Powai Labs, one of the most successful companies launched out of our campus formally launched its globally competitive product called IMAGE (I Made A Great Emulator) on March 30, 2007.

Join  “ and the Philippines have sent in their submissions to qualify” and “for the award. At Red Herring Asia 2006, both the finalists and winners of the Top 100 will showcase their uniqueness and business potential”.

[Read Full Story]

Dr. Madhav Desai is a reticent man. He has been thinking about a way to speed up the testing of microchips. If successful, it will be an answer to a fundamental problem chip manufactures face: designing the chips cheaply and quickly. Most chips take around a year to design, and speeding up the process will help companies introduce better features more quickly

[Read Full Story]

Powai Labs was selected to make presentation and a demonstration to Shri. Kapil Sibal, Honorable Minister for Science & Technology and Shri. Montek Singh Ahluwalia, Honorable Deputy Chairman, Planning Commission. Powai Labs as the pioneer in high technology space and the next big thing coming out of India, made the presentation to an august gathering on National Technology Day, held on 11th May’2006 at New Delhi. Powai Labs was one of the few companies selected for this distinguished honor.

Bangalore: Following its success in the domestic market, IIT-Bombay incubated Powai Labs is set to go global. It is setting up an office in the Bay Area (US).

http://epaperdaily.timesofindia.com/Repository/ml.asp?Ref=
VE9JQkcvMjAwNi8wMy8yMCNBcjAxNzAy&Mode=HTML&Locale=english-skin-custom

Powai Labs is committed to improve high technology ecosystem in India. And being from Maharashtra, Powai Labs is working closely with State Government to give major thrust to technology ecosystem in State.

Powai Labs is being wooed by different foreign countries to set-up a base in their country. Singapore, UK Trade & Investment officials have been calling on Powai Labs at Mumbai.

[Read Full Story]

“In a large corporation, you see a frictionless process and practices running smoothly and this is what any entrepreneur would like to absorb in his venture. We at Powai Labs are constantly working towards this,” keenly admits Tikoo.

A Star for the Future; IIT Bombay backed Powai Labs' claims to have a sound technology and business model.

Three of the top five silicon design companies have already validated our products-in fact, two of them in the US and one in Europe are already our clients. There is no doubt that we are on the verge of becoming a significant global player”.
-Reapan Tikoo, CEO, Powai Labs

Powai Labs’ has become the first chip verification tool company from India. It is a campus grown successful enterprise, focused on innovation in the electronics design automation (EDA) space. It got incubated as a company within the business incubation centre at IIT Bombay through SINE (Society for Innovation & Entrepreneurship) which also holds shares in Powai Labs.

http://www.planetpowai.com/news/0104200703.htm

Powai Labs Technology Limited, a company incubated within the business centre at the Indian Institute of Technology Bombay (IITB), launched its globally competitive product, IMAGE (I Made A Great Emulator) at the institute on Friday.

[Read Full Story]

Powai Labs is looking at setting-up the research centre at Goa. Top executives have visited Goa and are looking at the feasibility of setting-up the centre.

"You must be either insane or widely passionate about your idea to start your own company”. Reapan Tikoo was quite sure that start-ups fared well, if and only if run with a missionary zeal of a monk or with a chaotic frenzy of insanity."

Powai Labs: global leader in the making

Incubated in the crucible of innovation—IIT KReSIT—Powai Labs could be a disruptive force in the high-entry barrier EDA space.

Another graduate who refused the blandishments of the corporate world is Reapan Tikoo, co-founder of Powai Labs

Another graduate who refused the blandishments of the corporate world is Reapan Tikoo, co-founder of Powai Labs, a startup that builds simulation accelerators for the electronic design automation industry. Tikoo, who earned his degree from IIT, was offered a high-paying job as a production executive in the entertainment industry. He opted instead to convert the business plan he wrote for his degree into a real-life enterprise.

Powai Labs' Tikoo sums up the attitude of IIT Bombay's entrepreneurs when he says, "There was a time when India did exports through cheap labor, but that time has gone. You cannot build an Infosys today with any amount of capital. The next ten years will belong to technology R&D based product companies out of India."

