Hyderabad’s EON Space Labs’ MIRA Set for December Orbit After Historic Space-Grade Certification

• The electro optical payload is scheduled for a heritage space flight aboard an upcoming satellite orbit mission in December 2025.
• The milestone is a major step toward India’s first indigenously built compact space grade telescope weighing a mere 502 grams.

EON Space Labs, a Hyderabad-based deep-tech startup, specialising in multi-domain earth observation, confirmed that its flagship electro optical space telescope ‘MIRA’, successfully completed thermo-vacuum (TVAC) testing. The milestone qualifies MIRA as India’s first indigenously developed space telescope, ready to tackle the harsh environment of space during low earth orbit (LEO) missions.

MIRA has been developed as an electro optical payload onboard satellites, utilised for dual-use strategic defence and commercial space missions.

MIRA SPACE Telescope During TVAC Testing.

Sanjay Kumar, Co-founder, EON Space Labs, said, This is a truly defining moment for us. Space grade certification proves that ultra complex, high-precision imaging platforms can now be built and certified entirely from within India. 

MIRA Front View

The miniaturised space telescope meets stringent NASA-standards for space-readiness, tested for temperature stability, vacuum tolerance, and in-orbit operational reliability. Testing was conducted at an NABL-accredited facility in Ahmedabad at vacuum levels below 10⁻⁵ torr and extreme temperature swings between −20 °C and +60 °C. MIRA performed beyond expectations with negligible outgassing and zero optical or structural drift. It was also integrated with the onboard high performance computer of its satellite partners, successfully demonstrating autonomous imaging and telemetry under simulated orbital conditions. MIRA is scheduled for a heritage space flight onboard an upcoming satellite orbit mission, later in December 2025.

Punit Badeka, Cofounder, EON Space Labs, said, MIRA enables the highest-quality imagery at a fraction of traditional size and weight limitations. We’re not only focused on India’s self-reliance in earth observation but aim to tap the global market with MIRA.

Designed to deliver the highest-resolution imagery while weighing barely 502 gms, MIRA is at least 3 to 4 times lighter than conventional space telescopes. Payload delivery costs which can be as high as USD 10K to 20K per kilogram can be slashed without the need for compromising on image resolution.

Our vertically integrated optical and AI-enabled stack delivers an operational payload perfectly aligned for the extreme environment of space, added Manoj Kumar Gaddam, Co-founder, EON Space Labs.

While MIRA heads toward orbit, EON Space Labs is also focusing on the parallel development of its LUMIRA EO/IR aerial imaging and reconnaissance platforms, designed as a dual-use payload for drones, UAVs, eVTOL and fixed wing aircraft. The approach reinforces the startup's commitment to vertically integrated optics designed for multi-domain dual-use applications across space, aerial and ground-based platforms.

About EON Space Labs

Left to Right — Cofounders at EON Space Labs, Punit Badeka, Manoj Kumar Gaddam, Sanjay Kumar 

EON Space Labs is a trailblazer in the imaging industry, delivering cutting-edge solutions to diverse industries globally. With unparalleled expertise in designing and developing imaging systems from the ground up, we provide versatile solutions for a wide range of applications, spanning sectors like aerospace, defense, and commercial industries.

In a world increasingly reliant on visual data, EON Space Labs stands out by creating advanced imaging systems that serve as critical enablers of actionable insights. Our state-of-the-art EO-IR technologies position us as a key innovator in high-value markets such as satellite technology and drones/UAVs, while our vision extends to uncovering untapped opportunities across emerging domains. At the core of our innovation lies a commitment to miniaturizing optical payloads, revolutionizing data affordability and accessibility. By democratizing high-quality imaging solutions, we enable businesses and organizations to harness the power of visual data effectively, fostering better decision-making and operational efficiency. This approach solidifies EON Space Labs' reputation as a leader in the imaging industry, driving transformation through visionary technology and unmatched reliability. 

Viyona Fintech Wins NPCI TPAP Approval to Expand UPI Payments in Tier II, III & Rural Markets

Hyderabad headquartered Startup Viyona Fintech, One of India’s fastest-growing digital payment platforms, and the developer of GRAAMPAY and the Viyona Pay app has been granted approval by the National Payments Corporation of India (NPCI) to operate as a Third-Party Application Provider (TPAP).

This approval accelerates Viyona’s growth plans to offer Unified Payments Interface (UPI) services in collaboration with partner banks, further expanding access to digital payments across Tier II, Tier III, and underserved rural markets in India.

“This approval reflects NPCI’s confidence in our fintech applications to make UPI payments more accessible for farmers, shopkeepers, and households. Through GRAAMPAY and the Farmers Marketplace, we are focused on providing simple and secure financial tools that support both urban and underserved rural communities,” said Ravindranath Yarlagadda, Founder of Viyona Fintech.

Viyona’s flagship product GRAAMPAY, is designed to address the unmet digital payment needs in rural India. The platform enables farmers, small merchants, and local communities to carry out digital collections, payouts, and UPI transactions. It also supports rural e-commerce and promotes financial literacy through a network of Village-Level Entrepreneurs (VLEs).

As part of its expansion strategy, Viyona is preparing to launch a Farmers Marketplace within its GRAAMPAY platform. The new feature will connect farmers directly with buyers, aiming to improve price transparency, speed up settlements, and expand access to UPI-based payments.

Viyona Fintech provides a range of UPI-based financial transaction services, including PayIn, PayOut, Virtual Account Numbers, and UPI switching. Its platform is designed to help users manage payment collections, disbursements, and reconciliation processes while ensuring security and operational efficiency.

About Viyona Fintech: Viyona Fintech is a digital payments platform offering innovative UPI-based solutions, including UPI Autopay, UPI Lite, and Credit Card on UPI services. With a strong focus on financial inclusion, accessibility, and regulatory compliance, Viyona empowers individuals, merchants, and communities by delivering transparent, reliable, and easy-to-use digital financial services across India.

Hylenr and TakeMe2Space to Test & Experiment Low-energy Nuclear Reaction (LENR) Tech for Space-based Compute Infrastructure

(L–R) Ronak Kumar Samantray, Founder of TakeMe2Space and Siddhartha Durairajan Hylenr Founder and CEO

• Hylenr and TakeMe2Space to test LENR Powered Compute Modules
• Ink MoU to test and experiment Hylenr’s Low-Energy Nuclear Reaction (LENR) technology for space-based compute infrastructure

Hyderabad based startup Hylenr Technologies, a leader in clean energy innovation, has signed a Memorandum of Understanding (MoU) with TakeMe2Space, a pioneering space-tech company, to develop and test LENR powered compute modules in space.

TakeMe2Space is actively exploring multiple energy technologies, including LENR, to assess efficient methods for heat extraction and potential reuse in its compute-focused satellites. This technology could also be applicable for deep space missions which traditionally use radioisotope based thermoelectric generators (RTGs).

Hylenr The ASTROGEN 250 — a 250 kW space-based energy generator specifically engineered to operate in extraterrestrial environments (think: the Moon, Mars, deep space missions). It’s like the HYTHERM 250’s intergalactic cousin, but tailored for the harsh, no-nonsense conditions of outer space.

As the first step of this collaboration, Hyderabad based startup TakeMe2Space, which is building LEO satellite infrastructure will provide the satellite platform and subsystems required to test Hylenr’s LENR-based thermo-electric generator in space.

