Pune-based deep-tech startup ‘Starkenn’ signs MoU for ADAS

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Pune, 29th April 2024: Deep-tech startup Starkenn Technologies has signed an MoU with Shree Swami Samarth Tours and Travels) for providing ADAS system for their passenger fleet of multi-axle coaches.

The MoU was signed at a recent curtain raiser event held in Pune for Prawaas 4.0. Prawaas is a multi-modal transport show organised by the Bus and Car Operators Federation of India. Shashank Joshi, (Business Head) Starkenn Technologies and Kiran Desai, owner of Shree Swami Samarth Tours and Travels and (President) Pune Bus Owners Association were present during the signing of the MoU.

With products like BrakeSafe (Collision Mitigation System), Attention (Driver Monitoring System) and Stark- I ( Fleet Management Software) Starkenn has been providing driving safety solutions for commercial vehicles. These products meet all the requirements of Level- 2 ADAS. The manufacturing is in Turbhe, Navi Mumbai and assembly is in Aundh, Pune. To date, Starkenn has installed its safety solutions in more than 2500 vehicles.

Shashank Joshi, Business Head Starkenn Technologies Pvt ltd, said that this partnership will help Shree Swami Samarth’s fleet by increasing safety on roads ensuring a safe driving ecosystem for fleets, drivers and passengers while Starkenn will be able to increase awareness about ADAS and fleet management and gain trust of OEMs and the entire transport industry.

Some of the major challenges of adoption of ADAS in India have been cost, training and compatibility which we have been able to understand and address and come out with ‘Made in India’ products to suit our conditions.

As per market research conducted by CMI Market Research, the global India ADAS market is expected to record a CAGR of 18.80% from 2023 to 2032. By 2032, its market size is anticipated to reach US$ 9.98 billion from US$ 1.24 billion in 2022.