Business Description:Vayavya Labs is an Electronic System Level tools provider. The company is working on its patent pending idea of providing a higher level of specification abstractions to architects, designers and programmers in the semiconductor domain so that some of the activities like central repository for IC (Integrated Circuit) details, documents, verification test cases and low level software development can be automated using the tool. This in turn will help companies to save time on bringing a product to market. Designers/Engineers will benefit from spending more time on design specifications rather than implementation related details.
Vayavya's other business unit focuses on the niche segment of Embedded Services. The landscape of technology business has been changing rapidly to meet the demands of business need, high end jobs move closer to the talent pool and the markets they are deployed in. Vayavya team helps customers in the domain of consumer electronics and communications by setting Off-shore Development Centers and dedicated engineering teams for product development. Some of the services provided by the teams are: middleware and application development for DTV, STB, device driver development, OS porting, protocol stacks development etc.
Industry:IT/ Internet/ Software
Founded in:2006
Source of idea:Systematic search for business opportunity
Significant Competitors:No competitor in product segment
Company Details :
Company Name:Vayavya Labs
HeadQuarters:Belgaum
Stage of the company:Have first customer
No of Employees (2006):0-5
No of Employees (2007):26-50
Office Locations(2006):0-1
Office Locations(2007):2-5
No of companies promoted:Yes (2)
Profits (2006):preprofit
Profits (2007):preprofit
>Partnerships:Industry partnerships: The Spirit Consortium, Windows Embedded partner, DSP Texas Instruments
Initial Funding:Personal savings
Addl Funding:Angel investors
Institutitional Capital:No
Revneue Model:Tools licensing, Embedded software services
Awards & honors:Nominated for HeadStart-2008
Promoters Details :
Promoters Name(s):Patil RK
Age:38
HomeTown:Belgaum
Education:Bachelors
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Manager at Genesis Microchip Inc
Ex-Job Description:Product Marketing
Favorite Book/Movie:N.A.