"Validating our LENR technology in space is a crucial milestone, and TakeMe2Space’s platform and expertise provides the perfect opportunity to test our system in a real operational environment," said Hylenr Founder and CEO Siddhartha Durairajan. "This could open new possibilities for long-duration missions and off-grid power solutions in space."

Ronak Kumar Samantray, Founder of TakeMe2Space, added,

We are actively exploring alternative energy solutions for our in-space compute infrastructure and are excited to take this first step with Hylenr to test their technology in space. We are particularly interested in assessing how this approach can be leveraged for efficient heat management and energy reuse in our satellites.

This partnership represents a step toward exploring LENR for space, with TakeMe2Space bringing expertise in space systems and Hylenr demonstrating the viability of its LENR-based power system.

Furthermore, accomplishing this goal, will help deliver a compact, long-lasting, and clean energy source for space-based computing, possibly enabling: Long-duration missions. high-power computing in space, reduced reliance on solar power or other energy sources.

About Hylenr

Hyderabad based Startup HYLENR’s has demonstrated world’s first and a ground-breaking cold fusion technology to generate Clean Energy. This innovation has received a patent from the Government of India for its Low Energy Nuclear Reactor Technology. HYLENR’s Low Energy Nuclear Reactor is a promising alternative for power generation, by amplifying input electricity to produce heat for Space Application (MMRTG), Steam generation for multiple applications, Room Heating across cold regions globally, Induction heating for Domestic and Industrial requirements. Also, HYLENR devices can drastically decrease the risk profile for space missions. For more information : https://hylenr.com/

NVIDIA-backed SpaceTech Startup TakeMe2Space To Launch India's 1st AI Lab in Space Aboard PSLV C60

TakeMe2Space (TM2Space), an innovative space technology firm based in Hyderabad, India, is set to launch India's first Al laboratory in space, known as MOI-TD (My Orbital Infrastructure Technology Demonstrator), aboard ISRO'S PSLV C60 rocket in mid-December 2024.

MOI-TD aims to make space data more accessible, real-time, and affordable for researchers, students, and small businesses.

TakeMe2Space is part of NVIDIA Inception, a programme that nurtures startups revolutionising industries with technological advancements. Under NVIDIA Inception, startups gain access to NVIDIA's advanced hardware and software, including GPUs, deep learning frameworks, and AI tools.

The space laboratory, MOI-TD, will demonstrate real-time data processing in orbit, making space research more affordable and accessible. Thus, by processing data directly in space, MOI-TD has the potential to revolutionize industries like telecommunications, agriculture, and environmental monitoring.

MOI-TD enables real-time data processing in orbit, reducing the need for extensive ground-based data transmission and significantly lowering costs associated with space research. The platform supports applications such as environmental monitoring, deforestation tracking, maritime activity observation, and greenhouse gas emission detection.

Interestingly, a web-based console, OrbitLab, will allow users to upload AI models to the satellite platform and customize Earth observation use cases. TakeMe2Space is currently inviting interested ones to apply for waitlist.

The platform has already secured research partners, including a leading Malaysian university and a group of 9th and 10th graders from an Indian school.

MOI-TD

The satellite features flexible solar cells, AI accelerators, advanced radiation shielding, and an onboard computer.

Notably, MOI-TD is the technical demonstration version of the MOI-1 satellite. The MOI-1 satellite is a CubeSat designed and manufactured, Indegenously in India, by TM2Space. The satellite's mission is to allow users to take images of Earth and conduct space experiments.

The mission serves as a technology demonstrator for scalable, cost-effective orbital infrastructure, paving the way for future space-based computing capabilities.

TakeMe2Space (TM2Space) was founded in June 2023 by Ronak Kumar Samantaray and three of his friends. The space technology company is based in Hyderabad, India, and is driven by a vision to democratize space and make it accessible to everyone.

The space technology startup aims to build AI-first compute infrastructure in space. It designs and manufactures satellite hardware and have developed platforms such as OrbitLab and OrbitView to democratise access to space-based experiments and Earth observation.

NTT DATA Acquires Hyderabad-based ProvenTech

NTT DATA Business Solutions AG, a company of NTT DATA, has acquired a majority stake in India's 4-years-old IT services company —ProvenTech Pvt Ltd. This strategic move is aimed at accelerating growth in India, particularly in the Pharma/Life Science sector. ProvenTech, based in Hyderabad, Telangana, India, specializes in Generative AI-driven Quality Management and Manufacturing solutions for the Pharma, Healthcare, and Food Industries.

The acquisition will enhance NTT DATA's offerings by integrating ProvenTech's innovative products and services, which include SaaS solutions, automation, integration, and advisory services tailored to the pharmaceutical industry's needs. ProvenTech's expertise in SAP© S/4HANA and other enterprise software will complement NTT DATA's global presence and expand their market reach and innovation in the Life Sciences sector.

Post acquisition, ProvenTech will become a subsidiary of NTT DATA Business Solutions Private Limited in India and will operate as an independent company after the acquisition, using the brand name "ProvenTech, an NTT DATA Company".

This move is in line with NTT DATA's strategy to expand in the Pharma/Life Science focus industry and is expected to optimize the cross-selling of SAP ERP with enhanced pharmaceutical solutions in India and the APAC region. The acquisition is seen as a significant step towards transforming shopfloor processes with advanced technologies and improving operational efficiency and compliance in the pharmaceutical industry.

Founded in 2020, by Ravi Sangisetti and P. Raju Venkata, ProvenTech Pvt Ltd is focused on providing cutting-edge GenAI-driven Quality Management and Manufacturing solutions to the Pharma, Healthcare, and Food industry. The company's leadership and vision have been instrumental in ProvenTech's growth and success, culminating in the acquisition by NTT DATA Business Solutions AG.

The acquisition of ProvenTech by NTT DATA is expected to have a positive impact on ProvenTech's existing clients. ProvenTech's clients will likely benefit from the integration of advanced GenAl-driven Quality Management and Manufacturing solutions, which can improve operational efficiency and compliance in the Pharma, Healthcare, and Food industries

With NTT DATA's global presence, Proven Tech's clients may gain access to a broader range of services and support, potentially opening up new opportunities for innovation and growth.

Pioneering Speech Therapy for the Digital Age: The Wellness Hub and Speech BASICS Revolution

In a rapidly evolving world of early childhood development, one Hyderabad-based startup, Wellness Hub, is making significant strides. Recognized by the Google Play Store in 2023 for its contributions, Wellness Hub is on a mission to transform Speech Therapy, making it more accessible, affordable, and effective than ever before. This mission is critical, especially for children with special needs, such as those experiencing autism, developmental delays, and speech issues.

Tele-BASICS: A New Frontier in Online Speech Therapy

At the heart of Wellness Hub's innovation is the Synchronized Whiteboard, a tool that is revolutionizing how speech therapy is delivered. Designed to bridge the gap between therapists and clients, it enables real-time collaboration, allowing for immediate feedback and a more hands-on therapeutic session. This technology is not just another digital tool; it's a comprehensive ecosystem tailored to meet the nuanced needs of online therapy.