Tikoo adds that 20 years ago, the United States was the place to be for technological entrepreneurs. But now, he says, growth and investments are happening in India . "This is where the action is. It would be foolish to miss this opportunity by being out of India."

Powai Labs, a research company in the Electronics Design Automation space being incubated at IITB. Powai hasn't been funded yet, but has sustained itself with client orders. With products like simulation accelerators, emulators, signal visibility tool for FPGAs, among others, Powai is working with the top silicon design companies globally.

The company began when IITB's prof Madhav Desai, an microelectronics expert, teamed up with ex-student Reapan Tikoo.

Powai Labs, a research company in the Electronics Design Automation space being incubated at IITB. Powai hasn't been funded yet, but has sustained itself with client orders. With products like simulation accelerators, emulators, signal visibility tool for FPGAs, among others, Powai is working with the top silicon design companies globally.

The company began when IITB's prof Madhav Desai, an microelectronics expert, teamed up with ex-student Reapan Tikoo.

How many chances would you give a small Indian company competing against giants in the chip design verification market? One would say not too many. But if you look at the passion, energy level and technology of Powai Labs, you would come back believing that this company has the potential to beat the best in the world...

In a nation and industry that's focused on IT services you hardly hear of companies that dare to be different from the crowd.

Reapan Tikoo, the CEO of Powai Labs, studied at IITB and assembled a team of world class scientists and engineers to form this firm. This newest member of the incubator was selected after a meticulous review of over 200 business plans received by the KReSIT this year.

“The idea, research and product were nearly finished even before we moved into the incubator in April 2002. We will get our funding in the next two months and then move out,” says Tikoo, whose confidence is hardly misplaced considering that just last month he gave a slew of presentations to the bigwigs of the semiconductor industry, including the worldwide head of a European electronics giant.

Powai Labs is involved in cutting edge innovation in the field of VLSI technology. Provisional patents are already being filed in the US and Tikoo believes that his team has what it takes to give the major players in the field a run for their money.

Tikoo of Powai Labs who is full of praise for the scientific prowess of his team.

Tikoo deftly handles sales and marketing. The company, which is developing hardware accelerators to verify large scale design in VLSI (very large scale integrators), was incubated in April this year. But work has been going on for over three years now. ‘‘We see ourselves going global in five years. We are catering to the domestic market at present but already have some orders in the pipeline from international clients. With our price advantage based on innovative technology rather than cheap labour, we are 10 times cheaper than currently available systems,'' says Tikoo.

Powai Labs, India's first indigenous EDA company, which incubated from the Indian Institute of Technology, Bombay (IITB), and which has just released its new field-programmable gate array (FPGA)-based simulator accelerator, IMAGE, claimed to be five times cheaper than the equivalent "international" tool.

http://techon.nikkeibp.co.jp/article/HONSHI/20070425/131663/

For many IITians today, the biggest turn-on is not that blue-chip job offer, but the prospect of striking out on their own… there is Powai Lab Technology Pvt. Ltd that focuses on innovation in electronics design automation (EDA) space. It aims at improving the working conditions of design engineers.

Indien will seine besten Köpfe im Land halten Indien will seine besten Köpfe im Land halten

Reapan Tikoo, Mitgründer von Powai Labs, hat Indien ebenfalls nicht verlassen, um in der internationalen Konzerwelt Karriere zu machener baut in der Heimat Simulatoren im Bereich Elektronikdesign. Tikoo, der einen IIT-Master-Abschluss in Management hat, war zuvor ein hoch bezahlter Job als Produktionsleiter in der Unterhaltungsindustrie angeboten worden. Stattdessen machte er aus dem Businessplan, den er für seine Diplomarbeit geschrieben hatte, eine echte Firma.

Tikoo von Powai Labs meint, dass bereits das Ende der Zeit gekommen sei, in der Indien seine Exporte durch billige Arbeitskräfte finanzierte. "Man kann keine Infosys ohne Kapital aufbauen. Die nächsten zehn Jahre gehören Firmen, die mittels Forschung und Technologie Produkte in Indien herstellen." Vor 20 Jahren sei Amerika das Land für Unternehmer im Technologiebereich gewesen, heute fänden Wachstum und Investitionen in Indien statt. "Hier passierts. Es wäre dumm, diese Möglichkeit zu verpassen, indem man Indien verlässt."