STARTUPXSEED ANNOUNCES THEIR SECOND INVESTMENT IN AARAV UNMANNED SYSTEM (AUS)

Bangalore, March 22nd, 2016: StartupXseed Ventures LLP (www.startupxseed.in), a strategic seed funding company which runs Aaruha Technology Fund (SEBI Registered) to invest in startups focussing around areas of high technology businesses today announced their second investment into the company Aarav Unmanned System (AUS)

StartupXseed is the lead Investor in an undisclosed bridge round raised by AUS along with other investors and the funding will be used for new product development and team expansion.

StartupXseed’s vision is to enrich and provide a stronger holistic support to the start-up ecosystem in India with key focus in Bangalore and Hyderabad region. The association aims to provide end-to-end support to the seed level companies, in line with the country’s current focus on “Make in India”.

AUS is a game changing venture in the industrial and agricultural asset management space leveraging drone technology. Backed by founders poised with deep technical expertise across electronics, artificial intelligence and aerospace engineering, AUS is set to be the next big thing : Drone as a Solution from the Make In India stable, offering:

·         Faster, more cost-effective and highly enriched Unmanned Aerial Vehicle (UAV) based land surveying solutions for the civil engineering, infrastructure and utility industries

·         Precision agriculture solutions to optimize irrigation, fertilization, pesticide distribution and early failure warnings

·         Thermographic data to detect hot spots and inefficiencies in power transmission lines, solar power plants and critical industries

AUS, Co-Founder Mr. Vipul Singh said, “The investment from StartupXseed comes with highly experienced and passionate set of people who perfectly understand the ecosystem and potential of the team. Best factor is that the present set of investors shares the same vision of creating a high impact technology driven indigenous product with AUS.”

Mr. B.V.Naidu, Managing Partner, StartupXseed, commented, “We are glad to announce the Investment in AUS. We feel AUS team has the right composition to deliver the Business in Drone Technology Area. This Technology will become important in coming years and we are keen to encourage Domestic Product for Indian Markets and acquire global business. We are very excited about the team and opportunity which makes this as a unique investment.”

The start-up was incubated at the SIDBI Innovation and Incubation Centre (SIIC) at IIT-Kanpur and has currently moved their corporate office to Bangalore. A common interest in aero-modeling and robotics brought the AUS team together. It was founded in 2013 by Nikhil Upadhye, Suhas Banshiwala, Vipul Singh and Yeshwanth Reddy, alumni of IIT Kanpur, IIT Bombay and Amity University, Noida. They design and develop UAV-based solutions using own proprietary drone technology. The product range includes Nayan, an R&D platform for indoor navigation and other upcoming application oriented platforms with fully autonomous operations, lightweight and rapid deployment capabilities. The start-up is currently providing 3D mapping solutions to mining and urban planning sector, thermal and live aerial inspection solutions to power sector and NDVI based solutions to agriculture sector.

About AUS

Aarav Unmanned System (AUS) founded in 2013 by Nikhil Upadhye, Suhas Banshiwala, Vipul Singh and Yeshwanth Reddy, alumni of IIT Kanpur, IIT Bombay and Amity University, Noida. AUS is a game changing venture in the industrial and agricultural asset management space leveraging drone technology.

‘Idea Jalsa’ Concert Tour 2016 reaches Bengaluru

  • In its 10th year, the 2016 ‘Idea Jalsa’ concert tour across 12 cities, will showcase more than 150 musicians to the music loving audiences

  • A talented & globally renowned artists set to enthral the audience in Bengaluru

Bengaluru, March 22, 2016: ‘Idea Jalsa – Music for the Soul’ is back in Bengaluru and will feature Suma Sudhindra, a renowned classical musician and Veena exponent from India along with The Legend, Pt. Hariprasad Chaurasia on flute followed by a powerful Hindustani Classical Vocal Performance by the living Legend of India Sangeet Martand Padma Vibhushan Pandit Jasraj. The 12 city concert tour commenced from Chennai on February 5, 2016, and will now travel Pune and culminate in Bengaluru on the 26th of March.

Music finds itself at the core of Idea Cellular Ltd.’s brand building and customer connect strategy. Indian Music has the ability to reach out to a cross section of society, with no barriers of language, caste, creed, etc. ‘Idea Jalsa – Music for the Soul’ is a unique project which has been partnered by Idea Cellular Ltd. since its inception in 2006. It has grown from strength to strength and has come to stand for ‘excellence’ & ‘quality’, engaging the large community of music lovers across the country. As always, Idea Jalsa will bring together legends, maestros, stars, young maestros and the rising stars of Indian music, to showcase the rich cultural heritage of India. The Idea Jalsa platform has already presented more than 7,000 musicians across genres! A proud achievement for Idea Jalsa this year, is the support that the Ministry of Tourism, Government of India has extended.

Idea Jalsa is the largest platform for Indian Music across genres, which has been established with the active support of Idea Cellular Ltd. and has crossed many milestones in its journey since 2006, e.g. entering the Limca Book of Records, reaching more than 30 crore audiences through its TV telecasts, being the 1st Indian Music project to be webcast live, telecast in 165 countries worldwide on Zee International and also being on 15 International Airlines’ inflight entertainment. We are very humbled that the Ministry of Tourism, Government of India has agreed to support this project with Incredible India.” said Durga Jasraj, Founder & Director, Art And Artistes.

Commenting on this occasion, Mr. Siva Ganapathi – COO, Karnataka, Idea Cellular, said, “Idea Cellular has always considered music to be one of the important avenues to connect with our customers across the country. Idea Jalsa is one such platform which brings together legends, maestros, stars, and rising stars from the Indian music fraternity, to present a rich & diverse showcase of Indian culture for all music enthusiasts across the country and champion Hindustani classical music. We are happy to bring these unique performers and musicians to Bengaluru and are hopeful that our customers will join us in this celebration of music.”