Introducing Speech BASICS: Mastering First Words and Beyond

In its arsenal of innovative tools, Wellness Hub has introduced Speech BASICS, an app developed by qualified Speech & Language Pathologists. The app is designed to help children learn their first words, covering a broad spectrum of categories from animals to emotions and vehicles to colors. Speech BASICS stands out by providing a fun, interactive learning experience that significantly improves children’s pronunciation, speech, and language skills. This app is especially beneficial for children facing speech-related challenges like Speech Delay, Articulation Disorders, Down Syndrome, Stuttering/Stammering, Apraxia of Speech ,Speech sound Disorders, Speech therapy for Autism, Lisp and Language disorders offering them a robust platform to practice and improve their communication abilities.

Autism BASICS App: Comprehensive Learning for Special Needs

Parallel to Speech BASICS, the Autism BASICS app offers a holistic approach to learning for children with Autism and other special needs. This app is a testament to Wellness Hub's commitment to providing an effective, comprehensive learning companion. By focusing on Behavioral, Academic, Sensory, Independent/Self-Help, Communication, and Social Skills, Autism BASICS app ensures a well-rounded development for its users.

Support for Caregivers

Understanding the journey of development is not just for the child but also involves those who care for them, Wellness Hub offers extensive resources for caregivers. From free developmental checklists to consultations with experts, the platform is designed to empower parents and caregivers, providing them with the knowledge and support needed to guide their children through their developmental milestones.

The Role of Technology in Enhancing Therapy

Incorporating technology into therapy sessions has proven to be a game-changer. Wellness Hub utilizes various technological innovations, such as augmentative and alternative communication techniques, to make therapy sessions more engaging and effective. These technologies are tailored to meet the individual needs of children, ensuring that they receive the most personalized and impactful therapy possible.

The Synchronized Whiteboard & Speech BASICS in Action

The Synchronized Whiteboard and Speech BASICS app are pivotal in Wellness Hub’s approach to speech therapy. They offer interactive and engaging methods to therapy, making it easier for children to grasp complex concepts and improve their communication skills. The real-time feedback and personalized session planning tools further enhance the effectiveness of therapy, providing a pathway to success for children with speech and communication challenges.

The Wellness Hub Commitment

At its core, Wellness Hub is driven by a commitment to ensure that speech therapy is not a privilege but a reachable goal for children everywhere. The Synchronized Whiteboard, Speech BASICS, and Autism BASICS apps are a reflection of this commitment. By leveraging technology and innovation, Wellness Hub is making strides towards a future where every child has the opportunity to express themselves clearly and confidently.

Conclusion

The journey of speech therapy is evolving, thanks to the pioneering efforts of Wellness Hub. Through innovative tools like the Synchronized Whiteboard and Speech BASICS app, the company is not just transforming therapy; it's changing lives. By making speech therapy more accessible and engaging, Wellness Hub ensures that no child is left behind in their ability to communicate. In this digital age, the company stands as a beacon of hope, proving that with the right tools and dedication, every voice can find its strength and every child can achieve their potential.

Author Bio

I am Akash Sinha, the tech brain behind WellnessHub. I’ve dedicated my work to creating tools and apps for amazing kids who might need a bit of extra support, like those with Autism or speech challenges.

Pheezee, a Hyderabad Startup’s Physiotherapy Monitoring Device, a 1st of Its Kind in the World Receives USFDA

Pheezee is designed to assess musculoskeletal and neuromuscular health.

Startoon Labs Private Limited, a Hyderabad-based ISO 13485:2016 and ISO 9001:2015 Certified medical device R&D, Engineering and Manufacturing Company with a focus on Joint health received US FDA (The US Food and Drug Administration) (510 K Exempt) clearance for its revolutionary wearable device PHEEZEE®️.

The US FDA is a regulatory agency that ensures the safety and security of drugs, devices and other products going into the US Market.

Disclosing this in a press note issued in Hyderabad, Suresh Susurla, Founder & CEO said, Pheezee is a patented technology, capable of measuring the surface Electromyogram (sEMG) of bulk muscles and Range of motion (ROM) of primary joints simultaneously, to determine joint health, making it a one-of-a-kind product in the world with this capability.

Pheezee is helpful in assessing joint health during physiotherapy post musculoskeletal, neurological, spinal cord injuries and neuro-ailments such as paralysis, hemiplegia, paraplegia, muscular dystrophy etc. It generates reports, for the first time in the field of physiotherapy, enabling patients to track their recovery. Pheezee, being an IOT-enabled device, enables telerehabilitation of the patients and allows them to continue doing physiotherapy sessions at home and still keep the referring surgeon updated about the progress.

It is a revolutionary device set to transform the way assessments, monitoring and tracking of recovery is done in the field of physiotherapy, says Mythreyi Kondapi Co-founder of the medical technology startup.

The flagship product of the company already enjoys national and international recognition. With USFDA’s nod, its reach is going to be widened even further. Now it will demonstrate its performance in the USA and many other global markets. Utilizing advanced technology like Electromyography and Range of Motion monitoring, Pheezee®️ measures and tracks the recovery of patients post musculoskeletal and neurological ailments. The device finds usage in joint health assessments in multiple musculoskeletal diseases, including arthritis, muscle dystrophy, carpal tunnel syndrome (which affects 64.4% of IT professionals), and many more in their early stages.

It is a proud moment not just for us, but for the entire medtech startup community in the state that Pheezee is now a globally accepted Made in Telangana product. What could be a better moment than this for us at Startoon Labs to see our product go global, said Suresh, a well-acclaimed professional who has 11 international publications to his credit (co-authored).

Startoon Labs is one of the most vibrant startups among 4,000 startups in Telangana.

Pheezee®️ is certified for electrical and environmental safety as per international standards and is a registered medical device with CDSCO – the Regulatory body of Govt. of India. The device is a game-changer in the field of physiotherapy and rehabilitation, Suresh adds.

As a part of the rapidly growing MedTech industry in India, valued at $10.86 billion in 2020, Startoon Labs is at the forefront of the digital technology segment. The sector is poised for growth, at a CAGR of 37% and to reach $50 billion by 2025, he adds.

The major driving forces behind this growth are the Government’s support, increased public spending, penetration of healthcare and internet, medical tourism, growing population, and increased disposable income. Digital technology in the global healthcare sector is estimated to save between $1.5 trillion and $3 trillion by 2030, making it a highly attractive investment opportunity.

Hyderabad-based Recykal Ranks 4th Among Fast Company’s 50 Most Innovative Companies 2023

Recykal ranks 4th out of Fast Company’s 50 most innovative companies, joins the ranks of OpenAI, Disney, Tiffany & Co., and more

Recykal Named to Fast Company’s Annual List of the APAC’s Most Innovative Companies for 2023

Recykal has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies APAC Region for 2023.

This year’s list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow. These companies are setting the standard with some of the greatest accomplishments of the modern world. In addition to the World’s 50 Most Innovative Companies, 540 organizations are recognized across 54 sectors and regions.

“Recykal is on a mission to transform the way we think about waste management in India. Powering sustainability by tech, Recykal isn’t just promoting a circular economy, but also creating a platform for efficient channelisation of waste. With a healthy growth and 4,00,000 MT of waste channelised till now, we aim to make waste a resource in India's sustainability game,” said Abhay Deshpande, the founder of Recykal.

Recykal recently launched a pilot Digital DRS campaign - Sabka Saath, Swachch Kedarnath in Kedarnath. 11,000 QR codes were distributed across all shops in the temple area that resulted in 52% improvement in the collection and refund rate. What intrigued the pilgrims and local government is the tech intervention where plastic waste generated could be traced back to the user. Sabka Saath, Swachch Kedarnath not only incentivized pilgrims to collect and return their bottles, but also improved the collection and recycling rates, and boosted the local recycling economy.

