AiVibe · Project finance proposal to SIDBI · October 202601 / 23
AiVibe Software Services Pvt LtdAiAmbA · AiCippY · Chennai, Tamil Nadu

Speak to
your machine.

A ₹70 crore greenfield plant in Tamil Nadu to bring India's 20 lakh MSME machine tools online, one ₹10,000 device at a time.

SIDBI ask ₹52.50 Cr · STHAPAN + SMILEDebt cover ≥ 2.4x every yearTRL 9 · ₹1.13 Cr orders in hand

Aravind Jayamohan

Founder, Chairman & Managing Director

AiAmbA micro-agent on a CNC machining centre talking to the AiCippY phone app A CNC machining centre at sunrise wears a small AiAmbA device whose signal rings reach a floating smartphone showing a voice exchange, with Western Ghats hills and factory roofs lighting up behind. Machine 3, spindle load? 62% · normal
AiVibe · www.aivibe.in · aiamba.comSix chapters · 23 slides
Chapter I · The problem02 / 23

India's MSMEs run 20 lakh machine tools. Fewer than 7% of shops are connected.

Inside a typical job shop: paper logbooks, scrap found at the end of the shift, and downtime nobody can measure.

A small job shop before AiAmbA: six unconnected CNC machines and a paper logbook Six grey CNC machines stand in a dim shop, coral question marks float over them, one machine shows a stopped light, the supervisor holds a paper logbook and a scrap bin overflows. ? ? ?
20 lakh+MSME machine tools at work in India
< 7%of machine shops connected for real-time data
40,000+new CNC and VMC machines installed every year
14.2%yearly growth in machine-tool consumption
AiVibe · Proposal to SIDBISource: AiVibe market intelligence report, October 2026
Chapter I · The problem03 / 23

Four walls keep them offline.

The four walls that keep small factories from connecting their machines Four tinted panels: a towering stack of coins beside a tiny device, a calendar shedding pages next to a service van, five mismatched connectors around one socket, and a cloud with an open padlock leaking data packets.

Cost

₹8–25 lakh

to retrofit a single machine with a legacy system.

Time

6–18 weeks

with a systems integrator before the first reading.

Protocols

170+ dialects

Fanuc, Siemens, Mitsubishi, Modbus, OPC UA and more: each needs custom code.

Data fear

Public cloud

Owners won't ship part geometry and cycle times to shared servers.

For a job shop, Industry 4.0 has been a boardroom capex decision. AiAmbA makes it a ₹10,000 purchase.

AiVibe · Proposal to SIDBIChapter I of VI
Chapter II · The answer04 / 23

Same machines. Now they talk.

AiAmbA connects to the machines a shop already owns. AiCippY puts every one of them in the owner's pocket.

The same job shop after AiAmbA: every machine connected and talking Six white CNC machines each wear a small AiAmbA device pulsing emerald rings, the supervisor checks a phone with a voice waveform, the shop is bright and the scrap bin is nearly empty.
  • Live status from every machine: downtime becomes a number, not a guess.
  • Tool wear and scrap are flagged during the shift, not after it.
  • Operators ask by voice, in their own language, and the machine answers.
  • No change reaches a machine without a human slide-to-confirm.
₹10,000 device₹999 a month software
AiVibe · Proposal to SIDBIChapter II of VI
Chapter II · The answer05 / 23

Plug. Scan. Speak. Four minutes.

Plug, scan, speak: a machine becomes conversational in about four minutes Three numbered steps left to right: a hand plugs the AiAmbA cable into a machine cabinet, a phone scans the device QR code with a lime scan line, and an operator's phone shows a voice waveform with a reply bubble, with a progress line ending in a stopwatch. 1Plug 2Scan 3Speak 4 min
1

Plug in

Place it beside the machine. It probes the controller's ports and finds the protocol by itself.

2

Scan

Scan the QR label. Wi-Fi details pair over Bluetooth, with nothing to type.

3

Speak

Ask in your own language. The machine answers on the AiCippY app.

