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Tag: Oakter

  • Oakter launches smart meter for efficient energy management

    Oakter launches smart meter for efficient energy management

    Mumbai: Oakter, a leading provider of innovative consumer electronics has announced the launch of OAKMETER, a state-of-the-art Smart Energy Meter designed to revolutionize energy consumption management.

    Unlike traditional meters, Oakter’s Smart Meter employs advanced technologies such as Advanced Metering Infrastructure, real-time data analytics, and Internet of Things (IoT) capabilities. This enables two-way communication with the utility’s server via internet connectivity, facilitating seamless detection of tampering, real-time data transmission at intervals as frequent as every 15 or 30 minutes, outage identification and visibility of energy consumption on mobile devices. These features result in reduced manual intervention, increased operational efficiency, minimized error, and substantial cost savings for both consumers and utilities.

    Commenting on the idea behind making this Smart Meter, Oakter  CEO Shishir Gupta commented, “Sustainable energy is a primary need for our planet in current times. While India’s current capacity to produce more electricity than total demand is a positive development, coupled with the increasing deployment of renewable energy, there is still progress to be made. The big issue right now is losses in distribution, which can be attributed to power thefts, corruption, and inefficient infrastructure. Smart Meters are the solution to this problem by providing real-time visibility of distribution and consumption across the country. Hence the Indian government has launched the Revamped Distribution Sector Scheme (RDSS) to replace all energy meters with smart energy meters. Oakter’s competence in development and manufacturing of smart IoT devices is perfectly suited to manufacture high-quality smart energy meters in large quantities. Therefore, we have set up a manufacturing unit to produce 10 Lakh Smart Energy Meters per Month. We have made these investments and built these capacities to support the government initiative and mandate given to private industry.”

    Oakter’s Smart Meters have undergone rigorous testing in the company’s NABL-certified lab to ensure peak functionality, surpassing the accuracy of traditional Class 1 meters. Designed to meet the specifications of all utilities across the country, these meters leverage Oakter’s expertise in deploying over two crore IoT devices in the market. With 4G connectivity, low latency, and optimized communication protocols, Oakter has set a new standard in smart meter technology.

    OAKMETER is a high-quality Smart Meter that meets stringent quality standards, including BIS (ISI Mark as per IS16444 standard), CE Certified, RoHS, CBIP 325 Certified for Tamper Protection, CMMI level three certified, and ISO compliant.

    OAKMETER is a business-to-business (B2B) product supplied directly to utilities, with Oakter providing a 10-year warranty on all products. The typical contract for Smart Meters includes installation, support, and finance based on the DBFOOT (Design-Build Finance-Own-Operate-Transfer) Model, with contracts awarded at INR 8K to 10K per meter. With the launch of this product, Oakter reinforces its commitment to revolutionizing the consumer electronics space, offering a diverse range of products tailored for the Indian market. 

  • RIOT LABZ redefining the Indian electronics landscape

    RIOT LABZ redefining the Indian electronics landscape

    Mumbai: RIOT LABZ is an Indian Electronic Contract Manufacturing and design company founded in 2015 by visionary minds from IIT Delhi. Specializing in IoT, Consumer Electronics, and Smart Home Automation, RIOT LABZ stands as a beacon of innovation and engineering excellence. With a focus on top-quality products, they offer rapid prototyping, customized hardware configurations, and efficient firmware development. Their state-of-the-art factories ensure precision and adherence to quality standards.

    RIOT LABZ has achieved significant milestones, including partnerships with industry giants like Amazon and Paytm, and has a diverse clientele including leading brands such as Google and Sony.

    Through their subsidiary brand, Oakter, RIOT LABZ empowers homes with a range of innovative IoT solutions, catering to modern lifestyles with products like the Mini UPS and induction cooktops. With a commitment to excellence and customer satisfaction, RIOT LABZ continues to push boundaries and innovate for a brighter future.

    Indiantelevision caught up with Riot Labz CEO Shishir Gupta highlights its defining characteristics, product offerings, growth trajectory since its inception in 2015, adaptation to market demands and technological advancements, as well as strategic partnerships that have contributed to its expansion.

    Edited Excerpts

    On the model of RIOT LABZ as a brand in the Indian electronics industry, and setting itself apart from competitors

    RIOT LABZ stands out in the Indian electronics industry through its emphasis on innovation, engineering excellence, and a customer-centric approach. By collaborating with industry giants like Amazon Alexa and Paytm, we continually introduce cutting-edge solutions to the market, showcasing our commitment to pushing boundaries. Our rigorous product development process ensures that each offering meets the highest quality standards and exceeds customer expectations, supported by 24/7 after-sales service. With a diverse product portfolio spanning IoT, Consumer Electronics, EV Charge Points, Payment Solution Devices, Sound & Audio, and Smart Home Automation, we cater to a wide range of consumer needs, positioning ourselves as a comprehensive solution provider. Furthermore, our commitment to sustainability and responsibility, evident in our eco-friendly practices and ethical business conduct, further distinguishes us from competitors, resonating with environmentally conscious consumers and reinforcing our leadership in the industry. Importantly, we have reduced rejection rates from the industry standard of 5 per cent to an impressive 1 per cent, with an average lead time for design of 6 months, remarkably shorter than the industry standard of 9 to 12 months. This highlights our commitment to efficiency and quality in every aspect of our operations, ensuring timely delivery of high-quality products to meet customer demands.

