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20 Apr 2023  India has seen an ascent in the interest in electric two-wheelers lately, primarily because of rising fuel costs and increased ecological mindfulness among customers. This year saw regulatory advances to encourage EVs and provide mechanisms for battery swapping. EVs are playing an important role in reducing pollution & promoting sustainable growth in the sector. As India strives for a greener future, the automobile sector has shifted towards (EVs). As a result of this transformation, numerous Indian EV firms are promoting sustainable mobility. Taking the charge, to make an eco-friendly planet, are some of the young startups. They’re reshaping the EV industry with their innovative products & manufacturing them in India. Below is the list of top EV startups to look out for in 2023.

1. RunR Mobility: RunR Mobility, an electric two-wheeler startup, was established in Gujarat in 2021. Supported by the solid leadership of MECPower Solutions Pvt Ltd. RunR has been manufacturing 100% indigenous smart-electric scooters which support the essence of the MADE IN INDIA vehicle. The upcoming RunR HS and HS+ models with LED Lights are supposed to have a range of 100 and 140 kilometers on a solo charge. The vehicle is equipped with swappable batteries and other advanced technologies. RunR Mobility soon unveil the 100% indigenous 2-wheeler EV that’s #DesignedToSpendSmart & #StopNotAtAnything
2. Okaya EV: Okaya EV is the fastest-growing EV 2-wheeler manufacturing company in India, offering a wide selection of high-quality electric scooters at competitive prices and encouraging the production of vehicles that provide consumers with the quality and dependability of an automobile. Okaya EV fully intends to achieve its goal of making India a 100% electric vehicle-driven country. Okaya EV features a power pack and an extremely safe LFP (lithium ferro phosphate) battery, which ensures enhancements in battery safety, reliability, and performance.

Okaya electric scooters have high-standard wires & chargers with overcharging protection, thermal protection, audio-visual warning systems, and smart BMS. Scooters have an autonomy of up to 160 kilometers on a single charge and a top speed of 70 kilometers per hour.

Okaya Electric Vehicle has received ICAT certification for its electric vehicles under AIS 156 Amendment III Phase 2, which covers safety requirements for electric vehicles and includes designing, constructing, and testing the battery pack and its components to ensure they meet the safety standards set by the government.

New Delhi, 20 April 2023: NAREDCO Next Gen, the youth wing of NAREDCO, is all set to host their NCR’s first-ever Real Estate Conclave on 26th April 2023. The conclave aims to provide a platform for young real estate players to come together and discuss the future of the industry, including the role of the government, banks, financial institutions, and other stakeholders.

Besides, Naredco Next Gen is set to honor distinguished real estate leaders from different categories within the industry, who have not only made significant contributions to the Indian economy but have also positively impacted their respective communities.

According to Mr. Jay Morzaria, President of NAREDCO Next Gen, “Our mission is to create an environment where young professionals in the real estate sector can share experiences, harness their skills, and bring about lasting change. We believe that by bringing together the best and brightest in the industry, we can drive innovation and progress.”

He emphasized the need for stronger collaboration between various stakeholders. ”The renewed partnerships and collaborations at the Conclave will ensure a bright future for the sector, and the NextGen youth wing is committed to making that happen”

One of the major topics at the conclave will be New Construction Technologies, which will highlight the implementation of construction software and innovative construction technologies covering all stages of construction, from project initiation to on-site activities and the complementation stage.

Another significant highlight will be a special session on NIRED (National Institute for Real Estate Development), a joint venture of Delhi RERA & NAREDCO to develop and build human resource capacity to enhance the quality and productivity of works in the Real Estate & Infrastructure Sector

Rajan Bandelkar, National President, NAREDCO, expressed that the NAREDCO NextGen’s Conclave in Delhi NCR aims to provide a platform for all the stakeholders and innovators in the real estate industry to collaborate and explore new alliances. The objective is to attract more youth to the sector and leverage their energy and innovation to drive growth.

Tel Aviv, April 20, 2023 – Groundcover Introduces Flora, a newly released eBPF-based observability agent that was built with a strict performance mindset – promising full observability at high scales while costing next to zero overhead. Flora has dramatically outperformed all leading observability platforms as Datadog, OpenTelemetry and New Relic’s modern eBPF solution – Pixie Labs.

The conducted benchmark simulated a high-volume environment tracking a simple baseline HTTP server application for metrics of CPU and memory consumption before and after the integration of the various observability platforms in question.

