Forge Innovation & Ventures

Edgistify offers companies a tech-enabled OMS & WMS platform to grow operations, lower expenses, automate processes, create transparency, and enhance product delivery on time. They create, carry out, and run commercial-grade warehouse systems. Darks shops' in-stock items can be delivered in 10 to 2 hours. They support industries like supermarket, produce, cosmetics, and apparel.

Agrograde is an agri-tech start-up focused on standardizing and streamlining quality management in fresh produce. Founded in 2018, we have one motto in mind: making the trade transparent through technology. We are backed by Social Alpha and VIllgro along with some of the leading incubators and accelerators. Through Agrograde's patent-pending Artificial Intelligence Technology, fruits and vegetables are assayed in real-time and sorted based on quality, which improves the marketability of the produce and enables fair trade by adding transparency. This helps deliver a higher output by accurately grading, segregating, weighing and packing the produce at the point of aggregation without damaging the integrity of the produce and reducing post-harvest food loss. Our product offerings facilitate in creating a seamless end-to-end process that reduces manual labour requirements and has minimal energy usage even at high loads.

Ecolibrium is a sustainability tech company that empowers people to make better decisions based on proven data driven ML algorithms through continuous monitoring, analysis and seamlessly integrated automated recommendation engines. We accelerate organisations’ decarbonisation journey through real-time actionable insights on a single pane view – driving measurable actions to meet their Net-Zero goals while elevating productivity and reducing their operational costs across their entire portfolio. It’s a finely tuned balance between people, planet and profit. Our decarbonisation platform – SmartSense, creates a digital twin of the client portfolio, with every single asset, to be generated on one unified dashboard. Proprietary AI/ML algorithms are used to turn the invisible, visible and proactively identify early signs of degradation and inefficient operations through trends, anomalies and energy signatures to provide insights and actionable recommendations to the maintenance team to address problems before they occur. SmartSense offers powerful dashboards with a library of 100+ applications, which help make data-driven decisions to optimise operations. Our impact and presence spans 80+ clients, with 500+ sites globally, assimilating 25 million data points daily to deliver a 20% reduction in energy spend, an 11% increase in productivity and a 27% reduction in maintenance costs on an average over the last decade. At Ecolibrium, we are dedicated to our partners-first approach. We walk hand-in-hand with our clients, ensuring a collaborative effort that drives sustainable, continuous improvement. We are more than just a technology provider; we are your dedicated partner in achieving common goals for a greener, more efficient organisation. Ecolibrium is ISO 27001 certified and adheres to the ISMS framework of standards. We have won several awards over the last decade, including the prestigious WWF Climate Solver Award, the UNFCC award and the Ashden International Award.

As a sustainability-tech solution, Eugenie is an award-winning emissions product that enables manufacturers of all sizes to track, trace and reduce GHG emissions and achieve their net-zero goals. Eugenie is easy to get started with, and we deliver impact in weeks, not years. We’ve created a mature, industry-grade, early-warning and mitigation system to tackle the problem of fugitive/excess emissions in asset-heavy industries. We achieve this using AI-based digital twins. Our machine and process-level digital twins track the performance and resultant emissions of machines and processes. The digital twins also enable to map of relationships between these machines and processes and simulate the impact of operational variables on output and emissions.

ExactSpace is an Industrial AI business dedicated to assisting industries in answering these difficult questions and building a greener future. Access to data is only the first step; ExactSpace completes the cycle by providing contextual and meaningful data insights. ExactSpace combines modern analytic methodologies such as Machine Learning and Artificial Intelligence with deep domain experience to offer extremely vertically specific solutions that have the greatest impact on our customers.

Optimized Electrotech builds high-end Electro-Optic surveillance systems for Strategic and Commercial buyers. These products are researched and proven at India's most discerning clients for land and aerospace applications. The company is currently raising funds for commercial production.

They are a group of IIT Bombay graduates who eager to use technology for social and economic reform. The idea is to provide end to end solutions that enable governing authorities with the technology to remotely monitor and control water distribution network. Water is a scarce natural resource and being the basic need of every human, they believe that their product is going to impact each and every one of them. They will not just make the work easier for field operators & engineers by enabling them with the technology but will also help them to provide a better service to the end consumers.

