Sparsh CCTV, Innoviz Technologies and Cron AI partner to offer Security and Intelligent Transport System (ITS) Solution Across India
New Delhi [India], July 15: Sparsh CCTV, one of India's leading manufacturers of smart cameras and integrated surveillance solutions with multiple government and enterprise clients in India, Innoviz Technologies Ltd. (NASDAQ: INVZ), a global automotive leader in LiDAR solutions, and Cron AI, a leading deep learning 3D perception provider, announced today the collaboration to offer an integrated LiDAR-camera-vision perception platform, purpose-built for large-scale deployment across transport, perimeter security, railways and critical infrastructure.
The announcement comes at a time when India's perimeter security sector is valued at USD 3.23 billion (2022) and projected to grow at a CAGR of 14% through 2030¹. The intelligent transport market, currently worth USD 1.44 billion (2024), is expected to more than double by 2033². Meanwhile, railway modernization and infrastructure investments exceed USD 1.3 billion³, driven by national programs like DFCCIL and Kavach. Together, these sectors represent over USD 1 billion⁴ in addressable opportunity for edge-native LiDAR-camera systems -- with massive scaling potential through 2030.
With a footprint across 120+ cities, a network of 2,000+ partners and an annual production capacity of 500,000+ security devices, Sparsh will lead go-to-market efforts, support integration and explore local manufacturing for the unified sensing platform.
The edge-native perception nodes -- combining high-performance LiDAR, deep-learning perception, and vision analytics -- are expected to be a part of security infrastructure upgrade project which is planned to go live at critical infrastructure across India. These systems are intended to deliver real-time insights into vehicle movement, pedestrian safety and perimeter activity -- all processed on the edge, without reliance on cloud compute or high-power infrastructure.
"This partnership marks a major leap in how India can deploy high-performance, real-time sensing at scale," said Sanjeev Sehgal, Founder and MD of SparshCCTV. "By integrating global best-in-class LiDAR and 3D perception into our portfolio, we're equipping our customers across cities, industries, and government with intelligent systems that are built for Indian conditions and ready to scale."
The integrated platform takes into account the complexities of Indian outdoor environments -- heat, dust, glare, fog, and electrical instability and delivers continuous, low-latency awareness at the edge.
- InnovizSMART LiDAR delivers long-range, high-resolution, uniform 3D coverage, built to perform in harsh weather and lighting conditions
- Cron AI's senseEDGE processes every point in the LiDAR cloud using deep learning -- not clustering -- for greater accuracy, richer context, and consistent performance. It runs at just 8 watts, with no GPU or external infrastructure
- Sparsh's vision systems contribute intelligent classification, layered redundancy, and real-time visual analytics -- enhancing overall system reliability
Together, they create a true sensor fusion platform, where 3D point cloud, video vision and edge-native AI combine to deliver next-gen situational awareness, deployable in the near future.
"India's infrastructure needs intelligence that's fast, reliable, and frictionless," said Tushar Chhabra, Founder and CEO - Cron AI."We built senseEDGE for exactly this kind of real-world complexity. With Sparsh and Innoviz, we are making 3D perception truly scalable across India's cities and critical infrastructure."
"Innoviz is proud to bring our rugged, automotive-grade LiDAR technology to one of the world's fastest growing infrastructure markets," said Omer Keilaf, CEO and Co-founder - Innoviz Technologies. "Paired with Cron AI's powerful edge-native perception and Sparsh's national reach, we are going to enable real-time intelligence for India's transport, security, and smart city initiatives."
From intersections, railways to critical infrastructure and perimeters, this is the future of sensing in India -- real-time, intelligent, and built for deployment at scale.
