Napino Tech Ventures and Teksun Unveil Rapidise with $4M Seed Investment to Revolutionize AIoT Product Development and Manufacturing

manufacturing-news
Rapidise Manufacturing Facility

Napino Tech Ventures Pvt Ltd (NTV) and Teksun Microsys Pvt Ltd have launched Rapidise Technology Pvt Ltd (RTPL), backed by a $4 million seed investment, aimed at reshaping the way AI-powered connected devices are designed, engineered, and scaled in manufacturing. Rapidise acts as a comprehensive Original Design Manufacturer (ODM) for startups, small and medium-sized businesses (SMBs), and enterprises creating next-gen AI-driven products. As an ODM, Rapidise provides end-to-end solutions, including design, prototyping, certification, and lifecycle management, allowing clients to focus on branding and market strategies while Rapidise handles product innovation and execution.

“Rapidise combines top-tier product engineering with scalable manufacturing to drive AIoT advancements,” said Vaibhav Raheja, Board Member at Rapidise and Joint Managing Director at Napino Auto.

Rapidise merges Teksun’s product design and engineering expertise with Napino Group’s state-of-the-art electronics manufacturing in India, creating a vertically integrated solution for rapid product development and large-scale production. This integration facilitates innovation and high-volume production in sectors like automotive, healthcare, industrial, and consumer electronics. The company has already delivered over one million smart IoT devices and boasts $81M+ in booked orders across North America, Europe, the Middle East, and APAC.

“Our aim is to become a global leader in the ODM space, renowned for innovation, agility, and delivering high-performance, intelligent solutions,” said Brijesh Kamani, Founder and CEO of Rapidise. “By uniting engineering and manufacturing under one roof, we are positioned to power the next generation of AI-driven IoT products.”

Headquartered in India, Rapidise operates fully automated Japanese SMT lines (Class 7 Clean Room), camera module manufacturing (Class 6 Clean Room), AI-powered PCB assembly lines, mechanical tooling, and complete box-build assembly infrastructure.

With a team of over 300 R&D engineers and modular, production-ready platforms (RISE IoT Modules), Rapidise fast-tracks the development of custom IoT, AI, and connected solutions, reducing engineering risks and accelerating time-to-market.

“We’re revolutionizing the way products are built — from concept to mass production,” said Ashish Chinthal, Chief Business Officer at Rapidise. “Our self-service platform provides instant quotes for engineering and manufacturing, offering on-demand ODM services that are faster, more accessible, and completely transparent.”

Rapidise partners with top semiconductor and connectivity companies to integrate cutting-edge AI, connectivity, and edge processing capabilities into its platforms. These collaborations accelerate innovation at the intelligent edge, helping customers launch connected products quickly and at scale.

“This partnership demonstrates how ecosystem collaborations can drive scalable AI innovation,” said Manmeet Singh, Senior Director & India Business Head of Automotive, Connectivity, Broadband & IoT at Qualcomm India. “It’s a prime example of India-led co-innovation that’s fueling intelligent edge solutions on a global scale.”

As a trusted partner in product development and technology, we specialize in turning ambitious concepts into market-ready products. Our core strengths span embedded systems, AI/ML development, electronics manufacturing, and new product introduction (NPI)—all designed to accelerate your journey from idea to launch without compromising on quality or performance.

From product engineering and firmware development to cloud integration, mechanical design, and full-stack application development, we deliver a fully integrated, end-to-end solution—all under one roof. With a global team working seamlessly across time zones, we ensure rapid prototyping, iterative development, and production-ready outcomes—on time and to specification. Whether you’re scaling an MVP or deploying a complex IoT system, Rapidise has the expertise and infrastructure to bring your vision to life with precision and agility.