Hyderabad, India – 19th December 2024 – Panasonic, a global leader in innovative technologies, in association with T-Hub, the world’s largest innovation campus and India’s premier startup incubator, announced four start-ups – Ayka Control Systems, GoVidyouth Mobility, PureLogic Labs India, Xeeed IO as the finalists of the Innovation Challenge. The finalists will work closely with India Innovation Center (IIC) and Panasonic Holdings Corporation (PHD) – Nessum teams for adoption and commercialization of the cost-effective wired communication technology, Nessum WIRE, in India.

The Innovation Challenge was initiated in September 2024 and startups from India and beyond were invited to leverage Nessum Technology. T-Hub played a pivotal role in scouting and evaluating 197 innovative startups that applied for the program, conducting roadshows and leveraging its extensive ecosystem to identify the most promising solutions. As a result, eight high-potential startups were shortlisted for Demo Day. These shortlisted start-ups made their final pitch presentation to both the teams culminating the Innovation Challenge. And the following startups will get an opportunity to collaborate and work with Panasonic.

Ayka Control Systems is at the forefront of clean energy innovation, specializing in EV charging solutions.

GoVidyouth Mobility Pvt Ltd is a deep-tech startup committed to making electric mobility accessible and affordable in emerging markets.

PureLogic Labs India Pvt. Ltd. is dedicated to improving air quality monitoring through innovative solutions.

Xeeed IO specializes in designing and deploying Industry 4.0 and 5.0 technologies for manufacturing and energy sectors.

“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.”