Flora demonstrated minimal to zero overhead to the application’s CPU (+9%) and memory (+0%), while Datadog, OpenTelemetry, and the Pixie agent inflicted dramatic overhead of 249%, 59%, and 32% above the CPU baseline, respectively, and 227%, 27% and 9% above the memory baseline.

Additionally, under a limited CPU environment for the monitored application, the overhead added by Datadog, OpenTelemetry, and the Pixie agent was also demonstrated to significantly limit the bandwidth for the HTTP server, reducing the volume of handled requests by 71%, 19%, and 12%, respectively, compared to the measured baseline.

All other solutions but Flora raised the resource consumption of the application dramatically and in an unexpected manner, potentially causing the application to reach CPU throttling that might degrade its performance or even create an out-of-memory crash (OOM) in a limited environment.

Flora also proved to be highly efficient in the total resources it consumed, making it the most cost-effective solution at a high scale. When combining the resources consumed by the different agents tested and the overhead measured on the monitored application, Flora consumed a total CPU that was similar to the one used by OpenTelemetry and the Pixie agent, but that was 73% less than the CPU consumed by Datadog. Additionally, Flora consumed 74%, 77% and 96% less memory than Datadog, OpenTelemetry, and the Pixie agent, respectively.

One of the hardest challenges for any modern observability tool is being able to keep up with the ever-growing scale of data – delivering a comprehensive, accurate picture of a system, all while leaving a minimal footprint. With many leading observability solutions dramatically impacting the resource consumption of the applications they are in charge of monitoring – eventually limiting their performance or causing cost surges, engineers are more and more aware of the hidden overhead inflicted by their observability stack.

eBPF is on the fast track to becoming the next standard for observability platforms enabling low-friction integration and deep visibility coverage, yet existing eBPF-based approaches still have a long way to go when it comes to operating at high scale.

Flora is based on two key ideas that allow it to operate at a massively high scale. The first is the use of new, unorthodox eBPF concepts that unlock extremely low overhead data-transferring mechanisms. The second is a nearly zero-copy, memory-efficient pipeline which converts observations flowing from the kernel into meaningful outputs.

The Flora eBPF observability agent was developed by Groundcover and is generally available as part of Groundcover’s product where private users and organizations can experience it for free.

20 Apr 2023  Spectrum Metro, the high-street shopping commerce capital located in Noida Sector 75, has closed leased spaces deals with famous brands like Smaaash, Reliance Digital, Reliance Trends, Uni Applem Reseller, Toksik, and many more. Spectrum Metro is also coming up with many national and international brands in the coming months that are sure to attract people in the close vicinity and NCR.

Spectrum Metro has also onboarded popular chains of Restobars, cafes, and popular chain of eateries. high-street commercial hub has leased 3620 sq. ft. of space to Break-in Brew, 1115 sq. ft. to Bar Rosso Café, 6010 sq. ft. to BBQ Company, and 9,775 sq. ft. to Toksik. Moreover, it has also leased spaces of 25,075 sq. ft. to Smaaash, 2400 sq. ft. to Uni Apple Reseller, 6785 sq. ft. to Reliance Digital, and 10,928 sq. ft. to Reliance Trends.

The chief feature that’s attracting popular brands to Spectrum Metro is its excellent connectivity that comes with door-to-door connectivity to Aqua Line’s Sector 50 Metro Station and other major National Highways like NH 24, FNG, and Noida expressway.

“We feel proud to announce that we will welcome new brands in Spectrum Metro like Liberty, Bluestone Mia by Tanishq, Samsung, Haldiram’s, etc. over the next couple of months. Right from the beginning, we had pledged to provide our customers with an upscale retail, shopping, and dine-in experience. This is another concrete effort in bringing our promises to reality.”

Spectrum Metro, in no time, has become a lucrative center for expansion for retail brands. We observe a daily footfall of 3000 people at one of the biggest high-street commercials where people from the nearby residential township visit here for good food, a great shopping experience, and unlimited entertainment. We will soon make announcements of many new brands that would be a part of Spectrum in the future.” Quoted, Ajendra Singh, Vice President, Sales & Marketing, Spectrum Metro.

