Preksh Innovations Private Limited

  • Bangalore, India
  • RetailRetail Technology, FashionApparel, Consumer GoodsHome Decor, Augmented Reality, SaaS

Patent-pending AR technology to enable consumers to virtually walk-through any shop, pick products off the shelves and purchase online.

Founded:
2015
Stage:
Beta Launched
Market:
B2B

Startup Video

Featured

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Preksh's technology creating a buzz in Korea | Korea Times

Preksh is in discussions with some of the major retailers and digital marketing agencies in Korea for deployment and strategic partnerships. It is featured in Korea Times for the waves that it created during the 3 month acceleration program there.

Dec 14, 2016

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Preksh is a Top 50 retail tech start-up in the World | Insider Trends

Insider Trends is a London and New York blog which captures the major trends in technology focusing on retail. Preksh is featured in the Top 50 list in the blog.

Nov 16, 2016

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Preksh graduates from Target Accelerator | Your Story

Preksh successfully completes the pilot with Target with overwhelmingly positive results and a road map for deployment of its technology with Target Corporation.

Oct 05, 2016

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Preksh Innovations in K-Startup Grand Challenge | Arirang News, Korea

Preksh Innovations competed with the Top 80 teams in Korea (from over 2400 applications from 124 countries) in August and qualified into the Top 40 and eventually won the 2nd prize after a 3 month acceleration program in Korea.

Aug 17, 2016

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Preksh featured in a UK along with Google's Magic Leap and Alibaba. | Evening Standard | UK

Preksh is recognized in UK as one of the AR/VR technology companies along with Google's Magic Leap and Alibaba working in the same space.

Apr 21, 2016

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Preksh Wins AmritaTBI PitchFest 2016 | Live Mint

Preksh Wins AmritaTBI PitchFest 2016 among 702 start-ups. It is now going to be incubated in AmritaTBI and is eligible for a seed-funding.

Jan 14, 2016

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Target Accelerator Program Batch 4 | YourStory


Founded

Jun

2015

New Product Release

Visual Commerce Beta Version was launched.

Sep

Customer

Van Heusen pilots our technology.

Dec

Media Coverage

We win the AmritaTBI PitchFest 2016 and are covered in Inc.42 & LiveMint.

Jan

2016

New Product Release

B2B SaaS based Beta product released for large customer pilots.

Feb

Customer

Preksh is one of the 5 start-ups in India to get into the Target Accelerator.

Apr

Media Coverage

Preksh is a Top 40 team in the K-startup Grand Challenge in Korea.

Aug

Media Coverage

Preksh graduates from Target Accelerator Program with a successful pilot.

Oct

Media Coverage

Preksh wins 2nd Prize in the K-startup Grand Challenge in Korea.

Nov

New Product Release

Preksh's VR product is released for Beta customers.

Dec

Customer

Van Heusen is a live customer after the successful pilots.

Jan

2017

Customer

SharafDG (Dubai) becomes a paid customer from a pilot.

Jun

Customer

SharafDG is a paying customer with a 1 year contract.

Jul

Jobs


Team Summary

A blend of Young and Experienced Professionals from premier institutes like XLRI and IIT Madras with experience in companies like Nokia, Wipro, Mahindra and Harman mentored by a leading Korean Angel investor (Michael Hong) and E-commerce Industry Expert (Mr.K Vaitheeswaran).

Team

Founding Team

M A Kodandarama


Founder, CEO

Founder & CEO at Preksh. 20+ years of experience with Wipro, Texas Instruments and Nokia. Post-Graduate from IIT Madras.

WORK

Preksh Innovations Private Limited (2015 - present)
Founder & CEO

Yulop WebSense Solutions Pvt Ltd (2009 - present)
Director

Nokia India Pvt Ltd (2006 - 2009)
Head - Quality

EDUCATION

Indian Institute of Technology, Madras
M Tech • 1986 - 1987

National Institute of Engineering, Mysore
BE • 1981 - 1986

DVS Junior College, Shimoga
II PUC • 1979 - 1981

Co-Founder @ Preksh Innovations Private Limited, COO @ Yulop WebSense Solutions Pvt Ltd, Senior Engineer-II, SW @ Harman/Becker Automotive Systems

WORK

Preksh Innovations Private Limited (2015 - present)
Co-Founder

Yulop WebSense Solutions Pvt Ltd (2015 - present)
COO

Harman/Becker Automotive Systems (2012 - 2015)
Senior Engineer-II, SW

EDUCATION

M S Ramaiah School of Advanced Studies (Coventry University, UK)
Master’s Degree • 2003 - 2005

PESIT
Bachelor of Engineering (B.E.) • 1998 - 2002

St. paul's high school, Belgaum

I'm passionate about building businesses out of new technologies.

Product/Service Summary

Preksh has developed an AR/VR technology platform that allows retailers to create immersive online shopping experiences for their customers. Our proprietary technology enables users to virtually walk-through offline stores on the web, pick products and shop. Within the virtual walk-throughs, the products are ‘tagged’ and linked to the Ecommerce back-end of retailers using APIs. This provides a seamless and immersive experience to the consumers. A deployment of this can be found here: https://uae.sharafdg.com/stor360/.
We also have this experience available on VR gadgets where the visuals are truly immersive and mimic a real-world shopping experience.

Product/Service Descriptions