[Funding] Radio startup Inntot Technologies receives undisclosed amount from Unicorn India Ventures

Tech startup Inntot has raised an undisclosed bridge round from Unicorn India Ventures. Unicorn India first seeded the company in 2018. Inntot focuses on providing high quality and cost-effective IP solutions for next-generation digital media broadcast receivers; namely, Digital Radio Mondiale (for AM and FM bands) Receivers, DAB/DAB+ Receivers, CDR Receivers and ISDB-T Receivers and HD-Radio receiver in collaboration with Xperi.

Prasanth Thankappan (CTO) and Rajith Nair (CEO) incorporated Inntot Technologies in 2014. It aims to provide cost-effective and high-quality digital media broadcast receiver solutions across the globe. SDR receiver solutions of Inntot covers the following digital radio broadcast standards and geographies;

- DRM: India, Russia, South Africa, Indonesia etc

- DAB/DAB+: Europe, Australia, Middle East etc

- HD-Radio: USA, Canada, Mexico etc

- CDR: China

The Company plans to use the funds to procure highly sophisticated and precision digital radio test equipment. Further, these, it requires for RF and timing performance testing for all the digital radio broadcast receiver standards, namely; DRM in AM and FM bands, DAB/DAB+, HD-Radio, CDR.

About Inntot

The current Digital Radio Broadcast Receiver solutions in the market require dedicated chips that are high in costs and are used to perform complex operations like Demodulation in hardware. Hence the end solution becomes very costly. Such high costs prevent swift penetration into emerging and also high-volume markets like India, European Union, South Africa, Russia, China and Indonesia where the Government and broadcasters have mandated the usage of DRM, DAB, CDR Technology. Also, the USP of Inntot is that its SDR implementation along with patented improvisations run on ARM processors making it high quality and cost-effective for original equipment manufacturers (OEMs) and bringing down the receiver cost within the reach of the common man.

Rajith Nair, Co-founder CEO, Inntot Technologies says, - “Our objective is to enable Inntot to provide high quality and cost-effective Digital Radio Broadcast Receiver solutions across all geographies. Be it inside cars, houses or smartphones. The continued support from Unicorn India is a testament to the success we have achieved so far and the growth plans that are chalked out for the next 2 years.”

Inntot has licensed its digital radio receiver solutions to multiple Tier-1 customers including Clarion and Telechips. Anil Joshi, Managing Partner, Unicorn India Ventures says, “We entered Inntot two years back. Since then, we have seen Inntot’s growth and their ability to create IP which will work in global markets like the US, Europe and China. We have extended this additional funding so that they can develop more IPs and scale up faster. It is also the only company in India which can serve multiple bandwidths across different markets.”