About Sparsh CCTV
Sparsh is India's first STQC-certified CCTV camera brand and a leader in vision-based security. With operations in 120+ cities, exports to 10+ countries, and a partner network of 2,000+, Sparsh manufactures and deploys over half a million devices annually across sectors like law enforcement, transport, and critical infrastructure. www.sparshsecuritech.com
About Cron AI
Cron AI is a deep tech company transforming 3D perception for real-world infrastructure. Its platform, senseEDGE, uses deep learning to interpret every point in a LiDAR cloud -- delivering accurate, robust insights on just 8 watts of edge compute. Offered via a Data-as-a-Service (DaaS) model, Cron AI makes real-time 3D intelligence easy to deploy and scale. www.cronai.com
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, serving top-tier automotive and industrial partners. Its solid-state LiDAR sensors and software meet the highest standards for safety, performance, and reliability -- and are trusted worldwide across transport, defense, and autonomous systems. www.innoviz.tech
Footnotes & Sources
1. Grand View Research - India Perimeter Security Market Outlook
2. Astute Analytica via GlobeNewswire - India ITS Market Forecast
3. See: Indian Railways CapEx Budget, DFCCIL Project, Kavach - PIB
4. Cron AI internal market sizing estimate based on infrastructure deployment potential and edge native perception opportunity
Photo: https://mma.prnewswire.com/media/2731284/SPARSHCCTV_Innoviz_Cron.jpg
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
NDTV
26 minutes ago
- NDTV
NISAR Satellite Embodies 'Strength Respects Strength': ISRO Chief To NDTV
In a historic collaboration, India and the United States are poised to launch the NASA-ISRO Synthetic Aperture Radar Satellite (NISAR)-the most expensive civilian Earth observation satellite ever built. With a staggering budget of $1.3 billion, NISAR is a technological marvel designed to monitor earthquakes, glacial movements, carbon sequestration, and climate change-induced disasters such as glacial lake outbursts. In an exclusive interview with NDTV, Dr V Narayanan, Chairman of the Indian Space Research Organisation (ISRO), expressed immense pride in the mission, calling it a "life-saving satellite" and a symbol of India's rising leadership in space. "This is going to be yet another great day for India," he said. "There's a saying-strength only respects strength." ISRO says GSLV-F16 is the 18th flight of India's Geosynchronous Satellite Launch Vehicle (GSLV) and the 12th flight with the Indigenous Cryogenic stage. This is the 9th operational flight of GSLV with an indigenous Cryogenic stage. This is the first mission with GSLV being used to place a satellite in sun-synchronous polar orbit. Dr Narayanan reflected on India's journey in space technology, tracing its roots back to 1975 when the country launched its first satellite, Aryabhata, with Russia's support. "From that humble beginning, when India relied on other nations for satellite technology, we are now gradually occupying a leadership role," he said. "Today, two great countries have built an important satellite together, and I'm extremely happy that it will be launched by our vehicle from Indian soil." NISAR carries two major payloads-one developed by ISRO and the other by NASA. The satellite bus was built in Bengaluru, and the mission represents a seamless fusion of Indian and American engineering excellence. Development took place at NASA's Jet Propulsion Laboratory (JPL) in Pasadena, California, and ISRO's URSC Satellite Centre in Bengaluru and Space Applications Centre in Ahmedabad. The satellite will be launched from Sriharikota in Andhra Pradesh using India's Geosynchronous Satellite Launch Vehicle Mark 2 (GSLV Mk II), a rocket that once earned the nickname "naughty boy" due to its early reliability issues. Dr Narayanan, who assumed the role of ISRO Chairman on January 13 this year, made a bold decision to use the GSLV Mk II for his first launch, despite having the option to delay and use the more proven PSLV. "I had no iota of doubt," he said. "The GSLV Mark 2, once called the naughty boy, is now a sincere, obedient boy. It lifted off gigantically and yielded the required result." That successful flight on January 29 marked ISRO's 100th launch and reaffirmed the rocket's reliability. As a rocket technologist who led the development of India's cryogenic engine, Dr Narayanan emphasised the rigorous testing and systematic effort that went into preparing the vehicle for NISAR. "Every aspect is thoroughly addressed. We don't change decisions arbitrarily. The GSLV F-16 vehicle, in my opinion, is 100 per cent reliable." The NISAR mission also showcases India's frugal yet effective approach to space technology. While NASA's contribution is estimated at nearly $1.2 billion, India's share-including a major payload, the satellite bus, the rocket, and the launch pad-is reportedly under $100 million. Dr Narayanan attributed this cost-efficiency to India's culture of innovation and resourcefulness. "It's the working culture, the testing requirements, and the nature of experiments that determine cost," he explained. "Whenever we write a test plan, we think about what's happening in India's [poorest] villages. Can we do a digital simulation to bring down the cost? Recall, with just three engines, we successfully flew the indigenous cryogenic stage. No other country does that." Beyond its technological prowess, NISAR is a diplomatic milestone. Dr Narayanan recalled his joy when Prime Minister Narendra Modi proudly announced the joint development of NISAR by ISRO and JPL during a press conference in the United States. "When the Honourable Prime Minister said that India and JPL USA have built the NISAR satellite-what type of happiness, what else is required? That's the type of feeling I had." India's space journey has come full circle-from launching Aryabhata with Russian support to now co-developing and launching a billion-dollar satellite with the United States. Today, India has over 50 satellites in orbit and is recognised as a global space leader. The NISAR satellite is expected to deliver critical data for disaster preparedness, environmental monitoring, and scientific research. It will help scientists track changes in Earth's surface with millimetre-level precision, offering insights into tectonic shifts, ice sheet dynamics, and carbon storage. "Naturally, I'm excited," Dr Narayanan said. "With another giant, we have built a satellite together. Our rocket is going to place the satellite. As Chairman of ISRO and Secretary of the Department of Space-and more than that, as a technologist-I am so excited to see that successful mission." As India prepares to launch NISAR from Sriharikota, the mission stands as a testament to the power of international collaboration, scientific ambition, and the transformative potential of space technology. It is a moment of pride not just for ISRO and NASA, but for every citizen of India and America.