    On the offerings that RIOT LABZ provides across its various product categories and catering to the needs of consumers in different sectors

    At Riot Labz, our comprehensive range of solutions spans Original Design Manufacturing (ODM), Electronics Manufacturing Services (EMS), and consumer IoT products under the Oakter brand. As an ODM company, we manage end-to-end development for new products, primarily for OEM demands, while in EMS, we provide manufacturing, testing, and repair services based on OEM designs. Our Oakter brand offers consumer IoT products like Mini UPS, induction cooktops, and Smart Plugs, primarily online. Serving both B2B and B2C models, our offerings are meticulously crafted to meet diverse consumer needs. For instance, our IoT products enable remote monitoring and control, enhancing energy efficiency and convenience. Likewise, our Consumer Electronics lineup seamlessly integrates into modern lifestyles, offering enhanced functionality. Additionally, our Payment Solution Devices empower small businesses with flexible payment options, driving convenience and accessibility. With our diverse portfolio, we strive to deliver cost-effective innovative solutions that elevate the ease of living and promote sustainable growth.

    On RIOT LABZ’s growth since its inception in 2015

    Since our inception in 2015, RIOT LABZ has experienced remarkable growth, marked by key milestones that propelled us to the forefront of the industry. In 2016, we inaugurated our in-house electronics manufacturing facility, swiftly ascending to dominance in the Smart Plugs segment. The subsequent year marked a significant milestone as RIOT LABZ became the smart-home launch partner for Amazon Alexa in India. In 2019, our first B2B collaborations with renowned brands like Sony Bravia further solidified our market presence. In 2020, we forged a strategic partnership with the Indian Defense Research and Development Organization (DRDO), laying the groundwork for innovation in defence electronics. Most recently, in 2023, our recognition among 27 esteemed companies for the prestigious PLI 2.0 scheme further validates our commitment to excellence. Notably, our deal with Paytm, leading to the development of Paytm Soundbox, has been groundbreaking for Indian merchants. The device has seen rapid adoption across the country and played a vital role in empowering small and micro-businesses in India. It supports multiple languages such as English, Hindi, Tamil, Telugu, Kannada, Marathi, Malayalam, Bengali, Gujarati, Punjabi, and Odia. With Paytm Soundbox, RIOT LABZ provides flexibility and convenience to merchants with support for multiple payment methods such as Paytm Wallet, Postpaid, Paytm UPI, and other BHIM UPI apps, net banking, and cards.

    On RIOT LABZ adapting its offerings to meet changing market demands and technological advancements

    At RIOT LABZ we have continuously adapted our offerings to meet evolving market demands and technological advancements. Through regular market research and feedback mechanisms, we stay attuned to shifting consumer preferences and emerging trends. This allows us to proactively adjust our product portfolio and development strategies to address new market needs. Additionally, our agile development processes enable rapid iteration and deployment of new features and technologies, ensuring that our products remain competitive and relevant in the fast-paced fluctuating technological market. Moreover, our strategic partnerships with leading technology firms and industry experts provide valuable insights and access to cutting-edge technologies, enabling us to stay ahead of the curve and deliver innovative solutions in a timely manner that exceed customer expectations.

    On strategic partnerships or collaborations that have played a significant role in the growth and expansion of the RIOT LABZ brand

    Over the years, we have strategically leveraged many partnerships to fuel our growth and expansion in the market. One notable partnership we established was with Amazon Alexa, where RIOT LABZ became the smart-home launch partner for Amazon Alexa in India. This collaboration to a great extent boosted our visibility and credibility in the smart home automation sector, allowing us to leverage Amazon’s extensive customer base and distribution network. Additionally, our partnership with the Indian Defense Research and Development Organization (DRDO) has been instrumental in providing us with new opportunities to explore and develop cutting-edge technologies for defence applications. Furthermore, our collaboration with Paytm resulted in the development of Paytm Soundbox, which has been groundbreaking for Indian merchants, empowering small and micro-businesses with flexible payment options and multilingual support. Although we’ve had numerous other tie-ups with industry giants, these very strategic partnerships have particularly played an important role in elevating our market presence, fostering innovation, and ultimately fueling our growth and expansion journey.

  • Plug & play startup hops on Amazon Launchpad; expects 10,000 customers

    Plug & play startup hops on Amazon Launchpad; expects 10,000 customers

    MUMBAI: Oakter, a Noida based tech startup, has been chosen by Amazon Launchpad platform in India. Oakter will be amongst the select group companies for which its products will be showcased to millions of Amazon customers. The two-year old company designs and manufactures plug & play smart home products. The Launchpad is already available in the US, UK, China, Germany, France, and Mexico.

