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KPIT Technologies

Plot Number-17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Hinjawadi, Pune, Maharashtra, 411057, India

Overview

KPIT is a global technology company with software solutions to help mobility leapfrog towards an autonomous, clean, smart and connected future. With 6000+ Automobelievers across the globe, specializing in embedded software, AI & Digital solutions, KPIT enables customers accelerate the implementation of next-generation mobility technologies.

Total investments
1
Lead investments
1
Investments · 12mo
0
Active investors
9

Sector focus

  • Artificial Intelligence (AI)
  • Automotive
  • Product Design
  • Software
  • Software Engineering
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Investment portfolio

  • N-Dream AG (AirConsole)

    Led · Equity · Dec 2023

    N-Dream develops AirConsole, a cloud OTA in-car game aggregation platform that runs casual games inside vehicles, using smartphones as controllers and integrating with car displays, sound and interior lighting. The company emphasizes onboard execution rather than cloud streaming to avoid heavy mobile bandwidth requirements. AirConsole offers over 180 games and reports over 16 million players connected on 300 million TVs and set-top boxes worldwide, with some PC/Mac usage via a web portal. Revenues grew from CHF 0.784 million in 2020 and CHF 0.865 million in 2021 to CHF 1.99 million as of December 2022. N-Dream has partnered with BMW (extended to MINI) and is working with Sony Pictures Entertainment on a Who Wants To Be A Millionaire title slated for 2024. Following a successful BMW launch, the company has shifted focus toward the automotive industry to scale its in-car gaming offering. AirConsole provides a browser-based platform that turns any laptop or AndroidTV into a video game console with smartphones serving as gamepads, requiring no downloads or extra hardware. Over four years the platform attracted a community of 5 million players and supported more than 150 games developed by 4,000+ developers. In 2019 players from over 180 countries logged more than 1 million hours of play on airconsole.com. The company says it solved cross-device latency with an ultra-low latency input mechanism that makes reactions in fast games effectively instant. AirConsole plans to expand its content library to AndroidTV and pursue partnerships with TV operators and manufacturers to pre-install or distribute the service. The team aims to bring AirConsole to every home with a TV and is initially targeting AndroidTV set-top boxes, citing Swisscom’s pre-installation on 1.5 million SwisscomTV boxes as an early distribution win. AirConsole is a virtual gaming console that uses a PC, Mac, SmartTV or tablet as the screen and smartphones as adaptive gamepads; smartphones automatically adapt to each game's control scheme. Players only need a big screen and a smartphone, and all devices must be connected to the internet (not necessarily the same Wi‑Fi). N-Dream launched AirConsole with six games developed in-house and aims to encourage third‑party game studios to port browser and Unity3D games to the platform. The company emphasizes bringing real social, in-room multiplayer gaming back to life rather than solitary online play. N-Dream is based in Zurich and was founded in January 2015. The articles report that the company had raised CHF 1.35 million from investors.

Team