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.”
- Tangentia
- Enmovil Solutions
- Team Canada Trade Mission
- Maruti Suzuki India
- Mahindra & Mahindra
- TVS Motor Co
- Daimler
- Nestle
- Hero MotoCorp
- Indus Towers
- Ashok Leyland
- Ravi Bulusu
- Vijay Thomas
Enmovil Partners Tangentia To Enter Canadian Manufacturing And Automotive Markets
- By MT Bureau
- November 12, 2026
Enmovil Solutions has formed a partnership with Tangentia to provide supply chain orchestration software to manufacturing and automotive enterprises in Canada. The agreement was formalised during the Team Canada Trade Mission to India in October 2026, led by Canada's Minister of International Trade, Maninder Sidhu, which resulted in 34 agreements valued at nearly CAD 300 million.
Under the terms of the agreement, the companies will combine Enmovil's CADDIE supply chain platform with Tangentia's integration and Agentic AI systems. Tangentia will manage go-to-market operations, deployment and customer support in Canada, targeting manufacturers, automotive original equipment manufacturers, electric vehicle and battery producers, defence contractors and supplier networks. Enmovil's platform manages demand, inventory, production, and logistics planning for clients including Maruti Suzuki India, Mahindra & Mahindra, TVS Motor Co, Daimler, Nestle, Hero MotoCorp, Indus Towers and Ashok Leyland.
Ravi Bulusu, Co-Founder and CEO, Enmovil, said, “Canada is a natural next step in Enmovil’s global expansion. Its manufacturing and automotive sectors run on complex, tightly connected supply chains, where faster and better-coordinated decisions translate directly into cost and service outcomes. By combining CADDIE, Industry’s leading Agentic supply chain decisioning and orchestration platform, with Tangentia’s solutions and local expertise, we can offer Canadian enterprises a joint solution that helps them make faster, better-informed supply chain decisions. We look forward to working with Tangentia to bring this to more businesses in Canada.”
Vijay Thomas, CEO, Tangentia, said, “Canadian manufacturers, Retailers and Distributors are under growing pressure to build supply chains that are more resilient and responsive. CADDIE, Enmovil’s supply chain decisioning and orchestration platform, has proven itself at scale with some of the largest manufacturing and automotive companies in India, and it complements Tangentia’s strengths in Supply Chain, EDI, integration and Agentic AI. Together, we can offer our customers a combined solution and a practical path to AI-driven supply chain decisions. This partnership is also a strong example of the growing technology ties between Canada and India.”
- Visteon Corporation
- SHINRY Technologies
- Visteon-Shinry Power Electronics
- VSPE
- GaN
- Zilai Zhao
- Mark Sun
- Benoit Rousseau
Visteon, SHINRY And Infineon Collaborate On Single-Stage GaN Onboard Charger
- By MT Bureau
- November 12, 2026
Visteon Corporation and SHINRY Technologies, operating through their joint venture Visteon-Shinry Power Electronics (VSPE), have partnered with Infineon Technologies to develop a single-stage onboard charger for electric vehicles. The announcement was made during the Electronica Trade fair in Munich.
The system combines VSPE's converter hardware topology and control strategy with Infineon's gallium nitride (GaN) monolithic bidirectional switches (BDS). The single-stage architecture consolidates power conversion functions and removes the bulk capacitors used in two-stage onboard chargers to reduce component count, system dimensions, and costs.
The unit supports 22 kW three-phase and 19.2 kW single-phase AC charging alongside vehicle-to-everything (V2X) bidirectional operation. Infineon's GaN BDS devices integrate bidirectional voltage blocking and current conduction into a single semiconductor unit, lowering component requirements in the power stage and shrinking the dimensions of magnetic components through switching frequency operation.
Zilai Zhao, Co-General Manager at Visteon-Shinry Power Electronics, said, “This collaboration brings together complementary strengths in vehicle electronics, power conversion and advanced semiconductors. By combining Visteon’s system expertise and Infineon’s GaN leadership, we’re delivering a transformative solution for next-generation EV platforms.”