Maharashtra, April 19, 2023: Expanding its countrywide presence to boost EV adoption, leading multi-brand EV platform BLive has opened its experiential EV store in Kolhapur, Maharashtra. It was inaugurated in the presence of Kiran Patil- Chairman, of Ghatge Patil Industries, and other dignitaries. BLive is experiencing a high EV demand across the country, and it believes this store will cater to the needs and aspirations of EV buyers in the region. The opening of this store is further aligned with the brand’s larger objective of building a greener, sustainable future by promoting 100% clean mobility adoption in India.

The exclusive store has been opened in partnership with Techno Vision and houses a range of EV options from leading brands for customers. Additionally, to encourage buyers to speed up their EV purchase decision and switch to e-mobility, the store will provide easy financing options along with exciting offers. With this, the customers will be able to purchase an EV with easy EMI options as low as Rs 2000 monthly. The store will also provide them an opportunity to exchange and upgrade their old petrol-run 2-wheelers for brand-new EVs.

Also, it will act as a one-stop, go-to destination for customers to get a hassle-free EV experience and a choice to select from well-known brands such as Gemopai, KineticGreen, Batt: RE, Hayasa, Detel, Amo, EMotorad, and Hero Lectro, among others. For holistic care of EV buyers, it will provide roadside assistance, extended warranty, easy financing options, excellent after-sales services, and many other facilities under one roof.

Commenting on the launch, Samarth Kholkar, CEO & Co-Founder, BLive said,” The launch of this store is BLive’s other step towards strengthening its footprints across the country. EVs are becoming mainstream and we believe providing a hassle-free EV experience by taking care of all of the customers’ needs under one roof will take EV adoption to new heights. We are receiving a great response which is a reflection of the high EV demand across the country. The customers have become more aware and responsible towards the environment and we believe this store will facilitate them in easily switching to clean mobility. Our high-end services, experience, and expertise being offered at the store will greatly benefit them. We are looking forward to working together with our partners to strengthen our India presence and make EVs accessible and affordable for all.”

BLive, which is a digital-first, multi-brand EV store has bolstered its presence with 20 stores across India, and with this launch, it has come one step closer to its goal of having 100 EV stores by 2024. The brand will soon expand its reach to newer locations to drive EV adoption, accelerate decarbonization,
and build a sustainable future.

Mumbai, 19 April 2023: The consumer sentiment for bigger homes continues unabated. Out of a total of 4,662 survey participants, 42% currently prefer 3BHKs, finds the CII-ANAROCK report ‘The Housing Market Boom’ released at the 5th Edition of the CII Real Estate Confluence 2023 in Mumbai, where ANAROCK was Knowledge Partner, today. 40% of the surveyed participants prefer 2BHKs, 12% will opt for 1BHK, and 6% seeks homes exceeding the 3BHK configuration.

The two realty hotspots NCR and MMR have seen particularly strong momentum in the sale of high-ticket bigger homes over the last few quarters finds the report. Over 45% of property seekers in NCR are looking to buy 3BHK homes in the near future. In the expensive MMR, 2BHKs appear to dominate the preference charts of 43% of respondents in this region, but over 32% of buyers, there are looking to buy 3BHKs.

The report highlights the overall sentiments of buyers amid current headwinds including another possible rate hike by the RBI in the near future. If that happens, housing sales momentum in the top 7 cities may well be in for a bumpy ride as at least 96% of prospective buyers state that higher home loan rates will affect their homebuying decisions in the future.

For over 80% of property seekers, prices remain an important factor as apart from home loan rates, the basic cost of property has been on the rise in the last one year.

ANAROCK data reveals that average property prices across the top 7 cities increased in the range of 6-9% in Q1 2023 when compared to Q1 2022, mainly due to an increase in the prices of construction raw materials and overall rise in demand. MMR and Bangalore recorded the highest 9% annual jump.

Anuj Puri, Chairman – CII Real Estate Confluence 2023 & Chairman – of ANAROCK Group, says, “Rate hikes are just part of the overall demand scenario. Recent layoffs by both large and small corporates are likely to have at least some impact on the demand in the upcoming two quarters and dent growth in the housing market. Many homebuyers impacted by layoffs may defer homebuying decisions until their employment situation stabilizes. Nevertheless, buying homes remains the top priority for everyone.”

Currently, inflation is high and the state of the global economy directly or indirectly impacts housing demand in India. However, whatever demand gets deferred will be a temporary dynamic. “There are high chances that by FY25, the current turbulence will have passed and the housing market will bounce back,” says Puri. “Deferred demand is just that – it is put on hold, not destroyed.”

