• Startup Pulse
    Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating.
  • Prama India Partners with Mindgrove to Deploy Indigenous Vision SoCs in Surveillance Systems

    Prama India

    Chennai: Prama India has entered into a strategic partnership with Mindgrove Technologies to deploy indigenously designed semiconductor chips in CCTV surveillance cameras and advanced video security systems, marking one of the largest commercial integrations of Indian-designed silicon to date.

    The collaboration, formalized through a Memorandum of Understanding (MoU), will see Prama India integrate Mindgrove’s proprietary Vision System-on-Chip (SoC) across its commercial surveillance and security product portfolio.

    The initiative represents a significant step in the commercialization of India’s semiconductor ecosystem by taking domestic chip innovation from laboratory validation to large-scale deployment in mission-critical infrastructure.

    Under the agreement, Mindgrove’s Vision SoC—its second semiconductor chip developed with support from the Ministry of Electronics and Information Technology’s (MeitY) Design Linked Incentive (DLI) scheme – will be deployed across Prama India’s video surveillance and security solutions.

    The partnership also encompasses joint design and development activities, with Mindgrove providing certification and regulatory support to ensure compliance with stringent customer and market requirements.

    Also Read: Pinetics and Mindgrove Partner to Close India’s Chip-to-Product Gap with Indigenous SoM Solutions

    Commenting on the development, Shashwath TR, Co-founder and CEO of Mindgrove Technologies, said, “For Indian fabless semiconductor companies, credibility is built when products leave the lab and enter sustained deployment.

    This engagement validates our Vision SoC as a production-ready platform capable of meeting performance, reliability, and scale requirements in real-world security systems.”

    The collaboration comes at a crucial time for India’s semiconductor ambitions as the country intensifies efforts to reduce dependence on imported chipsets in critical sectors such as security and surveillance.

    Through the integration of Indian-designed silicon into deployed hardware systems, Prama India and Mindgrove Technologies aim to strengthen domestic technology sovereignty while enhancing supply-chain resilience.

    Commenting on the partnership, Ashish P. Dhakan, Managing Director and CEO, Prama India, said, “At Prama, we believe the future of intelligent security will be driven by the convergence of artificial intelligence, semiconductor innovation, and trusted digital infrastructure.

    Our collaboration with Mindgrove marks an important milestone in advancing indigenous semiconductor capabilities for next generation video security solutions.

    “As India progresses towards becoming a global semiconductor and electronics manufacturing powerhouse, partnerships such as this are critical to realizing the vision of ‘Designed in India, Made in India, Trusted by the World.’

    By combining Mindgrove’s semiconductor design expertise with Prama’s extensive experience in video security, product engineering, compliance, and large-scale deployments, we aim to develop world-class solutions that are secure, scalable, and globally competitive.”

    “Beyond technology development, this collaboration will help build strategic capabilities within India’s semiconductor ecosystem, foster innovation, strengthen supply-chain resilience, and support the Government of India’s Atmanirbhar Bharat vision in critical technology sectors.

    Together, we are committed to accelerating the adoption of indigenous technologies and creating long-term value for customers, industry, and the nation.”

    With the Vision SoC now moving towards sustained high-volume deployment, the partnership with Prama India further reinforces Mindgrove Technologies’ transition from design validation to commercialization.

    The collaboration is also expected to create a strong foundation for expanding Mindgrove‘s silicon portfolio across additional applications and enable Indian and global hardware manufacturers to build secure, high-performance systems powered by indigenous semiconductor technology.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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