Rapidise Launches with $4M to Boost AIoT Innovation
Napino Tech Ventures and Teksun have launched Rapidise Technology Pvt. Ltd. with $4 million in seed funding, announced in a press release. Rapidise aims to transform the design, engineering, and manufacturing of AI-enabled connected devices at scale.
Rapidise serves as a comprehensive Original Design Manufacturer (ODM) for startups, SMBs, and enterprises developing next-generation AI-powered products. The company not only manufactures but also designs, prototypes, certifies, and manages the full product lifecycle, allowing customers to focus on branding and market strategy.
The company integrates product design and engineering expertise from Teksun with Napino'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.
Rapidise has already delivered over one million smart IoT devices and holds $81M+ in booked orders across North America, Europe, the Middle East, and APAC. The company operates fully automated manufacturing facilities in India, equipped with advanced technologies to produce complex electronics, including IoT modules, camera modules, and 5G-enabled devices.
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