ThinKuvate Backs Rosh.ai and Zippee Among Others In Early Age Seed Round
- By MT Bureau
- September 30, 2024
Singapore-headquartered angel investment platform ThinKuvate has announced the first close of its India fund at INR 250 million. The investment comes within four months of the formal launch of the ThinKuvate India Fund — I.
The firm has made investments in four startups – Rosh.ai, Zippee, Pantherun, and NymbleUp.
Rosh.ai was founded in 2021 by Roshy John and Rajaram Moorthy. It specialises in autonomous vehicle technology, providing solutions for the automotive, seaport, and mining industries. The company has raised $1 million in Pre-Series A led by EV2 Ventures, with participation from Caret Capital and ThinKuvate.
Zippee was founded by Madhav Kasturia in 2021 and offers same-day delivery for more than 100 (D2C) brands. Zippee is scaling its operations in metro cities and expanding its brand partnership.
Founded in 2019 by Srinivas Shekar, Pantherun is a cybersecurity company specialising in advanced data protection solutions. The company has raised a bridge round led by QuickHeal Family Office and SIDBI Ventures, with participation from 8X, PiperSerica, and ThinKuvate.
NymbleUp.ai was founded in 2019 by Yogesh Bhatt & Manish Thakur. It has secured pre-series A led by Chandigarh Angels, IVY Cap, and ThinKuvate. It provides AI-driven predictive workforce management solutions for QSRs and retail chains; forecasting demand across all sales channels at 15-minute intervals.
ThinKuvate plans to invest in early-stage startups from seed to Series A, focusing on companies leveraging technology at the forefront.
Ghanshyam Ahuja, Managing Partner, ThinKuvate said, “We have been investing in Indian startups and saw the potential growth opportunities. That led us to launch an India-focused fund, we have reached the first milestone in little over 100 days. This validates our thesis on the next-gen innovations taking place in India, which have a global appeal.”
ThinKuvate continues to raise its target corpus, the fund plans to invest in 30 – 40 startups with an average investment size of INR 15 million to INR 40 million. The fund has also attracted top tier general partners globally, to manage the deal flow, due diligence, and overall portfolio management. More than 50 percent of investors in the fund are NRIs from various countries, top of them being Singapore, Australia, the USA, the UK, and Indonesia.
Mayank Jain, CEO, ThinKuvate, says, “We have built capabilities within our team to provide support and help to startups scale faster. The profile of limited partners, who are working professionals with senior roles in large corporates, would be a huge differentiator for the companies we back. Our vast network will not only bring in quality capital but provide access to the founders to accelerate their growth journey post funding from ThinKuvate. As we continue to raise the target corpus, we have already built a healthy deal flow and we are confident that with this fund, we will be able to build a strong portfolio and generate stellar returns for our investors.”
- Affordable Robotic & Automation
- ARAPL
- ARAPL RaaS
- Humro
- Atlas AC2000
- Humro Maia2000
- Robinson Philipose
- Melind Padole
ARAPL Subsidiary Humro Secures US Department Of War Approval For Autonomous Industrial Vehicles
- By MT Bureau
- November 03, 2026
Affordable Robotic & Automation (ARAPL) has announced that its subsidiary ARAPL RaaS, operating under the Humro brand, has received Conditional Approval from the US Department of War for its specified autonomous industrial vehicles under the US Federal Communications Commission (FCC) framework.
The approval, issued by the FCC following national security assessments, covers Humro’s Maia2000 autonomous pallet trucks and Atlas AC2000 autonomous forklifts. The decision grants the specified devices exemption from FCC Covered List restrictions, which were introduced in July 2026 for foreign-produced robotic devices.
Humro is among 13 global robotics operators, and the only Indian entity, to receive conditional authorization under the updated guidelines. The approval enables the company to enter the US material-handling market, subject to compliance with onshoring plans, local manufacturing commitments over the next two years, and equipment authorisation requirements.
Robinson Philipose, Co-Founder and Chief Executive Officer, Humro, said, "This is a significant milestone for Humro and an important validation of our technology and our commitment to building globally competitive robotics solutions. Being among the first few robotics companies worldwide to receive Conditional Approval under the revised US regulatory framework is a matter of great pride for us."
"Following the regulatory changes, our team worked relentlessly to replace certain key components that did not meet the revised guidelines. This also required us to make corresponding changes to our technology to ensure compliance. We completed the modifications, submitted our application and secured FCC approval within a remarkably short period. This demonstrates the agility and technical capabilities of our team. The approval strengthens our position as we look to expand our international footprint and take our autonomous material-handling solutions to customers in the US. We see considerable potential for robotics to transform warehouse, manufacturing and logistics operations. As part of the Conditional Approval, we are also committed to commencing manufacturing in the US in phases over the next two years. We are actively looking to partner with like-minded local players to establish our manufacturing operations in the country," Philipose.
Melind Padole, Founder and Director, ARAPL Group, said, "These are exciting times, with our teams in the US and India expanding rapidly. Securing FCC approval within such a short period demonstrates the strength of our team and the capabilities of our products. As we prepare to commence manufacturing in the US in line with FCC requirements, we have also begun working towards meeting the requirements of the Buy American Act (BAA) and the Trade Agreements Act (TAA). In parallel, we are developing a new technology platform based on Vision-Language Action models. Our next-generation robots will be more human-like in their ability to perceive, understand and interact with their surroundings, and will incorporate reinforcement learning capabilities. This will enable them to learn from experience, adapt to changing environments and perform increasingly complex tasks."
