New Delhi: In a strategic move to revolutionize AIoT product development, Napino Tech Ventures Pvt. Ltd. and Teksun Microsys Pvt. Ltd. have announced the launch of Rapidise Technology Pvt. Ltd., an end-to-end Original Design Manufacturer (ODM) focused on AI-powered connected devices.
The new venture is backed by $4 million in seed funding, signaling strong investor confidence in India’s electronics manufacturing capabilities.
Rapidise Technology will act as a full-spectrum ODM partner for startups, SMBs, and enterprises by offering integrated services including design, prototyping, certification, and mass production.
Also Read: Arrow Electronics Launches Engineering Solutions Center in Bengaluru
The company’s vertically integrated model combines Teksun’s robust engineering expertise with Napino Group’s high-precision manufacturing capabilities, enabling scalable and cost-efficient product innovation.
“Rapidise Technology unites best-in-class product engineering with scalable manufacturing to accelerate AIoT innovation,” said Vaibhav Raheja, Board Member, Rapidise and Jt MD, Napino Auto.
Key Highlights of Rapidise Technology:
- Global Supply & Delivery Footprint: Over 1 million smart IoT devices delivered, with $81M+ in booked orders across North America, Europe, Middle East, and APAC.
- State-of-the-Art Infrastructure: Fully automated Japanese SMT lines, AI-powered PCB assembly, Class 6 & 7 clean rooms, and full box-build capabilities.
- Product Portfolio: IoT modules, 5G surveillance systems, smart TVs, automotive edge AI devices, dash cameras, and more.
- 300+ Engineers: Specializing in electronics hardware, embedded software, AI, and cloud integration.
- ODM Marketplace: Self-service platform that delivers instant engineering and manufacturing quotes, streamlining go-to-market for custom electronics.
- Strategic Alliances: Active collaboration with Qualcomm and other semiconductor leaders to co-develop AI-enabled connected platforms.
“We’re transforming how products are built – from concept to mass production,” said Ashish Chinthal, Chief Business Officer, Rapidise.
Also Read: Forbes Marshall and Treon Sign 7-Year Global Partnership to Scale Industrial IoT Monitoring
The new entity positions India as a key player in global AIoT manufacturing, while supporting a fast-growing ecosystem of edge AI, smart connectivity, and on-demand manufacturing.
“Rapidise is a shining example of India-led co-innovation. Our collaboration aims to fast-track scalable AI innovations at the intelligent edge,” added Manmeet Singh, Senior Director, Qualcomm India.