4 minunboxing to live data, against 6–18 weeks
₹10,000per machine, against ₹8–25 lakh
Zerointegrators, coding or new machines
AiVibe · Proposal to SIDBIChapter II of VI
Chapter II · The answer06 / 23

One family, priced for every shop.

Start with one machine for ₹10,000; grow to vision AI across the floor on the same app.

Level 1 · Start here

AiAmbA Basic

₹10,000 + GST

Micro-agent on an Arm Cortex-M4 (Renesas RA4M1) that speaks 170+ machine protocols.

Level 2 · Edge AI

N-Series

₹50,000

Edge-AI device that runs the intelligence on site, inside the factory.

Level 3 · Vision AI

J-Series

₹99,000 + GST

100 TOPS vision AI. One device runs up to six machines in parallel.

AiCippY copilot app · every device

₹999 per device per month

₹11,988 a year of recurring revenue per device. Live gauges, voice in regional languages, slide-to-confirm safety.

On-premise, end to end

The full stack inside the factory; data never leaves the site.

AiAmbA direct cloud

A static IP and router credentials are all it needs.

AiVibe · Proposal to SIDBIChapter II of VI
Chapter II · The answer07 / 23

Steel to speech, secured end to end.

Five machine protocols converge into one AiAmbA device and flow out encrypted to the sovereign edge and the AiCippY app Five machine cards on the left, each with a port number, send dashed lines into a central AiAmbA device flanked by three chips; an encrypted TLS pipe with a padlock then splits to a dual server rack and a smartphone with a gauge, a voice waveform and a slide-to-confirm control. 8193 102 5002/5007 502 4840 Zero-heap Watchdog Crypto ID TLS 1.3 Sovereign edge AiCippY

Every controller

Finds the protocol by probing the ports: FOCAS 8193, S7 102, MC 5002/5007, Modbus 502, OPC UA 4840; 170+ protocols in all.

Built not to fail

Zero-heap firmware, a 2-second hardware watchdog and a cryptographic identity burned into the silicon.

Safe to write

Offsets are proposed automatically, capped at ±50 µm and applied only after a slide-to-confirm; feed hold if the heartbeat stops for 200 ms.

Data stays home

TLS 1.3 with mutual authentication into the sovereign edge data centre this project builds, with row-level isolation for each customer.

AiVibe · Proposal to SIDBIISO/IEC 27001:2022 certified development
Chapter II · The answer08 / 23

Over 90% cheaper. Weeks become minutes.

Legacy automation suitesCloud IoT gatewaysAiAmbA + AiCippY
Hardware per machine₹5 lakh+US$1,200–3,000₹10,000
Software per machine, per year₹10 lakh+US$2,400–6,000₹11,988
DeploymentHighly complexModerate4 minutes, zero-touch
Voice in local languagesNoneNoneBuilt in
Closed-loop correctionCustom scriptingRead-only or custom-codedMicron-level, human-confirmed
Where the data livesCustomer server or cloudShared multi-tenant cloudSovereign edge data centre

Pricing power

US$150–300

a month per machine is what US job shops already pay for basic telemetry. AiCippY is ₹999.

The gap we close

Read-only gateways stop at dashboards. AiAmbA corrects tool wear in microns, and a person confirms every change.

AiVibe · Proposal to SIDBISource: AiVibe market intelligence report, October 2026
Chapter III · People, proof & market09 / 23

Code meets steel. Certified, registered, no bank debt.

Aravind Jayamohan

Aravind Jayamohan

Founder, Chairman & Managing Director · DIN 07977617

  • Enterprise software and industrial AI for clients in Denmark, Ireland and the USA
  • Second-generation leader of a precision manufacturing group founded in 1990
  • OWASP committee · Python Software Foundation · IEEE · Lions Clubs, Melvin Jones Fellow
Jayagiri Manoharan

