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Aditya Arora

ย โ€ขย 

Faad Networkย โ€ขย 2d

Left Qualcomm, no customers for two years, built an 11,800 CR company. 1. After completing his master's and PhD in Electrical Engineering from Stanford University, Avneesh Agrawal joined Qualcomm. He led the semiconductor and mobile communications space there for a decade and got the big news. ๐Ÿ‘‡๐Ÿป 2. He became the President of Qualcomm India and South Asia. Over four years, he was granted over 200 US patents for his work. During this time, he noticed something. ๐Ÿค” 3. India faced 4,64,674 road accidents and 1.5 lakh people lost their lives. He believed that computer vision and AI could change driver safety by making roads safer through real-time intelligence. After 15 years, He left his top job. โœ… 4. He started a company with his colleague, Julian, to solve the road safety problem in Bangalore. In August 2015, Netradyne was born. ๐Ÿš€ 5. The idea was simple โฉ Build a camera-first, vision-driven fleet safety solution with on-device (edge) AI. The flagship product - Driver. i, a rugged multi-lens dashcam that analysed 100% of drive time to identify risky and positive driving behaviours. He thought he had it, but he did not. ๐Ÿ‘‡๐Ÿป 6. Low latency for in-cab coaching, building training data pipelines was a challenge. Moreover, convincing fleet operators to try a camera that watched drivers was another. He had to find answers or else Netradyne would not lift off. ๐Ÿค” 7. He focused on anonymised analytics and Driver training programs to ensure in-cab positive reinforcement for good driving. Moreover, he split the team between the US and India to speed model training and hardware design. By 2016, it raised 108 CR led by Reliance. ๐Ÿ’ฐ 8. On 24th March 2017, Netradyne finally had its first commercial customer. It worked with Load One to make their drivers the safest and best-trained drivers on the road. And then customers kept coming - Stewart Transport, General Motors and Bryan Truck Line. By 2018, it raised 148 CR from Microsoft and Reliance. ๐Ÿ’ธ 9. With funds, Avneesh focused on dynamic 3D/HD mapping and packaged underwriting data for insurance companies. By 2021, it had grown to support over 1000 fleets, including Titan Freight Systems and Ace Endico and crossed 1 billion driving miles. In 2021, it raised 1120 CR from Softbank. ๐Ÿ“ˆ 10. As it launched Driver.i one, a professional-grade video telematics device in 2023 and scaled to 18 billion minutes with 3000 customers across US, Canada, Mexico, Germany, UK, Australia, New Zealand, India, the big moment came on 16th January 2025.๐Ÿ‘‡๐Ÿป 11. Netradyne raised 778 CR led by Point 72 Ventures at a valuation of 8328 CR. It became the first Indian unicorn of 2025. ๐Ÿฆ„ 11. Today, Netradyne has clocked over 25 billion minutes of driving data and safeguarded over 125 million drivers with an impeccable 99% accuracy of alerts. ๐Ÿ’ช โžก๏ธAvneesh Agarwal left his crores in salary at Qualcomm with no customers for two years to build an 11,800 CR company today. He is a man of true inspiration! ๐Ÿ™ hashtag#startups hashtag#india

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