To enable industrial companies to identify startups that can emerge as capable technology partners for the long term, we have compiled a catalogue of Industrial Deep Tech startups from the Forge Portfolio, to serve as a valuable resource. Startups in the Forge Portfolio categorised under Industrial Deep Tech address manufacturing as a sector - apart from other core industrial sectors such as power, energy, resources, transportation, logistics, defence, aerospace, space etc. These startups are broadly categorised under Digital Technology (DT) and Operations Technology (OT). Digital Technology addresses process innovations augmenting capabilities in the areas of digitisation, digitalisation, automation (robotics), analytics, autonomy, and intelligence. Operations Technology relates to innovations in the areas of design (product engineering services), materials (carbon composites), production & processing (additive manufacturing suppliers for new end product categories that traditional fabrication factories don't serve), and business models (manufacturing aggregator platform etc.). This catalogue of 20 Industrial Tech startups is further organized into 7 Industrial Digital Transformation Themes which are further split into 11 sub-themes - that broadly outline operational capabilities, emerging/futuristic technology domains, or product categories in specific market segments that help organise and prioritise the various opportunities for value creation by industrial companies.

1. Startup
Catalogue
Industrial Tech
Deep Tech startups in the Forge portfolio driving growth and transformation
of industrial sectors through advanced digital and operational technologies.

2. Contents
Industrial IoT (Sensors & Connectivity)
01
01
Asset (Equipment) Optimisation
Faclon Labs
03
05
TARDID Technologies
02
Xyma Analytics
03
Asset (Infrastructure) Management
Skylark Drones 07
04
Robotic Process Automation
Anscer Robotics 11
06
Solinas Integrity 13
07
Collaborative Robots
OrangeWood Labs 09
05
Advanced Robotics

3. Business Intelligence
PQSI Digital 15
Deliverain 17
Big Data Analytics
Artificial Intelligence/Machine Learning
Vision Intelligence
AugurAI
19
CamCom
Puzzles Technologies
21
23
Process Optimization 25
Beez Innovation Labs
Sustainability
Efficient & Renewable Energy
Minion Labs 27
08
09
10
11
12
13
14

4. Resources Lifecycle Management
Goenvi Technologies
17
Blaer Motors
16
Wankel Energy Systems
15
Industrial Metaverse
33
31
29
Digital Twins (Asset Emulation)
SignaX
18 35
Remote Collaboration
Maximl Labs
19
Plutomen
37
39
20
Connected Workforce

5. In today's rapidly changing business landscape, industrial companies face constant challenges such as increasing competition,
declining profit margins, supply chain shocks, stringent quality standards, workforce productivity, and the need to constantly
innovate to stay relevant.
To tackle these challenges, by partnering with industrial tech startups through the Industrial Open Innovation model, industrial
companies (both medium and large enterprises) can co-create and deploy cutting-edge solutions - thus driving operational
excellence, unlocking business value, and fuelling growth.
Startups in the Forge portfolio categorised under Industrial Deep Tech address manufacturing as a sector apart from other core
industrial sectors as power, energy, resources, transportation, logistics, defence, aerospace, space etc. These startups are broadly
categorised under Digital Technology (DT) and Operations Technology (OT). DT addresses process innovations augmenting
capabilities in the areas of digitisation, digitalisation, automation (robotics), analytics, autonomy, and intelligence. OT relates to
materials, production and processing areas. Under OT the Manufacturing startups in the Forge portfolio address opportunities
through innovations in design (product engineering services), materials (carbon composites), production & processing (additive
manufacturing suppliers for new end product categories that traditional fabrication factories don't serve), and business model
(manufacturing aggregator platform etc.)
Forge enables growth and transformation for industrial companies through our open innovation and corporate accelerator programs
for public sector enterprises and industrial companies - leveraging our extensive networks, capabilities, and infrastructure.
Our national scale network of 150+ startups is involved in developing breakthrough technologies and innovative products in areas
such as Al, loT, edge computing, robotics, power electronics, visual intelligence, additive manufacturing, advanced materials,
metaverse, and more.
We have compiled this catalogue to serve as a valuable resource for industrial companies to identify startups, who can emerge as
capable technology partners for the long term.
Forge is your one-stop shop for talent and technology to power your journey towards transformation and growth.
Team Forge
Foreword

6. Location: Mumbai
Founded In: 2016
# Employees: 43
TEAM
01
Faclon Labs
Serial entrepreneur and an
alumni of IIT Bombay.
Co-founded Adventure
Club-IIT Bombay
Rishi Sharma
Co-Founder & CEO
Former PwC consultant with a
total experience of 7+ years
Archit Naraniwal
Co-Founder & CSO
Fellow, Royal Academy of
Engineering, London
Ex-white hat hacker and former
Technical Advisor at EasyMeat.in
Utkarsh Narain Srivastava
Co-Founder & CTO
Faclon Labs is an end-to-end digitization
company that provides a robust IoT platform
“I/O Sense” with a focus on data access
unification and providing a digital twin of a live
industrial ecosystem. It provides end-to-end
visibility of the utilities, processes & equipment
to enable data-driven decision-making,
automation & predictive maintenance.
Gateway-agnostic IIoT
platform for predictive
analytics
BRIEF
• Predictive maintenance of factory assets
• Water & Utility Management
• Energy Monitoring & Management
USE-CASES