Jayagiri Manoharan

Co-founder, Director & CFO · DIN 07587178

  • 15+ years in structural construction and heavy fabrication
  • Managing partner of a structural fabrication plant
  • Delivered UK government technology programmes · MCA, Anna University
ISO/IEC 27001:2022UBML-ISMS-0912024005
ZED certifiedZero Defect, Zero Effect
DPIIT-recognised startupDIPP185841
Udyam MSMERegistration active
US FDA GUDID listingLMG-UDI-84F0D04 · a listing, not an approval
Global identifiersLEI 335800CD8ILS5C7ERN32 · D-U-N-S 756149098 · EU SME PIC 867207161
Security researchPaper AIVIBE/RD/CS/001 V01
Clean balance sheetZero bank borrowings, zero defaults
AiVibe · CIN U47912TN2024PTC173493Chapter III of VI
Chapter III · People, proof & market10 / 23

Field-proven. Orders in hand.

TRL 9commercially deployed, not a prototype
11+live shop floors, including promoter-group plants
₹1.13 Crpurchase orders from three Tier-1 groups
₹15 Cr+rollout pipeline with the same three

Confirmed first-phase purchase orders · ₹1.13 Cr

₹50 L₹41 L₹22 L
Customer A · Automotive Tier-1On-premise private AI with edge devices
Customer B · Automotive systemsCNC telemetry and micro auto-offsets
Customer C · ComponentsSpindle telemetry and OEE
Ordered ₹1.13 CrFull multi-plant rollout at the same three: ₹15 Cr+
Proven inCNC and VMC job shopsTextile spinningPrecision fabricationStone quarrying

Customer names are under non-disclosure agreements; SIDBI's appraisal team receives them under sealed cover.

AiVibe · Proposal to SIDBIChapter III of VI
Chapter III · People, proof & market11 / 23

Ten lakh devices within reach, starting at home.

Market sizingThree nested circles: total addressable market 112.5 billion US dollars, serviceable 18.4 billion, obtainable 1.25 billion. TAM · 2031 $112.5 B 8.5 crore industrial assets worldwide SAM $18.4 B 1.2 crore machine tools inIndia, North America, Europe SOM $1.25 B ₹10,400 Cr

India's industrial edge-computing market, US$ billion

1.852024
2.322025
2.952026
3.782027
4.842028
6.212029
7.982030
10.252031

5.5× in seven years at home, while the global market compounds at 19.8% a year to $112.5 B by 2031.

At 1 lakh devices

₹100 Cr + ₹119.88 Cr

devices once, then software every year

At 5 lakh devices

₹500 Cr + ₹599.40 Cr

a quarter of India's MSME machine-tool base

AiVibe · Proposal to SIDBISOM: 10 lakh devices in Indian clusters and US supply corridors
Chapter IV · The project12 / 23

What the proposed loan builds: a plant with its own cloud.

2.5–3.0 acres · SIPCOT or industrial park, Coimbatore or Chennai38,000 sq ft pre-engineered shed100 ft arterial road
Cut-away view of the greenfield AiAmbA plant with its seven numbered zones An oblique cut-away of a long pre-engineered shed on a landscaped plot reveals five numbered production zones inside, with a numbered substation yard and a numbered warehouse dispatch dock outside, trucks on the arterial road and a gate. 1234567
1
Injection moulding cellTri-colour ABS presses, hardened H13 moulds
2
Class 8 ESD cleanroomSurface-mount (SMT) line for the boards
3
Flashing rigs16-port USB-C, automated, security bits locked
4
QA bayIP67 leak test and laser DataMatrix marking
5
Edge data centreTier-2 sovereign racks for customer data
6
1,500 kVA substationN+1 UPS and a diesel set online in 12 s
7
Warehouse & dispatchDock doors on the arterial road
AiVibe · Proposal to SIDBIIllustrative plan · 15 kN/m² floor slab for SMT and press loads
Chapter IV · The project13 / 23

ABS pellets in. Sealed, traceable devices out.

