It's same which came on sharktank? Then hope they upped quality because as per revie2s it felt more like project car and not so good construction material. Hope they rectified those gremlines, as this car has good potential.
The Future of India Inc: Companies to Watch out for
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On this #WorldQuantumDay, QpiAI is thrilled to announce the launch of QpiAI-Indus, India’s most powerful Quantum Computer featuring 25 superconducting qubits, with an ambitious roadmap to scale up to 128 NISQ qubits within the next two years and 100 logical qubits by 2030.
QpiAI-Indus is the first full-stack quantum computing system in the country integrating advanced quantum processors, next-generation Quantum-HPC software platforms, and AI-enhanced quantum solutions. With this milestone, QpiAI is driving deep-science and deep-tech innovation across life sciences, drug discovery, materials sciences, mobility, logistics, sustainability, and climate action.
The World Quantum Day marks a shared vision for a quantum-enabled future that transforms industries, accelerates scientific discovery, and empowers the next generation of innovators. QpiAI joins the global community of scientists, engineers, policy makers, and enthusiasts in celebrating the remarkable progress and possibilities unlocked by quantum science and technology.
Join us in shaping what’s next to build the future of quantum. Learn more about us https://lnkd.in/gNBTRQ5Q!
View: https://x.com/qpiai/status/1911768016070877509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1911768016070877509%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=
QpiAI-Indus is the first full-stack quantum computing system in the country integrating advanced quantum processors, next-generation Quantum-HPC software platforms, and AI-enhanced quantum solutions. With this milestone, QpiAI is driving deep-science and deep-tech innovation across life sciences, drug discovery, materials sciences, mobility, logistics, sustainability, and climate action.
The World Quantum Day marks a shared vision for a quantum-enabled future that transforms industries, accelerates scientific discovery, and empowers the next generation of innovators. QpiAI joins the global community of scientists, engineers, policy makers, and enthusiasts in celebrating the remarkable progress and possibilities unlocked by quantum science and technology.
Join us in shaping what’s next to build the future of quantum. Learn more about us https://lnkd.in/gNBTRQ5Q!
View: https://x.com/qpiai/status/1911768016070877509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1911768016070877509%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=
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World's First all-electric jet engine successfully tested in Pune by deeptech aerospace startup SiriNor - Punekar News
Business - World's First all-electric jet engine successfully tested in Pune by deeptech aerospace startup SiriNor
www.punekarnews.in
Very unusual development in the sense that it was completely under the radar.
Ravin Group, manufacturer of cables, international presence
businessindia.co
Evolving and energizing, the Ravin way
Established in 1950, the same year India became a sovereign republic, Ravin Group has been at the forefront of transforming the nation’s power and energy infras
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Sedemac is building 'Bosch' of India.
Built by a Professor and his students.
Lets decode their inspiring journey.
Academic Roots: Shashikanth Suryanarayanan, a UC Berkeley PhD, left a GE engineering role to join IIT-Bombay in 2004, driven to create impactful tech in India.
Student Spark: Three IIT students, Manish Sharma, Pushkaraj Panse, and Amit Dixit teamed up with Shashi, facing initial struggles to secure industry projects.
TIFAC Breakthrough: In 2007, a INR 1 crore TIFAC grant funded their fuel injection system, cutting two-wheeler emissions by 95%, a pivotal early win.
SEDEMAC Founded: Launched SEDEMAC Mechatronics in 2007 to build electronic systems for small engines, battling skepticism about Indian hardware startups.
First Deal Struggles: Secured INR 25 lakh from a two-wheeler OEM in 2008, but faced doubts from larger OEMs reluctant to trust an unproven player.
Early Funding Hurdle: Raised $3.2M in 2008, a rare feat when deep-tech investment was scarce, enabling product refinement despite market skepticism.
Electronic Governor: Developed a cost-effective “electronic governor” for variable-speed engines, outshining pricier global rivals like Woodward.
OEM Resistance: Faced rigorous scrutiny from OEMs’ R&D and procurement teams, overcoming trust barriers with engineering excellence and persistence.
Niche Market Win: Targeted overlooked two-wheeler and genset markets, signing marquee clients like TVS, Bajaj, and Mahindra by 2011.
Retrofitting Vision: Post-2008 crisis, identified a fragmented retrofitting market for aging vehicles, navigating chaotic local mechanic networks.
Vertical Integration: Bucked outsourcing trends with in-house manufacturing in Vikhroli, Mumbai, ensuring quality and cost control amidst rising raw material costs.
Global Debut: By 2014, showcased at international auto shows, expanding into marine and stationary power systems despite limited brand recognition.
Patent Defense: Filed early patents to protect innovations, safeguarding against imitators and building customer confidence in a competitive landscape.
Service Network: Trained distributors and technicians from 2016, transforming basic support into a skilled network to boost customer trust.
Revenue Surge: Grew from INR 37 crore in FY16 to INR 141 crore by FY18, a 280% leap, nearing profitability despite operational scaling challenges.
ISG Innovation: In 2019, pioneered the world’s first sensorless integrated starter generator for two-wheelers, overcoming R&D complexity for cost savings.
BS-VI Challenge: Faced disruption as India’s 2020 BS-VI norms favored fuel injectors, but leveraged 2008 EFI research to supply OEMs globally.