7. Faclon Labs offers a comprehensive cloud-based IoT
software platform and IoT gateway devices that enable
data connectivity and integration with the physical world.
PRODUCT
• Turn-around-time as quick as a few hours, compared
to weeks to months by other solutions.
• Gateway-agnostic & third-party compatibility.
• Unified source of data access and control, with a
no-code functionality.
COMPETITIVE ADVANTAGE
• I/O Sense - This cloud based IoT software platform
enables automation of operations and helps
monitor & control assets, analyze data from
different sensors & equipment to draw powerful
insights.
• ST Series - The ST series are IoT gateway devices
that enable integration and data connectivity with
the physical world.
Product Demo
Videos
02
CLIENTS

8. TARDID
Technologies
Location: Bengaluru
Founded In: 2016
# Employees: 28
TEAM
TARDID is an Industrial AI company that caters
to the Asset Monitoring and Quality Inspection
needs of companies in shipping, aviation,
railways, wind farms, oil & gas (upstream &
midstream), OEMs and government institutions.
AI-driven Asset and
Quality Monitoring
BRIEF
03
Aastha Verma
COO
Niladri Dutta
CEO
13+ years of experience in Sales,
Marketing and AI technologies
Total of 15+ years of experience
in Strategic alliance, Business
analysis and AI technologies
• Prescriptive Maintenance System for
Manufacturing OEMs
• Pipeline Integrity Management System
USE-CASES

9. PRODUCT
• India’s first physics-aware AI Model platform for
effective state estimation. These models continuously
observe physical phenomena and predict outcomes of
health and new phenomena, making it more realistic.
• The Quantum Boundary Method is used to build an
accurate Time to Failure matrix - as digitized data and
models are not enough, as there are certain invisible
factors which have relevance but are ignored in
conventional models.
COMPETITIVE ADVANTAGE
Brainbox is a industry-agnostic AI-driven Enterprise
Asset Management Platform. It helps enterprises to
proactively understand an asset’s health conditions
(machine & structure) by combining physics and
Machine Learning. This helps to reduce unplanned
downtime, timely and better productions,
compensations, demurrages, alongside improving
decision making and return-on-investment by 10x.
• BrainBox SPICA: Autonomous AI-Driven Inspection
Station for Non Destructive Evaluation of
components and parts, with autonomy of Level 6
(no human in the loop). 50x faster processing of
images and laser inputs, instantly validated with
built-in physics models for 99.99% accurate quality
and health.
• BrainBox Prime: Provides real-time monitoring of
structures and member elements, health
conditions, and fatigue life assessment by
measuring global and local stress, loads,
accelerations, vibrations etc., with machine learning
and physics models.
Product Demo
Videos
CLIENTS
INDUSTRIAL CONTROLS PVT. LTD.
04

10. 05
Location: Chennai
Founded In: 2019
# Employees: 31
TEAM
Xyma
Analytics
Alumnus of Anna University (PhD
and M.E.) and IIT Madras
(postdoc). 11+ years of experience
with expertise in Ultrasonic
Guided wave, Hi-Temp Sensor,
NDE, Data analysis &
interpretation.
Nishanth Raja
Co-Founder & CEO
Alumnus of IIT Madras (B. Tech.),
Expertise in Product development,
Data Analytics and Industrial
design.
Aswin Kumar Kathirvel
Co-Founder & CTO
38+years of experience in
Academia, Alumnus of Drexel
University (PhD and M.S.) and
University of Madras (B.E.).
Dr. Krishnan
Balasubramanian
Co-Founder, Technology Expert
Alumnus of Imperial College of
London (PhD) and IIT Madras (M.
Tech), Co-founded Plenome and
has a total experience of 12+
years in Academia.
Dr. Prabhu Rajagopal
Co-founder, Strategist
Xyma offers advanced industrial sensors for
multi-parameter and multi-point measurements
in high temperatures and inaccessible areas.
These sensors enable industries to reduce
boiler accidents, avoid shutdowns, improve
operational efficiency, and enable better
decision-making through the use of AI, ML, IoT,
and automation capabilities. The key target
segments for these sensors are petrochemical
industries, distilleries, pharmaceutical,
biotechnology, and chemical industries.
AI-powered
Multi-parameter
Measurement Sensors
BRIEF
• Asset Monitoring & Analysis System
• Early Warning System for pots & boilers
USE-CASES

11. 06
PRODUCT
• The sensors use AI-powered soft sensing technology
to measure temperature, rheology, and levels with a
single probe.
• The sensor has a 5x extended life compared to other
sensors, and it can operate at very high temperatures
up to 1000ºC.
• Compatible with digital-twin systems, edge
computing, and virtual visualization.
COMPETITIVE ADVANTAGE
Product Demo
Videos
Xyma provides a retrofittable multi-parameter measurement
sensor with cutting-edge patented wave-guided technology
that functions where conventional devices are inefficient
and ineffective.
• Multi Point Temperature Measurement Sensor
(µTMapS) - measures temperature and generates 3D
temperature profile.
• Portable Rheology and Temperature Sensor (PoRTS)
- measures viscosity and temperature simultaneously.
• Portable High Temperature Level sensor (ZTAR) -
simultaneously measures fluid level and temperature.
• Intelligent Plant Asset Monitoring System (I-PAMS) -
Real-time asset monitoring & analytics.
CLIENTS

