Eternal Robotics Wins Maruti Suzuki Innovation Challenge at T-Hub for Advanced Robotics Solution
Business Wire India
Eternal Robotics, a leading robotics and AI startup based in Hyderabad, has been declared the winner of the first prize at the prestigious Maruti Suzuki Day @ T-Hub, standing out among 160+ startups for its breakthrough industrial automation solution, Hypervise.
The event, hosted jointly by Maruti Suzuki India Limited (MSIL) and T-Hub, was a full-day innovation showcase spotlighting startups developing next-gen technologies across mobility, clean energy, AI, and smart manufacturing. Out of 160 applications, 15 startups were shortlisted to pitch live to senior leadership from Maruti Suzuki and T-Hub.
Eternal Robotics was awarded the top cash prize of ₹5,00,000 for its proprietary platform Hypervise, which leverages AI-driven machine vision and robotics to optimize manufacturing, inspection, and safety operations. The win also grants the startup direct access to Maruti Suzuki's flagship innovation programs, opening doors to pilots, co-development projects, and commercialization opportunities with India's automotive leader.
'This recognition by Maruti Suzuki and T-Hub is a milestone for us. It validates our belief that AI and robotics can accelerate India's transition to smarter, safer, and more efficient manufacturing,' said Srikar Reddy, Co-Founder & CEO of Eternal Robotics. 'We look forward to collaborating with Maruti Suzuki to take our innovations to scale and contribute to the future of Indian mobility.' A Landmark Platform for Startup–Enterprise Collaboration
The event featured prominent speakers, including Dr. Tapan Sahoo , Executive Officer – Digital Enterprise, Information and Cybersecurity at Maruti Suzuki, who outlined the company's vision for mobility-led innovation. Kavikrut , CEO of T-Hub, emphasized the power of co-creation in building scalable, tech-led solutions for the Indian market.
The jury recognized Eternal Robotics for its real-world industrial use cases and product readiness. The startup's Hypervise platform aligns with key industry needs such as factory automation, predictive maintenance, and computer vision-driven quality control — all areas of increasing focus for automakers. Powering the Future of Smart Manufacturing
With this win, Eternal Robotics joins the select group of startups collaborating directly with Maruti Suzuki through its open innovation platforms, like: Maruti Suzuki Nurture
Maruti Suzuki Accelerator
Maruti Suzuki Mobility Challenge
Maruti Suzuki Innovation Fund
Eternal Robotics has already deployed Hypervise across multiple industrial environments, helping manufacturers improve productivity, enhance safety, and reduce defect rates.
To explore partnership or learn more , visit: eternalrobotics.com
Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same.
Ahmedabad Plane Crash
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
PBOC Moves to Stabilize Yuan With Fixing After Dollar Rally
(Bloomberg) -- China's central bank stepped in to stabilize the yuan with its daily reference rate, after the currency dropped to a two-month low in response to the dollar's surge. The World's Data Center Capital Has Residents Surrounded An Abandoned Art-Deco Landmark in Buffalo Awaits Revival Budapest's Most Historic Site Gets a Controversial Rebuild San Francisco in Talks With Vanderbilt for Downtown Campus We Should All Be Biking Along the Beach The People's Bank of China set the yuan's reference rate around 7.15 per dollar on Thursday, diverging from analyst estimates by the most since late April. The move signals a show of support for the currency which fell after the dollar rallied to its strongest level in two months. The central bank is renewing its support for the currency as the dollar's rise gains momentum following trade deals favoring the US and as the Federal Reserve signals patience on rate cuts. The PBOC had largely refrained from boosting the yuan in May and June as the currency was on a rising trajectory. The fixing 'will help to limit yuan weakness today,' said Khoon Goh, head of Asia research at Australia & New Zealand Banking Group. 'Authorities do not want too much volatility in the currency' and are opting to cap the fix around 7.15 despite the strong dollar rally. The offshore yuan gained 0.2% to 7.1993 per dollar on Thursday, after falling as low as 7.2146 Wednesday, the weakest since early June. The yuan, along with the Singapore dollar, remained resilient on Thursday, while other regional peers fell under the weight of the greenback's overnight gains. Monetary authorities in Indonesia and Hong Kong also stepped into the market to defend their respective currencies on Thursday. For the PBOC, defending the yuan against sharp depreciation remains paramount as it negotiates a trade deal with the US. China's central bank official said earlier this month that the nation didn't seek any competitive edge from yuan depreciation. The recent revival of the greenback, which has already triggered hedge funds to unwind short dollar bets, is set to test the confidence of yuan bulls. A few Wall Street names including Morgan Stanley, UBS Global Wealth Management and Deutsche Bank AG had forecast the yuan would climb 7.1 or lower in their research notes this month. Angst over US tariffs has added to the dollar's strength and dragged down currencies including the euro and Indian rupee. That's before Bloomberg's dollar gauge jumped on Wednesday as Fed Chair Jerome Powell said that there is no decision on a September move and traders dialed back bets on rate cuts this year. Markets were caught wrong-footed on the dollar when Powell sounded more hawkish than expected, said Fiona Lim, a senior strategist at Malayan Banking Bhd. 