The AiAmbA production line from ABS pellets to a packed device A continuous conveyor runs left to right through seven labelled stations: a pellet hopper, an injection moulding press, an SMT pick-and-place head, a locked firmware flashing rig, a sealed leak-test chamber, a laser DataMatrix marker and a finished AiAmbA device. ABS pelletsInjection mouldingSMTFlashingLeak testDataMatrixPacked

Devices shipped per year

10,000FY27
25,000FY28
50,000FY29
80,000FY30

Active devices in the field: 11,500 → 36,500 → 86,500 → 1,66,500

  • H13 steel moulds rated for 10 lakh cycles, held at process capability Cpk ≥ 1.67
  • Every enclosure leak-tested below 0.05 sccm for IP67 sealing against coolant and oil
  • Debug ports fused at flashing, so the firmware cannot be read out to clone it
  • Laser DataMatrix ties each unit to its batch, SMT log and calibration record
  • Domestic SMT assembly will replace imported compute modules
AiVibe · Proposal to SIDBIChapter IV of VI
Chapter IV · The project14 / 23

₹70 crore. Land, plant, machines and inventory.

Unlike a software-only company, this project creates hard assets that SIDBI can hold as security.

₹7.50 Cr

Land & site10.7%2.5–3.0 acres in a SIPCOT or industrial park

₹13.50 Cr

Civil works & building19.3%38,000 sq ft shed, ESD cleanroom, HVAC, substation

₹24.00 Cr

Plant, machinery & tooling34.3%Moulding presses and moulds, SMT line, flashing rigs, edge data centre

₹20.00 Cr

Working-capital margin28.6%Bulk chips, components and ABS pellets

₹5.00 Cr

Preliminary & pre-operative7.1%Approvals, test batches, ISO audit, interest during construction

₹65 crore of the ₹70 crore becomes land, buildings, machines and inventory under SIDBI's charge.

AiVibe · Proposal to SIDBI₹ crore · Source: detailed project report
Chapter V · The finance15 / 23

How the ₹70 crore comes together.

The proposed financing bridge: four spans from the new plant to a town of connected workshops A modern cable-stayed bridge of four coloured deck spans, each with a numbered badge, crosses a calm river from a compact modern factory on the left bank to a lively town of small workshops with lit machines on the right bank, while small vehicles cross. 1 2 3 4
1
SIDBI term loan · STHAPAN ₹45.50 Cr · 65%8.50% a year; 24-month moratorium, then 60 monthly principal instalments
2
SIDBI SMILE soft loan ₹7.00 Cr · 10%Soft loan in the nature of quasi-equity, 7.00% a year; 36-month moratorium
3
Capital subsidies ₹3.50 Cr · 5%State and central grants, claimed after commercial production starts; non-repayable
4
Promoter equity in kind ₹14.00 Cr · 20%Contributed as IP, firmware and protocol drivers, to be independently valued
₹52.50 Crfrom SIDBI
8.30%blended cost of debt
20%promoter contribution

Alternative · equity route

SIDBI Venture Capital ₹21 Cr in convertible preference shares (30%), a SIDBI equipment loan of ₹35 Cr (50%) and ₹14 Cr from promoters (20%). SIDBI Venture Capital would hold 8.4–10.5% on conversion; the founders keep majority control.

AiVibe · Proposal to SIDBIStructure A, recommended · proposed terms, subject to sanction
Chapter V · The finance16 / 23

Revenue grows twelve-fold from FY27 to FY30.

Revenue by stream, ₹ crore

20.79FY27
62.77FY28
138.73FY29
261.65FY30
DevicesSoftware subscriptionsOn-premise AI rollouts
₹ croreFY27FY28FY29FY30
Devices shipped10,00025,00050,00080,000
Device revenue10.0025.0050.0080.00
Software subscriptions7.7928.7773.73151.65
On-premise AI rollouts3.009.0015.0030.00
Total revenue20.7962.77138.73261.65
EBITDA (margin)11.79 57%40.77 65%93.73 68%184.65 71%
Depreciation2.504.505.505.50
Interest on term loan3.873.873.873.09
Profit after tax4.0624.2563.13131.75

Software billed at ₹11,988 a year on the average number of devices in the field (1,500 at the start of FY27); device cost ₹3,000 a unit; tax at 25.17%. Projections from the detailed project report.

AiVibe · Proposal to SIDBIForward-looking estimates
Chapter V · The finance17 / 23

Two years to build and ramp. Then steady repayment.