12. 07
Location: Bengaluru
Founded In: 2015
# Employees: 64
TEAM
Full-Stack Drone Data
Analytics for Industrial
Worksites
Skylark provides full-stack drone platform to
enterprises in mining, solar power, real estate
and agriculture sectors. Since its inception,
Skylark has completed over 20,000
autonomous flights and processed more than 1
million images. The company boasts a clientele
of over 100 enterprises and has a customer
base of 250 drone service providers who use
its integrated fleet management suite.
BRIEF
Skylark
Drones
NASA Best Systems Design Awardee
Alumnus of Purdue University (M.S)
and RVCE (B.Tech).
Mughilan Thiru Ramasamy
Co-founder and CEO
NASA Best Systems Design
Awardee. Alumnus of RVCE
(B.Tech Mechanical Engineering).
Mrinal Pai
Co-founder and COO
• Aerial Mapping & Surveillance system for
asset & inventory management
• In-pit Volume Measurement System for
Mines
USE-CASES

13. 08
PRODUCT
• 4x faster surveys with 97% accuracy across mining,
solar, transportation, utilities and agriculture.
• Integrated drone platform hosted on the cloud and
featuring an AI-powered analytical solution. Thus
requires no software installation.
• Integrated drone analytics and drone flight mission
control/operations solution that enables 90% reduction
in mission planning time and 98% reduction in error in
aerial images.
COMPETITIVE ADVANTAGE
Product Demo
Videos
Skylark offers enterprise drone solutions for worksite
intelligence, fleet management, and regulatory compliance
support through the following products:
Skylark is an Indian Government DIGITAL SKY certified
company with a plug & play proprietary HW module & SW
for drone manufacturers to be compliant to Indian
regulations.
• Spectra is an integrated drone data platform to
visualise your worksite and perform AI-powered
analytics that helps teams plan better. It accelerates
industrial productivity with actionable insights through
drone analytics.
• Drone Mission Ops (DMO) offers integrated fleet
management, mission planning and autonomous
flight execution suite.
• Watchtower enables increased airspace awareness
by providing free airspace maps and APIs and helps
the users flight be compliant.
CLIENTS

14. TEAM
Orangewood Labs has developed easy-to-use,
collaborative & tele-operable robotic arms,
capable of automating mundane human jobs
for manufacturing companies. The robotic arms
increase the efficiency of the plant, increase
output, reduce production delay, and reduce
dependence on manual labour.
Collaborative &
Tele-Operable Industrial
Robotic Arms
BRIEF
09
Location: Delhi
Founded In: 2018
# Employees: 10
WEF Global Shaper.
Founded Evomo
Abhinav Das
CEO & Co-Founder
Industrial Designer.
Mechanical Engineer
Aditya Bhatia
CPO & Co-Founder
Co-Founded ZoukLoans.
Facilitated funding of over
$20M
Akash Bansal
CBO & Co-Founder
Orangewood
Labs
• Intelligent Robot for Precision Welding
• In-line visual inspection for automotive
assembly lines
USE-CASES

15. 10
Unlike conventional robots, Orangewood offers AI-enabled,
low cost automotive gears that reduce backlash error. One
robot-mounted vision camera is sufficient to identify
defects, blemishes, paint, and missing objects. The robot
follows a user-defined trajectory to assist in distinguishing
between final and flawed products.
These robots can be used across all industries for quality
checking, trash picking, powder coating, and spray
painting.
PRODUCT
• Can be used for varied applications without requiring
any changes to the software or add-ons.
• Network enabled for teleops, tele-programming and
platform for sharing robotic apps.
• Flexible across 6 Degrees of Freedom.
COMPETITIVE ADVANTAGE
Product Demo
Videos
CLIENTS

16. 11
Location: Bengaluru
Founded In: 2020
# Employees: 25
TEAM
Anscer
Robotics
6+ years of experience in
Robotics. Holds a Bachelor's
degree in Mechatronics.
Ribin Mathew
Co-founder & CEO
5+ years of experience in
Robotics. Holds a Bachelor's
degree in Mechatronics.
Ebin Sunny
Co-founder & COO
4+ years of experience in
Robotics. Holds a Bachelor's
degree in Mechatronics.
Raj Mohan
Co-founder & CTO
16+ years of experience.
Expertise in the field of Sales,
Marketing and Business
development.
Raghu Venkatesh
Co-founder & Business Head
Anscer Robotics automates material movement
on factory floors such as picking, movement,
and sorting in warehouses through their
Autonomous Mobile Robots (AMRs) that can
understand and navigate their environment
without being overseen directly by an operator
or following a fixed predetermined path. They
also produce ANSCER engines - the brain
behind their AMRs - for other system
integrators to use in their solutions.
Automating Material
Movement on Factory
Floors
BRIEF
• Indoor mobility system for warehousing
• Automation of component movement in
shop floor
USE-CASES

17. 12
PRODUCT
• Using ANSCER AMRs can result in a 90% reduction in
material handling costs compared to alternative
solutions.
COMPETITIVE ADVANTAGE
Product Demo
Videos
Anscer Robotics’ AMRs optimize mobility and ergonomics
in indoor environments and can maneuver around
obstacles safely and intelligently. Its onboard sensors and
intelligent SLAM algorithms improve robot autonomy.
The core of the ANSCER engine consists of a powerful
GPU where sensory data from 2D/3D LiDARs, 3D
Cameras, in-built IMU and other safety level
sensors/actuators can be configured.
The robots have a runtime of 8 hours and a max speed of
1.2 m/s and are available in 3 different variants: AR 250
(max payload of 250 kg), AR 650 (max payload of 650 kg),
and AR 1250 (max payload of 1250 kg).
CLIENTS

