U.S. firm Evergent Tech's innovation hub opened in Hyderabad, to employ 1,000 people by 2025
Established as a strategic product and innovation hub, the centre has onboarded more than 600 engineering and AI professionals thus far. The company aims to scale this to more than 1,000 employees by 2025, Evergent said after Industries and IT Minister D. Sridhar Babu inaugurated the GVC on Tuesday (June 4, 2025).
The launch of the GVC syncs well with Telangana's vision to contribute $1 trillion to India's economy over next decade. Facilitating a shift from volume-led to value-led growth in tech industry will be one of the growth drivers, something that could be achieved by building capacity in high-impact areas like AI, semiconductors, defence, and deep-tech, the Minister said.
Setting up of such facilities marks a shift to building high-value IP and global products from Telangana, leveraging Hyderabad's deep tech talent and driving innovation at scale, a press release from the Minister's office on his speech said.
Under Chief Minister A. Revanth Reddy's leadership, Telangana has attracted investments worth ₹3 lakh crore over the past 18 months, he said. The focus is on making Telangana a hub for emerging technologies such as AI, ML and Quantum Computing.
Evergent CEO and founder Vijay Sajja said 'we have combined the best of Silicon Valley and India to build mission-critical, AI-driven SaaS solutions that power monetisation for global media giants. Hyderabad's exceptional engineering talent is at the core of our innovation...' he said.
The firm is developing proprietary intellectual property in Hyderabad that enables monetisation for global media giants such as the NBA, Sky, DirecTV, and SonyLIV across more than 180 countries. Its platform, entirely built in India, has helped onboard over 920 million subscribers worldwide on behalf of its clients, creating one of the largest datasets for AI-driven business intelligence.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
2 hours ago
- Hindustan Times
Aeronero Deep Tech Raises $1.5M from Callapina Capital & Rezwan Razack to Scale Air Water Tech Globally
Chennai, 12th August 2025 — Aeronero, a pioneering deep-tech innovation company revolutionizing the future of water through science-led technology, has secured USD 1.5 million in its first-ever funding round. The raise was led by Callapina Capital and co-invested by Rezwan Razack, MD of Prestige Properties (Razack Family Trust) , SAN ANGELS, Jamwant Ventures, and marquee HNIs including Kiran Deshpande (Former CEO, Tech Mahindra) and S. Ramadorai (Former CEO & Vice Chairman, TCS). This capital injection marks a significant inflection point for the Chennai-headquartered startup, which has developed a suite of Air Water solutions that generate clean, alkaline, drinkable water directly from the atmosphere. Aeronero's flagship systems are already deployed across homes, offices, and military outposts in India and abroad, addressing severe water scarcity in regions where traditional sources are failing. At the heart of the company's mission is its guiding principle: Water for All, Always. The company's Founder & CEO, Dr. Durga Das—a former professional athlete recently honored with a Doctorate in Technology and Innovation—shared, 'This funding marks a pivotal moment for us. Water scarcity is not just a crisis—it's a call to reimagine the systems that sustain life. With the right science, scale, and partners, we're not just building machines—we're building a global movement toward water independence.' Backed by 13 global patents (many already commercialized) and a robust research-driven platform, Aeronero has achieved 400% YoY growth in the past year. The company currently holds an order book of nearly ₹30 crore and is rapidly scaling its in-house manufacturing capacity to produce 2,000 units per month, with a ₹100 crore topline in its sights. Vinod Jose, General Partner at Callapina Capital, noted, 'After tracking Air Water generation for three years, we believe this is the most disruptive innovation the water sector has seen in a century. Aeronero's decentralized, patent-backed model and visionary leadership position them to lead the global AWG market. They're answering a fundamental question: Can we source water without extracting it from overburdened natural ecosystems? The answer is yes—and it's in the air.' Prestige Group, one of India's leading real estate developers, sees the collaboration as a critical step toward sustainable infrastructure integration. Rezwan Razack, MD of Prestige Properties (Razack Family Trust), remarked, 'We've engaged deeply with Aeronero and are excited by the promise their innovations offer. Our investment reflects our confidence in Durga's vision and Aeronero's potential to reshape water sustainability across the communities we serve.' The startup has also gained endorsements from leading industry figures. Kiran Deshpande shared, 'We are proud users of Aeronero's 'Bubble' system. The water is pure, alkaline, and ideal for drinking. Durga and her team are doing phenomenal work in creating sustainable, decentralized water systems.' Echoing this sentiment, S. Ramadorai added, 'Aeronero is visionary and scientific in equal measure—creating drinkable water from thin air. Their platform is not only efficient but smart and internet-enabled. It's a scalable solution to one of humanity's oldest challenges.' Jamwant Ventures, another investor in this round, emphasized the strategic significance of Aeronero's work in national resilience. 'Our investment in Aeronero aligns with our belief in Atma Nirbhar Bharat—backing innovations that strengthen India's defense and sustainability infrastructure,' the firm stated. As climate change and urbanization continue to place immense stress on traditional water infrastructure, Aeronero is stepping into a leadership role in redefining how the world sources its most critical resource. Its fully Made-in-India solutions span from smart household units to large-scale industrial systems, all engineered for decentralized deployment. With its latest funding and a growing coalition of strategic backers, Aeronero is poised to lead a water-secure future—one where clean, safe drinking water flows not from a pipe, but from the air itself. Note to readers: This article is part of HT's paid consumer connect initiative and is independently created by the brand. HT assumes no editorial responsibility for the content, including its accuracy, completeness, or any errors or omissions. Readers are advised to verify all information independently. Want to get your story featured as above? click here!