The report further finds that millennials continue to drive housing demand. Of the total participants that chose real estate as an asset class for investment, at least 52% were millennials who are mainly looking to buy homes for self-use. End-users still dominate the Indian housing market, with the end-user vs investor ratio at 71:29. Of the total surveyed end-users, over 77% are millennials.

At least 36% of respondents are zeroing in on homes that will be ready for possession within a year, and 58% want to buy properties priced between INR 40 lakh to INR 1.5 Cr.

Apart from price points and basic amenities in a project, the surveyed buyers are now focused on three primary aspects – timely project completion assurance, the availability of a study room, and adequate ventilation in the property. Over 90% of the surveyed homebuyers will not compromise on timely project completion, 62% insist on well-ventilated homes, and another 55% of respondents consider a study room indispensable. It is evident that the Covid-19 pandemic has left a lasting impact on homebuyer preferences.

Gurugram: Sohna is a rapidly developing area located in the southern part of the Gurugram district in the Indian state of Haryana. It is known for its scenic beauty, proximity to the Aravalli Hills, and growing real estate market. The opening of the Delhi-Mumbai Expressway, one of the largest infrastructure projects in India, boosted real estate development in the Sohna region, with luxury independent floors emerging as a key segment. The expressway, which spans 1,300 km, will provide seamless connectivity between Delhi and Mumbai, reducing travel time between the two cities to under 12 hours. This has led to increased investor interest in the Sohna region, which is located along the expressway and is expected to benefit from improved connectivity.

An emerging growth corridor of NCR

The opening of the Delhi-Mumbai Expressway is a major event that heralds the beginning of a new era of infrastructure development and economic growth in the NCR. It has the potential to ignite trade and business activity, resulting in positive outcomes for all. The property market in Haryana’s Sohna and Gurugram benefited from this project as well, as it is anticipated that demand in these areas will rise dramatically in both the residential and commercial sectors.

Real estate developers in Sohna are already capitalizing on this opportunity, with several luxury housing projects in the pipeline. These projects focus on providing spacious and independent homes, catering to the needs of high-net-worth individuals and affluent families.

Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India), Ltd. Said, “The commencement of the eight-lane Delhi-Mumbai Expressway augurs more growth and prosperity for Sohna and New Gurugram. As the biggest project of NHAI, this modern state-of-art expressway will not only provide direct connectivity between Delhi and Mumbai but also further ease the traffic congestion flowing across the Millennium City. This project will provide a world of opportunities for the millions of people of Gurgaon and Sohna, who will gain new logistical connectivity to the entire Delhi NCR region”.

He further added, “The launch of the Delhi-Mumbai Expressway will have a cascading effect on the property prices in Sohna and New Gurugram. Consequently, the demand in both residential and commercial segments is expected to increase significantly in these regions. With Signature Global properties developed near the Delhi-Mumbai Expressway, we are confident that these appreciating property prices will be leveraged to further attract new prospective homebuyers. We anticipate that social infrastructure developments around the expressway will have a multiplicative effect in bolstering the Indian economic growth story”.

As per the sources Signature Global Park 1, Sohna is receiving good responses in the region.

The Delhi-Mumbai Expressway drove the demand for luxury independent floors in Sohna, as more and more affluent buyers look for spacious and exclusive homes that offer privacy and luxury. With improved connectivity, Sohna is emerging as a preferred destination for luxury living, with developers offering world-class amenities and unique lifestyle experiences to cater to the demands of the discerning buyer.

Jatin Lohia, Director, LID said, “Sohna spurred boom in both the residential and commercial growth. The new expressway unlocked the region’s maximum potential, causing a surge in real estate development and establishing Sohna as a multi-utility residential corridor. It provided a solid blueprint for developing townships, independent floors, and business hubs. While easing congestion and providing easy connectivity with nearby states, the region witnessed a surge in housing demand and price appreciation of existing and upcoming residential projects.”

Improved infrastructure Facilities

The Delhi-Mumbai Expressway is a 1,390-km national highway that will reduce travel time from 18 to 20 hours to approximately 12 hours between Delhi and Mumbai. The 246-kilometer route will reduce the existing five-hour journey from the capital city to Jaipur to just three hours. The Delhi-Dausa-Lalsot stretch’s construction, which cost more than Rs 12,150 crore, will hasten the economic development of the area by attracting businesses and investors and creating a large number of job possibilities. From the Gurugram Expressway and Sohna on the Dausa end, the new highway will enhance connectivity between Delhi, Jaipur, and Mumbai, reducing travel times and enhancing Gurugram’s attractiveness as a location for commercial and residential development. Additionally, it will increase demand and property prices.

