MeitY-backed incubator selects startups for sixth cohort

MeitY-backed incubator selects startups for sixth cohort
Photo Credit: Thinkstock
26 Mar, 2020

The Ministry of Electronics and Information Technology (MeitY)-backed incubator Electropreneur Park has chosen eight electronic hardware startups for its pre-incubation and incubation programme. 

The sixth cohort of the programme, which will run for one-and-a-half years, will help startups get mentored by entrepreneurs as well as companies such as Murata Manufacturing, NXP Semiconductors, GlobalFoundries and Cadence Design Systems, a statement said. 

They will also get design support from organisations such as Texas Instruments, Microchip Technology and Intel, it added. 

Additionally, the statement said the startups can get funding assistance from the government, through industry connect and the member base of industry body the India Electronics and Semiconductor Association (IESA), MeitY-backed autonomous software export society the Software Technology Parks of India (STPI) and the University of Delhi. 

“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,” Sanjeev Chopra, CEO, Electropreneur Park, said.

Founded in 2016, Electropreneur Park is an incubation centre for electronic system design and manufacturing startups. Since inception, it has incubated 33 startups, including connected vehicle platform Ceantra Technologies, electronics manufacturer Resonant Electronics, medical technology company Univlabs Technologies and car detailing services company Simply Purify. 

The startups chosen for pre-incubation include Motor Invertor and E2EM, the statement said. Aigroedge Technologies, Arista Vault, Designers Charrette, Pill Pal, Electric Fuel and Eath.in were chosen for incubation, it added. 

Aigroedge Technologies: Founded this year by Abhai Tiwari, Akshay Taneja and Mayank Rajput, it is a deep technology startup that develops solutions for specialised agriculture using edge internet of things (IoT) and artificial intelligence (AI).

Arista Vault: The startup makes smart wallets. Its features include anti-theft, anti-loss, phone tracking, anti-radio frequency identification, and wireless and wired phone charging solutions. It was founded by Krishan Kumar Singh, Purvi Roy and Atul Gupta in 2017.

Pill Pal: Founded by Tarun Verma and Yogesh Wadhwani in 2020, Pill Pal is an IoT-based pill storing and dispensing product. It connects to the cloud and sends reminders to its users to take their medicines on time.

Designers Charrette: Set up in 2018 by Prasad Joshi, Designer Charrette builds portable devices to store insulin at low temperatures with IoT-based dosage management and analytics.

Electric Fuel: Founded in 2017 by Ujjwal Bhardwaj, Sunil Kumar, Sumesh Kumar and Abhishek Kumar, the company makes battery swapping stations with electric vehicle charging and advanced battery management solutions.

Eath.in: The company, which builds pocket-sized AI devices to analyse milk health, was founded by Jitesh Arora in 2018.

Motor Invertor: Founded by Satish Chander in 2018, Motor Invertor develops low-cost invertors for inductive loads.

E2EM: The company develops portable electric mopeds. It was set up by Vivek Kumar in 2018.