Mindgrove Technologies signs MoU with Prama India for indigenous chips

Mindgrove Technologies has signed a memorandum of understanding with Prama India Private Limited to integrate its Vision SoC chips into CCTV cameras and video security systems.

The agreement was announced on June 29, 2026. Mindgrove Technologies, based at IIT Madras Research Park, will supply its second chip, developed under the Ministry of Electronics and Information Technology’s Design Linked Incentive scheme. Prama India will incorporate the chip across its surveillance products, with plans for joint design work.

Shashwath TR, co-founder and CEO of Mindgrove Technologies, stated that the deal confirms the Vision SoC meets real-world performance and reliability needs. Ashish P. Dhakan, managing director and CEO of Prama India, noted the partnership supports India’s semiconductor ecosystem and the Atmanirbhar Bharat initiative.

The collaboration is described as one of the largest commercial uses of Indian-designed silicon in security applications to date.

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