'The PBOC is using the fix to stabilize the yuan, keeping to its stance of ensuring currency stability, whilst still allowing the broader market forces to determine its direction' --With assistance from Ran Li. (Updates with details on other central bank interventions in 6th paragraph.) Russia Builds a New Web Around Kremlin's Handpicked Super App Burning Man Is Burning Through Cash Everyone Loves to Hate Wind Power. Scotland Found a Way to Make It Pay Off It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Cage-Free Eggs Are Booming in the US, Despite Cost and Trump's Efforts ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
38 minutes ago
- Yahoo
T-Mobile US, Inc. (TMUS): 'It Was A Beautiful Quarter,' Says Jim Cramer
We recently published . T-Mobile US, Inc. (NASDAQ:TMUS) is one of the stocks Jim Cramer recently discussed. T-Mobile US, Inc. (NASDAQ:TMUS) is one of three major American telecommunications carriers. When compared to its peers, it is Cramer's favored stock in the sector. T-Mobile US, Inc. (NASDAQ:TMUS)'s shares have gained 8.7% year-to-date and jumped by 5.8% in July after the firm's latest earnings report. Investors piled into the stock as the results saw the firm report robust subscriber figures, such as 830,000 postpaid additions, which smashed analyst estimates of 700,300 out of the park. Cramer discussed the quarter: 'Sievert's quarter, T-Mobile, the exact opposite of Charter. It was a beautiful quarter. I like Mike, he's very boisterous, But that was just, right out of the park. That was 450, right in the centerfield. Fantastic work by Mike, and a lot of it was share, but fixed wireless is just. . .it's unlimited.' Copyright: dolgachov / 123RF Stock Photo Here are Cramer's previous thoughts about T-Mobile US, Inc. (NASDAQ:TMUS): 'That was a nice quarter. While we acknowledge the potential of TMUS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
38 minutes ago
- Yahoo
Roblox Q2 Earnings Beat Sends Leveraged RBLU Soaring
Roblox Corp.'s (RBLX) strong second-quarter earnings drove a 23.7% surge in the T-REX 2X Long RBLX Daily Target ETF (RBLU) Thursday, with the gaming platform also held as a major position in gaming and Web3 funds. Roblox reported $1.4 billion in net bookings, up 51% year over year, beating analyst expectations of $1.2 billion, according to CNBC reporting. Daily active users reached 111.8 million, up 41% year over year, while hours engaged jumped 58% to 27.4 billion. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA Roblox's presence across multiple fund strategies reflects the company's evolution beyond traditional gaming, with CEO David Baszucki targeting 10% of the global gaming content market through investments in infrastructure, discovery and virtual economy development, according to CNBC. RBLU aims for 200% of Roblox's daily price movements through swap agreements and has posted a 330.1% year-to-date return since launching March 4, according to FactSet. The leveraged fund has attracted $3.4 million in net flows with $6.3 million in assets under management and a 1.05% expense ratio. Gaming and Web3 Funds See Earnings Boost The Roundhill Video Games ETF (NERD) holds Roblox as its third-largest position at 9%, behind Nintendo Co. (NTDOY) at 12.4% and AppLovin Corp. (APP) at 11.3%, according to FactSet. The fund tracks a modified market-cap-weighted index of globally listed video game and eSports companies. NERD has posted a nearly 28% year-to-date return with $24.6 million in assets under management and a 0.5% expense ratio, according to FactSet. The ETF experienced net outflows of around $379,000 year to date despite positive three-month inflows of about $665,000. Roblox also ranks as the second-largest holding in the Bitwise Web3 ETF (BWEB) at just over 9%, trailing only Coinbase Global Inc. (COIN) at 10.4%, according to FactSet. The fund provides exposure to Web3 technologies through companies positioned to benefit from decentralized finance, infrastructure, creator economy, metaverse and governance themes. BWEB has generated a 28.9% year-to-date return with $4.5 million in assets under management and a 0.85% expense ratio, according to FactSet data. The Web3-focused fund has attracted inflows of about $5,000 year to date. RBLX & Gaming ETF Comparison Fund T-REX 2X Long RBLX Daily Target ETF (RBLU) Roundhill Video Games ETF (NERD) Bitwise Web3 ETF (BWEB) Issuer Tuttle Capital Management Roundhill Investments Bitwise Asset Management AUM $6.3M $24.6M $4.5M Expense Ratio 1.05% 0.5% 0.85% 1 Month Performance 70.6% -5.3% 6.3% Year-to-Date Performance 330.1% 28% 28.9% Source: & FactSet Data Roblox raised its booking guidance for the third quarter to between $1.59 billion and $1.64 billion, compared to FactSet expectations of $1.42 billion, according to CNBC. The company reported a net loss of $279.4 million, or 41 cents per share, compared to a loss of $205.9 million, or 32 cents per share, in the same quarter last year. The platform recently rolled out age verification tools to address regulatory pressure on gaming companies to improve safety for younger users, according to CNBC. Chief Safety Officer Matt Kaufman said the tools will help create more mature content opportunities to retain teens and adults on the | © Copyright 2025 All rights reserved Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
