STARTUP-STORIES
Mindgrove Unveils India's First Homegrown Microcontroller Chip
SUMMARY
Mindgrove Technologies, an IIT-Madras incubated startup, has successfully developed India's first marketable chip - Secure IOT. This chip is designed for smart devices and boasts high performance and cost-efficiency.
Secure IOT targets deep embedded applications like smart appliances, wearables, and smart city devices. Mindgrove aims to empower Indian manufacturers by offering a domestic alternative to imported chips, potentially simplifying the supply chain.
A momentous occasion for India's technological independence is on the horizon. Mindgrove Technologies, an IIT-Madras incubated startup, has successfully developed and received its first indigenously designed system-on-chip (SoC) - Secure IOT.
- India's First Marketable Chip: Secure IOT marks a significant milestone as the first microprocessor chip designed, owned, and marketed entirely in India. This paves the way for domestic production of chips for smart electronic devices.
- Focus on Performance and Cost Efficiency: Secure IOT boasts a RISC-V architecture, delivering high performance clocked at 700 MHz. Additionally, it is estimated to be 30% cheaper than comparable chips, targeting a wider market segment.
- Target Market: Mindgrove is aiming Secure IOT at electronics manufacturers, original design manufacturers (ODMs), and mid-market customers in both India and abroad.
- Deep Embedded Applications: The chip is designed for "deep embedded applications," including smart appliances, wearables, smart city devices, and access control systems.
- Advantage for Indian Manufacturers: Secure IOT offers Indian manufacturers a domestic alternative to imported chips, simplifying the supply chain and potentially fostering collaboration.
- Future Outlook: Mindgrove plans to leverage this success for further product development and may consider a new funding round. They hope their achievement inspires more ventures into deep-tech product creation in India.
This breakthrough by Mindgrove signifies India's growing prowess in chip design and production. Secure IOT's cost-effectiveness and focus on deep embedded applications hold the potential to empower domestic manufacturers and create a more robust electronics ecosystem within the country.