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Tuesday, July 2, 2024

Tranzmeo: The Story of an Inquisitive Engineer Turned Entrepreneur

This is the story of a young and inquisitive Keralite IT professional who ventured into entrepreneurship to develop unique and innovative solutions for the oil and other industries.

Safil Sunny who hails from Ernakulum read about the massive oil theft from the pipelines and decided to investigate the matter. His research and investigation revealed the presence of various flaws in the methods used by the oil and gas industry for transportation.

The Start of Tranzmeo

After years of research, Sunny set up his venture Tranzmeo to use artificial intelligence, machine learning, photonics, and fibre sensing to detect leaks and intrusions in pipelines. The venture developed software that helps in the prediction and prevention of losses via leakage which also reduces the negative impact on the environment.

Using Remote Monitoring and Fibre Optic Sensing for Anomaly Detection

Tranzmeo, established in 2017, monitors 5000 KM pipelines across India through a specially designed advanced software. The startup’s core product is T-Connect OneView- a smart pipeline intrusion detection system that is governed by AI and Machine Learning. The product can be adapted for application in refineries, subsea, railways, border, and perimeter security.

Tranzmeo’s solutions help identify any abnormality in the pipelines quickly and enable early rectification. The use of photonics in remote sensing not only helps in identifying damage and its exact location at an early stage but also prevents leakage of hazardous substances.

Other Achievements

➢ The company was selected in 2021 by CiscoLaunchPad, an accelerator program for B2B ventures aiming to scale up their operations.
➢ It received an invitation to the prestigious Society of Petroleum Engineers’ Annual Technical Conference and Exhibition (ATCE) 2023 organised by the Society of Petroleum Engineers.
➢ It won the third prize at the Take Off Startup Summit 2022.
➢ It was awarded the grant-in-aid in TIDE 2.0 (Technology Incubation and Development of Entrepreneurs) organised by the Ministry of Electronics and Information Technology (MEITY).
➢ Hindustan Petroleum Oil Corporation is one of the leading investors in Tranzmeo. Petronet MHB has also invested in the energy tech startup.
➢ Tranzmeo signed an MOU with the National Institute of Technology Calicut (NITC) in August 2021 to develop cross-functional technologies in Photonics, Edge computing, and Artificial Intelligence.

The company aims to clock revenues of Rs 100 million in the next five years.

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