Assam Startup Impact Report
Assam Startup TrailBlazers
| Startup Name |
Olatus Systems |
| Founding Year |
2014 |
| Founders | Parash P Borthakur, Nilotpal Rabha |
| Business Category |
Technology & Engineering |
| Startup Stage |
Growth |
| Support Required from The Nest |
Mentoring, Industry Connection, Funding |
| Investment Required |
2, 00, 00, 000 |
| Type of Entity |
Pvt. Ltd. |
| Website | |
| Startup’s Objective |
Olatus Systems is dedicated to research and customized product development with Artificial Intelligence and Advance Robotics in the field of Electronics and IOT along with manufacturing consultation. |
| Market Need |
Security Solutions, Research and Development, Manufacturing, Availability of electronic components and supplies, Employment generation, Corporate Internships, Advance skill training, Industrial customized products, Electronic Hardware Design, PCB Designing andTechnology development. |
| Product/Service description |
Olatus Systems is engaged in R&D of Electronics (Hardware,IOT,Robotics and AI with Machine Learning), Customized Product Development, PCB and Hardware Designing and Manufacturing Consultation. |
| Customers/Users | 25 plus clients across India setting up Innovation labs at schools and colleges. The startup has installed customized alarm systems in factories and has undertaken R&D works for more than 100 clients. |
| Revenue Model |
Olatus Systems started with developing small projects for different clients and academicians. It has become a B2C as well as B2B online/offline trader across India and an online bestseller in the country. They started research and development of customized products for industries and individual clients and launched their first consumer product using the expertise. They have been providing manufacturing solutions to the clients. Sales of products are done via both online and offline channels. |
| Current Traction |
The startup has sold more than 200 pieces of their first consumer product, catering to more than 100 clients across India. They have provided educational and internship services to more than 1200 students and completed more than 500 projects since inception. Olatus Systems is currently working with academic professionals to improve and develop technology. |
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