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VIJAYGANTI.Ganti
The senior members at ineda have been my ex-colleagues at nvidia and portal ...
SoCtronics
WHY refer to any data?, ask any "vlsi engineer" if he/she/it is @ hyderabad, in ...
Indian fabless startup seeks engineers, money
Peter Clarke
6/27/2012 8:45 AM EDT
LONDON – Fabless mobile computing chip company Ineda Systems Pvt Ltd. (Hyderabad, India) is planning to raise $20 million over the next few months, according to local reports. The company is also busy recruiting hardware and software engineers.
The company, founded in 2010 by Balaji Kanigicherla, has 150 engineers and plans to add 50 more in the next six to eight months, a Business Standard report said, adding that Ineda plans to launch three products by 2013 aimed at smartphones, tablet computers, and laptop computers.
The use of the term platform implies that Ineda will bundle software, firmware and application processor SoC and equipment-level design together to provide OEM customers with a fast route to producing mobile computing devices.
Ineda claims to have a novel system architecture, working in FPGA prototype form, that can improve the power/performance metrics by an order of magnitude compared with existing system architectures. The company is reported to have a portfolio of 28 patents granted or pending.
LinkedIn listed Ineda engineers have IC design experience with such companies as Broadcom, NVidia, Soctronics, ST-Ericsson, Texas Instruments, Wipro and PortalPlayer. The company is looking for more engineers familiar with SoC synthesis, verification and physical design and software engineers that can write a BIOS and driver software for Windows, Linux and Android systems.
The Business Standard reported Kanigicherla, founder and CEO, as saying that Ineda is in discussion with potential investors including venture capitalists, private equity firms and individual investors but that it was looking to raise the money in the form of debt.
"Currently, the products are in the prototype stage. The manufacturing will be done by some semiconductor fab companies in Taiwan," the Business Standard report quoted Kanigicherla, as saying.
Related links and articles:
www.inedasystems.com
News articles:
India's Soctronics claims 28-nm design win
Virtual jobs fair offers engineers work in Singapore
Indian tablet for education project in fresh controversy
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wilber_xbox
6/27/2012 10:10 AM EDT
The inclusion of such report in EETimes only validates that Indian home grown chip companies are scarce, which is really disappointing given the Indians working in hardware and software divisions in MNCs. Kudos to Ineda systems.
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MikeSmith2011
6/27/2012 10:32 AM EDT
The smart-phone/tablet market is hot but it is a dog-eat-dog world with all the major semi players - samsung/ti/qualcomm going after it. Good to see a startup and at that - one in India go after this but this will have to be a really innovative technology for it to survive.
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chanj
6/27/2012 11:17 AM EDT
"Ineda claims to have a novel system architecture, ... that can improve the power/performance metrics by an order of magnitude compared with existing system architectures."
Depending on the order of magnitude, Ineda might very much have a chance. In addition to technological advancement, the market execution is crucial to the success of a company. If nothing changes, Indian market is big enough to sustain a couple more products. Question is how much Samsung, HTC, Apple, etc have penetrated into Indian market.
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peter.clarke
6/27/2012 11:38 AM EDT
achieving a decimal order of magnitude improvement in power efficiency sounds almost too good to be true.
I have aske for more information on that.
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peter.clarke
6/27/2012 5:26 PM EDT
Balaji Kanigicherla came back to me
Turns out the order of magnitude improvement is binary order of magnitude.
In an email he said: "Basically we are pursuing a heterogeneous hybrid compute system architecture
for maximum power/performance benefits and the order of magnitude improvement mentioned on our website is referring to binary."
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eewiz
6/27/2012 1:23 PM EDT
150 engineers in less than 2 years is unheard in semi startup space! Are we talking abt interns here? . 28 patents and I cant find any single one in a keyword search using their company name in www.google.com/patents . Dont they use the company name as patent assignee?
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peter.clarke
6/27/2012 5:27 PM EDT
Perhaps they don't.
There website talks about a patent-pending technology.
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SoCtronics
6/28/2012 12:46 PM EDT
SoCtronics is same as InedaSystems Private Limited. SoCtronics & Ineda together fleece young brains and more or less offer less than 10,000 INR and sell them for 20 mn $ wow. Should’ve been some cunning brain behind this.......... I'm surprised to not see a big Name here from the Semiconductor pirates of india.
Out of those 150 caimed engineers, I'm pretty sure 90+ should've been from SoCtronics who are underpaid for the quantity of services they might've kept in.
For Further Details for conformation you can check http://www.soctronics.com/accomplishments.html
and search for LOW POWER PORCESSOR in that page
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Sanjib.Acharya
6/29/2012 12:08 PM EDT
Did you refer any data regarding the salaries of the engineers working in Ineda? I don't think "less than 10,000 INR" is true figure. The engineers having similar profile will get 10 times more in other companies in India...why would they stick to Ineda?
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Socxxxxxx
7/1/2012 2:23 PM EDT
he is talking about salaries for Ineda contractors .ineda has almost 90+ contractors probably only startup in the world that has more contractors than regular employes.
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miselu
7/4/2012 11:36 AM EDT
True. Someofthe junior resources(vamshikrishna gajjela, valeswara rao dhuilipudi ) frm group of companies are working for our 'miselu neiro' project along with the software director of the ineda. They use ineda resources for their privare work.
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SoCtronics
7/11/2012 1:15 PM EDT
WHY refer to any data?, ask any "vlsi engineer" if he/she/it is @ hyderabad, in SoCtronics/GD micro, also if possible ask his/her/its number of year's of experience,
the reference data should be as follows:
0 to 0.5 : 1.2 lpa
0.5 to 1 : 1.5 lpa
1 to 2: 2.4 lpa
2 to 3: 4 lpa
3 to 4 : 6 lpa {very less ppl}
4 to 5 : 10 lpa {can count in fingers of a left hand, the number of ppl}
coming to question why stick back? well Hyderabad...
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SoCtronics
6/28/2012 12:45 PM EDT
SoCtronics is same as InedaSystems Private Limited. SoCtronics & Ineda together fleece young brains and more or less offer less than 10,000 INR and sell them for 20 mn $ wow. Should’ve been some cunning brain behind this.......... I'm surprised to not see a big Name here from the Semiconductor pirates of india.
Out of those 150 caimed engineers, I'm pretty sure 90+ should've been from SoCtronics who are underpaid for the quantity of services they might've kept in.
For Further Details for conformation you can check http://www.soctronics.com/accomplishments.html
and search for LOW POWER PORCESSOR in that page
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kinnar
6/28/2012 2:51 PM EDT
In India there is a lot of opportunity for companies who want to design new products and prototypes as India produces more than 0.4 Million Electronics engineers and roughly 90% of them remains unemployed so they can be best used if some company has mentoring ability to have a hold of them. This quality Ineda Systems will be surely having being an Indian Start-up.
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VIJAYGANTI.Ganti
7/23/2012 11:35 PM EDT
The senior members at ineda have been my ex-colleagues at nvidia and portal player companies that have built world class products using the efforts of them from the indian shores. There are also colleagues in ineda who worked later with AMD to launch some of the best AMD processors with their support to the global team.
My best wishes to the team at Ineda for the product they are planning to launch and may it be world changing!
Best,
Vijay Ganti
San Diego, U.S.A.
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