Napino Tech Ventures and Teksun Microsys have launched Rapidise Technology with $4 million in seed funding, aimed at transforming how AI-enabled connected devices are designed, engineered, and manufactured at scale.
Rapidise serves as a one-stop shop Original Design Manufacturer (ODM) for startups, SMBs, and enterprises developing next-generation, AI-powered products. As an ODM, Rapidise not only manufactures but also designs, prototypes, certifies, and manages the entire product lifecycle.
“Rapidise unites best-in-class product engineering with scalable manufacturing to accelerate AIoT innovation,” said Vaibhav Raheja, Board of Director, Rapidise and Joint MD, Napino Auto.
Rapidise integrates product design and engineering expertise from Teksun with Napino group’s advanced electronics manufacturing infrastructure in India. This vertical integration supports rapid innovation and high-volume production for sectors such as automotive, healthcare, industrial, and consumer electronics.
The company has already delivered over one million smart IoT devices and has $81 million plus in booked orders across North America, Europe, the Middle East, and APAC.
“Our vision is to be a world-leading ODM player, recognised for innovation, agility, and commitment to empowering intelligent, high-performance solutions,” said Brijesh Kamani, Founder and CEO of Rapidise. “By combining engineering and manufacturing under one roof, we’re ready to power the next generation of AI-enabled IoT products.”
Based 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 full box-build assembly infrastructure. This enables the production of complex electronics, including:
- IoT modules and gateways
- Camera modules, dash cameras, and body-worn cameras
- 5G-enabled surveillance systems and automotive Edge AI devices
- Infotainment devices, smart TVs, and mobile phones
- Smart Devices for Agri-tech, Fin-tech, Utilities and Industry 4.0 Applications
With 300+ R&D engineers and modular, production-ready platforms (RISE IoT Modules), Rapidise accelerates custom IoT, AI, and connected solution development. This subsequently reduces engineering risk and shortens time-to-market.
“We’re transforming how products are built — from concept to mass production,” said Ashish Chinthal, Chief Business Officer at Rapidise. “Our self-service platform delivers instant quotes for engineering and manufacturing, enabling on-demand ODM services that are faster, more accessible, and fully transparent.”
Rapidise collaborates with semiconductor and connectivity companies to integrate advanced AI, connectivity, and edge processing into its platforms. These partnerships accelerate innovation at the intelligent edge, enabling customers to launch connected products faster and at scale.
“The collaboration showcases how ecosystem partnerships can accelerate scalable AI innovation. It’s a strong example of India-led co-innovation powering intelligent edge solutions globally,” added Manmeet Singh, Senior Director & India Business Head of Automotive, Connectivity, Broadband & IoT, Qualcomm India.
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