The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides a firsthand look at the inspiring and innovative efforts of companies across all sectors of the economy.

“What a strange and thrilling year it has been to honor this year’s Most Innovative Companies.

This year’s list compiles some of the most cutting-edge groundbreakers who are changing our world every single day, from legacy organizations like McDonald’s to upstarts like MrBeast and institutions such as NASA. Everyone on this list does something completely, uniquely different, yet, they all have one thing in common: innovation,” said Fast Company editor-in-chief Brendan Vaughan.

Fast Company will host its third annual Most Innovative Companies Summit on April 19 and 20. The virtual summit celebrates the Most Innovative Companies in business, and provides an inside look at cutting-edge business trends and what it takes to innovate in 2023. Fast Company’s Most Innovative Companies issue (March/April 2023) is available online here, as well as in-app form via iTunes, and on newsstands beginning March 14. The hashtag is #FCMostInnovative.

ABOUT RECYKAL

Recykal is a clean-tech startup headquartered in Hyderabad. As an end-to-end digital solutions provider, Recykal facilitates transactions for all stakeholders across India’s waste management & recycling value chain to promote more efficient and effective recycling of local plastic waste. Revolutionising the waste-commerce sector with digital innovations led to the recognition as a ‘Technology Pioneer’ by the World Economic Forum; other honours include Grant Thornton - Sabera Awards as a Responsible Business of the Year, Best Waste Management Digital Technology Player by Assocham, Excellence in Waste Management as a PRO by CII 3R Awards, and Best Soonicorn by BusinessWorld.

ABOUT FAST COMPANY

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.

TRST01 Launches India’s 1st Ever Blockchain-enabled Global ESG Tool – Footprint

• Hyderabad based TRST01 is India’s leading provider of blockchain solutions
• Footprint is the World’s 1st ESG Blockchain automation tool from India
• Designed to help organisations monitor, measure, analyse and report ESG performance
• In sync with the United Nations Sustainable Development Goals (SDGs)
• The tool incorporates the Sustainability Accounting Standards Board framework
• Allows Companies access to real-time verifiable environmental performance monitoring

TRST01 (TrayamBhu Tech Solutions Pvt. Limited), a leading blockchain climate-tech company, announces the launch of Footprint- World’s 1st ESG Blockchain automation tool.

It is a cutting-edge ESG automation tool designed to help organisations monitor, measure, analyse and report their environmental, social, and governance (ESG) performance. This will be first Global ESG automation tool product using web3 interface (Blockchain). 

The Footprint ESG automation tool has been developed to meet the growing demand for transparency and accountability in an organisation’s sustainability practices. With the tool's advanced features and functionalities, businesses can easily track their ESG performance and report their progress to stakeholders, investors and customers.

We must take responsibility and action to create an environmentally, socially and economically positive corporate footprint. It's a new beginning for reliable and automated environmental impact measurements powered and secured by blockchain.

“We make big promises at climate treaties and commit to ambitious goals to cut down on emissions, but are we even close enough to our sustainability targets? We must take responsibility and action to create an environmentally, socially and economically positive corporate footprint. Footprint by Trst01 is a game-changer to help you do just that”, said Prabir Mishra, CEO of TRST01

Footprint by TRST01 follows the latest ESG reporting standards, including the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), and Carbon Disclosure Project (CDP). It also in sync with the United Nations Sustainable Development Goals (SDGs) to provide a comprehensive view of an organisation's ESG performance.

One of the critical features of Footprint is its industry-specific content that offers customized materiality topics arrangement. This feature enables companies to report the most relevant ESG metrics and critical issues for more meaningful engagement with investors, customers and other stakeholders.

Another essential feature of Footprint is its supply chain management reporting. The tool allows companies to track and report their suppliers' ESG performance, providing a comprehensive view of their supply chain sustainability practices. This feature is crucial as companies increasingly recognize the importance of responsible sourcing and sustainable supply chain practices.

Footprint by TRST01 has been designed keeping in mind an organisation’s triple bottom line – People, Planet and Prosperity. This simple easy to use tool helps companies track and report on their ESG performance, supporting their efforts to reduce their environmental impact, promote social responsibility and foster economic growth.

The ESG automation tool is blockchain-enabled, providing a secure and transparent way to verify the accuracy, authenticity and reliability of the ESG data. This is particularly important as companies face increasing scrutiny and pressure to disclose accurate ESG information.

"Footprint is a vital tool for any company committed to sustainability and social responsibility," said Mr. Suraj Teja, COO of TRST01. "With its advanced features, industry-specific content, and blockchain-enabled data integrity verification, ‘Footprint’ is poised to become the leading go-to ESG automation tool for companies looking to enhance their sustainability practices which will eventually reflect positively in their profits and prosperity."

About TRST01

TRST01 (Trust O One) is a Blockchain-technology company that uses emerging technologies to address Industry Pain points on Trust, Transparency, and Traceability. Its unique technology platform TRST01 creates pure technology dominance among products and services to address the newer challenges in Digital Transformation, New Normal, and Industries 4.0. The focus is to cater to diverse industry issues by delivering Blockchain Solutions suited to business requirements. TRST01 primary focus is on Blockchain technology Climate, Agriculture and Food.

Hyderabad-based Telluris Biotech Plans to Raise $12 Mn by End of March, Becomes World’s 1st True Bio-Nematocide to Get Referral by the Biochemical Classification Committee

• Genome Valley, Hyderabad-based agriculture biotech Startup Telluris Biotech receives Biochemical Classification from the United States Environmental Protection Agency (USEPA).
• Telluris Biotech plans to raise 12mn US $ by end of March
• The classification is the first and the most important step in the technology evaluation for its claims to be registered as Bio-pesticides: Venu Polineni, Founder and the Managing Director of Telluris Biotech
• It is the world’s first True Bio-Nematocide to get referral by the Biochemical Classification Committee.

Telluris Biotech, a Hyderabad-based company engaged in the manufacturing and supply of crop protection solutions for farmers and growers receives Biochemical Classification it received from the United States Environmental Protection Agency (USEPA). The USEPA is the Agency responsible for the registration of safe and sustainable products in the United States of America, informed Mr Venu Polineni, Founder and the Managing Director of Telluris Biotech India Pvt. Ltd, addressing a press conference in Hyderabad on Friday.

It is the world’s first True Bio-Nematocide to get referral by the Biochemical Classification Committee Venu added.

Giving the company’s achievements on multiple fronts Venu Polineni said Telluris Biotech product technology received referral by the Biochemical classification committee (“the Committee”) of the United States Environmental Protection Agency (“USEPA”). The Committee is a key referral body under the Biopesticides and Pollution Prevention Division (BPPD) of the USEPA. The biochemical classification is the first and the most important step in the technology evaluation where the technology is evaluated for its claims to be registered as Biopesticides. Biopesticides are presumed to be safe and act in harmony with nature, unlike conventional chemical pesticide molecules which are known for their deleterious effects.

Group pic of Telluris Biotech

Giving details about the company Venu said that they have raised so far US $ 3 million from Innovation in Food and Agri Fund. They have currently 130 resources working. The number will be raised to 225 by the end of 2024. They plan to raise 12 million Series A Funding by end of March 2023. We have 8 products in Indian market. They are bio stimiulants. They are used for cotton, Chillis, Turmeric and others, he stated.


