Supported by China Torch High Technology Industry Development Center Supported by Shanghai Technology Innovation Center Candidate -The entrepreneurial company either tenanted in the applicant incubator currently being incubated or the one already graduated from incubation program -The enterprise with strong developing capability, high technical grade, legal property rights, integrated procedures -The enterprise already having cooperative relations with foreign countries technology transfer and the establishment of overseas company Awards All winners will receive great public recognition and other awards for their participation in the competition. Among the points given, delete the highest and lowest points, and then calculate the average. It is a company that grows mainly on exports rather than domestic ones, and has been awarded by the Minister of Industry and Commerce, the Minister of the Future Creation Science, and the Best Venture Company.
Plagued by the common problem of coping with extreme climatic conditions, Kranthi, founded Dhama Innovations during his stay in the US.
Kranthi was pursuing his Masters from MIT when he came up with this concept. But the sharp contrast in temperatures between the acute cold outdoors and the centrally heated indoor environment meant putting on and taking off these layers repeatedly throughout the day.
Kranthi came up with a unique climate control jacket and returned to India just with the prototype, to start this business fledge. With a concept like ours, we have been lucky with the kind of support we have received to set up business.
Even though it may sound technical and out-of-reach, this technology was developed specifically keeping the Indian users in mind. However, at the present scenario, the ClimaCon technology is used to design climate control shoes, jackets, neck wrap, head gear, etc.
This can be readily incorporated into any kind of apparel and accessories and can provide both heating and cooling on demand. Integration of ClimaCon technology makes products lightweight as compared to the existing alternatives. It allows products to be aesthetic, failure tolerant, easy to use and to have absolutely no moving parts.
Funding and staffing InVistakula was awarded a government grant of Rs 12 lakh.
The company currently has six employees and four interns who are working actively towards business development. He also got venture capital funding from various VCs and angel investors, who helped bring in networking and contacts apart from the funding.
Future plans Dhama Innovations is currently in the process of tying up with various corporate houses in India to source their ClimaCon products. Dhama is creating animation and video material to reach out to potential users of such jackets.TEDxGateway [4 Feb , Mumbai] Independently Organized TED Event.
Kranthi Kiran Vistakula is the founder and CEO of the technology venture Dhama Innovations Pvt. Ltd. Kranthi is the innovator of the breakthrough ClimaCon® tec hnology, that went on to secure a patent and win numerous international awards and accolades right.
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