Day: December 5, 2024

(L-R) Amit Sharma & Rahul Jain, Founders – Matrix Geo Solutions Gearing up for the SME IPO next, Matrix Geo looks poised to lead the transformation in drone-tech Drone & Space tech-based Geospatial Company, Matrix Geo Solutions Ltd. has raised close to $1 million in its pre-IPO funding round. This round saw participation from marquee investors such as Chittorgarh Infotech Limited, Viney Equity Markets LLP, Tryrock Capital Trust AIF among others. IntelliFin Private Limited (www.ipoplatform. com) acted as sole investment banker to the company. Following the fundraise, Matrix Geo is now looking to file DRHP soon for SME IPO. Furthermore, the company intends to use this funding to accelerate growth and capture a larger market share in the rapidly expanding drone services sector in India and abroad. Founded by Amit Sharma & Rahul Jain in 2008, Matrix Geo Solutions is a leading geospatial technology company empowering customers in planning, monitoring, and management through advanced drone and satellite technology, driving efficiency, cost savings, and better decision-making. Matrix Geo Solutions has been instrumental in advancing drone-based remote sensing solutions across India. Over the past few years, the company has successfully delivered services to a wide range of sectors including Railways, Roadways, Ropeways, Irrigation, Agriculture, Hydropower, Metro projects, Mining, Urban planning, Solar power, Inspections, and Surveillance. On the fundraise Amit Sharma, Co-founder of Matrix Geo Solutions affirmed, “We are delighted to successfully complete the pre-IPO funding round and would like to express our gratitude the eminent investors who showed faith in Matrix Geo. Ever since the Indian government regulated drone usage in 2021, we’ve seen a massive surge in adoption across government and private sectors. Matrix Geo is committed to utilizing the fundraise in leading this transformation.” Speaking on the investment, Anant Aggarwal, Managing Partner at Viney Equity Markets LLP said, “Matrix Geo Solutions is clearly riding the wave of future with their drone technology. Given the growing scope of this technology, along with favorable regulations, we foresee an immense potential for a solution provider like Matrix Geo. We wish the team the best and look forward to them disrupting the sector with their top-of-the-line offerings.” Rahul Jain, Co-founder of Matrix Geo Solutions added, “We extend our heartfelt thanks to all our investors for joining us on this growth journey. This fund will fuel investments in technology, capacity expansion, sales and marketing efforts, and R&D initiatives to drive continued success.” Matrix Geo Solutions has recently launched the ‘Drone Academy of India,’ an educational initiative aimed at building capacity and expanding market reach. The academy provides practical, industry-focused drone and space technology training for students, major infrastructure companies, and government agencies. In the past, Matrix Geo Solutions has provided cutting- edge drone and space technology for several high-profile projects, including the Indian Railways’ High-Speed Rail Corridor, Bharatmala Road Project, Hemkund Sahib Ropeway Project, Statue of Unity Area Development, the world’s highest railway bridge over the Chenab River, India’s largest solar project, Kumbh Mela planning, and more. Theu have collaborated with esteemed clients such as Indian Railways, World Bank, IRCON, RITES, RVNL, DFCCIL, NHAI, NHLML, NHIDCL, CRRI, WAPCOS, CWC, NWDA, GAIL, IOCL, DMRC, Kolkata Metro, SAIL, NEEPCO, UP Jal Nigam, ASI, NTPC, SECI, L&T, Adani, Tata, Dalmia Group, Welspun, among others.