The inventiveness of the technologies Telluris Biotech worked upon to control the plant parasitic nematodes: Plant parasitic nematodes cause an average of 12.3% annual yield loss ($ 157 billion) of the world’s major crops and have become a serious concern for which farmers are eagerly waiting for safe sustainable solutions.


Telluris Biotech has developed three nematicides technologies and is developing products from these technologies. These products are intended to make a significant impact on productivity and quality of crops across major agricultural markets like India, USA, EU, LATAM and ECOWAS regions shortly.


The company filed 39 patent applications in 13 major agriculture markets. 19 patent applications are granted in 11 geographies: USA, EU, Japan, India and China etc, to name a few.


Patents are the most important instrument of protection for technologies under the world trade regime as it derives from the Trade-Related Aspects of Intellectual Properties rights (TRIPS) of the World Trade Organisation (WTO). Patents are an instrument of protection while entering the world market with a product of huge value and developed by investing a significant amount of time, money and other resources.


Telluris Biotech is also a formidable player in the Indian market with specialty nutrition products of Bio-stimulants. Bio-stimulants are a much-discussed topic in the field of fertilisers, nowadays. The government of India is the first country in the world which has acknowledged and notified an administrative instrument to regulate the manufacture and sale of Bio-stimulants in India. The Bio-stimulants owing to their potential to reduce the use of chemical fertilisers and provide sustenance to plants in abnormal environmental conditions have drawn attention to all the established players in the field of Agriculture input chemicals. Telluris Biotech has received provisional registration for its Biostimulant products which are crucial for manufacturing and selling Bio-stimulants in India.


Bio-stimulant regulation is new in India and notified in the year 2021 only. The regulatory mechanism is under development and evolving swiftly. Telluris Biotech, to keep pace with time has focused on developing multiple products in the category of Amino acids and protein hydrolysate of Bio-stimulant


Telluris Biotech is living up to its philosophy and commitment to “Protecting What The World Sows” envisions: to bring safe, sustainable, and effective products in the field of crop insect pest management. To begin with, Telluris Biotech is bringing the plant parasitic nematode control products to address the problem which is plaguing agriculture with its vast range of species diversity and hosts. The tiny slender microscopic worm, the nematode, has 28,000 species and 16,000 species that are parasitic to crop plants. Alone the species of Meloidogyne incognita, an endoparasitic Root Knot Nematode (RKN), has a host range of 2000 plants. Nematodes alone or in combination with other soil microorganisms attack almost every part of the plant including roots, stems, leaves, fruits and seeds.


Also, its vision is to optimise the use of chemical fertilisers, without disrupting the yield and quality of the crop produced. Increase the nutrient use efficacy along with reducing the carbon footprint by reducing the greenhouse gas emission by its product.


About Telluris Biotech

Telluris Biotech, founded by Venu Polineni in 2015 with its mentor and co-founders, Dr Alejandro Calderon urrea and Dr Glenda W. Polack, is a Genome Valley, Hyderabad-based agriculture biotech Startup focused on innovative protein-based biological solutions. Telluris Biotech is pioneering the research, development and commercialisation of sustainable crop biotechnology products that are affordable and highly efficacious in controlling major pests and providing crop nutrition. Telluris’ products are addressing a US$ 67 bn+ global market opportunity in a fast-growing Crop Biologicals market responding to megatrends viz., sustainable food ecosystems, and stricter regulations. Investing partners: Telluris biotech received its Seed fund in the year 2019 of 2.3 MN USD from the Innovation in Food and Agriculture Fund, a scheme of Sathguru catalysers Trust. The funds were efficiently utilised to achieve the stages of current accomplishments. Telluris Biotech looks for series A investment funds to scale up its operation to bring its status from a start-up to full scale corporate enterprise.

India Accelerator’s iAngels invests in Hyderabad-based B2B Procurement startup - Badhaan.com

Badhaan.com – a data-driven India’s first full-stack FoodTech platform for restaurants has recently secured an undisclosed amount in the seed funding round led by India Accelerator. The investment round also witnessed participation from HNIs & Industry veterans such as Mr. Pramod Veturi, Sivaram Vallampati, Anand Mahadevan and others.

The company plans to utilize the acquired funds for business expansion, launching private label brands, and platform development.

In a short span, Badhaan is making significant contributions to the food industry by allowing restaurants to manage their inventory position seamlessly as well as procure in bulk and get access to flexible payment terms. It also provides a state-of-the-art smart inventory management platform that tracks and predicts restaurant inventory needs. 

Talking about the company vision, Vishnu Vikyath G, Founder of Badhaan.com said, "What Badhaan does is improve a restaurant/cloud kitchen's bottom line, inventory position and cash-flow. Our vision has always been to empower business financially and that's what drives real value in B2B markets."

"Raw Material procurement accounts for 35% of a restaurant's cost structure and presents a host of challenges from SKU Management, Quality & Delivery Consistency and Cash Flow Management. There is immense potential for a data-driven platform to disrupt the market, and Badhaan is doing just that. We are excited to partner with them in their mission to organize the restaurant procurement" – Munish Bhatia, Co-Founder of India Accelerator.

Restaurant procurement is a $70 Bn market in India and is growing at 10% CAGR. Tracking and maintaining adequate inventory levels is a daunting task for restaurant owners and supply chain managers as a typical restaurant chain has over 800 SKUs. Inefficiencies in doing so lead to inventory stockouts, eroded bottom line and cash flow shortages.

Founded in Nov 2021 by Vishnu Vikyath G and Manoj Mareedu, Badhaan.com is a DPIIT-approved venture accelerated by India Accelerator. The platform offers raw material procurement and a smart inventory management platform for restaurants. The technology and data-driven inventory platform help restaurants track, predict and fulfill their procurement requirements.

Within a year of its inception, Badhaan has already partnered with some of the best-known kitchen chains and restaurant chains in Hyderabad. The FoodTech platform has helped its clients reduce stockouts and wastages by 15%, along with a 10% - 15% improvement in procurement costs. 

Badhaan has delivered 1000+ orders to more than 100 trusted customers. Currently, it serves two cities – Hyderabad & Chennai and plans to expand its presence in 2 more cities by the end of FY23.

About India Accelerator

India Accelerator is the first GAN partnered accelerator in India, endeavoring to provide 360-degrees cross-functional mentorship, business growth and funding to entrepreneurs. Government of India has recognised India Accelerator (IA) as the 'Best Accelerator of the Country!'. IA has created a vibrant entrepreneurial ecosystem in the country, have got 150+ startups under our portfolio, and have 1400+ mentors in our network who help startups in our industry-focused specialized verticals (HealthTech, AgriTech, Social, Energy, FinTech, Web 3.0, B2B SaaS, etc.). They work closely with Corporates and academia to help promote the development of an entrepreneurial mindset and generate innovative solutions to their real-world problems.

Indian Startup Kheyti Among 5 Winners of 2022 Earthshot Awards

Indian Startup 'Kheyti' that offers solution to local smallholder farmers to reduce costs, increase yields and protect livelihoods, has received this year's prestigious ‘ Earthshot ’ award. Kheyti was selected for the award along with 4 other winners. Earthshot awards is an initiative launched by Prince William under which a prize money of one million pounds is given to each winner.

