Virya Corporate Funding Life Cycle Virya Paramita Energy Pvt. Ltd. A wave energy-based startup company working on the R & D in collaboration with IIT Madras and few industry leaders.

power-and-utilities

Employees

Incorporated at

India , 2023

Corporate Office

Visakhapatnam

founder

Sunkara Sai Arun Kiran Karthik

Platform

TBI-KIET

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Product Description

We mainly focus on producing water for the coastal population who have less access to safe water for drinking or common household applications. Presently, the technology for capturing wave energy and utilizing that for desalination is at a primitive stage. VPE’s technical team will work on the development of sustainable technology that will serve the dual objectives of meeting energy demand from renewable sources and ensuring access to safe water utilizing such energy.

Startup Description

Virya Paramita Energy (VPE) Private Limited is a pioneering renewable wave-energy company in India aiming to help safely and responsibly meet the country’s growing needs for energy by generating electricity from waves. VPE endeavors to bring in an efficient class of indigenous wave energy converters (WECs) to market, enabling cost-effective low and no-carbon solutions to climate change.

Product Screenshots

Business Model

The company also plans to introduce warrantied and bankable WECs by 2030, that allows its customers to build wave farms for applications such as desalination, ocean surveillance, sea navigational system, weather buoy, offshore communication and UAV/Underwater vehicle charging stations.

Business Modal Type

Marketplace

Type of Sales

B2B2C