Napino Tech Ventures and Teksun Launch Rapidise with $4M Seed Funding to Transform AIoT Product Development
Napino Tech Ventures Pvt Ltd (NTV) and Teksun Microsys Pvt Ltd have joined forces to introduce Rapidise Technology Pvt Ltd (RTPL), supported by a $4 million seed investment. Rapidise is set to change how AI-powered connected devices are designed, engineered, and manufactured at scale.
Functioning as a full-service Original Design Manufacturer (ODM), Rapidise offers startups, SMBs, and enterprises a one-stop solution for building next-generation AI-driven products. Their services cover everything from product design and prototyping to certification and lifecycle management.
End-to-End ODM Services Let Clients Focus on Market Growth
Rapidise handles the heavy lifting of product innovation and execution, freeing clients to concentrate on branding and go-to-market strategies. This approach streamlines the path from concept to production, reducing time-to-market and engineering risks.
Vaibhav Raheja, Board Member at Rapidise and Joint Managing Director at Napino Auto, highlights the synergy behind the venture: “Rapidise combines top-tier product engineering with scalable manufacturing to drive AIoT advancements.”
The company integrates Teksun’s expertise in product design and engineering with Napino Group’s advanced electronics manufacturing capabilities in India. This vertical integration supports rapid development and high-volume production across automotive, healthcare, industrial, and consumer electronics sectors.
Proven Track Record and Ambitious Growth Plans
Rapidise has already delivered over one million smart IoT devices and secured more than $81 million in booked orders worldwide, spanning North America, Europe, the Middle East, and APAC.
Brijesh Kamani, Founder and CEO of Rapidise, states, “Our goal is to lead the global ODM space by combining innovation, agility, and performance. By uniting engineering and manufacturing capabilities, we’re set to support the next generation of AI-driven IoT products.”
Advanced Manufacturing and Engineering Infrastructure
- Fully automated Japanese SMT lines with Class 7 Clean Room
- Camera module manufacturing in Class 6 Clean Room
- AI-powered PCB assembly lines and mechanical tooling
- Complete box-build assembly infrastructure
- Team of over 300 R&D engineers
- Modular, production-ready platforms known as RISE IoT Modules
This setup fast-tracks custom IoT, AI, and connected product development while minimizing engineering risks and speeding up time-to-market.
Self-Service Platform for On-Demand ODM Solutions
Ashish Chinthal, Chief Business Officer at Rapidise, explains, “Our self-service platform allows clients to get instant quotes for engineering and manufacturing. This makes ODM services more accessible, faster, and fully transparent.”
Collaborations Accelerate Intelligent Edge Innovation
Rapidise partners with leading semiconductor and connectivity companies to embed AI, connectivity, and edge processing capabilities into its platforms. These alliances help customers launch connected products more quickly and at scale.
Manmeet Singh, Senior Director & India Business Head of Automotive, Connectivity, Broadband & IoT at Qualcomm India, comments, “This partnership is a solid example of India-led co-innovation accelerating intelligent edge solutions globally.”
Comprehensive Product Development Expertise
Rapidise specializes in turning ambitious ideas into market-ready products. Their core competencies include embedded systems, AI/ML development, electronics manufacturing, and new product introduction (NPI). They cover the full spectrum from firmware development and cloud integration to mechanical design and full-stack application development.
With a global team working across time zones, Rapidise ensures rapid prototyping, iterative development, and production-ready results delivered on schedule and to exact specifications. Whether scaling an MVP or rolling out complex IoT systems, they have the capabilities and infrastructure to bring product visions to life efficiently.
Product development professionals looking to understand how integrated ODM services can accelerate AIoT product launches should watch Rapidise closely as it expands its footprint in the global market.
Your membership also unlocks:
