Events & News
Simulating processes to help industries skill-up
His office is in a quiet middle-class Chennai neighbourhood that was ravaged by the rains here in December. There was water till this, he points to the door frame and says it took them a month to clean up the place. But all that is behind him now as Sabarinath Nair is working on launching his second product — a simulator for painters in industrial applications.
The first product from Sabarinath’s venture – Skillveri Training Solutions Pvt Ltd – is a welding simulator, which companies buy to train their welders on before they actually start working. Skillveri’s clients include Titan Company, Wheels India, Murugappa group, Daimler, Ashok Leyland and Sona Koyo Steering Systems. Industrial Training Institutes too buy these simulators, which cost between ₹8 lakh and ₹14 lakh, to train their students.
Rural women are early adopters of technology
It was the vacuum in the under-served rural and semi-urban pockets that caught the attention of cost accountant, Rema Subramanian, 54 and Ritu Verma, 44, a scientist from Pennsylvania to team up and become India's first SEBI- registered angel fund founded by women.
It's 18 months since the inception of Ankur Capital and with 45 years of combined experience, the company, with a corpus of Rs 400 million, has funded five start-ups ranging between Rs 5 million and Rs 40 million.
Ankur Capital backs training simulator maker Skillveri
Mumbai-based impact investor Ankur Capital has invested an undisclosed amount in Chennai-based startup Skillveri Training Solutions Pvt Ltd.
Skillveri creates simulators to deliver skill training. It claims that its AURA line of welding simulators can train workers at a fraction of the cost required by traditional training methods.
Winners of NSDC skills challenge to get ₹3-cr funding
National Skill Development Corporation will be funding around ₹3 crore to each of the 14 winners of the National Innovation Skills Challenge (NISC) 2014.
Skillveri transforming shop floors by turning novices into experts in manufacturing processes
A machine to skill-up humans in the age of robotic automation. That is the idea behind Chennai based startup Skillveri Training Solutions, which is transforming shop floors of top industrial houses such as TVS, Murugappa Group and Ashok Leyland by turning novices into experts in manufacturing processes like welding.
It is a rectangular box containing a computer and fronted by a touchscreen. A sensor-embedded welding torch hovers over the touchscreen, sends inputs to the computer on the holding angle, deviation, and distance from the screen.This creates appropriate visual effects such as intermittent sparks if it's kept too far and a steady shower if done right. The system also lets out sounds based on touchscreen sensors, which also measures the speed of welding.