Pravega Ventures, an Indian early stage venture capital firm, is set to host the Pravega ER&D Summit on February 8, 2024, in Indiranagar, Bengaluru; aiming to spark collaboration and innovation in the Engineering R&D (ER&D) space. The exact location will be announced upon registration. The event will incorporate a panel discussion followed by a networking session with dinner and drinks. The panel will bring industry experts from ER&D service companies & start-ups, tooling companies, OEMs, Tier-1 investors and bankers on a single platform.
Pravega Ventures, a principal early-stage venture capital firm based in India with a keen interest in B2B businesses in the areas of Engineering R&D Services, Enterprise, Semiconductors, and FinTech, has been actively evaluating the ER&D space for nearly a year. The Pravega ER&D Summit aims to bring together key stakeholders to discuss emerging trends, challenges, and opportunities within the embedded systems sector. Industries such as automotive, aerospace, defense, and medical are experiencing significant shifts, necessitating a platform for stakeholders to discuss evolving workflows and future product sales.
The Pravega ER&D Summit is expected to serve as a catalyst for the early-stage ER&D space, fostering collaboration and addressing challenges faced by founders in terms of fundraising and business operations. The organizers emphasize the need to gather views from all stakeholders, discuss India’s role in this evolving space, and create connections that can contribute to the growth of the ER&D ecosystem.
At the summit, notable industry experts and thought leaders from Pravega Ventures will take the stage. Rohit Jain, one of the featured co-founders and partners, will be an integral part of the summit. With 15 years of technology and product experience in companies like Google, Microsoft, and IBM Research, he has led investments and served on boards of various companies. He holds multiple patents and has published numerous research papers.
Mukul Singhal, another co-founder at Pravega Ventures, brings over 15 years of experience in the venture capital industry. His passion lies in partnering with ideas that create a positive impact in India. He co-founded Pravega Ventures with a philosophy of building long-term relationships and providing strategic support to entrepreneurs. Mukul Singhal’s active engagement with the startup ecosystem includes investments in Chaayos, Bobble, Tracxn, and Aspiring Minds.
Vinay Menon, the third featured co-founder and partner at Pravega Ventures, brings over eighteen years of Investment Banking experience. Holding multiple leadership roles at JPMorgan and Kotak Mahindra, he has been an active angel investor across sectors like Big Data Analytics, Logistics, and Vertical E-Commerce. His expertise lies in building a market-leading Capital Markets Franchise.
Additionally, the summit will feature panelists like RK Patil, the CEO of Vayavya Labs. With over 25 years of professional experience in Telecom, Embedded Software, and Semiconductors, RK Patil is a co-founder of Vayavya Labs. His leadership involves strategic decisions related to engineering and business. He has a rich background, including roles in the Indian Air Force and leading various engineering activities.
Among other panelists is RV Narasimham, currently serving as the SVP & Global Head of Integrated Engineering Services at Tech Mahindra. He brings over twenty-five years of experience in technology and engineering services. Widely recognized as a versatile IT leader, RV Narasimham has played significant roles in driving digital transformation and innovation across various global organizations.
Adding to the lineup is Debasis Bishoi, the SVP and Leader of SDS at Bosch. He is an experienced technology leader in areas of IT, Digital Offerings, technology strategy formulation, and business transformation. His expertise spans across manufacturing and utilities verticals, with significant experience in delivery leadership.
Furthermore, the summit will showcase insights from Vineet Dravid. With a background in Mechanical Engineering, he serves as the founder and CEO of oorja.energy. Bringing hands-on experience as an Applications Engineer at COSMOL and later as Managing Director, Vineet Dravid is dedicated to the field of sustainable energy solutions.
Notably, the panel includes Raghu Panicker, the CEO of Kaynes SemiCon. He is a self-motivated business professional with over 28 years of experience. Currently working at Kaynes Technology India Limited, Raghu Panicker has a track record of developing and executing vertical-specific strategies for rapid business growth.
The Pravega ER&D Summit is a closed-door event expected to host around 50 attendees. The curated guest list includes founders, leaders from large companies, selected investors, and financial advisors. Interested individuals can register for the Pravega ER&D Summit through Pravega Ventures’ LinkedIn page.
