 notified on 25.02.2019 is to position India as a global hub for Electronics System Design and Manufacturing (ESDM) by encouraging and driving capabilities in the country for developing core components, including chipsets, and creating an enabling environment for the industry to compete globally.

Currently, the laptop and tablet demand in India is largely met through imports valued at USD 4.21 billion and USD 0.41 billion respectively in 2019-20. The market for IT Hardware is dominated by 6-7 companies globally which account for about 70% of the world's market share. These companies are able to exploit large economies of scale to compete in global markets. It is imperative that these companies expand their operations in India and make it a major destination for manufacturing of IT Hardware.

Given the current global scenario, the world of manufacturing is undergoing a paradigm shift. Manufacturing companies across the globe are looking to diversify their manufacturing locations to mitigate the risk involved in depending on a single market.

IESA Technovation Awards 2019-20 Lifts the Spirits-Up for Innovation in the ESDM industry

Representative

BANGALORE, India, Jan. 7, 2021 /PRNewswire/ -- 

• Sarabhai Award: Sh. Ajay Sawhney, Secretary, MeitY Govt of India
• Techno-Visionary, Industry Award: Nivruti Rai, Country Head, Intel India and vice president, Data Platforms Group (DPG) at Intel Corporation 
• Techno-Visionary, Academia Award: Prof. Ramgopal Rao, Director, IIT Delhi 

India Electronics and Semiconductor Association (IESA), the premier industry body for the Electronics System Design and Manufacturing (ESDM) industry in the country, has today announced its flagship Technovation Award winners for 2019-2020.

Instituted in 2008, the "IESA Technovation Awards" are one of the most recognized awards in the ESDM ecosystem. Each year IESA Technovation awards recognize and honor some of the most innovative and impactful individuals and organizations for their contributions made to India's ESDM industry.

In the leadership awards category, the Techno-Visionary industry award winner is Nivruti Rai, Country Head, Intel India and vice president, Data Platforms Group (DPG) at Intel Corporation; Prof. Ramgopal Rao, Director, IIT Delhi is awarded the Techno-Visionary, Academia award; Professor (Emeritus) A. Paulraj, Arogyaswami Paulraj, Stanford University is awarded the Techno-Visionary, Global award; Aruna Sundararajan, Former Secretary, Government of India is awarded the Techno-Visionary, Public Service award and the apex award of Technovation, Sarabhai Award has been awarded to Sh. Ajay Sawhney, Secretary Ministry of Electronics & Information Technology Government of India.

In the Startup category, Pathshodh & InnAccel in healtrhcare; Hack Labs in Automation; Acceleron Labs in Compute; EVQPoint in Automotive; Devic Earth in Environment; AlphaIC & InCore in Fabless and SINE is chosen as the best incubator in the ecosystem.

In the MSME category, iWave for Services; Skanray for Electronics Products; Saankhya for Semiconductor Products and Sahasra for Manufacturing.

In the Enterprise category, eInfochips for Services; BEL & Genus Power for Electronics Products; AMD for Semiconductor Products; Wistron for Manufacturing.

Speaking on the occasion, Dr. Satya Gupta, Chairman, IESA and CEO, Seedeyas Innovations said, "At IESA we believe in supporting innovation and the Technovation Awards are a token for recognizing the talent and hard-work of individuals and companies. We are proud to appreciate such determination and to acknowledge these efforts. This year we have good innovation coming to the forefront in various categories especially in healthcare & automation. This surely speaks about our ecosystem, encouraging policies and we applaud the efforts, support the industry and feel this is just the beginning."

Accepting the Sarabhai Award, Sh. Ajay Sawhney, Secretary, MeitY Govt of India said, "It is truly an honor to receive Sarabhai Award at IESA's Technovation Awards. I am thankful to IESA for this recognition. This is the recognition to the Ministry, IT, for the industry that has rallied around the schemes for which we have received amazing response. The next few years look promising and we are just about to come out with a request, an expression of interest for the semiconductor fab and we are ready for the fabless design. We are back in the market soon for more projects for manufacturing of components. Let us make this India's decade in Electronics."

List of winners in various categories of Technovation Awards 2020

Start-Up Awards
Type	Category	Winner
Start-Ups	Health Care	Pathshodh	InnAccel
Start-Ups	Automation	Hack Labs
Start-Ups	Compute/General	Acceleron Labs
Start-Ups	Automotive	EVQPoint
Start-Ups	Environment	Devic Earth
Start-Ups	Fabless	AlphaIC	InCore
Incubators	Incubators	SINE
MSME Awards
Type	Category	Winner
MSME	Services	iWave
MSME	Electronics Products	Skanray
MSME	Semiconductor Products	Saankhya
MSME	Manufacturing	Sahasra
Enterprise Awards
Type	Category	Winner
Enterprise	Services	eInfochips
Enterprise	Electronics Products	BEL	Genus Power
Enterprise	Semiconductor Products	AMD
Enterprise	Manufacturing	Wistron
Leadership Awards
Techno-Visionary	Industry	Nivruti Rai, Country Head, Intel India and vice president in the Data Platforms Group (DPG) at Intel Corporation
Techno-Visionary	Academia	Prof. Ramgopal Rao, Director, IIT Delhi
Techno-Visionary	Global	Professor (Emeritus) A. Paulraj, Arogyaswami Paulraj, Stanford University
Techno-Visionary	Public Service	Aruna Sundararajan, Former Secretary, Government of India
Technovation Sarabhai Award	Sh. Ajay Sawhney, Secretary Ministry of Electronics & Information Technology Government of India

About Technovation Awards: 

The ESDM ecosystem is growing significantly in the areas of Semiconductor & Fabless Products, Electronics Products and Manufacturing and Design Services. The Technovation industry awards this year have recognised the contributions in in these areas from large enterprises, MSME companies and start-ups. Start-ups are already playing a big role in creating Self-Reliance in Electronics by developing products using domestic innovations and addressing both local and global challenges.

