Shashwath TR is the Co-founder & CEO of Mindgrove Technologies who launched India's first indigenously designed commercial high-performance MCU – 'Secure-IoT' – a 700MHz chip designed for
IoT/smart connected devices. He has 17-year work experience as an Electronics Engineer in devices for varied industries such as nuclear, oil and gas, aerospace, etc. He finished his Bachelor of Engineering (BE), Electrical, Electronics and Communications Engineering from SRM Engineering College.
He also has 14 years of experience as a Software Engineer at Lucid Software Limited, Chennai. During his 14 year stint at Lucid, Shashwath developed specialised ultrasound devices, drivers and computer vision algorithms for the nuclear, oil and gas and the aerospace industry. He is an expert in systems
engineering, signal processing and machine vision software.

Last year, Mindgrove Technologies had received official approval from the Ministry of Electronics and Information Technology (MeitY) under the Semiconductor Design Linked Incentive (DLI) for the development of its second chip — ‘Vision SoC’ designed for applications and devices whose functions involve identifying and processing video information. In December 2024, the startup raised USD 8 million in a Series A funding round.