The Wire
4 hours ago
- The Wire
Aeronero Deep Tech Raises $1.5M in Landmark Round Led by Callapina Capital and Rezwan Razack of Prestige Group to Scale Air Water Tech
Chennai, 12th August 2025 — Aeronero, a pioneering deep-tech innovation company revolutionizing the future of water through science-led technology, has secured USD 1.5 million in its first-ever funding round. The raise was led by Callapina Capital and co-invested by Rezwan Razack, MD of Prestige Properties (Razack Family Trust) , SAN ANGELS, Jamwant Ventures, and marquee HNIs including Kiran Deshpande (Former CEO, Tech Mahindra) and S. Ramadorai (Former CEO & Vice Chairman, TCS). This capital injection marks a significant inflection point for the Chennai-headquartered startup, which has developed a suite of Air Water solutions that generate clean, alkaline, drinkable water directly from the atmosphere. Aeronero's flagship systems are already deployed across homes, offices, and military outposts in India and abroad, addressing severe water scarcity in regions where traditional sources are failing. At the heart of the company's mission is its guiding principle: Water for All, Always. The company's Founder & CEO, Dr. Durga Das—a former professional athlete recently honored with a Doctorate in Technology and Innovation—shared, 'This funding marks a pivotal moment for us. Water scarcity is not just a crisis—it's a call to reimagine the systems that sustain life. With the right science, scale, and partners, we're not just building machines—we're building a global movement toward water independence.' Backed by 13 global patents (many already commercialized) and a robust research-driven platform, Aeronero has achieved 400% YoY growth in the past year. The company currently holds an order book of nearly ₹30 crore and is rapidly scaling its in-house manufacturing capacity to produce 2,000 units per month, with a ₹100 crore topline in its sights. Vinod Jose, General Partner at Callapina Capital, noted, 'After tracking Air Water generation for three years, we believe this is the most disruptive innovation the water sector has seen in a century. Aeronero's decentralized, patent-backed model and visionary leadership position them to lead the global AWG market. They're answering a fundamental question: Can we source water without extracting it from overburdened natural ecosystems? The answer is yes—and it's in the air.' Prestige Group, one of India's leading real estate developers, sees the collaboration as a critical step toward sustainable infrastructure integration. Rezwan Razack, MD of Prestige Properties (Razack Family Trust), remarked, 'We've engaged deeply with Aeronero and are excited by the promise their innovations offer. Our investment reflects our confidence in Durga's vision and Aeronero's potential to reshape water sustainability across the communities we serve.' The startup has also gained endorsements from leading industry figures. Kiran Deshpande shared, 'We are proud users of Aeronero's 'Bubble' system. The water is pure, alkaline, and ideal for drinking. Durga and her team are doing phenomenal work in creating sustainable, decentralized water systems.' Echoing this sentiment, S. Ramadorai added, 'Aeronero is visionary and scientific in equal measure—creating drinkable water from thin air. Their platform is not only efficient but smart and internet-enabled. It's a scalable solution to one of humanity's oldest challenges.' Jamwant Ventures, another investor in this round, emphasized the strategic significance of Aeronero's work in national resilience. 'Our investment in Aeronero aligns with our belief in Atma Nirbhar Bharat—backing innovations that strengthen India's defense and sustainability infrastructure,' the firm stated. As climate change and urbanization continue to place immense stress on traditional water infrastructure, Aeronero is stepping into a leadership role in redefining how the world sources its most critical resource. Its fully Made-in-India solutions span from smart household units to large-scale industrial systems, all engineered for decentralized deployment. With its latest funding and a growing coalition of strategic backers, Aeronero is poised to lead a water-secure future—one where clean, safe drinking water flows not from a pipe, but from the air itself. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR This is an auto-published feed from PTI with no editorial input from The Wire.