This year "Technovation Awards" have recognised and honoured the best start-ups in 6 different verticals namely Healthcare, Automation, Environment, Automotive and Computing. Considering the significance of Fabless products and IP companies, it was a decision to have a separate award category for the best fabless start-up in each category. In the individual awards category, IESA Techno-Visionary awards recognize the leaders who have made a long-term impact on the ESDM eco-system. The Techno-Visionary awards are given to leading Techno-Visionaries in 4 categories- Academia, Industry, Public Service & Global, categories. The final and Apex ESDM award IESA Technovation Sarabhai Award, is given to a visionary leader for making seminal contributions and long-term impact for the ESDM Industry.

About India Electronics and Semiconductor Association (IESA): India Electronics and Semiconductor Association (IESA) is the premier industry body committed to the development of a vibrant Indian Semiconductor and Electronics System Design and Manufacturing (ESDM) ecosystem representing both domestic and multinational enterprises. IESA has been actively involved in evangelizing the dream of establishing 'Brand India' that is recognized worldwide as a go-to destination for Intelligent Electronics. The vision of IESA is to Make India the global hub for design-led manufacturing in Intelligent Electronics through continued partnership with the Industry, Government and Academia in the Country and Global markets. IESA is working towards promoting Make-in-India & Designed in India products for the global markets, through publishing credible data, networking events and nurturing alliances. IESA works closely with the Government as a knowledge partner on the sector, both at the centre and state level. For more details, visit www.iesaonline.org

8 ESDM Startups Shortlisted by MeitY’s Electropreneur Park

Electropreneur Park begins season six with eight budding electronic hardware start-ups for its pre-incubation, incubation and visual acceleration programs. To promote ingenious manufacturing in Electronics System Development and Maintenance (ESDM) in the electronic eco-system of India, Electropreneur Park will run this program for one and a half year. The startups shortlisted this year includes:

1. AIGROEDGE: Developing AI-powered intelligent farming kit with Intelligent Analytics Platform and Expert System


2. Arista Vault: Developing next-gen high tech intelligent secured products to make people’s life safe, easy and peaceful.


3. Pill Pal: IOT based pills storing and dispensing products for patients and hospitals.


4. Designers Charrette: Portable device to store insulin in low temperature with IOT based dosage management and analytics.


5. Electric Fuel: Creating battery swapping stations with EV charging and advanced battery management.


6. Eath.in: Creating a pocket sized AI device to analyse milk health.


7. Motor Invertor: Developing a low cost invertor for inductive load.


8. E2EM: Developing portable E-Moped

The incubated startups will be offered strategic mentoring by industry stalwarts from pool of 30 leaders from companies like Murata, NXP, Global Foundaries, Cadence and highly successful entrepreneurs. Access to design support from various supporting organizations like Infineon, STMicroelecronics, Texas Instruments, Microchip, Intel, NXP, etc. Electropreneur Park is providing a robust technology focused sustainable infrastructure, allowing for advanced R&D, innovation and designing. The start-ups will receive funding assistance through government support, industry connect and through member base of IESA, STPI and University of Delhi.

Electropreneur Park made an investment over INR 2 crore in setting up the incubation lab for helping the start-ups. While entrepreneurs and start-up enthusiasts in India burst with new ideas, most of them face a major setback in setting a proper infrastructure and office space.

[caption id="attachment_143362" align="alignleft" width="208"] Sanjeev Chopra, CEO, EP[/caption]

Sanjeev Chopra, CEO, Electropreneur Park, says, “The startups have been provided access to the state of the art lab set up by Electropreneur Park, equipped with the latest technology with access to free office space, legal & IP support. They will be part of various national and international industry events which will help them network with industry leaders and potential customers to help build a strong network and wider visibility”.

He added, "The electronics industry is one of the fastest growing in the country. Growing at fast paced rate, the industry indicates that it is one of the major contributors to the Indian economy. By focusing on incubating and nurturing start-ups in the electronic eco-system, we envision to open avenues for job opportunities in the country, push for production, demand and consumption of electronic products in the domestic market which will further help in the economic development."

"Developing high-quality electronic products at affordable prices will not only help in inclusive adoption and deployment but will also further help in improving productivity, efficiency and ease of operations in other sectors. We are thus approaching towards a holistic growth and development for the Indian economy," he said.

Electropreneur Park has been successfully contributing to the ESDM growth story of India and has led to the inception of 33 start-ups, 20 new products, around 20 patents in the last three years of operation. With over 70% of graduated startups in revenue phase the success stories so far led to a total revenue generation by startups of over INR 25 crore and a valuation of INR 120 Crores;

Electropreneur Park provides a unique opportunity to companies in the ESDM sector to view India as their next destination in order to cater to import as well as export demands. The electronic market in India is anticipated to reach $ 400 bn by 2025. The demand is fueled by a variety of drivers which includes a high growth rate of the economy and emergence of a vast domestic market catering to the gen-next. This provides a huge opportunity for India to become an Electronics System Design and Manufacturing (ESDM) hub to meet its domestic requirements as their next destination in order to cater to import as well as export demands.