The region’s proximity to office hubs and other business centers along the Golf Course Extension Road and the Southern Peripheral Road, as well as Indira Gandhi International Airport, makes it a popular working-class real estate choice. The Gurugram-Sohna Road (NH 248A) has hastened the migration of the upper middle and upper-income classes to Sohna. Along with other game-changing connectivity, infrastructure developments such as NH-48, KMP, and others will provide a significant boost to the economy and bring about a transformational shift in Sohna’s socio-economic landscape.

Gurugram realty prices to grow overall

Sohna became a center of attention because of the launch of the new expressway, the property prices rose in the entire Gurugram. Realty in the vicinity of the Sohna-Dausa stretch of the Delhi-Mumbai Expressway benefited the most and sizeable peak in housing demand which is witnessed due to the seamless infrastructural and road connectivity.

Santosh Agarwal, CFO, and Executive Director, Alpha Corp said “The Delhi-Mumbai Expressway is expected to boost the real estate sector in Gurugram. The new expressway will provide faster connectivity between Delhi, (from Gurugram Expressway & Sohna on the Dausa end) Jaipur, and Mumbai, reducing travel time and making Gurugram a more attractive location for businesses and residential development. The improved infrastructure and increased demand for residential properties are likely to attract investors looking for profitable investment opportunities. Additionally, the development of new infrastructure in the region is likely to increase property prices and drive demand for real estate.”

Overall, the real estate market in Sohna, Gurugram is witnessing exciting new trends that cater to the changing needs and preferences of homebuyers. With a focus on luxury independent floors, co-living spaces, sustainability, and spacious homes, developers are creating innovative projects that meet the diverse needs of the market.

Gurgaon, April 19, 2023: Qwazent Talent Solutions Private Limited which was incubated in 2016 as India’s first Healthcare dedicated executive search firm has announced its acquisition by Dimensions HRD Consultants, a leading provider of Human Resources Development and Talent Management Solutions. The firm was led by Dr Shruti Nath and the family office of Poshika for the last 7 years. Qwazent served the talent need of the Healthcare Industry and built a strong client franchisee over this period.

Qwazent launched its innovative recruitment platform, Hyre last year which is an AI-driven platform to combine human capability transparently with data analytics to deliver the best-suited candidates for clients. Qwazent is known for its expertise and commitment to delivering exceptional results for its clients.

Qwazent has agreed to divest its controlling stake to Dimension HRD which is a leading Executive Search firm. Given the wide reach of Dimension’s clientele, it is expected that Qwazent business volume would expand rapidly, and clients would benefit from Dimension’s deep expertise in this domain.

Dimensions HRD Consultants established in 2002 is an executive search firm, committed to providing practical and scalable solutions to the HR needs of organizations across the globe. Its dedicated client teams’ account relationships, delivery capability, and processes ensure an end-to-end flow from project acquisition to a successful conclusion and beyond. It has a strong track record of over 5,000 assignments across multiple functions.

Commenting on the strategic transaction, Dr. Shruti Nath, Mentor & Director of Qwazent said, “Qwazent was founded by 4 Co-Founding Shareholders, led by our family office, Poshika. In the several years that followed it established its name in the Healthcare Search business, grew, got through Covid, streamlined processes, diversified as well as successfully pivoted to the adoption of technology with Qwazent Hyre. Now, Qwazent is all poised and set for growth. We are very pleased that Qwazent has now the opportunity to collaborate with Dimensions led by one of Qwazent’s founding shareholders Mr. Anish Handa. We believe his entrepreneurial zeal will benefit Qwazent and its team as both would benefit from being part of a much larger organisation.

Commenting on this Mr. Anish Handa said: “We are excited to welcome Qwazent Talent Solutions to the Dimensions family. Their expertise and experience in Executive Search will complement our existing offerings and enable us to provide even more value to our clients. The acquisition of Qwazent will also enable Dimensions to expand its footprint in Pharma and Healthcare industry. Qwazent Talent Solutions has a strong presence in this area and has built a reputation for excellence in talent management.”

