Bussiness Ideas

AMvertix Private Limited is developing an indigenous power electronics business focused on high-efficiency, reliable, and smart energy conversion products for the Indian market. The company’s core products include solar inverters, hybrid inverters with battery backup support, EV chargers, auxiliary power supplies, and high-efficiency DC-DC converters for applications such as smart lighting, IoT devices, battery systems, and renewable energy systems. The business is built around the growing demand for rooftop solar, clean energy adoption, home EV charging, and energy-efficient electronic systems in India. The key business concept is to provide advanced power electronics products using next-generation semiconductor technologies such as Gallium Nitride and Silicon Carbide. These technologies help improve efficiency, reduce switching losses, lower heat generation, reduce product size, and increase overall product life. This gives AMvertix a strong advantage over conventional silicon-based inverter and converter products. The company aims to serve residential customers, housing societies, small businesses, solar installers, EV users, system integrators, and OEM manufacturers. Its products are also aligned with government-driven solar adoption schemes such as PM-KUSUM and SuryaGhar. The revenue model includes direct product sales, B2B partnerships with solar and EV installers, annual maintenance contracts, OEM partnerships, IoT-based monitoring subscriptions, and R&D royalty opportunities. Overall, AMvertix aims to become a technology-driven Indian power electronics company offering efficient, compact, reliable, and affordable solutions for solar energy, EV charging, and smart power conversion.

Startup Teams

• 1 Mukesh Maurya (Founder)
• 2 Mukesh Maurya (Founder)
• 3 FOUNDATION FOR INNOVATION & RESEARCH IN SCIENCE & TECHNOLOGY ()

Incubation Details

• Incubator Name
  Foundation for Innovation & Research in Science & Technology
• Incubator Host Institution
  Indian Institute of Technology Kanpur
• State
  Uttar Pradesh
• City
  Kanpur Nagar