Month 01224364860728496

ConstructionMonths 1–12 from first disbursal

Build

Ramp-upMonths 13–24

No principal

SIDBI term loan₹45.50 Cr · months 25–84

60 monthly principal instalments of ₹75.83 lakh, plus interest

SMILE soft loan₹7.00 Cr · months 37–96

Repaid over five years after Year 3

Moratorium years

₹3.87 Cr a year

Interest only on the term loan; no principal for 24 months.

From Year 3 (FY29)

₹9.10 Cr a year

Principal on the term loan, met from operating cash flow.

Term-loan debt service, FY29

₹12.97 Cr

against ₹72.50 Cr of cash available for it.

AiVibe · Proposal to SIDBIChapter V of VI
Chapter V · The finance18 / 23

Every SIDBI benchmark, cleared.

Term-loan debt service coverage ratio (DSCR) by year

SIDBI minimum 1.30x
2.69xFY27
8.43xFY28
5.59xFY29
11.51xFY30

Lowest 2.69x in FY27; average 7.06x over FY27–FY30. Including the SMILE loan: lowest 2.42x, average 6.3x.

Asset cover

1.43x

Benchmark 1.25–1.33x. Fixed assets ₹45 Cr plus ₹20 Cr of inventory against the ₹45.50 Cr term loan.

Debt to equity

2.2 : 1

₹52.50 Cr debt on ₹24 Cr net worth (₹14 Cr IP + ₹10 Cr reserves, per the project report); ceiling 3 : 1.

Current ratio

2.66x

Norm 1.33x. ₹32.50 Cr current assets to ₹12.20 Cr liabilities.

Break-even

64% → 28%

of planned sales in FY27, falling to 28% by FY29 and 23% by FY30.

AiVibe · Proposal to SIDBIDSCR = (PAT + depreciation + interest) ÷ (principal + interest)
Chapter VI · Safeguards & sanction19 / 23

Five layers of security for SIDBI.

Five layered security rings around a vault core A vault door sits at the centre of five concentric shield-shaped rings in cobalt, plum, emerald, saffron and teal, each ring carrying a numbered badge from one to five around the rim. 12345
1
Land and buildings, registered mortgageFirst exclusive charge on the 2.5–3.0 acre plot and the factory buildings
2
Plant and machinery, hypothecationFirst exclusive charge on moulding machines, the SMT line, flashing rigs and data-centre hardware
3
Current assets, hypothecationInventory, work in progress, finished goods and receivables
4
Personal guaranteeUnconditional personal guarantee of the promoter and managing director
5
Trust and retention accountReceivables from corporate customers flow through a SIDBI-designated account, with a first-lien standing instruction for monthly debt service
Asset cover 1.43x on the term loanCharge registered with the ROC at sanction
AiVibe · Proposal to SIDBIChapter VI of VI
Chapter VI · Safeguards & sanction20 / 23

Ten risks named. Each one engineered down.

After mitigation

Every risk score cut by 81–93%

RiskScore before → afterWhat brings it down

01Chip shortage

448 → 84

Board takes Renesas or STM32 chips; ₹10 Cr buffer stock within the ₹20 Cr working-capital margin

02Machine crash

576 → 48

±50 µm hard limit, slide-to-confirm, feed hold within 200 ms

03Data leak

540 → 45

Sovereign edge data centre, mutual TLS, per-customer isolation

04Cloning

504 → 36

Debug ports fused, daily attestation, resin-sealed enclosure

05Moulding defects

320 → 40

H13 moulds, process control at Cpk ≥ 1.67, 100% leak test

06Power failure

378 → 36

Own 1,500 kVA substation, N+1 UPS, diesel set in 12 s

07Order delays

400 → 60

Direct MSME sales online and recurring software revenue

08Import tariffs

480 → 72

In-house SMT line and domestic sourcing

09Fire

720 → 64

LiFePO₄ cells, clean-agent suppression, 2-hour fire barriers

10Export rules

360 → 40

FDA GUDID listing, CE/FCC pre-certification, unit traceability

Risk score = severity × occurrence × detection, each 1–10 (FMEA). Recovery targets: telemetry database 60 s, edge servers 5 min, flashing line 2 h, moulding line 24 h.

