Innovating on power electronics for mobility, energy

➤ Rajesh Sura and Teja Kumar Balivada completed their Master’s at IIT Bombay, where they bonded over their mutual interest in advanced power conversion systems. Following their studies, Rajesh built his career at General Motors, while Teja joined Crompton Greaves. Their expertise led them to consultancy positions, advising prominent firms like Cummins, Grundfos, and BHEL on complex power electronics challenges.
➤ At one point, they realised India lacks locally designed, developed and manufactured power conversion equipment. This inspired them to establish a deep-tech power electronics venture that they called Dynolt Technologies. Their objective was to create efficient power converters across mobility, renewable energy, and storage sectors.
➤ Unlike traditional methods that use application-specific ICs (ASICs), Rajesh and Teja adopted an alternative strategy that incorporated a sophisticated embedded software foundation in their products that ensures protection against replication once deployed. “The software stack is reusable across multiple domains, drastically reducing time to market – an essential factor in hardware innovation. Our software-driven architecture also facilitates a seamless transition to next-generation semiconductors like gallium nitride (GaN) and silicon carbide (SiC), eliminating reliance on ASICs tailored for specific technologies,” they say.
➤ Founded in 2022, the venture counts EMO Energy, Sandhar, Bounce, International Battery Company, Numeros Motors, Yulu, Yuma Energy, and River among its customers. In the e-mobility space, Dynolt has deployed more than 14,000 power converters, which have collectively surpassed more than 30 million charging cycles.
➤ Dynolt recently raised $1.7 million in funding that they plan to use to develop higher-power chargers for fast-charging stations, and enter new sectors such as solar and hydrogen by introducing solutions for high-frequency inverters and DC-DC converter applications.