Bengaluru, India – 19 April 2023: Dunzo, India’s leading hyperlocal delivery platform, today announced that it is strengthening its fraud prevention capabilities through a partnership with global risk intelligence company SHIELD. Dunzo is the first quick commerce company in India that will leverage mobile-first risk intelligence to tackle fraud and stay ahead of emerging threats. The solution will help Dunzo build trust with their users by ensuring that genuine customers get maximum benefits while enjoying a seamless customer experience.

Dunzo will leverage SHIELD’s AI-powered Device Intelligence solution to pinpoint all fraudulent activities in real time. The SHIELD ID – the global standard of device identification – will empower Dunzo to accurately determine the physical devices behind the creation of fake accounts and promo abuse. At the same time, the SHIELD Risk Indicators will expose devices running malicious apps and tools commonly associated with fraud, enabling Dunzo to take action against fraudulent accounts.

Kongkan Saikia, Associate Director of Fraud Prevention at Dunzo, commented, “SHIELD’s technology has become an important element in building Dunzo’s strategy against fraud attacks. We’re now able to instantly stop fraud attacks at the source, and better use our time on cases that truly require a human touch.”

Gautam Sehgal, Director at SHIELD, added, “Dunzo is a category-defining company whose brand name has become a verb, based on a well-earned reputation for speed and reliability. SHIELD is proud to partner Dunzo to support the scalability of its services and brand promise, making certain that its resources are channeled towards incentivizing genuine delivery partners and the growth of its authentic user base.”

SHIELD’s technology is uniquely able to stop fraud without requiring personally identifiable information, empowering Dunzo to maintain user privacy without compromising security. The Device Intelligence solution runs entirely in the background throughout Dunzo’s 24/7 service, ensuring that no unnecessary friction is added to the customer journey.

More importantly, the Dunzo team will be able to accelerate growth by ensuring that they are investing resources into genuine users as well as boosting customer satisfaction and retention. The identification of trusted devices, users, and accounts will increase order approval efficiencies and support even faster deliveries, all without the fear of fraud. This solidifies Dunzo’s position as the most trusted choice for shoppers needing quick and reliable deliveries in India.

The roots of all fraud plaguing tech platforms – including those from the delivery and quick commerce industries – can be traced back to fake accounts. For example, fraudsters have been known to create large numbers of fake accounts to exploit limited time promotions, rack up referral bonuses, and snatch up coupons, leaving genuine users at a disadvantage. Fraudulent partners could also claim incentive bonuses they did not deserve by spoofing their location and claiming job completions.

Shashwat, an Indian-born entrepreneur, is leading the way for medical device innovation in the United States. After completing his education in mechanical engineering and Biodesign innovation studies from the University of Illinois at Urbana-Champaign and Johns Hopkins, he founded PneumoNIX Medical, a startup focused on preventing complications during cancer biopsies to improve patient outcomes.

Shashwat’s inspiration for his startup came from observing a lung biopsy at Johns Hopkins Hospital where the patient suffered from a collapsed lung, leading to a prolonged hospital stay and invasive procedures. Recognizing that this was a frequent issue globally during the more than one million biopsy procedures performed annually, he realized the need for a solution to improve cancer biopsies and address this unmet clinical need.

Developing a sealant for lung biopsies was a challenging task due to the unique properties of lung tissue, including its elasticity, dynamic nature, and constant movement during respiration. Shashwat experimented with various formulations to achieve a balance between adhesion and biocompatibility while ensuring degradation over time. Finding the right balance between strength and flexibility was another significant challenge. Despite these obstacles, the PneumoNIX sealant was developed with excellent mucoadhesive, hemostasis, and biodegradation properties, showcasing Shashwat’s perseverance and scientific expertise. Its potential to enhance patient outcomes in lung biopsies and other medical procedures makes it a significant scientific breakthrough in medical device innovation, and the work was selected for a $1 million grant by the National Science Foundation in the US.

Shashwat’s ideologies about his startup are centered around patient care. He believes that for technology to be successful in the medical device industry, it has to significantly improve patient outcomes, which he uses as his North Star when making decisions.

After the commercialization of PneumoNIX Medical’s sealant, Shashwat plans to bring his knowledge back to India and contribute to the growth of medical device innovation in his home country. “I am proud to have been able to make an impact in the United States, and I am excited to bring back what I have learned to help the medical industry in India,” said Shashwat.

Shashwat is an Indian entrepreneur who is making strides in the US and is passionate about contributing to medical device innovation globally, as well as bringing his knowledge back to India.