AiVibe · Proposal to SIDBISource: risk mitigation and contingency blueprint
Chapter VI · Safeguards & sanction21 / 23

Built for SIDBI's mandate.

Why it fits

  • MSME first: the product exists to bring MSME machine shops online.
  • Made in India: electronics built in Tamil Nadu; domestic SMT will replace imported modules.
  • Greenfield and asset-backed: land, plant and machinery under first charge.
  • Promoters committed: a personal guarantee and ₹14 Cr of IP, subject to independent valuation.

Subsidy and incentive linkages we will file

Tamil Nadu MSME capital subsidy

25%

of eligible plant and machinery, up to ₹1.50 Cr (₹3.00 Cr in SIPCOT parks), via the DIC
MeitY Design Linked Incentive

Up to 50%

of eligible design, prototyping and firmware tooling cost, up to ₹15 Cr
Interest subvention

2–3%

on term borrowings for greenfield MSME manufacturing
State concessions

100%

stamp-duty exemption on government-estate land; electricity tax waived for 5 years
NIC 2610NIC 2620NIC 2630NIC 2651HSN 8517.62.90HSN 8471.50.00HSN 8542.31.00HSN 8537.10.00

An Indian MSME building the tool that brings India's MSMEs online.

AiVibe · Proposal to SIDBIGST 18% on all four product codes
Chapter VI · Safeguards & sanction22 / 23

From project report to disbursal in five steps.

1Appraisal pack
  • Engineering layout and civil estimate
  • In-principle land allotment
  • Independent IP valuation
  • Vendor quotations
2Online filing
  • SIDBI / Udyamimitra portal under STHAPAN and SMILE
  • Audited accounts, GST and ITR-6
  • ₹1.13 Cr of purchase orders attached
3Credit review
  • Site visits to live shop floors (TRL 9)
  • Project cost vetted by a SIDBI-empanelled chartered engineer
  • Zonal Credit Committee, Chennai or Coimbatore
4Sanction and legal
  • In-principle sanction: 24-month moratorium on the term loan, 36 on SMILE
  • Loan, mortgage, hypothecation and guarantee deeds
  • Charge registered with the ROC (CHG-1)
5Disbursal
  • Tranche 1: land and civil works
  • Tranche 2: against machinery invoices
  • Capital subsidy claim through the DIC

₹52.50 Cr

Our request to SIDBI

₹45.50 Cr STHAPAN term loan + ₹7.00 Cr SMILE soft loan

24-month moratorium on the term loan (36 on SMILE); disbursed in tranches against land, civil and machinery milestones.

The submission file

Incorporation documentsAudited accounts and ITR-6DPIIT and Udyam certificatesFDA GUDID listingISO/IEC 27001 and ZED certificatesTechnology valuation report₹1.13 Cr of purchase orders12 months of bank statements
AiVibe · Proposal to SIDBIChapter VI of VI
Thank you23 / 23
Five manufacturing clusters lighting up under one sunrise A wide sunrise panorama of five distinct stylised industrial skylines labelled Coimbatore, Chennai, Pune, Rajkot and Peenya, joined by luminous dashed threads while hundreds of tiny machine dots twinkle on around each skyline. CoimbatoreChennaiPuneRajkotPeenya

Every machine, one conversation away.

With this plant, the machine clusters of Coimbatore, Chennai, Pune, Rajkot and Peenya light up, one machine at a time.

Aravind JayamohanFounder, Chairman & Managing Directoraravind@aivibe.in · +91 98941 57799
AiVibe Software Services Pvt LtdA501, 5th Floor, Saraduez Olympus, Medavakkam, Chennai 600100CIN U47912TN2024PTC173493
See it workingwww.aivibe.in · aiamba.comLive shop-floor visits on request
AiVibe · Intelligence Guided by Inner Truthsidbi.aivibe.in