18. 13
Location: Chennai
Founded In: 2018
# Employees: 44
TEAM
Robotics-enabled
Scavenging and Pipeline
Monitoring
Solinas Integrity offers robotics solutions for the
pipeline and sanitation industry. They have also
developed an AI solution to monitor and assess
pipeline integrity using smart devices and help
their customers with data-driven decision
making.
BRIEF
Solinas
Integrity
38+years of experience in
Academia, Alumnus of Drexel
University (PhD and M.S.) and
University of Madras (B.E.).
Dr. Krishnan
Balasubramanian
Co-Founder, Technology Expert
Alumnus of Imperial College of
London (PhD) and IIT Madras (M.
Tech), Co-founded Plenome and
has a total experience of 12+
years in Academia.
Dr. Prabhu Rajagopal
Co-founder, Strategist
Co-founded Alcheme Robotics
and Involve,
Alumnus of IIT Madras (B. Tech).
Divanshu kumar
Chief executive officer
• Robotic pipeline inspection for industries
• Automated & Robotic scavenging
USE-CASES

19. 14
PRODUCT
• 3x faster septic tank cleaning.
• 2x increase in household income of safai karamcharis.
• iGlobus enables long distance inspections for up to 24
hours.
COMPETITIVE ADVANTAGE
• HomoSEP: This robot was designed to eliminate
manual scavenging. It can homogenise the bottom
hard sludge of deep septic tanks and pump the
tank slurry using an integrated suction mechanism.
• Endobot: It is a pipeline crawler that is used to
pinpoint the location of defects and categorize
them, identify leaks and other contamination. It is
used in conjunction with the Swasth AI and enables
asset managers to take preventive maintenance
actions.
• iGlobus: It is a 7-inch spherical flow-propelled robot
developed for long-range inspection of pressurized
water pipelines that are 10 inches or larger. It
carries acoustic sensors to detect leaks and
odometry sensors to detect position. It is capable
of inspecting unpiggable pipelines.
Product Demo
Videos
Solinas Integrity’s products are aimed at achieving a
sustainable future by reducing wastage of water and
completely removing human intervention from septic tank
cleaning.
CLIENTS

20. PQSI Digital
Location: Chennai
Founded In: 2018
# Employees: 20
TEAM
15
23 years of experience in
Information Technology services
with specialization in Big Data,
eCom Service Excellence,
Analytics & ERP.
Venkat Krishna
Founder & CEO
PQSI Digital offers a platform for Digital
Transformation that enhances engineering,
operations and performance for manufacturing
value streams to deliver sustainable quality and
yield improvements, by monitoring more than
155,000 critical quality parameters. Their
offerings include domain consulting, digital
consulting, training and support.
Digital Platform for
Enterprise-wide Quality
Control Monitoring
BRIEF
• Digitalisation of Shop Floor for end-to-end
factory operations
• Digitalisation of Standard Operating
Procedure
USE-CASES

21. PQSI’s product, StatPort brings convergence across
manufacturing functions. The product :
PRODUCT
• Deployable adapters that are ready to deploy for 30+
data sources.
• Domain-agnostic Plug & Play system.
COMPETITIVE ADVANTAGE
• Integrates data across sources, agnostic to
functions and data structure leading to
instantaneous translation & generation of metadata.
• Performs analytics, powered by Statistical Models.
Interfaces for advanced analytics & enterprise
integration.
• Configurable MDMs – Framework to Harness &
Manage Data Streams, Inherit MIS, Documents,
User Vocabulary.
• ML Parsers – Processing batch & live data streams.
Product Demo
Videos
16
CLIENTS
Adding Value
Industrial Ceramics
Making
Materials
Matter

22. Location: Bengaluru
Founded In: 2015
# Employees: 05
TEAM
17
Deliverain
Business Development
18 years of experience in
Tech Sales
VimalKanth Tummala
Co-Founder & CEO
Customer Success
17 years of experience in
Software Delivery
Gokul Rajesh
Co-Founder & COO
Deliverain is on a mission to disrupt Industrial
Operations by introducing computer vision and
immersive computing to their processes.
Through their vision intelligence platform, they
establish an interactive relationship between
man and machine allowing industries to
optimize the safety, productivity and
performance of their frontline technicians.
Reimagining Industrial
Operations with
Performance Intelligence
BRIEF
• Process Digital-twin for Blast Furnace
Operations
• Asset Monitoring System
• Digitalisation of Shop Floor for end-to-end
factory operations
USE-CASES

23. PRODUCT
• Reduced fuel consumption through process
optimization - 3 to 5% more output per unit of fuel.
• 5+ years life extension for power plants and networks.
• 5 - 10% reduction in the operating & maintenance
costs of plants.
• Low code, rapid setup platform.
COMPETITIVE ADVANTAGE
Scaffold™ is an Industrial Software Solution Suite that
Streamlines Industrial Operations by harnessing the
power of data, artificial intelligence, and digital
technologies. Scaffold™ uses Computer Vision and
Deep Learning to detect equipment Wear & Tear; and
provides Augmented Reality based Service Manuals to
carry out Maintenance, Repair, and Overhaul tasks.
Scaffold™ enables Industrial Workforce to perform
their jobs with high levels of productivity and low error
rates. The platform prepares the Industrial Workforce
for the new Normal - The Digital Economy and through
the process Scaffold™ helps accelerate Industry 4.0
Adoption.
Product Demo
Videos
18
CLIENTS