- Infineon Technologies
- Qualcomm Technologies
- Inc
- AI
- Snapdragon Ride
- AURIX
- OPTIREG
- SDV
- Ride Flex
- SEMPER NOR
- BRIGHTLATE
- Peter Schiefer
Infineon Partners Qualcomm To Support Central Car Computers For Software-Defined Vehicles
- By MT Bureau
- November 03, 2026
Infineon Technologies has announced a technology agreement with Qualcomm Technologies, Inc. to integrate a microcontroller-based design pattern into Qualcomm's Snapdragon Ride reference platforms for high-performance computing and in-vehicle Artificial Intelligence (AI).
The initiative combines Qualcomm's systems-on-chip (SoC) with Infineon's hardware and software components for safety management, connectivity and memory handling to support centralised architectures in Software-Defined Vehicles (SDVs). The development will be highlighted ahead of the electronica trade fair in Munich.
The subsystem is built around an Infineon AURIX microcontroller and OPTIREG integrated circuits for power management, operating alongside Qualcomm's Snapdragon Ride and Ride Flex platforms to monitor system health, coordinate safety mechanisms and provide real-time control.
The architecture is supported by a dedicated software package designed to pre-integrate firmware and connect with vehicle networks such as Ethernet and CAN. In addition to the microcontroller subsystem, Infineon contributes BRIGHTLANE Automotive Ethernet and USB connectivity devices alongside SEMPER NOR Flash memory qualified for the Snapdragon Ride ecosystem.
Peter Schiefer, President of the Automotive Division, Infineon, said, "With Qualcomm Technologies’ Snapdragon Ride, we enable the automotive industry to build and scale a new generation of car computers that combine tremendous computing and AI capabilities with the reliability required on the road. Our collaboration reflects a fundamental approach to centralised vehicle computing, which combines a powerful SoC with a set of specialised components around it, including a safety microcontroller, power management, connectivity and memory devices. All these components need to work together seamlessly to help enable safe vehicle operation. Infineon provides essential functional building blocks and integration expertise for building the trust foundation for software-defined vehicles that leverage the power of AI."
LG Energy Solution Launches Global Battery Innovation Contest 2026
- By MT Bureau
- October 30, 2026
LG Energy Solution has announced the launch of the Battery Innovation Contest 2026 (BIC 2026), inviting universities and research institutions globally to submit research proposals between 29 October and 6 December 2026 via its online open innovation platform, BRIDGE.
Now in its 10th year, the program aims to identify and fund research concepts with potential for commercialisation across the battery industry. BIC 2026 incorporates two application streams: a thematic call addressing specific development topics identified by LG Energy Solution across materials, cells, battery management systems and artificial intelligence; and an open-topic call permitting researchers to submit original proposals.
To safeguard intellectual property, the contest uses a two-stage evaluation process requiring a brief concept proposal during the initial review before shortlisted applicants submit detailed submissions.
Since 2017, the Battery Innovation Contest has supported approximately 50 research projects. Select projects with verified feasibility have been expanded into longer-term initiatives at the company's Frontier Research Laboratory joint research centres. Previous outcomes include patent filings for physics-based battery management models and research on room-temperature all-solid-state batteries published in academic journals.
Je-Young Kim, CTO, LG Energy Solution, said, "By joining forces, industry and academia can drive innovation across the battery industry. Building on our differentiated technological competitiveness, LG Energy Solution will continue to accelerate its growth in the battery market."
- Wavye
- NVIDIA
- Stellantis
- Assises du Véhicule Autonome
- autonomous
- Philippe Tabarot
- Kaity Fischer
- Anne Laliron
- Ali Kani
Wayve, NVIDIA, And Stellantis Collaborate To Develop Autonomous Vehicle Ecosystem In France
- By MT Bureau
- October 26, 2026
Wayve, NVIDIA and Stellantis have announced a joint collaboration alongside the French government at the Assises du Véhicule Autonome to support the deployment of autonomous vehicles in France and across the European Union.
The initiative combines Stellantis’ L4-Ready Platforms with the Wayve AI Driver system, integrating NVIDIA Halos OS on the NVIDIA Hyperion compute and sensor architecture. The collaboration aims to establish an autonomous vehicle value chain in France, spanning silicon development, software integration and vehicle manufacturing.
Local transport partners will engage with trade unions, municipal authorities, and mobility stakeholders to address regulatory alignment, safety requirements, and operational deployment.
Philippe Tabarot, French Minister of Transports, said, "I am pleased to see this collaboration between Wayve, NVIDIA and Stellantis launched at the Autonomous Vehicle Forum in France. France is committed to adapting its regulatory framework to accelerate the development of autonomous vehicles while maintaining strict safety and data sovereignty requirements. By bringing together trade unions, city authorities, and mobility stakeholders, this collaboration embodies the collaborative spirit of the Assises du Véhicule Autonome, as well as the approach required to transition from trials to real-world deployment."
Kaity Fischer, VP Autonomous Mobility & Operations, Wayve, said, "France is leading the way in preparing for autonomous vehicles, and we’re proud to enter this collaboration at such an important moment. By working directly with the French Government and our partners, we can help shape how this technology is deployed safely and responsibly and accelerate its development across the country and entire EU."
Anne Laliron, SVP of Technology Research, Stellantis, said, "This collaboration will help accelerate the delivery of autonomous driving technologies that make mobility safer and more convenient for customers. While its impact is global, France is one of Stellantis’ key centres for engineering and technology development, making it a natural home for advancing the future of AI-powered mobility."
Ali Kani, VP of Automotive, NVIDIA, said, "Bringing safe autonomous mobility to Europe requires deep collaboration across AI, computing and vehicle engineering. NVIDIA Hyperion platform, combined with Wayve’s embodied AI and Stellantis’ automotive expertise, provides a foundation for that ambition. Together with the French Government and local partners, we can help build an ecosystem that brings the benefits of autonomous driving to communities across France and Europe."

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