Agnikul is a space tech startup that designs, manufactures, tests, and launch orbital-class rockets for micro and nanosatellites. They currently work out of the National Center for Combustion R&D at IIT-Madras. Rocket scientists, engineers, ex-bankers and space lawyers are a part of their team. This unique blend of people is one of their biggest strengths. The company was founded in 2017 and is based in Chennai, Tamil Nadu.

Nanoprecise has created a "patent-pending" solution (hardware + software) that combines physics, material science, and data analytics to diagnose issues with machinery and detects anomalies, characterizes the faulty components and predicts the "Remaining Time to Failure." Nanoprecise's sensor is the first sensor in the world that extracts RPM, vibration, sound, temperature & humidity information, all from one sensor. The software (which is built on AI algorithms that are only limited to research papers until now) analyzes the data from various sensing elements and achieves anomaly detection, fault characterization & remaining useful life prediction. This end to end solution can be deployed cost-effectively and can be utilized on any machine in the world in any industry. Since Nanoprecise was founded in Dec 2017, it has customers spanning across Oil & Gas, Mining, Utilities, HVAC & Infrastructure sectors.

Saathi is a next-generation consumer packaged goods company offering zero-plastic, compostable alternatives for consumer absorbents: diapers, sanitary pads, incontinence pads. Founded by graduates from MIT, Harvard Business School and Nirma University, they are innovators in the use of alternative materials and zero-waste production. Their mission is to create products that are good for the body, environment, and community.

SafeAI retrofits heavy equipment for autonomous applications in the mining and construction industries. SafeAI autonomous technology enables equipment owners to transform existing machines into self-operating robotic assets

Maximl is an industrial technology company with its roots in IIT Madras. We work with some of the largest energy companies, transforming their frontline operations across multiple use cases including maintenance, inspection and operational safety. Over the last 7 years, Maximl has helped 100 sites to measurably move the needle on asset downtime and safety risk. Maximl has also emerged as the market leader in digital turnaround management space with its presence across 21 out of 23 refineries in India.

PRYSMEX develops state of the art industrial IoT capable of detecting and predicting industrial accidents and illnesses, while boosting efficiency in plants, factories, and mines.Their solution integrates wearable devices, collaborative app, management platform, data analytics, and a powerful customizable dashboard encouraging users to make decisions in real time that increases safety and boosts productivity.

ZEDEDA is a provider of distributed edge orchestration and virtualization software. It focused on edge virtualization to deliver visibility, control, and protection for distributed edge gateways, applications, and networks at the enterprise edge as a cloud-based service. It was founded in 2016 and is based in San Jose, California, United States.

Aatmunn, meaning "soul," is an industrial technology company with a clear mission: to revolutionize the lives of over 2 billion frontline workers globally. In 2023, over 2 million frontline workers tragically lost their lives, despite a $1 trillion investment in safety and productivity improvements. The adoption of technology among these workers has been inconsistent, leading to stagnant or declining outcomes. Aatmunn aims to change this narrative with its AI-powered data fabric and applications, already trusted by 150+ marquee customers like SpaceX, PepsiCo, and Amazon, as well as device manufacturers such as 3M and RKI. We've achieved remarkable growth, with a 100% YoY increase in ARR.

Being the space for the best and the most impactful, in DS and AI. We are a data science firm. We create potent modular data led technology that is decisive in driving growth for our clients. We believe that data is ubiquitous and thus the application of data science is sector agnostic. We have transformed the customer experience for a couple of telecom giants in India and are enabling Retail 3.0 for the leading retailer in India. After Insurance, Banking and Healthcare we are now working in the Manufacturing sector, helping them optimise their heavy processes.

Infinite Uptime provides an IoT platform that automates predictive maintenance for industrial machines, with an initial focus on the manufacturing industry. Infinite Uptime provides an all-in-one industrial solution with hardware, cloud analytics, and control software to monitor equipment, diagnose problems, and drive smart decision making.

Edsix Brain Lab Pvt Ltd is an emerging player in the edutainment industry , It is incubated by IIT Madras Rural Technology Business Incubator (RTBI) and is headquartered in IIT Research Park Chennai. Edsix is a "Winner at Tech4Impact Accelerator Program 2013 " supported by IIM Ahmedabad CIIE and Village Capital ,U.S.A Poised to disrupt the booming educational gaming sector by becoming the world’s largest developer and publisher of interactive brain skill & curriculum based products . Edsix was born with a vision to create a tool that will enable users experience an enjoyable brain boost regime