Hyderabad, India – December 18, 2024 – Panasonic, a global leader in innovative technologies, in collaboration with T-Hub, the world’s largest innovation campus and India’s premier startup incubator, has announced the four finalists of the Innovation Challenge: Ayka Control Systems, GoVidyouth Mobility, PureLogic Labs India, and Xeeed IO. These startups will work closely with Panasonic’s India Innovation Center (IIC) and Panasonic Holdings Corporation (PHD) teams to advance and commercialize Nessum WIRE, a cost-effective wired communication technology, in India.
Launched in September 2024, the Innovation Challenge invited startups from India and across the globe to leverage Nessum Technology to address real-world communication challenges. T-Hub played a key role in scouting, evaluating, and shortlisting promising solutions. Out of 197 applications, eight high-potential startups were selected for the Demo Day, where they pitched their solutions to Panasonic’s leadership. Four startups emerged as finalists and earned the opportunity to collaborate with Panasonic.
The Finalists
- Ayka Control Systems
Pioneering clean energy solutions with a focus on EV charging infrastructure.
Website: www.aykacontrolsystems.in - GoVidyouth Mobility Pvt Ltd
A deep-tech startup committed to making electric mobility accessible and affordable in emerging markets.
Website: https://igovidyouth.com - PureLogic Labs India Pvt. Ltd.
Dedicated to improving air quality through cutting-edge monitoring solutions.
Website: www.pranaair.com - Xeeed IO
Specializing in Industry 4.0 and 5.0 solutions for manufacturing and energy sectors.
Website: www.xeeed.io
Leadership Quotes
Mr. Saijo Hiroshi, Head of Business Development Office, Panasonic Holdings Corporation, stated,
“We congratulate all the startups and look forward to collaborating with the finalists. At Panasonic, our customers are at the center of our mission, and the Innovation Challenge has allowed us to leverage Indian startups’ talent. Partnering with these startups in India and Japan, we aim to develop cutting-edge solutions using Nessum WIRE Technology to address industry challenges in India and global markets.”
Highlighting the significance of Nessum WIRE, Mr. Manish Misra, Chief Innovation Officer, Panasonic Life Solutions India, shared,
“Nessum WIRE is a cost-effective, plug-and-play Japanese communication technology for seamless data communication over existing wiring. In markets like India, where enterprises prefer to maintain their existing infrastructure, Nessum WIRE is ideal for solving communication challenges in remote or inaccessible areas such as basements or manufacturing plants. Alongside T-Hub, we have carefully evaluated these startups and identified the most promising partners to deliver these solutions to the market.”
Sujit Jagirdar, CEO, T-Hub, commented,
“The Innovation Challenge demonstrates the power of collaboration between startups and global corporations. At T-Hub, we are proud to enable this synergy, empowering startups to create transformative solutions. Congratulations to the winners for showcasing the potential of Nessum WIRE technology. We are excited to see these innovations revolutionize communication technology and drive scalable, sustainable advancements in India and beyond.”
