Ayka Control Systems, GoVidyouth Mobility, PureLogic Labs India, and Xeeed IO are the four startups that Panasonic and T-Hub revealed as the Innovation Challenge finalists. The finalists will collaborate closely with the Panasonic Holdings Corporation (PHD)-Nessum teams and the India Innovation Center (IIC) to adapt and commercialize Nessum WIRE, a cost-effective wired communication technology, in India.
Startups from India and other countries were asked to use Nessum Technology as part of the Innovation Challenge, which was launched in September 2024.
In order to find the most promising ideas, T-Hub conducted roadshows and used its vast ecosystem to explore and assess the 197 creative entrepreneurs who applied for the program.
Eight high-potential startups were thus selected to participate in Demo Day. The Innovation Challenge came to an end when these nominated start-ups gave their final pitch presentation to both teams.
Additionally, Panasonic will provide the following startups a chance to cooperate and work together.
- Ayka Control Systems is at the forefront of clean energy innovation, specializing in EV charging solutions, www.aykacontrolsystems.in
- GoVidyouth Mobility Pvt Ltd is a deep-tech startup committed to making electric mobility accessible and affordable in emerging markets, https://igovidyouth.com/
- PureLogic Labs India Pvt. Ltd. is dedicated to improving air quality monitoring through innovative solutions, www.pranaair.com
- Xeeed IO specializes in designing and deploying Industry 4.0 and 5.0 technologies for manufacturing and energy sectors, www.xeeed.io
Key Comments
“I would like to congratulate all the start-ups who were shortlisted and we at Panasonic, are looking forward to work with finalists of the challenge” said Mr. Saijo Hiroshi, Head of Business Development Office, at Panasonic Holdings. “In line with Panasonic’s mission, we’ve always kept our customers at the centre. The Innovation Challenge has provided us with the necessary platform to leverage the talent of Indian start-ups. The finalists will partner with both India team and us in Japan, to build innovative solutions for our enterprise customers using Nessum WIRE Technology. We look forward to capitalizing on the innovation and provide customized solutions to India and global markets,” he further added.
“Nessum WIRE is an advanced Japanese communication technology. It is a plug-n-play, cost-effective, solution for data communication over existing wires. In a rapidly growing economy like India, the Nessum WIRE Technology is of utmost significance as enterprise customers do not prefer disturbing their existing network infrastructure, however, still want to address communication issues in remote or inaccessible areas such as basements, manufacturing plants, etc.”
Alongside T-Hub, we at Panasonic, have carefully evaluated all the short-listed start-ups and identified Ayka Control Systems, GoViyouth Mobility, PureLogic Labs India, Xeeed IO to partner with us. We look forward to collaborating with them to introduce these customized communication solutions to the market” said Mr. Manish Misra, the Chief Innovation Officer, at Panasonic Life Solutions India.
Sujit Jagirdar, CEO of T-Hub, says, “The Innovation Challenge with Panasonic showcases the incredible synergy that emerges when startups and global corporations come together to solve real-world challenges. At T-Hub, we are proud to facilitate this collaboration, empowering startups to unlock their potential and create impactful solutions. Congratulations to the winners for showcasing the transformative potential of Nessum HD-PLC technology. This partnership is a testament to the role of startups in driving innovation and shaping the future of communication technology. We look forward to seeing these solutions revolutionize the industry and pave the way for scalable, sustainable advancements in India and beyond.”