Kheyti was declared the winner in the "Protect and Restore Nature" category. Earthshot said in a statement that small farmers under this category should reduce costs, Leading solutions are provided to increase yields and save livelihoods in the country in view of climate change.

Over 1000 applications from around the world were considered, with 15 finalists from 10 countries chosen through a selection process supported by an expert advisory panel.

The final five winners were selected by The Earthshot Prize Council, a diverse team of influential individuals which include: HRH Prince William, Her Majesty Queen Rania Al Abdullah of Jordan, Sir David Attenborough, Dr Ngozi Okonjo-Iweala, Indra Nooyi, Shakira Mebarak, Christiana Figueres, Luisa Neubauer, Cate Blanchett, Yao Ming, Daniel Alves Da Silva, Ernest Gibson, Hindou Oumarou Ibrahim, Jack Ma, and Naoko Yamazaki.

About Kheyti 

Kheyti has developed a “Greenhouse-in-a-box” – an affordable, modular greenhouse bundled with full stack services that uses 90% less water, grows 7 times more food and gives farmers a steady dependable income.

Its Greenhouse-in-a-Box is designed for small-hold farmers and the crops they grow, offering shelter from unpredictable elements and destructive pests. Kheyti also trains and supports farmers to ensure their greenhouse is as effective as possible.

Kheyti's Greenhouse-in-a-Box are 90% cheaper than a standard greenhouse and more than doubling farmers’ incomes thus helping them invest more in their farms and their children’s education. Using less water and fewer pesticides, they are protecting the planet too.

According to Earthshot, about 1,000 farms in 6 Indian states have a Kheyti greenhouse at present. By 2027, Kheyti is aiming for 50,000 farmers to have a Greenhouse-in-a-Box.

Based out of Hyderabad, Telangana, Kheyti was founded in 2015 by Ramana Gupta, Kaushik Kappagantulu and Sathya Raghu V Mokkapati.

In last year's Earthshot awards, India’s Takachar was the winner of "Clean Our Air" category. Takachar has developed a cheap, small-scale, portable technology that attaches to tractors in remote farms. The machine converts crop residues into sellable bio-products like fuel and fertilizer. 

 

About Earthshot Awards

Inspired by President John F. Kennedy’s Moonshot challenge in the 1960s, which united millions of people around the goal of putting a person on the moon within a decade, The Earthshot Prize aims to discover and help scale innovative solutions that put the world firmly on a trajectory toward a stable climate by 2030 – a world in which communities, oceans and biodiversity can thrive in harmony.

Microsoft Invests $150K in An Engg. Student Founded Startup SCOPE, Selected for the Incubator Program

Given that the program has an acceptance rate between 1% and 3%, SCOPE has proved its mettle against millions of other startups emerging in the market

SCOPE will receive benefits like mentorship, access to startup-friendly offers from Microsoft and powerful development tools, including GitHub and Microsoft 365

Making substantial strides in the fast-evolving and growing entrepreneurial ecosystem, SCOPE, a pioneering and holistic new-age platform for budding entrepreneurs, venture capitalists, investors and industry experts, has added another feather to its cap. The brand has been selected for the Microsoft Startup Incubator Program, which includes an investment of USD 150K. Considering the program has an acceptance rate between 1% and 3%, SCOPE’s selection is a testament to its growth, progress, and potential.

Appalla Saikiran, Founder & CEO of SCOPE

Being backed by Microsoft for the tech giant’s Incubator Program comes with several high-end benefits, which will now be at SCOPE’s disposal. This includes access to productivity and development tools including GitHub and Microsoft 365, mentorship opportunities from business leaders and technical maestros and passage to pro-startup offers from Microsoft partners. The Startup Incubator Program is renowned for providing access to technology, go-to-market and community benefits to emerging startups to expand their operational base.

Appalla Saikiran, Founder and CEO of SCOPE, said, “This opportunity couldn’t have come at a better time for SCOPE. We are thrilled to be a part of the Microsoft Startup Incubator Program and plan to make the best of this window. At SCOPE, while we are gradually progressing and growing, there are a few critical areas where we need the guidance of experts to ensure long-term success. The program promises everything we require, including crucial funding, mentorship opportunities, productivity and development tools. We are optimistic that this milestone in SCOPE’s journey will accelerate its growth trajectory.”

About SCOPE

Everyone aspires to be an entrepreneur. It is regarded as a badge of honour. At the end of the day, however, it is a long journey without a map. To be successful, one must be a self-starter who maintains a constant sense of optimism and passion for one's own ideas. That's where SCOPE comes into the scene as a social media platform that opens up new doors to various aspects of the global start-up ecosystem.

Headquartered in Hyderabad, SCOPE, the brainchild of young entrepreneur Appalla Saikiran, strives to empower change-makers in the start-up ecosystem through 3Cs - Connect, Collaborate, and Create – to encourage, inspire, and guide aspiring entrepreneurs in their quest to turn their dreams into reality.
SCOPE is unique in its customer-centricity and focus on delivering value to its patrons. It has aligned its success with its customers, who only pay for performance in the services they select and when results are delivered. The brand ensures complete value for the user's money.

In its capacity, SCOPE is reimagining the potential of a networking platform and envisions becoming the world's largest platform which acts as a catalyst for opportunities for the global start-up ecosystem. Over the next few years, the company aims to emerge as one-stop shop for entrepreneurs, investors, mentors, and working professionals.

 
A teen Telangana-based entrepreneur, Saikiran founded SCOPE at the age of just 17. He is currently a first-year BTech Data Science student at Manipal University, Jaipur. Even before crossing the threshold of his teen years, Saikiran is already leading a prosperous professional career. He completed his Junior CEO program certified by Brown University. He also received the monumental Global Kids Achievers Award for developing SCOPE’s avant-garde application. He was also one of the top-100 students across India selected by Google to visit their office.

Through SCOPE, Saikiran is committed to initiating a common platform where people can connect, collaborate and create together with like-minded people. The platform will help the younger generation to take charge of their lives, summon opportunities instead of waiting. It is the brainchild of a teenager striving to create a revamped networking platform that directly impacts numerous lives.

T-Hub and Hyderabad Angels Partner to Drive Venture Investment Opportunities for Startups

• The partnership aims to provide technology-driven startup companies access to capital, mentorship, and guidance.
• Hyderabad Angels’ commitment to supporting the rapidly growing Indian startup ecosystem, especially Hyderabad, and T-Hub’s innovative prowess, will further strengthen the innovation ecosystem in India.

T-Hub, which leads India’s innovation ecosystem, today announced its partnership with Hyderabad Angels, the Leading angel Investors in Hyderabad, for more than a decade and also in India. With this collaborative partnership, T-Hub and Hyderabad Angels aim to drive innovation and venture investment opportunities for technology startups in the country.

Through its vast network, Hyderabad Angels will provide access to investment opportunities from India, the USA, the UK, Singapore, Dubai, and UAE, among other countries, to the startups. It will also have a presence at the new facility of T-Hub, the world’s largest innovation campus, creating substantial synergies between Hyderabad Angels and T-Hub stakeholders, especially the startups. The collaboration paves the way for the technology-driven startup with growth opportunities and global exposure.

MSR (Mahankali Srinivas Rao), CEO of T-Hub, said, “Our various collaborations with ecosystem enablers continue to expand the more we learn about our entrepreneurs’ requirements. Joining forces with Hyderabad Angels elevates our value proposition, and we look forward to creating an impact together for our startup community. This will play a key role in providing the startups with access to cutting-edge technology, mentorship, funding avenues and tools they require to accelerate their innovation agendas.”