Mark Sun, CTO, SHINRY, said, "Integrating Infineon's GaN switches with our proprietary single-stage topology is a game-changer for power density and system cost. Our R&D team is fully committed to validating this innovative architecture to meet the rigorous reliability standards of global automotive customers."
Benoit Rousseau, Vice-President of GaN Automotive, Infineon, said, “Together with Visteon-Shinry Power Electronics we are pushing the boundaries of onboard charging for the next generation of electric vehicles. Our GaN bidirectional switch, recognised as a ‘Global New Energy Vehicle Innovative Technology’ at the 2026 World New Energy Vehicle Congress, combines leading-edge switching performance and efficiency with a new level of semiconductor integration, enabling new power conversion architectures.”
- Dubai Future Foundation
- DP World
- SHIFFT
- Oxa
- Dubai Research
- Development and Innovation Programme
- Khalifa Al Qama
- Ibrahim Al Najjar
- Paul Newman
DP World Joins Self-Driving Logistics Joint Venture SHIFFT As First Strategic Partner
- By MT Bureau
- November 09, 2026
Dubai Future Foundation has announced DP World as the first strategic partner of SHIFFT, a self-driving logistics joint venture established in collaboration with autonomous vehicle technology company Oxa under the Dubai Research, Development and Innovation Programme.
The partnership focuses on developing and deploying autonomous logistics solutions across ports, terminals and industrial zones, beginning at Jebel Ali Port. The scope includes vehicle integration, autonomous driving functions, safety frameworks, fleet management, routing, digital twins, situational intelligence and operational performance optimisation.
At present, DP World operates more than 900 vehicles at Jebel Ali Port for inter-terminal container movement, alongside thousands of vehicles across its global network of over 60 ports and terminals.
Khalifa Al Qama, Chief of Research, Development and Innovation, Dubai Future Foundation, said, "The selection of DP World as the first strategic partner of SHIFFT marks an important step in developing and implementing autonomous logistics solutions from Dubai. This collaboration brings together world-leading operational expertise and advanced technologies to develop practical solutions that can be deployed and scaled globally."
Ibrahim Al Najjar, Senior Vice-President of Information Technology, DP World GCC, said, "For our customers and partners, autonomous technology translates into more predictable, resilient supply chains that keep cargo moving reliably and at speed. It also creates opportunities for our people to build future-ready skills, while strengthening Dubai’s competitiveness as a destination for trade and investment. By co-developing these technologies here, around real operational needs, we are setting new benchmarks that will benefit the wider industry."
Paul Newman, Founder and CEO, Oxa, said, "This collaboration aims to transform industrial vehicles into an intelligent, autonomous digital workforce capable of operating efficiently in complex, mixed-use environments. By working with DP World, SHIFFT is helping to elevate operational fleet performance and strengthen the long-term resilience of supply chains."
Acconeer Bags $520,000 Automotive Radar Order
- By MT Bureau
- November 09, 2026
Acconeer has secured an order valued at USD 520,000 for its A121 pulsed coherent radar sensor for mass production applications within the automotive sector. The purchase order was placed by a Japanese distributor, with product deliveries scheduled for the first half of 2027.
The A121 sensor operates on 60GHz pulsed coherent radar technology integrated within a 28 mm² surface area footprint, providing distance measurement, motion detection and object presence sensing functions.
The supply contract follows growth across Acconeer's automotive product portfolio, which also includes the A212 sensor model. The company announced that the information was submitted for publication pursuant to requirements under the EU Market Abuse Regulation.
"We are seeing strong growth within the automotive industry, driven both by our new A212 sensor – for which deliveries quadrupled in the third quarter compared to the previous quarter – and by our established A121 sensor, with volumes increasing as new models and customers are launched," said Ted Hansson, CEO, Acconeer.

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