Business Standard
4 hours ago
- Business Standard
Aeronero Deep Tech Raises $1.5M in Landmark Round Led by Callapina Capital and Rezwan Razack of Prestige Group to Scale Air Water Tech
VMPL Chennai (Tamil Nadu) [India], August 12: Aeronero, a pioneering deep-tech innovation company revolutionizing the future of water through science-led technology, has secured USD 1.5 million in its first-ever funding round. The raise was led by Callapina Capital and co-invested by Rezwan Razack, MD of Prestige Properties (Razack Family Trust) , SAN ANGELS, Jamwant Ventures, and marquee HNIs including Kiran Deshpande (Former CEO, Tech Mahindra) and S. Ramadorai (Former CEO & Vice Chairman, TCS). This capital injection marks a significant inflection point for the Chennai-headquartered startup, which has developed a suite of Air Water solutions that generate clean, alkaline, drinkable water directly from the atmosphere. Aeronero's flagship systems are already deployed across homes, offices, and military outposts in India and abroad, addressing severe water scarcity in regions where traditional sources are failing. At the heart of the company's mission is its guiding principle: Water for All, Always. The company's Founder & CEO, Dr. Durga Das--a former professional athlete recently honored with a Doctorate in Technology and Innovation--shared, "This funding marks a pivotal moment for us. Water scarcity is not just a crisis--it's a call to reimagine the systems that sustain life. With the right science, scale, and partners, we're not just building machines--we're building a global movement toward water independence." Backed by 13 global patents (many already commercialized) and a robust research-driven platform, Aeronero has achieved 400% YoY growth in the past year. The company currently holds an order book of nearly ₹30 crore and is rapidly scaling its in-house manufacturing capacity to produce 2,000 units per month, with a ₹100 crore topline in its sights. Vinod Jose, General Partner at Callapina Capital, noted, "After tracking Air Water generation for three years, we believe this is the most disruptive innovation the water sector has seen in a century. Aeronero's decentralized, patent-backed model and visionary leadership position them to lead the global AWG market. They're answering a fundamental question: Can we source water without extracting it from overburdened natural ecosystems? The answer is yes--and it's in the air." Prestige Group, one of India's leading real estate developers, sees the collaboration as a critical step toward sustainable infrastructure integration. Rezwan Razack, MD of Prestige Properties (Razack Family Trust), remarked, "We've engaged deeply with Aeronero and are excited by the promise their innovations offer. Our investment reflects our confidence in Durga's vision and Aeronero's potential to reshape water sustainability across the communities we serve." The startup has also gained endorsements from leading industry figures. Kiran Deshpande shared, "We are proud users of Aeronero's 'Bubble' system. The water is pure, alkaline, and ideal for drinking. Durga and her team are doing phenomenal work in creating sustainable, decentralized water systems." Echoing this sentiment, S. Ramadorai added, "Aeronero is visionary and scientific in equal measure--creating drinkable water from thin air. Their platform is not only efficient but smart and internet-enabled. It's a scalable solution to one of humanity's oldest challenges." Jamwant Ventures, another investor in this round, emphasized the strategic significance of Aeronero's work in national resilience. "Our investment in Aeronero aligns with our belief in Atma Nirbhar Bharat--backing innovations that strengthen India's defense and sustainability infrastructure," the firm stated. As climate change and urbanization continue to place immense stress on traditional water infrastructure, Aeronero is stepping into a leadership role in redefining how the world sources its most critical resource. Its fully Made-in-India solutions span from smart household units to large-scale industrial systems, all engineered for decentralized deployment. With its latest funding and a growing coalition of strategic backers, Aeronero is poised to lead a water-secure future--one where clean, safe drinking water flows not from a pipe, but from the air itself.