The partnership will empower T-Hub entrepreneurs to scale globally enduring homegrown technology startups with access to capital, mentorship, and guidance from the Hyderabad Angels. In addition, this will enable T-Hub to introduce Hyderabad Angels to its tech innovation ecosystem and facilitate exclusive meetings with startups and other stakeholders.

Rajesh Manthena, Chairman of Hyderabad Angels, said, “Hyderabad Angels have successfully invested in 60+ startups till date and works very closely with companies and their founders to improve their chances of success and extend their market access. We are very excited about this collaboration with T-Hub as we are sure this can really add tremendous benefit to the startup ecosystem.”

T-Hub’s programs have been successfully scaling startups in partnership with a robust ecosystem of partners. T-Hub, to date, has impacted over 2000 startups through various programs and initiatives, has over 600 global and national corporate partners and has provided 2000 mentor connects to help the startup scale. T-Hub will continue to drive collaboration between startups and leading innovation ecosystems worldwide, providing global market-access opportunities to startups.

T-Hub (Technology Hub) is an innovation hub and ecosystem enabler. Based out of Hyderabad, India, T-Hub leads India’s pioneering innovation ecosystem and is the world’s largest innovation campus. Over the six years, T-Hub has pivoted around the 6Ms (Mentorship, Money, Market Access, Motivation, Mindset, Manpower) and 2Ps (Partnerships & Policy advisory) framework with a mission of driving results and collaboration for entrepreneurs’ success. It has delivered 100+ innovation programs so far, creating an impact for startups, corporations, and other innovation ecosystem stakeholders. Since inception, it has provided over 2000 national and international startups with access to better technology, talent, mentors, customers, corporates, investors, and government agencies.

Hyderabad Angels (HA) is a decade-old Angel network in India that invests in early-stage companies and believes in Fostering the Entrepreneurs to build their startup and growth in various stakeholders in the startup ecosystem. HA provides Innovative business ideas and entrepreneurs with capital, mentorship, and guidance. HA members are leading venture capitalists, entrepreneurs, and business leaders who, with their financial and commercial acumen, are committed to providing support to the rapidly growing Indian startup ecosystem. HA has investments in 60+ startups till date with 12 + Exits as of date with a high growth IRR. It has 100-plus members from diverse backgrounds with strong operational experience to scale and creates value for companies. In addition, HA works closely with other early-stage VCs, Accelerators, and Incubators. HA believes in thinking like a VC invest like an Angel in fostering entrepreneurship in the Indian startup ecosystem, which is a win-win for both Angels Investors and Startup Founders.

London-based Qualitest Acquires Hyderabad-based Quality Engineering Company ZenQ

The acquisition expands Qualitest’s NextGen capabilities while extending the company’s operations in India

Qualitest, the world’s leading AI-powered quality engineering company, announces today the acquisition of ZenQ PvT Ltd., an India-based software testing company. This acquisition not only extends Qualitest’s strong geographical footprint in India with ZenQ’s facilities in Hyderabad, but also adds to their NextGen capabilities in Phygital, Analytics, Blockchain, and DevOps. Through this acquisition, Qualitest will add ZenQ’s 600+ quality engineers to its ranks, along with an energetic and effective leadership team that will support Qualitest’s growth and deepen its expertise.

Founded in 2003, ZenQ is a leading provider of software testing services in various industries, including healthcare, BFSI, education, and retail. ZenQ’s clients will benefit from Qualitest’s technologically advanced quality engineering solutions, positioning the combined businesses as the preferred digital transformation partner with expansive global resources.

“Becoming a part of Qualitest means becoming a part of something bigger,” said Murali Bollu, CEO of ZenQ. “Qualitest and ZenQ share a common vision to provide the most advanced and customer-centric quality engineering capabilities available in the world. By joining forces, we will leverage our varied expertise to assure the quality of our clients’ deployments and their overall operational readiness.”

“The acquisition of ZenQ represents yet another milestone in our journey to become the world’s preferred Quality Engineering firm,” said Anbu Muppidathi, Qualitest CEO. “ZenQ has cultivated excellent relationships with its clients and nurtured a strong innovation culture. I look forward to us working as one team, serving our clients together, and being able to offer innovative solutions to accelerate digital transformation."

Hyderabad-based Quantum Energy Forays Into Electric Two-Wheelers; Launches 4 New EVs

Quantum Energy showcases its upcoming EV high-speed scooters and signed an MOU with MBI Korea to bring advanced technology into India in high-speed scooters. Quantum Energy is an electric mobility company in the design, development, and manufacturing of electric scooters under Make in India. It is backed by the prestigious Kusalava group which has been in the automotive industry for the past 50 years. It has its R&D center in Bengaluru and the manufacturing facility at Pashamylaram in Hyderabad, Telangana.

M. Venkaiah Naidu Vice President of India with Quantum Energy EV Vehicles

M. Venkaiah Naidu Vice President of India appreciated Quantum Energy’s scooters and its initiative in reducing the carbon footprint making India a cleaner and a greener country and urges the companies to manufacture more EV vehicles to make India more Eco Friendly. Electric Vehicle overall emission of these pollutants is lower because they produce significantly less exhaust and plays a crucial role in making our country less polluted.

Quantum Energy showcases its four EV Scooters named Plasma, Elektron, Milan and Bziness and offers a wide range of powerful, efficient and cost-effective EV scooters for all its customers. When it comes to the specific models, the New Plasma powered by a 1500w motor will clock a top speed of 60 km/h. In terms of range, a rider can expect to cover over 110 km -130 km on a single full charge. Elektron, Milan come with a 1000W motor power and Bziness comes with a 1200W motor power, clocks a maximum speed of 50km/h with range of 80-100kms in different riding modes.The e-scooters are powered by advanced Lithium-ion batteries which get fully charged in 4hrs. The company is hopeful to make a mark in India’s embryonic EV two-wheeler market.

Speaking on the occasion, Mr. Chakravarthi Chukkapalli, Director Quantum Energy limited said “Quantum energy scooters have been developed with technology to deliver the best range without compromising on the performance. The focus has been on building high quality products at affordable prices in the Indian market.

The batteries are powered by a smart BMS with multilevel safety protections to make sure they are extremely safe. The products have good gradeability for dual riders and riding uphill. Quantum has registered multiple design and utility patents. The scooters have been rigorously tested and validated for Indian road conditions, he concluded.

Quantum Energy scooters will be available for commercial sale from October2022.

Construction Aggregator Hocomoco Rebrands to Wehouse, Raises $1 Mn in Pre-Series A Round

The tech-enabled construction aggregator will utilize the funding to ramp up the technology platform and expand its team size to cater to its Pan India expansion plans.

The Pre-Series A funding round was led by Anthill Ventures and a group of angel investors.

Hyderabad-based tech-powered construction aggregator, Hocomoco, has recently rebranded itself to Wehouse and raised USD 1 million from Anthill Ventures and a group of angel investors in its first funding round. The funding will be utilized to upgrade the technology platform and hire for key roles in its expansion to cities pan-India.

