In in the present day’s video, we check out the highest 10 Indian {hardware} startups constructing merchandise for India and the world
00:00 Introduction
02:32 #10 Openapp
03:28 #9 AjnaLens
04:29 #8 DrinkPrime
05:32 #7 Makers Hive
06:26 #6 Atomberg Applied sciences
07:27 #5 Smartron
08:57 #4 Emotix
10:05 #3 GOQii
11:08 #2 Boat
12:16 #1 GreyOrange
#10 Openapp: Based by Gotama Gowda, Siddesh Keluskar and Rajshekhar Jenne in 2014, Openapp builds sensible IoT-enabled locks for his or her clients. Proper now, their sensible locks are getting used throughout greater than 500,000 and it’s India’s sensible lock maker.
#9 AjnaLens: Based by Abhijit Patil, Abhishek Tomar, Gaurav Godbole, and Pankaj Raut in 2014, AjnaLens builds AI-powered blended actuality glasses. They launched their first product AjnaBolt for the Indian army in 2020 earlier than launching their enterprise product AjnaX earlier this yr.
#8 DrinkPrime: Based by Manas Hota and Vijender Reddy in 2016, DrinkPrime started its journey as WaterWala in 2014 with the objective of bringing construction to India’s disorganised consuming water area by offering 20L waters cans on demand. At this time, they’ve constructed their very own sensible water air purifier which is being utilized by 25,000 of their clients to get clear consuming water for a month-to-month subscription.
#7 Makers Hive: Based by Harsha Reddy Ponguleti, Pranav Vempati and Suren Marumamula in 2018, Makers Hive’s flagship product, KalArm, is India’s first absolutely useful bionic hand, which solely prices between ₹3.5-4 lakh which is a couple of tenth of the price of related merchandise exterior of India.
#6 Atomberg Applied sciences: Based by Manoj Meena and Sibabrata Das in 2012, Atomberg Applied sciences used their prototype energy-efficient motor to fabricate energy-efficient ceiling followers for Indian shoppers. Because the launch of their energy-efficient ceiling followers in 2015, Atomberg Applied sciences has bought greater than 1 million items.
#5 Smartron: Based by Mahesh Lingareddy, Rohit Rathi and Narsi Reddy Posham in 2014, Smartron manufactures every thing from laptops, smartphones and electrical bikes. Nevertheless, they plan on launching their very own house automation merchandise sooner or later – which can be powered by their very own AI-powered ecosystem referred to as TronX.
#4 Emotix: Based by Chintan Raikar, Prashant Iyengar and Sneh Vaswani in 2014, Emotix builds an AI-powered private robotic for youths referred to as Miko. The newest model of those private robots is named Miko 2 – which makes use of AI and laptop imaginative and prescient to have interaction with youngsters in academic conversations. The startup has efficiently bought their merchandise throughout greater than 140 nations.
#3 GOQii: Based by serial entrepreneur Vishal Gondal in 2014, GOQii sells wearable health gadgets that may monitor important well being statistics like oxygen ranges, blood stress and coronary heart charge. At this time, they’re already the second-largest wristband wearables firm in India, behind solely Xiaomi. Whereas they manufacture their merchandise in China, the startup has now dedicated to shifting their manufacturing to India.
#2 Boat: Based by Aman Gupta and Sameer Mehta in 2016, Boat began their journey by promoting charging cables, earlier than shifting to merchandise like earphones, audio system and smart-watches. In simply 5 years of their launch, Boat has managed to construct the world’s largest wearable model out of India – whereas raking in ₹701 crore in income and making ₹49 crore revenue within the course of in FY20.
#1 GreyOrange: Based by Akash Gupta and Samay Kohli in 2011, GreyOrange manufactures sensible robots which can be utilized by firms all over the world to extend effectivity and productiveness of their warehouses. Whereas GreyOrange is an Indian startup, nearly all of their income comes from exterior India, making them an ideal instance of a {hardware} startup constructing from India for the world. They’re additionally planning to go public quickly by taking the SPAC route within the US.
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