24. 19
Location: Trichy
Founded In: 2022
# Employees: 10
TEAM
AugurAI is a Machine Vision based startup that
helps with Quality Assurance in Manufacturing
Industries. The startup provides a complete
solution that includes a Special Purpose
Machine (SPM), Cameras and Computer Vision
algorithms to identify defects in real-time.
Automated Visual Quality
Assurance
BRIEF
• Surface Quality assurance system
• Automated Visual Quality Inspection of the
finished products/goods
• Dimensional measurement & quality
assurance for assembly lines
USE-CASES
AugurAI
PhD with 13+ years Experience
in Data Science & AI
Ravishankar Rajagopalan
Co Founder/Chief Executive Officer

25. 20
PRODUCT
• Hardware-agnostic optical systems that provides
robust & cost effective visual intelligence.
• Zero Learning Curve for QA inspectors.
• Rapidly Deployable & Scalable solution with a
deployment timeline of 1 week.
• Defects captured with 99.9% accuracy.
COMPETITIVE ADVANTAGE
• Optical System that includes best in class,
off-the-shelf cameras, lenses and lighting system.
• Proprietary Computer Vision Software that offers
actionable insights for quality improvement with the
capabilities to detect internal & surface defects,
dimensional measurement, and process
compliance.
• Special Purpose Machines, that can be integrated
onto the manufacturing assembly line, that aid the
vision intelligence solution.
Product Demo
Videos
CLIENTS
Augurai combines optical technology (cameras, lenses &
lighting) with AI-enabled visual intelligence, eliminating
manual inspection & providing early detection of defects. It
offers a fully customisable and automated system that
comprises of three major elements for real time error
detection in manufacturing lines.

26. CamCom
Location: Bengaluru
Founded In: 2017
# Employees: 64
TEAM
21
Umesh
Co-Founder & CRO
Ajith Nayyar
Co-Founder & CEO
25+ years of experience in
strategy advisory and technology
consulting services. He was Vice
President at AugRay and Global
Practice Head at Wipro
23+ years of experience in
networking, media and products
35+ years of experience
in the IT industry. He was the
Global Business Head at Wipro
and India CEO of ANSR Source
Mahesh Subramanian
Co-Founder & COO
CamCom is an industry-agnostic, AI-powered
platform for visual inspections built on a
Computer Vision stack. CamCom’s solution
enables the creation of a visual track across the
life cycle of the product, and identifies any
damages & defects - with applications in
automotive, manufacturing, logistics and
warehousing industries.
AI-Powered Visual
Inspection systems
BRIEF
• Automated Visual Quality Inspection of the
finished products/goods
• Aftermarket Vehicle Inspection for defect
identification & insurance processing
• Warehouse Inventory Management system
USE-CASES

27. PRODUCT
• Zero false positives and 100% true negative detection.
• 99.97% accuracy in defect detection.
• 10X faster than conventional methods.
COMPETITIVE ADVANTAGE
CamCom’s flexible AI powered inspection systems can be
deployed through bespoke rigs, mobile devices or UAVs
depending on the customer requirements for precision and
speed.
Their solution uses unique digital signature analytics to
visualize data - making it faster to respond to issues and
easier to identify enhancements. The processing, analytics,
and control functions are remotely configurable, providing
centralized management of the distributed operations.
Product Demo
Videos
CLIENTS
I N S U R A N C E
22

28. Puzzles
Technologies
Location: Bengaluru
Founded In: 2019
# Employees: 50+
TEAM
23
Puzzles Technologies
20+ years of experience in the
development of ADAS, computer
vision and machine learning
Apoorva Ankad
Managing Director
Puzzles Technologies provides AI-based
IIoT, Industry 4.0 and digitization solutions, as
well as end-to-end Quality Management
Systems for defence, automotive &
manufacturing industries.
AI-based Visual Inspection
& Quality Monitoring
Systems
BRIEF
• Surface Inspection System for
Manufacturing plants
• Dimensional measurement system for
assembly lines
USE-CASES

29. PRODUCT
• End to end offering for faster deployment and value
creation for clients. It delivers hardware and software
capabilities across the entire stack at reduced lead
time.
COMPETITIVE ADVANTAGE
Puzzles Technologies has developed a Visibility
Forecasting System (VFS) for the Indian Air Force,
that helps with mission planning and situational
awareness. In addition to this, they also have a number of
solutions for manufacturing and automotive industries:
Official Website
24
CLIENTS
STEEL
EXQUISITE IMAGINATION
Eddy Home
• Surface Inspection System (SIS) for Manufacturing
plants & OEMs, to automate and streamline quality
inspection processes, improve product quality,
reduce defects, and increase productivity.
• Dimensional Measurement Systems (DMS) are
non-contact based length, width, and height
measurement systems that ensure accurate and
consistent product dimensions, enabling
companies ensure that their products meet industry
standards and customer requirements.
• Autonomous vehicle ADAS enabling vehicles to
navigate and make decisions in real-time based on
their surroundings. It also provides Vehicle
Inspection System (VIS) complete inspection of the
assembled vehicle.

