VCAT-led funding advances Indian startup’s vision of a sustainable and connected information ecosystem for businesses and consumers alike
MUMBAI, India , Oct. 17, 2024 /PRNewswire/ — Venture Catalysts, India’s leading integrated incubator and accelerator platform, today leads pre-seed funding round for SuperUs, an innovative technology OEM revolutionizing displays We have announced that we will be participating as an investor. technology landscape. This investment marks a significant milestone in SuperUs’ journey to become a global leader in dynamic, sustainable and localized display solutions. Several prominent investors participated in this funding round, including ZNL Growth Fund Scheme I, Pravah Creations Pvt Ltd, Singhvi Heritage LLP, and Pranjal Corporate Services Pvt Ltd. This diverse group of investors brings valuable expertise and resources to support SuperUs’ growth trajectory.
InfoComm India 2024 introduced E Ink Spectra, electronic shelf labels, electronic table cards and door signs.
Founded by Ali Hussain Cochin and Pravesh Kanther, SuperUs has quickly established itself as a frontrunner in developing cutting-edge display technologies for various industries including retail, healthcare, transportation, and smart cities. The company offers a wide range of products, including e-paper displays, Spectra 6, and electronic shelf labels (ESL). These products enhance connectivity and streamline information management across retail, healthcare, transportation, workplace management, and smart city initiatives. SuperUs ensures global scalability and impact by simplifying complex technology with innovative displays.
Commenting on the investment, Apoorva Ranjan Sharma, co-founder and managing director of Venture Catalysts, said, “SuperUs represents the future of display technology. An innovative approach to creating sustainable and energy efficient solutions. “This is perfectly in line with the growing global demand for eco-friendly products.” We believe our product range has the potential to transform the way businesses and cities manage information displays across a variety of sectors. This investment confirms our commitment to supporting breakthrough technologies that have the power to revolutionize industries and create new opportunities for sustainable growth. ”
SuperUs is establishing itself in a rapidly expanding global market. The digital signage market alone is projected to reach USD 35.94 billion by 2026, growing at a CAGR of 7.8%. Meanwhile, the e-paper display market is expected to reach USD 28.16 billion by 2030, at a staggering CAGR of 31.83% from 2023 to 2030. In addition to this, the global POS display market is expected to reach USD 19.71 billion by 2030 and is growing rapidly. The CAGR from 2022 to 2030 is 8.4%.
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SuperUs has complete in-house capabilities to build devices from scratch and is committed to localizing device manufacturing under its ‘Make in India’ initiative. Operating in a 30,000 sq ft factory in Vapi, Gujarat, SuperUs has eight hybrid and flexible production lines, enabling end-to-end production. This setup ensures seamless scalability, supports future growth and provides comprehensive technology solutions under one roof, in line with our ‘Made in India’ vision.
Ali Hussain Cochin, founder and CEO of SuperUs, describes the company’s vision: Industry-centric solutions that increase productivity and streamline operations With the global display technology market growing rapidly, we are confident in our ability to provide cutting-edge solutions to meet evolving business needs. Masu. The funding will enable the company to accelerate its research and development efforts, increase production capacity and strengthen its position in the global display technology market. ”
“With the support of venture catalysts and investors, we are excited to embark on a journey to revolutionize device manufacturing and display technology,” said Pravesh Kansar, co-founder of SuperUs. SuperUs’ potential to transform core areas of the world.” With our focus on localization and sustainability, we believe that our green technology is well-positioned and our solutions will play a key role. Our unwavering commitment to sustainability and innovation puts us at the forefront of progress and creates a positive path forward for our customers, stakeholders and communities. ”
SuperUs’ impressive product portfolio includes electronic shelf labels and digital signage for retail, OPD room signage and patient bedside displays for healthcare, smart bus stop displays and digital seat tags for transportation, and digital seat tags for the payments sector. Includes a dynamic QR code display. These solutions are designed to provide a real-time, connected, and environmentally friendly alternative to traditional information display systems.
The pre-seed funding will enable SuperUs to further develop its technology, expand its team of experts, and accelerate its go-to-market strategy. The company plans to focus on strengthening its B2B and B2G services while exploring new applications for its innovative display solutions.
As businesses and cities increasingly seek sustainable and efficient ways to manage information displays, SuperUs is well-positioned to play a key role in shaping the future of display technology. SuperUs intends to make a lasting impact on the global display technology landscape by delivering solutions that enhance connectivity, improve operational efficiency, and contribute to sustainability goals.
About SuperUs
SuperUs is a leading innovator in smart display technology, specializing in energy-efficient and sustainable solutions across industries including retail, transportation, healthcare, workspace, and smart cities. SuperUs is committed to the ‘Make in India’ initiative and manufactures high-quality electronic devices at its 30,000 sq ft facility in Vapi, Gujarat with advanced hybrid production lines.
SuperUs offers a complete in-house technology ecosystem, offering products that are locally designed, developed and manufactured to meet global standards. Focusing on cutting-edge e-paper displays such as electronic shelf labels (ESL), dynamic QR codes, and a variety of signage for multiple use cases, SuperUs helps companies improve their operations through smart and adaptable display technology solutions. We help you optimize, improve customer experience, and drive sustainability. . For more information, please visit superussystems.com.
Website: superussystems.com
Venture Catalysts (VCAT) is a pioneering startup development platform that empowers entrepreneurs by providing capital, expertise, and a robust network. VCAT focuses on democratizing angel investing, partnering with startups at various stages to help them scale and succeed through ongoing support and sector-specific insights. VCAT has a strong commitment to fostering India’s entrepreneurial ecosystem and aims to establish the world’s largest integrated incubator to foster innovation and drive economic growth across multiple sectors.
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