(From left): Karthik R, Harikrishnan AS, Tarun Mishra and Daniel Raj David have contracts with all major refineries of Asia
Image: P Ravikumar for Forbes India
Daniel Raj David 24
Harikrishnan AS 24
Karthik R 26
Tarun Kumar Mishra 29
CEO; CTO; CTO; chief strategy officer and co-founders, DeTect Technologies
Category: Science
It all began with trying to create a material that could generate ultrasonic waves at high temperatures to monitor assets, such as pipelines, in the industrial space. IITian Tarun Kumar Mishra, working with professor Krishnan Balasubramanian at IIT-Madras, cracked it. “Professor Krishnan told me the industry had no continuous monitoring technology. So, I looked into the field,” says Mishra, who graduated from IIT in 2013.
Fellow IITian Daniel Raj David, 24, then a second-year student, met Mishra through professor Balasubramanian in early 2014. His batchmate Harikrishnan AS, 24, a mechanical engineer, and Karthik R, 26, got on board, and they incorporated DeTect Technologies in February 2016. They have two products; GUMPS, an intelligent sensor for pipeline monitoring to prevent potentially hazardous leaks, and Noctua, a drone for internal and external asset inspection and monitoring. Professor Balasubramanian is a mentor and advisor.
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Mishra says they started taking orders and giving services from day one since the products were built keeping end-use in mind. “Today we have three-year contracts with almost all major refineries in Asia.”
After an initial investment of ₹10 lakh, and support from Reliance Industries and Shell, DeTect has raised two rounds of funding, the latest being a $3.3 million series A led by SAIF Partners. “We partnered with DeTect because of the skill and vision of the young founding team, their understanding of the market and their state-of-the-art products,” says Mridul Arora, MD, SAIF Partners.
(This story appears in the 15 February, 2019 issue of Forbes India. To visit our Archives, click here.)