AP Startup Taramandal In Forbes Select-200 List

The Forbes Select-200 list is an acknowledgment of Taramandal’s relentless commitment to innovation and excellence. It highlights the startup’s unique capabilities in designing technologies that push the boundaries of space exploration - Vineel Judson, CEO, Taramandal, tells Bizz Buzz

Visakhapatnam: Taramandal, a first-of-its-kind space tech startup based in Visakhapatnam, Andhra Pradesh, has found a place in the prestigious Forbes. The startup incubated at A-Hub Incubation Center at Andhra University has earlier been recognised by various institutes including IN-SPACE, ISRO, Australian Space Agency (ASA) and Taiwan Space Agency (TASA) for its critical innovative space technologies.

Taramandal focuses on sustainable use of outer space. The startup is working on sustainable satellite technologies to achieve net-zero orbits, contributing to the global mission of reducing space debris.

The recognition by Forbes India and D-Globalist Select-200 list for 2024 has come as a shot in the arm to get global recognition with prospects to explore business potential, innovation and prospects for expansion at the international level.

Out of thousands of nominations from across the world, select 200 startups were chosen. Taramandal is the sole representative from Andhra Pradesh and the only startup working on satellite technology in this elite global list.

“The Forbes Select-200 list is an acknowledgment of Taramandal’s relentless commitment to innovation and excellence. It highlights the startup’s unique capabilities in designing technologies that push the boundaries of space exploration,” Taramandal’s co-founder and CEO Vineel Judson told Bizz Buzz on Sunday. He said they have several plans to scale up in space tech research.

The Forbes India DGEMS Select 200 Entrepreneurs honours trailblazers who have demonstrated extraordinary vision, perseverance and influence in their respective domains.

Speaking about the recognition, Vineel said: “Being featured among Forbes India DGEMS 2024 Select 200 Entrepreneurs is both a privilege and a responsibility. Taramandal’s innovations are driven by a commitment to environmental stewardship.”

“We are deeply honoured by this recognition. It reinforces our vision to create sustainable, accessible and futuristic solutions for space missions, a delighted moment at Taramandal, said Vineel and hastened to add this is not just a milestone for our company, but also a moment of pride for Andhra Pradesh as we believe in the notion of ‘Make in Vizag for the World’.

The young team from Taramandal sees the accolade as a stepping-stone to accelerate their international collaborations and expand their operations globally. With a vision to make Andhra Pradesh a hub for space technologies, the company aims to attract global talent and investments to scale their initiatives.

Founded in 2023 by a team of alumni from Andhra University, including A Vineel Judson (Founder & CEO), Dr D Rajesh, N Ramajayalakshmi, Dr M Goutham and T Neelakanteswara Reddy, and guided by their mentor, Prof P Mallikarjuna Rao from Andhra University, the startup is developing cutting-edge, sustainable solutions for satellite technology.