India’s premier indigenous video security product manufacturing brand, PRAMA displayed its innovative transportation solutions at the 12th Edition of TrafficInfraTech Expo. Prama India had participated in the TrafficInfratech Expo held during 22-24 October at Pragati Maidan in New Delhi. The PRAMA booth displayed the latest Transport Security Solutions including Speed Detection Solution, Mobile Enforcement Solution, Advanced Traffic Management Solution (ATMS), Toll Plaza solution, AI Sense Solution, Ranginview Cameras, Network & Transmission, and PRAMA VMS products. PRAMA booth at the TrafficInfraTech Expo displayed its indigenously manufactured transportation security products and solutions. The three-day Smart Mobility Conference 2024 was concurrently organised along with the TrafficinfraTech Expo event, it covered eclectic mix of contemporary themes on transportation, traffic management, logistics, Mobility, Smart Cities Parking Management. On the second day of the conference, Rajesh Palkar, Vice President, Government and Consultant Business, Prama India Private Limited., gave a detailed presentation on the trendy theme ‘AI Cameras in Urban Mobility and Safety’. He also briefed about the latest Transportation security solutions offered by PRAMA India. His presentation got an overwhelming response from the conference delegates. PRAMA’s Transportation Solution enables the promise of advanced video security solutions. It provides mission critical security to the transportation hubs. It has a Command and Control solution to proactively monitor the video data of video security cameras. Its bespoke products and solutions serve the vehicular security needs. PRAMA’s Smart Traffic Solution offers the help to resolve the Traffic Management challenges. It keeps the vehicle traffic moving swiftly while ensuring the security and safety of travelers, vehicles and pedestrians. TTTrafficInfraTech Expo 2024 provided a networking forum for government representatives, experts, project heads, system integrators and service providers to collectively find solutions to urban transport challenges. The exquisitely designed PRAMA booth got good response from the security professional community, transportation industry leaders, government representatives and delegates. The event got concluded with relevant insights on the latest developments in the India’s transport sector. A large number of dealers, distributors, consultants, system integrators and end-users visited the PRAMA booth to check the latest transportation security solutions on display.

Consistent Infosystems better known as Consistent, one of India’s fastest-growing IT brands proudly introduced the Consistent 16 Channel CCTV SMPS Single Output Power Supply (Gold Series), an industry-defining power solution for security systems. This high-efficiency power supply is designed to cater to the growing demand for reliable and uninterrupted power to CCTV cameras, ensuring optimal performance and maximum protection. Consistent 16 Channel CCTV SMPS is designed to power up to 16 CCTV cameras simultaneously, ensuring efficient and steady performance for large-scale surveillance systems. Equipped with cutting-edge surge protection technology, it effectively shields a system from voltage spikes, while the built-in short circuit and overload protection mechanisms add an extra layer of security, guaranteeing stable and uninterrupted operation. What sets this power supply apart is its stabilized output and low ripple, delivering smooth, consistent power to enhance the overall performance of connected devices. With a remarkable 85% efficiency at full load, it operates with minimal power consumption, offering an eco-friendly, cost-effective solution for businesses focused on both security and sustainability. Technical specifications: SMPS is built with precision, offering superior line and load regulation of less than 1%, ensuring consistent power distribution. This makes it the ideal choice for environments where reliability and safety are critical. Yogesh Agrawal, CEO and Co-Founder of Consistent Infosystems, commented, “We are thrilled to introduce this state-of-the-art power supply solution, which redefines how surveillance systems are powered. Our focus on providing high-quality, efficient, and safe products ensures that we consistently meet the evolving needs of the industry.” With a reputation for delivering high-quality products, Consistent continues to raise the bar with its latest offering in the CCTV power supply segment, ensuring that security systems are powered with maximum efficiency and protection. Both variants are available for purchase through Consistent’s official website and authorized retail partners across India. Consistent Infosystems is a leading provider of IT hardware products, Security & Surveillance products, Print consumables products, and Electronics & Home entertainment products in India. It started its glorious journey back in the year 2011 from the Capital city of India, New Delhi. Since the venture started, CONSISTENT Infosystems has become one of the fastest-growing Indian IT organizations in the era of technology and has already put its remarkable footprints in the Information Technology, Electronics & Home Entertainment industries. Recently, CONSISTENT has been recognized as the ‘Fastest Growing Brand of 2023’ and ‘Most Cost-Effective IT Peripherals Brand of 2023’ by NCN this year. CONSISTENT Infosystems has grown successfully over the years and has increased its footprint across all major states in India. Today the company has 24+ branches, a portfolio of 400+ products, 78+ Service centers, 300+ direct employees, exports to 9+ countries, more than 3500+ channel partners PAN India and more than 5 Crore+ Happy Customers. Quality and Service are the only modus operandi for CONSISTENT and with these parameters in sync, the brand has defined the working ethics of the organization nationally as well as on a global level.