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GMR Innovex

GMR Innovex is the innovation arm of GMR Group, based in Hyderabad, India, focusing on open innovation and collaboration with startups and academic institutions to develop tech-led solutions across various sectors, particularly in aviation and infrastructure.

Founded
2021
Recorded stages
Friends Family, Angel, Accelerator, Pre Seed, Seed, Seed Plus, Series A, Series A Plus, Series B, Series B Plus, Series C, Series C Plus, Series D, Series E, Series F, Growth Equity
Recorded regions
Asia

Online destinations

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Overview

GMR Innovex, established in 2021, serves as the innovation arm of GMR Group, promoting a culture of open innovation. It connects startups, academic institutions, and ecosystem partners to co-create advanced solutions, particularly in sectors like airports, energy, and transportation. GMR Innovex focuses on technologies such as Video Analytics, Blockchain, Drone Technology, and IoT, providing investment opportunities through Corporate Venture Capital and supporting startups with mentoring and resources.

Focus

GMR Innovex focuses on a diverse range of technologies relevant to the airport sector, including Video Analytics, Machine Vision, Blockchain, Drone Technology, Smart Tagging, Contactless Technology, Robotic Process Automation (RPA), Electric Vehicles (EV), Autonomous Systems, Augmented Reality/Virtual Reality (AR/VR), and the Internet of Things (IoT). It provides investment opportunities through Corporate Venture Capital and supports startups with mentoring, resources, and proof of concept initiatives.

Support

GMR Innovex adds value to portfolio companies by providing access to GMR's extensive airport ecosystem, mentoring from subject matter experts, opportunities for proof of concept participation, and potential funding through Corporate Venture Capital. The organization emphasizes practical market access and co-creation of solutions tailored to the aviation and infrastructure sectors.

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