Mint
26 minutes ago
- Mint
GNG Electronics share price Live: GMP, experts hint solid debut in stock market today
GNG Electronics share price Live: Shares of GNG Electronics Ltd will make its debut in the Indian stock market today. GNG Electronics IPO listing is scheduled at 10:00 IST on the bourses today (Wednesday, July 30). GNG Electronics shares will be a part of Special Pre-open Session (SPOS), as per BSE notice. Experts predicted that the GNG Electronics IPO expected listing price is likely to see solid gains compared to its issue price. GNG Electronics IPO allotment status was finalised on Monday, July 28. GNG Electronics IPO opened for subscription on Wednesday, July 23 and closed on Friday, July 25. GNG Electronics IPO subscription status on the last bidding day was 147.93 times. The company fixed a price band of ₹ 225 to ₹ 237 per share for its IPO. GNG Electronics stands out as a prominent refurbisher of laptops and desktops, boasting a strong presence in India, the US, Europe, Africa, and the UAE. The company operates under the name 'Electronics Bazaar' and is involved in the entire refurbishment value chain, including sourcing, refurbishing, selling, offering after-sale services, and providing warranties. (Stay tuned for more updates) Follow updates here: 30 Jul 2025, 08:30 AM IST GNG Electronics IPO subscription status was 147.93 times on day 3. The retail portion was subscribed 46.84 times, and NII portion has been booked 227.67 times, Qualified Institutional Buyers (QIBs) portion received 266.21 times bids. The company has received bids for 2,09,89,15,182 shares against 1,41,88,644 shares on offer, at 19:00 IST, according to data on BSE. 30 Jul 2025, 08:28 AM IST As per Prashanth Tapse, Research Analyst at Mehta Equities Ltd, considering the robust demand for subscriptions and the prevailing market sentiment, we anticipate a solid listing gain exceeding 25% of the issue price. For more cautious investors, this offers a chance to realize profits on the listing day by taking advantage of the initial momentum. Conversely, for those with a long-term or higher risk appetite, we believe that GNG Electronics presents an attractive investment option, supported by scalable operations, strong partnerships with VARs, and alignment with the increasing demands of the SME ICT ecosystem. The company's strategic positioning and fundamentals indicate a potential for sustainable growth well beyond the initial listing gains. 30 Jul 2025, 08:19 AM IST GNG Electronics IPO grey market premium is +90. This indicates GNG Electronics share price was trading at a premium of ₹ 90 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of GNG Electronics share price was indicated at ₹ 327 apiece, which is 37.97% higher than the IPO price of ₹ 237. According to the grey market activities observed over the past 13 sessions, today's IPO GMP is showing an upward trend and is anticipated to have a robust listing. The minimum GMP recorded is ₹ 71.00, while the maximum GMP stands at ₹ 105, as stated by experts from 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
26 minutes ago
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 30 July 2025
Breakout stocks to buy or sell: The Indian stock market is expected to open on a tepid note Wednesday, following weak cues from global markets. The trends on Gift Nifty also signal a muted opening for the benchmark indices, Sensex and Nifty 50. On Tuesday, the equity market saw a short-covering rally and the Nifty 50 ended above 24,800 level. The Sensex gained 446.93 points, or 0.55%, to close at 81,337.95, while the Nifty 50 settled 140.20 points, or 0.57%, higher at 24,821.10. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market mood has improved as the Nifty 50 index witnessed sharp rebound after inching close to its crucial support levels in 24,600 to 24,500 range. 'Nifty 50 index has ended around 24,800 and it would need to close above 24,900 to improve the bias. Till then, one should maintain a stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option,' Bagadia said. Sumeet Bagadia recommends five breakout stocks to buy today: Le Travenues Technology, Vimta Labs, Belrise Industries, Stallion India Fluorochemicals and Rallis India shares. 1] Le Travenues Technology: Buy at 231.36; Target Price ₹ 250; Stop Loss ₹ 223 2] Vimta Labs: Buy at ₹ 729.85; Target Price ₹ 760; Stop Loss ₹ 685 3] Belrise Industries: Buy at ₹ 131.79; Target Price ₹ 142; Stop Loss ₹ 127 4] Stallion India: Buy at ₹ 121.90; Target Price: ₹ 131; Stop Loss ₹ 117 5] Rallis India: Buy at ₹ 380.20; Target Price ₹ 410; Stop Loss ₹ 366 Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
