Insights Success The 30 Most Valuable Tech Companies Insights success November2016

Eigen Technologies:
The Next-Generation SENSEnuts IoT
Stack & Smart Lighting Platform Developers
EIGEN Technologies is one of
the very few and rare
companies which provides full
IoT hardware/software stack starting
from sensing, energy efficient wireless
connectivity, control firmware,
middleware & Cloud based Data
Analysis UI.
Unlike majority of the companies
which prefer using the readily
available Embedded OS & network
stack, EIGEN developed their own
light weight embedded OS which is
highly optimised and
responsive for common IoT
smart applications. They also
defined their own extremely
energy efficient SENSEnuts
wireless mesh protocol
based on IEEE 802.15.4
standard which is very
robust, reliable and performs
better in different
environments.
With research in latest
wireless networks & sensor
technologies for years,
EIGEN developed SENSEnuts IoT
Stack & Platform offering full IoT
hardware/software stack & platform,
which enables other companies &
application developers to launch their
own IoT based Smart applications
across industries & verticals.
Drivers at EIGEN
Sharad Shrivastav is the Director &
CEO of the EIGEN Technologies. He
18 | November 2016 |
holds B. Tech and MBA (Marketing)
with over 17 years of experience in
Technology industry involved in Sales
& Marketing of EDA/Simulation tools.
Somil Saxena is the Director and
keeps juggling between the roles of
COO & CFO handling company’s day
to day operations & managing
Financial Transactions. He did B. Tech
in Electronics and has experience of 15
years in industry starting from an
Application support engineer to
Managing support Team.
Pranav Tyagi is the Director & VP of
SENSEnuts IoT Business Vertical. He
is Electronics & Communication
Engineer with experience of 14 years
in Product & Business development of
cutting edge technology design &
simulation tools. Enjoys company of
wonderful team of outstanding
developers, keeps him on toes &
inspiring for new product introduction
& strategies.
Ankur Tyagi dons the hat of CTO and
leads the research & development of
IoT Stack & Product design. He is an
Electronics Engineering graduate with
over 8 years of research experience &
innovative approach, who delivers
impeccable technology architecture
design.
Iron Will that Broke the Stumbling
Blocks
When Eigen contemplated this option
way back in 2004, there was no startup
ecosystem in India, hardly
any VCs to back or fund
tech startups. As a young
startup, it was next to
impossible to find space in
established business value
chain and no recognition or
encouragement even from
government departments to
extend help or relaxed
eligibility to secure business
orders. In fact, banks too
were averse to lend any
loans or overdraft facility to
inexperienced entrepreneurs.
Still they believed & backed
themselves in trying time to survive
and convincing their prospects for
small piece of job works & free PoCs.
Gradually they succeeded in building a
strong team of bright & talented
engineers to deliver unique & high tech
solutions. Now with the help of team
and technology they have built over the
years, EIGEN started getting some
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