Pandemic Resilience: During 2021’s semiconductor shortage, SEDEMAC’s EFI units and ISGs filled supply gaps, tripling revenue to INR 429 crore by FY23.
Investor Outreach: Hosted 2022 investor calls to demystify deep-tech, attracting private equity and OEMs, a bold move to bridge market gaps.
$100M Milestone: Raised $100M in May 2024 at a $260M valuation, with early investors earning 15x returns, validating years of grit.
Manufacturing Push: Allocated $9M for a new plant in 2024, enhancing capacity to meet surging demand in India, the US, and the EU.
EV Ambition: Launched sensorless motor controllers for EV two-wheelers in 2024, tackling hub motor failures, a global first with no direct competitors.
Genset Goal: Aims to power one in four gensets (up from one in ten), challenging giants like Cummins in a $4.5B Indian market by 2025.
Scale and Impact: By September 2024, hit INR 600 crore in revenue, 100 crore EBITDA, powering 5 million vehicles and 1 million generators.
Global Expansion: Established distributor networks in Africa and the Middle East, with plans to penetrate the US and China markets in 2025.
Cultural Core: Maintains an R&D-driven culture from IIT roots, balancing profitability, rapid growth, and deep-tech innovation, a rare Indian trifecta.
India needs more such stories, to build a real deeptech base.
Company website;
Built by a Professor and his students.
Lets decode their inspiring journey.
Academic Roots: Shashikanth Suryanarayanan, a UC Berkeley PhD, left a GE engineering role to join IIT-Bombay in 2004, driven to create impactful tech in India.
Student Spark: Three IIT students, Manish Sharma, Pushkaraj Panse, and Amit Dixit teamed up with Shashi, facing initial struggles to secure industry projects.
TIFAC Breakthrough: In 2007, a INR 1 crore TIFAC grant funded their fuel injection system, cutting two-wheeler emissions by 95%, a pivotal early win.
SEDEMAC Founded: Launched SEDEMAC Mechatronics in 2007 to build electronic systems for small engines, battling skepticism about Indian hardware startups.
First Deal Struggles: Secured INR 25 lakh from a two-wheeler OEM in 2008, but faced doubts from larger OEMs reluctant to trust an unproven player.
Early Funding Hurdle: Raised $3.2M in 2008, a rare feat when deep-tech investment was scarce, enabling product refinement despite market skepticism.
Electronic Governor: Developed a cost-effective “electronic governor” for variable-speed engines, outshining pricier global rivals like Woodward.
OEM Resistance: Faced rigorous scrutiny from OEMs’ R&D and procurement teams, overcoming trust barriers with engineering excellence and persistence.
Niche Market Win: Targeted overlooked two-wheeler and genset markets, signing marquee clients like TVS, Bajaj, and Mahindra by 2011.
Retrofitting Vision: Post-2008 crisis, identified a fragmented retrofitting market for aging vehicles, navigating chaotic local mechanic networks.
Vertical Integration: Bucked outsourcing trends with in-house manufacturing in Vikhroli, Mumbai, ensuring quality and cost control amidst rising raw material costs.
Global Debut: By 2014, showcased at international auto shows, expanding into marine and stationary power systems despite limited brand recognition.
Patent Defense: Filed early patents to protect innovations, safeguarding against imitators and building customer confidence in a competitive landscape.
Service Network: Trained distributors and technicians from 2016, transforming basic support into a skilled network to boost customer trust.
Revenue Surge: Grew from INR 37 crore in FY16 to INR 141 crore by FY18, a 280% leap, nearing profitability despite operational scaling challenges.
ISG Innovation: In 2019, pioneered the world’s first sensorless integrated starter generator for two-wheelers, overcoming R&D complexity for cost savings.
BS-VI Challenge: Faced disruption as India’s 2020 BS-VI norms favored fuel injectors, but leveraged 2008 EFI research to supply OEMs globally.
Pandemic Resilience: During 2021’s semiconductor shortage, SEDEMAC’s EFI units and ISGs filled supply gaps, tripling revenue to INR 429 crore by FY23.
Investor Outreach: Hosted 2022 investor calls to demystify deep-tech, attracting private equity and OEMs, a bold move to bridge market gaps.
$100M Milestone: Raised $100M in May 2024 at a $260M valuation, with early investors earning 15x returns, validating years of grit.
Manufacturing Push: Allocated $9M for a new plant in 2024, enhancing capacity to meet surging demand in India, the US, and the EU.
EV Ambition: Launched sensorless motor controllers for EV two-wheelers in 2024, tackling hub motor failures, a global first with no direct competitors.
Genset Goal: Aims to power one in four gensets (up from one in ten), challenging giants like Cummins in a $4.5B Indian market by 2025.
Scale and Impact: By September 2024, hit INR 600 crore in revenue, 100 crore EBITDA, powering 5 million vehicles and 1 million generators.
Global Expansion: Established distributor networks in Africa and the Middle East, with plans to penetrate the US and China markets in 2025.
Cultural Core: Maintains an R&D-driven culture from IIT roots, balancing profitability, rapid growth, and deep-tech innovation, a rare Indian trifecta.
India needs more such stories, to build a real deeptech base.
Company website;
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