Yearly, about 1.2 million lives are snuffed out in street accidents worldwide, in line with a World Well being Organisation report. Of this, India stories essentially the most variety of fatalities. However this deeptech startup, which can also be the primary unicorn of 2025 in India, is out on a mission to enhance street security and effectivity by leveraging cutting-edge know-how that transforms the transportation trade.
Netradyne, based in 2015 by Avneesh Agrawal and David Julian–each Stanford alumni–supplies AI-powered fleet security and video telematics options, a type of passive ADAS (Superior Driver Help System).
Its flagship product– Driver•i– powered by superior AI analyses each minute of drive time with as much as 99 per cent accuracy, recognising each dangerous and protected driving behaviours. With over 20 billion of driving miles analysed, the corporate claims the product has delivered a big discount in accident charges amongst its customers.
“Our clients from India and the US have reported a 50 per cent discount in accident charges,” Durgadutt Nedungadi, Senior Vice President, Netradyne, advised ETAuto.
Now, the San Diego-based startup is planning to launch a brand new line of merchandise which is able to elevate the bar additional in its preemptive method to street security, with a deal with detecting driver fatigue.
“Shortly, we are going to launch merchandise which deal with the sleep cycle. By utilizing superior know-how, we’ve got labored on quite a lot of these sleep scales that research blink charges. On this means, we are able to elevate an alert early within the cycle when a driver is sleepy,” mentioned Nedungadi. Within the close to future, we will even work on know-how that may seize pupil dilation to detect state of inebriation, he added.
Profitability & R&D focus
The Softbank-backed startup has just lately introduced its world growth plans, with a goal to develop its footprint to fifteen nations. The corporate at the moment has business operations spanning 10 nations, together with India, however counts the US as its largest market. “About 90 per cent of our gross sales come from the US. However, over the following few years, we need to attain a stage the place the remainder of the world contributes a far better proportion of revenues in order that we’re actually a world sort of firm, notes Nedungadi.
Recent from its Collection D spherical funding, the corporate has set its eyes on income development whereas chasing profitability.
During the last two years, the corporate registered a development of over 50 per cent and intends to proceed the momentum. Whereas not specifying a timeline, Nedungadi emphasised the purpose of attaining profitability within the near-term horizon. In 2024, it generated a income of $210 million (round ₹1,743 crore).
The startup, which has over 3000 clients throughout the markets together with Shell, IndianOil, amongst others, can also be in talks with quite a lot of OEMs from the business automobile phase to discover potential collaborations and integration of its know-how.
The corporate has a deep deal with R&D, with about 550 of its 850 workers engaged within the tech space. ” Our firm has upwards of 30 patents to its title. For us, tech is the vital side and until we maintain innovating, we won’t get to the place we actually need to be,” famous Nedungai. “Though the corporate is integrated in San Diego, our tech headquarter is in Bengaluru,” he added.
With over 98 per cent of its R&D based mostly in India, this startup is not only fostering the way forward for protected mobility, but in addition amplifying India’s deeptech presence on the worldwide map.