Wehouse is a tech aggregator platform that facilitates end-to-end construction services, helping customers build their dream homes. The startup simplifies the construction process by bringing all entities involved in building a home, together, under one roof. It provides end-to-end services from legal permissions, architectural structural design, and construction execution to interiors and monitoring services. It also offers e-monitoring, which enables customers to check the progress of the work and material consumption on-site through photos and videos of work, and notifications. Thus, providing a surveillance-secured project site to prevent theft and damage throughout the project.

Speaking about the funding and the rebranding, Sripad Nandiraj, Co-Founder and CEO, Wehouse, said, “Reinventing is an important part of keeping a corporate entity relevant and aligned with its entrenched entrepreneurial ethos. Our new name embodies our industrial and individual worldview. It means we, as a company and our clients, are building their dream home together as a family. Our recent funding is an indication that we are moving in the right direction, and it gives us immense pleasure that investors are showing faith in our brand and traction thus far. The funding will be used to bolster our tech and prime us for scalability. Currently, more than 2000 workers are indirectly employed on different projects across Wehouse’s projects. We want to keep increasing this number and give these workers more jobs as we grow."

Sailesh Sigatapu, Partner at Anthill Ventures said, “We are thrilled to invest in Wehouse. As a company, they are redefining how technology is being applied to construction and home-building, and we are excited by their vision and innovation in this space. We firmly believe that a startup like Wehouse with its technology-first approach and deep domain expertise has a large opportunity to organize this fragmented market. This is just the beginning of our bold bet in this space, as we look forward to the launch of the first cohort of Gruhas ASPIRE, a scaling program for early-stage proptech companies in India.”

The construction industry is expected to grow from $250 billion in 2022 to $530 billion in 2027, with a compound annual growth rate of 7.8% and Wehouse aims to capture a fair share of this growing market. The new funding comes on the heels of a major commercial milestone of Wehouse completing 1 million square feet of built-up area. They are slated to touch INR 100 Cr of booked revenue in the next few months.

About Wehouse: Wehouse is a tech-powered construction aggregator platform that facilitates end-to-end construction services, helping their customers build their dream homes. The platform takes care of the legal permissions, architectural structural design, construction execution, interiors and monitoring services. The startup intends to simplify the construction process by bringing together all entities involved in the home-building phase. Wehouse is established on the 4T idea, which stands for Transparency, Time Saving, Tracking, and Adoption of Technology.

Founded in 2017, the foundation behind Wehouse’s pioneering proptech framework is to reform the way construction is currently being done. The platform enables customers to build their homes from scratch by connecting them to the best partners in the construction industry. By pooling the best partners, they are creating the most seamless platform that can assist in the construction of dream homes for its patrons. The spearhead leading the helm at Wehouse is Mr. Sripad Nandiraj, as the Founder and CEO. Under the industrious team, the company has been able to successfully complete 200+ projects and has a built-up area of 1 million square feet.

Manifesting an overarching attitude, Wehouse presents a very project-agnostic stance. The company’s trailblazing bouquet of offerings truly demonstrates a one-stop-shop for all construction concerns and requirements. The stack of services includes residential construction, commercial construction, assistance in project management, assiduous architecture and structuring, and interior designing and styling smart homes. All of this is orchestrated through the best aggregated partners available on their platform.

The philosophy ingrained within Hocomoco is to reform the construction journey of their customers. The company employs a tremendously transparent workflow where a five-point process is followed. This process entails understanding client requirements, mapping costs, providing scheduled visits for the project owners, smooth work execution, and hassle-free delivery. Client satisfaction is central to the company’s being, therefore an e-monitoring facility has also been integrated within the platform. This feature enables customers to check the progress of work and material consumption online. It also provides a surveillance-secured project site to prevent theft and damage, photos and videos of work, and notifications to communicate work progress throughout the project.

The company’s vision is to become India’s largest one-stop integrated tech-based construction aggregator platform for all residential building requirements. Sitting squarely at the intersection of technology’s merger with proficient construction aggregation, Wehouse is providing the right quality for the right price and redefining construction. The brand wishes to provide a network that allows customers to eliminate their footwork and make everything available with a single click. They are more than just mediators in the process of home construction; they are present at each and every step until the end result is successfully achieved.

Hyderabad based eWheelers Mobility Unveils State-of-the-art EV Fulfillment Centre

Vasu Deva Reddy Beerala, CEO of eWheelers

eWheelers Mobility, India’s largest marketplace for electric vehicles began the new year by introducing its new two-wheeler Electric Vehicle Fulfillment Centre in Hyderabad. The newly designed EV Fulfillment facility is built to facilitate faster deliveries and be more agile in meeting the growing demand for electric vehicles in India.

The Fulfillment Centre is now operational in the heart of Hyderabad, at Yashoda Nagar area, and is built with the latest technology and state-of-the-art facilities. The new facility will be a major step towards achieving the Company's goal of providing a doorstep delivery experience to its customers.

The eWheelers EV Fulfillment Centre is a revolutionary new sustainable supply chain centre that has been specifically designed to help electric vehicle manufacturers overcome the obstacles they face during scaling up their business. And at the same time, it will also accelerate the process of EV adoption in India.

  
Speaking at the recent opening of the EV Fulfillment Centre, Vasu Deva Reddy Beerala, CEO and Founder of eWheelers Mobility said, “EVs are very much in demand for their economical and efficient performance – the choice many buyers are making for their daily commute requirements.

eWheelers Mobility has been a trusted brand for people who seek hassle-free solutions to meet their everyday transportation needs. With the opening of our new EV Fulfillment Centre in Hyderabad, we are working hard towards providing clean mobility solutions to everyone.”

Running an electric vehicle business requires a lot of logistics and infrastructure support. And electric vehicle manufacturers face several challenges when it comes to selling their products in the market. Lack of warehousing, complicated packaging and handling processes are some of the big challenges faced by EV manufacturers.

Developing a dealer network and preparing for the last mile delivery are challenging too. With eWheelers EV Fulfillment Services, now the OEMs can enter the market with just one model and take their products to the customers right away instead of waiting to produce many models in order to make sales networks viable.

 

"eWheelers Mobility is also planning to open three new Fulfillment Centers in Maharashtra, Madhya Pradesh, and Karnataka soon. With the present 2 Fulfillment Centers in Delhi and Hyderabad, the new ones will support the fast-growing market of electric vehicles in India. The new Fulfillment Centers will help in improving the lead time by reducing the time to reach the customer by improving the supply chain,” he added.

“The EV Fulfillment Centre will have a wide range of electric vehicles like eScooters, eMotorcycles, eBicycles, eHoverboards, and eSkateboards and help the consumers find the right EV as per their needs,” said Anantha Reddy, managing partner of the EV Fulfillment Centre, Hyderabad.

The eWheelers Fulfillment Centers will play a great role in the adoption of electric vehicles in India. The company has already tied up with many electric vehicle manufacturers and is planning to go big in this sector.

The electric vehicle industry is expected to grow around 90% year over year during the next decade. And many EV manufacturers are preferring eWheelers Fulfillment Centers for making the delivery process hassle-free and efficient.

About eWheelers Mobility l www.ewheelers.in

eWheelers.in, owned and operated by eWheelers Mobility Solutions Pvt. Ltd., is working on integrated technology solutions that allow faster adoption of electric vehicles to encourage eMobility. Since our founding in 2015, we have dedicated ourselves to the concept of electric mobility. Our previous projects in eMobility motivated us to further pursue our goal so that eMobility soon becomes a reality.