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.”

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MathWorks, a leading software tools company, recently concluded MATLAB EXPO 2026 today, hosting over 1,300 engineers, scientists and industry leaders to discuss the transition of generative AI, engineering copilots and agentic AI from experimental phases to production-scale deployment.

The event focused on the integration of AI-assisted design and simulation into Model-Based Design workflows across industries such as automotive, aerospace and semiconductors. Discussions highlighted the importance of maintaining engineering rigour, traceability and safety while utilising automated workflows.

At the event, MathWorks leaders Seth Deland and Avinash Nehemiah demonstrated how agentic AI capabilities in MATLAB and Simulink are accelerating simulation-led decision-making and system deployment.

Savyasachi Srinivas, VP at Collins Aerospace, detailed the use of AI-enabled knowledge systems and digital twins to move aerospace products from initial concept through to formal certification.

The event saw a panel discussion featuring representatives from Boeing, Mercedes-Benz R&D India, TCS, HSBC and the Indian Institute of Science addressing the critical need for human oversight and verification when validating AI-assisted outputs in real-world systems.

Also, the event saw technology demonstration including Raftar Formula Racing from IIT Madras, displayed their competition-winning race car designed using MathWorks tools.

The highlight at the UAV Pavilion saw drone and eVTOL (electric Vertical Take-Off and Landing) platforms from Speedgoat, Zmotion Autonomous Systems and Reude Technologies.

Sunil Motwani, Country Manager – Sales and Service – MathWorks India, said, “This year’s MATLAB EXPO reflected growing industry interest in applying GenAI, copilots and agentic AI to engineering workflows in ways that improve productivity while preserving validation, traceability and safety.”

The conference underscored a consistent industry shift: engineering teams are moving beyond basic AI experimentation toward certification-ready systems where AI agents accelerate design and verification while keeping engineers central to the decision-making process.

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Hyderabad-based electric vehicle manufacturer Olectra Greentech has announced the adoption of Dassault Systemes’ 3DEXPERIENCE platform.

The collaboration is designed to create a digitally integrated product development ecosystem, aligning Olectra's engineering processes with global OEM standards.

The 3DEXPERIENCE platform provides a unified environment that connects design, simulation and manufacturing. By implementing this system, Olectra aims to move toward virtual twin technology and model-based engineering, allowing it to validate vehicle designs in a virtual space before physical prototyping.

Key Objectives of the Collaboration:

• Digital Integration: Transitioning from component-level engineering to system-level digital orchestration.
• Accelerated Time-to-Market: Reducing innovation cycles through seamless collaboration between engineering and manufacturing teams.
• Virtual Validation: Using simulation to ensure precision and reduce the need for multiple physical prototypes.
• Scalability: Developing new electric bus and truck platforms capable of meeting international benchmarks.

Mahesh Babu, MD, Olectra Greentech, said, At Olectra, we see the future of mobility being shaped by electrification and digital engineering. As part of our commitment to transforming mobility through accessible innovation and a pragmatic future, we are making significant investments in developing new bus and truck platforms. Our collaboration with Dassault Systemes and adoption of the 3DEXPERIENCE platform will play a vital role in building these to global standards and aligning with global benchmarks. This enables us to move faster, design smarter, and deliver with world class precision. As India accelerates its EV transition, we remain focused on leading in both deployment and engineering excellence.”

Deepak NG, Managing Director, India, Dassault Systemes, added, “Our collaboration with Olectra reflects a forward-looking shift toward integrated, platform-driven innovation, enabling faster, smarter, and more sustainable electric vehicle development. Together, we aim to strengthen the transformation of India’s mobility ecosystem through virtual twin experiences.”

The adoption of the platform comes as Indian manufacturers increasingly shift toward platform-based engineering to manage the complexity of next-generation vehicle architectures and drive sustainable growth in the EV sector.

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India has officially commenced its transition to barrier-less tolling with the live deployment of Multi-Lane Free Flow (MLFF) infrastructure at Manoharpur, Rajasthan and Hyderabad, Telangana.

The initiative is powered by Cron AI’s 3D perception platform, senseEDGE, which allows vehicles to pass through tolling points at highway speeds without stopping.

The deployment, a partnership between the National Highways Authority of India (NHAI) and Cron AI, uses LiDAR-based real-time detection to identify and classify vehicles. Unlike traditional toll plazas, the MLFF gantries capture vehicle dimensions and axle counts to determine toll classes while simultaneously using ANPR for number plate recognition and linking to FASTag RFID accounts.

The system currently handles 30,000 to 35,000 vehicles per day at the initial sites. It is designed specifically for Indian road conditions, the platform manages inconsistent lane discipline and ‘occlusion’ (overlapping traffic) with zero false classifications. The LiDAR technology remains accurate during poor visibility, glare, darkness and high-speed traffic.

Tushar Chhabra, Founder & CEO, Cron AI, said, “India is moving from tolling as a checkpoint to tolling as an invisible layer of national infrastructure. That shift requires the road itself to become intelligent. That is what senseEDGE is built to do, and what is now live on some of India’s busiest corridors.”

The move aligns with the Government of India’s mandate to transition over 1,100 toll plazas to MLFF systems. With the National Highway network expanding to 146,204 km as of March 2025 and FASTag penetration reaching 98 percent, the objective is to eliminate idling, reduce fuel consumption, and lower emissions at tolling points.

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Chinese technology company InfiMotion presented its latest electric drive technologies at the 5th International Forum on Automotive Power Systems held in Songjiang. The event gathered industry experts to discuss the theme of ‘dual carbon drive, diversified win-win.’

The company showcased a dual motor assembly featuring a magnesium aluminium alloy shell, which it identifies as a world first for mass production. The assembly uses a patented 360-degree bidirectional, full oil cooling technology for heat dissipation. According to the organisation, the magnesium aluminium alloy housing reduces weight by 25 percent compared to traditional aluminium versions while maintaining hardness, aiding vehicle range and energy consumption.

InfiMotion also showcased magnetic field adjustable motors, which is intended to reduce no-load drag losses and optimise power consumption.

Furthermore, it also displayed ultra-high speed motors capable of 36,000rpm for high-performance applications and 9-in-1 electronic control units designed to integrate power domain control and reduce drive weight.

During the forum, Xu Zhe, a technology expert at InfiMotion, delivered a speech titled ‘The Era Wave of Cross Integration of Electric Drive Calibration and Data Science.’

The presentation addressed the integration of product technology with data science during the research and development process.

The exhibition resulted in exchanges between InfiMotion and several domestic and international enterprises regarding the production and application of future power systems.

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