    Oakter was chosen since its IOT based products are innovative, completely made in India and designed to solve the needs of Indian consumers. “We have been selling on Amazon for about six months and we have realized that Amazon is extremely careful with regard to customer experience. We also feel we were selected since our product has been receiving overwhelmingly positive response with regard to delight it provides to our customers,” said Oakter CEO Sishir Gupta.

    The deal with Amazon will help Oakter to scale up their production, ensure timely deliveries, ensure product quality and customer experience. The tech company did not apply to get on board of the e-commerce giant but were approached by Amazon. “Amazon approached us and asked us if we would be interested. We said, hell yeah! It was very professional and structured process. It took us about three weeks to finalize everything. Amazon will help us reach more of its millions of customers. This is a moment of pride for us. The Amazon Launchpad Programme is a great opportunity for us to showcase our innovation,” asserted Gupta.

    The Amazon Launchpad Programme is a globally distinctive program that showcases innovative products from startups to millions of Amazon customers across the globe. The Indian startups are given can reach out to 300 million users around the world and make a name for themselves. The main focus of this program is that it gives these startups a chance to launch their products on Amazon.

    In this manner, these products and the respective companies get good exposure and this programme also acts as a powerful avenue for future opportunities. The program offers a streamlined onboarding experience, custom product pages, a comprehensive marketing package, and access to Amazon’s global fulfillment network, all geared toward helping startups successfully launch their innovations and share their stories. With Amazon Launchpad, startups can overcome many of the challenges associated with launching new products by using Amazon’s retail expertise and infrastructure to create awareness and drive sales.

    “The deal is very timely for us, just at the time when we are ready to scale up and expand to large customer base, Launchapd has come to help us out. We hope to reach 10,000 customers in next 3 to 6 months,” added Gupta.

    A year and a half ago, Amazon had introduced this Programme in U.S after which it was launched in other western countries. Amazon has recently launched the same in India. India is the seventh location around the world where amazon has introduced the Launchpad.

    The store, which can be found on Amazon.in, features over 400 innovative products ranging across categories like wearable technology, health monitoring, food and beverages, educational toys, and others.

  • Plug & play startup hops on Amazon Launchpad; expects 10,000 customers

    Plug & play startup hops on Amazon Launchpad; expects 10,000 customers

    MUMBAI: Oakter, a Noida based tech startup, has been chosen by Amazon Launchpad platform in India. Oakter will be amongst the select group companies for which its products will be showcased to millions of Amazon customers. The two-year old company designs and manufactures plug & play smart home products. The Launchpad is already available in the US, UK, China, Germany, France, and Mexico.

    Oakter was chosen since its IOT based products are innovative, completely made in India and designed to solve the needs of Indian consumers. “We have been selling on Amazon for about six months and we have realized that Amazon is extremely careful with regard to customer experience. We also feel we were selected since our product has been receiving overwhelmingly positive response with regard to delight it provides to our customers,” said Oakter CEO Sishir Gupta.

    The deal with Amazon will help Oakter to scale up their production, ensure timely deliveries, ensure product quality and customer experience. The tech company did not apply to get on board of the e-commerce giant but were approached by Amazon. “Amazon approached us and asked us if we would be interested. We said, hell yeah! It was very professional and structured process. It took us about three weeks to finalize everything. Amazon will help us reach more of its millions of customers. This is a moment of pride for us. The Amazon Launchpad Programme is a great opportunity for us to showcase our innovation,” asserted Gupta.

    The Amazon Launchpad Programme is a globally distinctive program that showcases innovative products from startups to millions of Amazon customers across the globe. The Indian startups are given can reach out to 300 million users around the world and make a name for themselves. The main focus of this program is that it gives these startups a chance to launch their products on Amazon.

    In this manner, these products and the respective companies get good exposure and this programme also acts as a powerful avenue for future opportunities. The program offers a streamlined onboarding experience, custom product pages, a comprehensive marketing package, and access to Amazon’s global fulfillment network, all geared toward helping startups successfully launch their innovations and share their stories. With Amazon Launchpad, startups can overcome many of the challenges associated with launching new products by using Amazon’s retail expertise and infrastructure to create awareness and drive sales.

    “The deal is very timely for us, just at the time when we are ready to scale up and expand to large customer base, Launchapd has come to help us out. We hope to reach 10,000 customers in next 3 to 6 months,” added Gupta.

    A year and a half ago, Amazon had introduced this Programme in U.S after which it was launched in other western countries. Amazon has recently launched the same in India. India is the seventh location around the world where amazon has introduced the Launchpad.

    The store, which can be found on Amazon.in, features over 400 innovative products ranging across categories like wearable technology, health monitoring, food and beverages, educational toys, and others.