CD MEDIA (CDM): Can you tell us about your background?
Rajat Khare (Founder of Boundary Holdings): I come from the world of computer science and I specialize in data analytics and AI.
I’m from IIT Delhi, which in the US is very popular because all the tech firm CEOs are from IIT Delhi. In many cases, they’re literally from the same university. And when I was at that university, I started a business around training in AI and in related fields such as robotics.
I then went on to build a business around AI and robotics spanning across multiple fields, like the financial industry, stock markets, safety, industrial automation, and so on. And further on, I started Boundary Holding, a deep-tech investment firm. The vision behind Boundary Holding was to help innovative young entrepreneurs who were very tech-driven, much like I was.
It took me a long time to get into the commercial arena via technology driven solutions and help to create a business and hence I now like to catch entrepreneurs pretty early. I invest capital with them and mentor them, helping them with my connections across the globe to enable them to build a great business.
I think we’ve put forward around 30-35 investments in different fields to-date, which all have a connection between AI and robotics and, frankly, that’s what we do – We now invest globally.
CD MEDIA (CDM): Could you tell our readers a little bit about your portfolio of companies at present and the diversity of your business investments…?
Rajat Khare: So let me divide it the way I see it – there is one set of companies which dabble in MedTech and MedTech companies; and there’s one that builds robotic wheelchairs, which can climb stairs (basically supporting the disabled community), that is very unique; it has built-in AI, so it protects them from accidents and other things.
Similarly, another model is robotic back-support provision-oriented, which uses AI to help workers who are in ‘heavy industries’ – It supports their back and prevents injury. And it’s also used as a sports rehab solution if somebody has a back injury.
Another company creates equipment that can be used for spine surgery, and it has an AI-driven app that helps medical practitioners who are performing the surgery to have a more accurate way of fixing the screws. It ultimately improves the success rate of the surgery.
Another set of companies utilize AI for predictive analytics. There’s Konux, which is US headquartered. It helps in predictive analytics for railway maintenance; the maintenance of railway switches and many other things which are critical for the railways.
Another enterprise which does the same for oil and gas pipelines.
One company performs predictive analytics of border intrusion, providing a trap camera with a special AI which can help the camera detect if there is a rogue element crossing the border. And then there’s another set of companies that use AI for drones.
We oversee companies in clean tech, recycling Multi-Layered Plastics. And the specialty of this device is that it has a built-in AI system that separates Multi-Layered Plastics from the rest of their trash, which is very unique. Then there’s another company that specializes in water drones, which use AI and autonomous controls to clean marinas, rivers, lakes automatically of plastic and other waste, oil spills, and so on.
So, yeah – there are many companies!
CD MEDIA (CDM): So, what is a ‘Deep Tech’ investment firm, and do you think this is a model that’s going to be on the rise in contemporary business?
Rajat Khare: Most of the VC-stage investments or family office investments have been in the internet space, which did very well; Amazon is doing fantastically well.
But suddenly you see that there are so many problems in the world, geo-commercial, geopolitical problems, and technology turns out to be pretty much the only solution in most cases, if not all.