Forbes '30 Under 30' Telugu Guy Pranav Vempati who got a place in the list...
Makers Hive Innovations CEO Pranav Vempati has made it to the forbes 30 Under 30 list. It is a matter of great pride for our telugu Guy to earn a place among the top young entrepreneurs. The Makers Hive Innovations company he founded makes artificial hands. The company makes a bionic hand under the name 'Cul Arm' and sells it for Rs 3.5 lakh. This price is very low compared to the price of Bionic Hand sold by foreign companies.
With the help of Hive Innovations Company, people who have lost their hands in accidents can make a bionic hand to fit their body. The company makes the bionic hand to fit the body with the 3D scan. This bionic hand can do more than 15 things with different physical forces. The bionic hand helps a lot to do everyday tasks efficiently.As the name implies the bionic hand tracks the electrical impulses released by the nerves in their body when users try to work with their hands. This allows the bionic hand to act like a natural hand.
However, the company's CEO Pranav Vempati is planning to combine a partnership with NGOs, government and hospitals. Recently, Hive Innovations gathered about Rs 65 crore from Starfish Growth Partners and a few other investment compamies. Pranav Vempati said that due to the carona we are not getting some equipments, whenever carona will reduces who ever ordered the hands will make and send them. the company Hive Innovations launched in december last year and started in 2018.