30. 25
Location: Chennai
Founded In: 2018
# Employees: 29
TEAM
BeezLabs aims to transcend the limitations of
Robotic Process Automation (RPA) by enabling
the seamless integration and automation of
business processes. Their platform provides a
360-degree overview of processes supported
by quick insights to maximize productivity. They
also facilitate the implementation of
desktop-less environments and allow for
limitless scalability.
End-to-End Business
Process Automation
BRIEF
Beez Innovation
Labs
15+ years of experience with
proficiency in Automation and
Artificial Intelligence.
Mario Dominic
Co-Founder, MD & CEO
14+ years of experience with
proficiency in SAP APAB,
Kubernetes, CI/CD and Docker
Products.
Karthikeyan Venkatesan
Co-Founder, Executive Director and CTO
• Robotic Process Automation for Supply
Chain & Inventory Management
USE-CASES

31. 26
PRODUCT
• Low-code RPA Agent allows for increased speed and
reliability without traditional coding.
• Tulip enables businesses to scale at 10x speed with
desktop-less environments and automation features.
• Faster deployment time compared to the Industry
average. One-third of the time taken to deploy.
COMPETITIVE ADVANTAGE
• SmartFinance: Its framework enables journal entry
automation within sap and increases the speed and
efficiency of the journal entry postings.
• SmartInvoice: It is a non-templatized approach to
automate accounts payable using AI engine. Their
AI/ML models are trained to handle invoices in any
format and their intelligent data search engine
identifies and extracts key data from invoices.
Product Demo
Videos
CLIENTS
BeezLabs' Tulip is a hyper automation platform that
provides a comprehensive Workflow Designer Studio,
where users can create their custom bots. Automation
services provide users with the means to automate
end-to-end business processes that can be triggered with
simple inputs. Additionally, automations can be scheduled
to run at predetermined frequencies. TULIP for SAP®
customers allows for automation within SAP.
Tulip also offers the following turnkey solutions :

32. Minion Labs
Location: Bengaluru
Founded In: 2017
# Employees: 20
TEAM
MinionLabs provides businesses & factories
with device-level insights on their electricity
consumption by leveraging data & 5AI
practices through its real-time smart energy
management solution. These insights support
clients to become sustainable and energy
efficient, by unlocking energy savings of up to
30% (along with CAPEX & OPEX savings).
BRIEF
27
Total of 6+ years of experience
in Sustainability
Gokul Shrinivas
CEO
Intelligent IoT-based Energy
Monitoring
• Energy monitoring, optimisation &
management
• Predictive & Prescriptive maintenance for
power intensive assets
USE-CASES

33. PRODUCT
• Single sensor at the MCB level offers device level
analytics on energy consumption, thus reducing the
capex for companies.
• 3-minute plug & play on-site installation of the device.
• Comprehensive energy/power signatures with 8000+
asset signatures as part of the MinionLabs database.
COMPETITIVE ADVANTAGE
Minion uses ML and AI-based edge computing to
detect energy signatures of HVAC and study patterns
of energy consumption at single point of connect,
providing highly accurate analytics & cost effective
monitoring. To identify all potential avenues for energy
savings, they perform the following 5 AI practices:
• Descriptive Analytics - Offers the description of
realtime & historical data analytics as soon as the
EMS is installed in the building.
• Diagnostic Analytics - Offers 3D benchmarking, eg.
real time energy signature vs predefined energy, to
see deviations in energy consumption, its price &
trends.
• Predictive Analytics - Offers prediction of energy
consumption data, carbon footprint, energy bill
forecast, etc., along with predictive maintenance
schedule.
• Prescriptive Analytics - Sends real-time notifications
to the users with various stats, energy saving
recommendations, action points & solutions.
• AI - Searches its energy efficiency database which
runs various probabilities and decision analysis to
find the similar problem & it’s list of available
solutions. Product Demo
Videos
28
CLIENTS

34. 29
Location: Chennai
Founded In: 2022
# Employees: 4
TEAM
Wankel Energy
Systems (WES)
Research Scholar at IIT Madras and
Swinburne University of Technology
(Direct Joint PhD) and Alumnus of
Anna University (B.E.).
Balachandran Raju
Co-founder
Doctoral Researcher at IIT Madras
(PhD Scholar, M.S.) and Alumnus
of Pondicherry Engineering
College (B. Tech.).
Gautam Subburaj
Co-founder
Co-founded Thermelgy.
Alumnus of Texas A&M University
(PhD and M.S.) and University of
Madras (B.E.).
Satyanarayanan Seshadri
Co-founder
WES focuses on harnessing wasted energy by
designing and manufacturing expanders with
superior efficiency and power density. Their
sustainable solutions effectively improve
industrial plant efficiency in an economical way.
The Phoenix, with its unique design, solves the
problems associated with traditional turbines
and expanders. It generates power in ‘pressure
let-down scenarios’, which typically result in
reduced energy and poor efficiency in process
industries.
Harnessing Wasted
Energy in Industrial Plants
BRIEF
• Harnessing waste energy from Industrial
Boilers
USE-CASES

