Biography of Besta Prem Sai: Founder & CEO of Vecros Technologies- Entrepreneur
Introduction to Vecros Technologies and Besta Prem Sai
Besta Prem Sai is a dynamic entrepreneur and the CEO and
co-founder of Vecros Technologies Pvt. Ltd., a cutting-edge drone technology
startup based in India. Vecros, which appeared on Shark Tank India Season 3, is
focused on developing innovative drone solutions, particularly in spatial AI
and GPS-denied navigation. Their flagship product, Athera, is a non-GPS
autonomous drone equipped with eight cameras that can sense its environment,
enabling it to navigate and avoid obstacles autonomously. This technology is
poised to revolutionize various industries such as construction, oil and gas,
disaster relief, and utilities by improving operational efficiency and reducing
costs.
Company Origins and Vision
Vecros Technologies was founded in 2018 by Besta Prem Sai
and Bestha Gangadevi. The company has garnered significant attention for its
groundbreaking drone systems, which provide AI-powered capabilities to navigate
complex environments without relying on traditional GPS. The drone’s ability to
autonomously detect obstacles in 360 degrees and its advanced computing power,
capable of 21 trillion operations per second, sets it apart from competitors in
the rapidly growing drone industry. The company aims to offer a range of
products tailored to specific needs, with Athera being the primary offering for
large-scale industrial operations.
Dual Business Model: DaaS and Enterprise Solutions
The company’s business model includes both a “Drone as a
Service” (DaaS) model, where they offer drone-based inspection services to
industries, and an enterprise model where they sell drones and software to
clients who can perform inspections themselves. This dual approach allows
Vecros to cater to both companies looking for drone services and those wishing
to integrate drone technology into their operations. By training clients on how
to use the technology effectively, Vecros is positioning itself as a leader in
drone education and innovation.
Educational Foundation and Early Interests in Robotics
Besta Prem Sai's educational background from the prestigious
Indian Institute of Technology (IIT) Delhi equipped him with the technical
expertise and problem-solving skills necessary for founding Vecros. At IIT
Delhi, he pursued a Bachelor’s degree in Engineering Physics, where he was
actively involved in the development of aerial robotic systems. His time at IIT
Delhi also included working as a project associate in the field of aerial
robotic inspection, where he gained valuable experience in the modeling,
planning, and control of aerial robots. This background laid a strong
foundation for his entrepreneurial journey in the drone technology space.
Biography of Besta Prem Sai: Founder & CEO of Vecros Technologies- Entrepreneur /autonomous drone technology/age/net worth/investor/startup/Vecros Tech
Design Innovation Fellowship and Commercialization of Ideas
Before founding Vecros, Besta Prem Sai also served as a
Design Innovation Fellow at IIT Delhi, where he worked on translating and
commercializing innovations. During this time, he was one of five students
selected for a fellowship to continue working on innovations beyond graduation.
His focus on real-world applications of his research and product development
continues to drive the success of Vecros, with a primary focus on autonomous
drones capable of navigating without GPS and performing precise tasks in complex
environments.
Shark Tank India Appearance and Investment Success
Vecros Technologies gained significant recognition when it
appeared on Shark Tank India in Season 3. The company pitched its innovative
drone technology, seeking ₹1 crore for 2.5% equity. Despite some initial
skepticism from the Sharks about competition in the drone market and the
performance of the drone in the demo, Vecros managed to secure an offer from
Aman Gupta, who was impressed with the founders' passion and vision. He agreed
to invest ₹20 lakh for 1% equity and ₹80 lakh in debt at 10% interest for three
years. This partnership with Aman Gupta, co-founder of boAt, provided Vecros
with the financial backing and mentorship needed to scale its operations and
refine its technology.
Post-Shark Tank Growth and Funding Achievements
Following the Shark Tank appearance, Vecros Technologies
continued to thrive. The company has secured funding from multiple investors,
raising a total of $250,000 in seed funding. With this capital, Vecros is
working on expanding its product range and improving the capabilities of its
drones. The company is also planning to launch additional drones, such as Kia
and Jasper, designed for use in confined spaces. These innovations further
demonstrate the company’s commitment to offering tailored drone solutions that
meet the specific needs of various industries.
Innovations in Spatial AI and Autonomous Navigation
One of Vecros' major innovations is its spatial AI
technology, which allows drones to operate autonomously in environments where
traditional GPS technology fails. This capability is especially important in
industries like construction, oil and gas, and utilities, where drones can be
used for inspections, monitoring, and mapping in areas that are difficult to
access or lack reliable GPS signals. Vecros aims to reduce enterprise costs by
up to 50% through its state-of-the-art drone systems, which are designed to
provide real-time data, reduce human error, and improve operational efficiency.
Client Training and Empowerment through Drone Technology
Vecros also emphasizes its focus on training clients to
operate the drones independently. By offering a combination of products and
training, the company ensures that its clients can fully integrate drone
technology into their operations and maximize its potential. This approach not
only empowers businesses to utilize drones effectively but also positions
Vecros as a leader in the growing field of drone technology, which is becoming
increasingly important for industries seeking to optimize their operations and
reduce costs.
Besta Prem Sai’s Entrepreneurial Vision and Future Plans
The success of Vecros Technologies reflects the
entrepreneurial spirit and technical prowess of its co-founders, particularly
Besta Prem Sai. With a solid educational background from IIT Delhi, extensive
experience in the field of robotics, and a passion for innovation, Besta has
successfully built a company that is making significant strides in the drone
technology industry. With plans for further product development and an
expanding client base, Vecros Technologies is well-positioned to continue disrupting
the drone space and providing valuable solutions to a variety of industries.
A timeline for Vecros Technologies:
2018 – Vecros Technologies founded by Besta Prem Sai and
Bestha Gangadevi, focused on autonomous drone technology.
IIT Delhi – Besta Prem Sai completes his Bachelor’s in
Engineering Physics and gains experience in aerial robotic systems and drone
inspection.
Design Innovation Fellowship – Besta Prem Sai works on
translating innovations into real-world applications during his fellowship at
IIT Delhi.
2022 – Vecros Technologies appears on Shark Tank India
Season 3, securing ₹20 lakh for 1% equity and ₹80 lakh in debt from Aman Gupta.
Post-Shark Tank (2022) – Vecros raises $250,000 in seed
funding and continues expanding its product range and drone capabilities.
Ongoing – Vecros works on launching new drones (Kia, Jasper)
and focuses on enhancing spatial AI and autonomous navigation technologies.
2024 – Plans to reduce enterprise costs by up to 50% through
autonomous drones and expand product offerings across various industries.