35. 30
PRODUCT
• Superior part loading performance and peak efficiency
with an isentropic efficiency of approximately 80%,
compared to existing solutions such as turbines and
reciprocating machines, which typically have an
efficiency of around 45%.
• Net Carbon Savings vary from 0.5 kg/kWh to 1 kg/kWh
generated, depending on the fuel used in the generation
process. For a 50 kW system, 198T to 400T of CO2 can
be saved.
COMPETITIVE ADVANTAGE
Official Website
The Phoenix expander is specifically designed to handle
wet steam and offers superior isentropic efficiency both at
full load and part loading scenarios. It comes with a
patented mechanism that enables it to perform highly
efficiently under variable loading conditions, generating
power in pressure let-down situations that usually lead to
entropy and reduced energy. WES has successfully
transformed a technological breakthrough into a product
innovation.
The expander has a low number of components which
improves reliability and reduces maintenance requirements.
Additionally, the Phoenix is lightweight and compact,
occupying approximately half the size and weight of
reciprocating expanders with comparable power output. It
is available in 25kW, 55kW, and 100kW models.
CLIENTS
Hatsun Agro Product Limited

36. Location: Chennai
Founded In: 2014
Employees: 15
TEAM
Blaer Motors
31
9+ years of experience in Sales,
Marketing and Strategy
Adarsh Lakshmanan
Co-Founder & CBO
The brain behind the vast
portfolio of Blaer’s drivetrain
solutions and its associated IPs
with 9+ years of experience
Ashwin Badri
Co-Founder & CTO
An alumnus of TISS, Mumbai
with 9+ years of experience
Abinesh Ekambaram
Co-Founder & MD
Blaer offers hybrid and electric drive-train
technology with AI-based control units that
allow customers to lower emissions while
enhancing performance and range, with lower
operating costs and total cost of ownership.
Blaer's solutions are versatile and can be
applied to a variety of platforms, such as 2W,
3W, 4W, Agri, Aviation, and more. Furthermore,
their technology is fuel agnostic and can be
utilized with ICE, HEV, BEV, FCEV, H2ICE, and
Flex Fuel Hybrids.
Hybrid Electric Drive-train
Technology
BRIEF
• Hybrid powertrain for 2-wheelers and
4-wheelers
• Vehicle performance management system
USE-CASES

37. • Proprietary AI-Powered intelligent control units enable
connected intelligence, predictive and preventive
maintenance, advanced driver data insights,
unsupervised learning capabilities, warranty
management, and predictable vehicle residual value.
• SPA Architecture: Plug-in parallel hybrid system
(BH01) architecture that can use either the motor or
the engine to power the vehicle, or both at the
same time, providing best in class performance and
fuel efficiency. BH01 can convert even manual
transmission vehicles into plug-in hybrids.
• SHPA Architecture: Patented series hybrid
technology based on BH02 platform - both the
engine alternator and the battery can power the
motor at the same time.
• BICS has Vehicle Control Unit (VCU) for HEV & EV
and Motor Control Unit (MCU) - paired with an
AI-enabled mobile application that automatically
fine-tunes the vehicle based on ride and handling
analysis.
Product Demo
Videos
CLIENTS
Blaer’s advancements in hybrid technology have given rise
to innovative architecture solutions like Secondary Power
Assist (SPA) and Synchronized Hybrid Power Assist (SHPA),
coupled with Blaer Intelligent Control Systems (BICS):
ABLE AGILE YOU
PRODUCT COMPETITIVE ADVANTAGE
32

38. Goenvi
Technologies
Location: Thane
Founded In: 2019
# Employees: 02
TEAM
M.S with 18+ years of experience
in Manufacturing and Fabrication
Manojj Natarrajan
Director
33
Goenvi Technologies offers innovative solutions
that convert end-of-life hydrocarbon waste
such as plastics, MSW refuses and agricultural
waste into sustainable alternative fuels through
pyrolysis. It caters to multiple industries
including power, oil & gas, manufacturing,
agriculture, municipal corporations, and others.
Their technology helps reduce carbon footprint,
eliminate waste management costs, and
support a cleaner & sustainable future.
Alternative Fuel production
via Hydrocarbon Waste
Pyrolysis
BRIEF
• Plastic to Fuel Conversion plant
• Solid Waste Management System
USE-CASES

39. PRODUCT
• End products average 35% higher Gross Calorific
Value (GCV), and have Low Moisture and Ash content.
• Substantially reduced GHG Emissions, as well as
negative carbon impact.
COMPETITIVE ADVANTAGE
Goenvi Technologies produces fuel (bio-char & bio-oil)
from the controlled burning of hydrocarbon wastes
(biomass & plastics) using their proprietary Catalytic
Thermal Decomposition Pyrolysis (CTDP) technology
(Pyrolysis and Torrefaction).
Key conversions of end-of-life hydrocarbon waste are
as follows:
• Waste plastic into diesel-grade light oil called Petro
Alternate Fuel (PAF).
• Municipal Solid Waste RDF (Refuse Derived fuel)
into pyro-oil called PAF and Pyrolytic char.
• Torrefaction of biomass waste can separate solids
i.e., Bio-Char (Coal like material), from volatile,
liquid, and gaseous compounds that can be used
as fuel.
Product Demo
Videos
CLIENTS
34

40. Ex-Goldman Sachs and an
alumni of London School Of
Economics
Adhikar Naidu
Co-Founder
Ex-Meta and an alumni of
London School Of Economics
Aakarsh Naidu
Co-Founder
Signa X is building infrastructure for the
industrial metaverse by creating a decentralized
platform that enables businesses to build and
operate virtual environments for their industrial
operations. This platform allows companies to
create virtual versions of their physical factories,
warehouses, and other industrial facilities,
allowing them to optimize and streamline their
operations in a virtual world.
3D Asset Creation &
Tokenization Platform for
the Metaverse
BRIEF
Location: Bengaluru
Founded In: 2019
# Employees: 05
TEAM
Signa X
35
• 3D visualization for shop floor assets
• Generative AI based real-time 3D asset
creation
USE-CASES

41. • Asset Creation via full-stack 3D asset creations
tools.
• Tokenization of 3D Assets as well as leasing
protocol for the tokenized assets.
• 3D marketplaces to empower metaverse
economies and gaming guilds.
The Signa X platform is built on the Interplanetary File
System (IPFS). It is a distributed file storage protocol that
allows computers all over the globe to store and serve files
as part of a giant peer-to-peer network. The SignaX
Platform is designed to develop metaverse and gaming
experiences at scale, focused on enabling companies &
creators to enter the metaverse via its 3 services:
PRODUCT
• Lightning-Fast and Cost-Effective Tokenization: At
least 2x faster and 5x cheaper than existing solutions
in the market.
• Interoperability: Only platform that is highly
interoperable and has multi-chain leasing protocol for
tokenized assets.
• Real Time 3D Asset Creation: A generative
AI-powered platform for instant creation and
tokenization of 3D assets from images and texts.
COMPETITIVE ADVANTAGE
Product Demo
Videos
CLIENTS
36

42. Location: Pune
Founded In: 2016
# Employees: 10
TEAM
Maximl offers a full-stack collaboration platform
for deskless workers across process industries
in the Oil & Gas, Resources, Chemical & CPG
sectors - by standardizing workflows and
enabling productivity improvement & reduction
in training time for new employees.
Connected Worker
Platform for Deskless
Workforces
BRIEF
37
Maximl Labs
Co-founded Pathfndr and was an
associate at Goldman Sachs and a
Research Associate at
INRIA France
Pankaj Pawan
Co-Founder & CEO
Leads sales and operations at
Maximl. Led process excellence
and digital at Agri-business - ITC
(generated >$1M of annual
savings)
Manish Arora
Co-Founder & COO
Leads product & engineering at
Maximl. Ex-Research Associate
at Intel
Samir Otiv
Co-Founder & CTO
• Digital work instructions for shop floor
workers
• Digitisation of Standard Maintenance
Protocols
USE-CASES

43. 38
• No-Code Template Authoring: Quick SOPs &
checklist authoring, intelligent job scheduling, and
adding localized context to OEM manuals.
• Assisted Job Execution: Interactive work
instructions, real-time collaboration, and on-the-job
training.
• Continuous Process Optimization: Real-time
operational insights, automation of workflows, and
back-office automation.
Maximl’s Connected Worker platform hosts a powerful suite
of mobile-first solutions that are customization-friendly and
scalable. This solution enables the industries to solve the
problem of last-mile workflows across use cases in
maintenance, inspection, safety, and operations.
PRODUCT
• Quick Deployment with accelerated time-to-value of 6
weeks for 100 users.
• No Code Platform that enables writing media-rich
SOPs & checklists in a few minutes, with configurable
dynamic business logic and workflows.
• Automation and IoT connectivity allows for
streamlining of back-office tasks and reduction of
administrative burden through paperless transition &
templates.
COMPETITIVE ADVANTAGE
Product Demo
Videos
CLIENTS

44. 39
Location: Ahmedabad
Founded In: 2016
# Employees: 29
TEAM
Plutomen
Alumnus of IMT Nagpur (PGDM)
with 15+ years of experience
with expertise in business
development and finance.
Keyur Bhalavat
Founder & CEO
11+ years of total experience
with expertise in product
development and research.
Hiren Kanani
Co-founder & CTO
12+ years of total experience
with expertise in AR-VR designs
and workflow.
Ravi Patel
Co-founder & CDO
Plutomen offers enterprises a configurable AR
remote assistance platform that enables
frontline workers to connect, collaborate, and
coordinate. The platform comprises digital
solutions for remote assistance, digital work
instructions, and immersive training. This allows
industrial clients to increase output, expand
frontline capabilities, cut costs, and maximize
revenue development while advancing
sustainability and employee safety.
AR-enabled Connected
Workforce Platform
BRIEF
• Remote support system for field technicians
• Digital work instructions for shop floor
workers
• AR/VR based training for industrial
workforce
USE-CASES

45. 40
PRODUCT
• The AR platform is device agnostic. It works with
various systems without any particular adaptations.
• The solution can be readily used alongside enterprise
software such as SAP, Microsoft, Salesforce, and
others, which accelerates adoption and reduces
customer acquisition costs.
• 50% reduction in training cost and 25% in scrap cost.
COMPETITIVE ADVANTAGE
• Plutomen Connect: This remote visual assistance
platform increases the first-time fix rate by
leveraging an AR-powered camera stream to guide
technicians in real-time with hand-drawing,
marking, or writing texts in the form of AR
annotations. It also offers one-click connectivity
with experts and a centralized user and data
management system.
• Plutomen Workflow: This work assistance platform
manages digital work instructions, process
checklists, SOPs, real-time event capturing, tagging
and documenting, digital audits, compliance, and
inspections. The tool helps streamline workers'
knowledge with on-the-job digital instructions.
• Plutomen Assist: It offers immersive AR training to
impart technical skills and industrial knowledge.
Unique step-by-step interactive instructions appear
directly in the employees' eyeline.
Product Demo
Videos
Plutomen’s AR platform comprises the following three
digital products to enable remote visual assistance, digital
work instructions, and immersive training.
CLIENTS

46. +91 94433 54321
info@forgeforward.in
www.forgeforward.in
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