Spirelia Innovation

AI-Powered Technology Forecasting & Innovation Platform

Dr. Bala Ramadurai (for Team Spirelia)

March 2026

Company Introduction

Spirelia Innovation Pvt. Ltd.

"Innovate with Confidence, Powered by Insight"

S R I S H T I — The AI-Native Innovation Platform

🔭

Utkarsha

Technology Forecasting
& Roadmapping

MVP LIVE

🔬

Uttishta

AI Inventor's
Assistant

IN PIPELINE

💡

Karmaja

Structured Innovation
& Idea Generation

VISION

🛡️

Narasimha

IP Capture &
Protection

VISION

⚙️

Ananta

Rapid
Prototyping

VISION

Pre-incubated at Nirmaan, IIT Madras | OIE Seed Grant Recipient

[SLIDE 1 — 30 seconds | 3 clicks] On entry: Logo, company name, and tagline visible.

Good morning. I'm Bala Ramadurai — B.Tech IIT Madras, PhD Arizona State, Marie Curie Fellow, and former GE Research scientist. I've spent twenty years in industry and academia asking one question: why do brilliant engineering teams keep making bad technology bets?

Spirelia was born to answer that question.

[CLICK 1 → SRISHTI banner appears] We're building SRISHTI — an AI-native innovation platform.

[CLICK 2 → All 5 product cards appear] Five products in the vision. But today I want to talk about one — Utkarsha. [point to the highlighted card on the left] It's live. MVP deployed. The world's first AI platform for structured technology forecasting.

[CLICK 3 → "Pre-incubated at Nirmaan | OIE Seed Grant" appears] We came through Nirmaan pre-incubation and received the OIE Seed Grant — so IITM already has skin in this story.

Let me introduce who's building this.

Founding Team & Shareholding

Dr. Bala Ramadurai CEO & PI — 50% PhD ASU, B.Tech IIT Madras
Marie Curie Fellow (Milan)
GE Research Scientist
4 Books incl. FORMAT Handbook
110K+ students, 3 US Patents

Anupratee Bharadwaj CTO — 25% IIT Madras BS (Student)
Full-stack AI/ML engineering
React, TypeScript, Python
Led 8+ member dev teams
Azure Data certified

Dr. Murali Loganathan Sales & Research — 12.5% PhD IISc Bangalore
PwC, Mindtree, Target Accelerator, PrivateCircle
TRIZ India founder
IISc faculty

Neelmegh R Mentor & Head, IP — 12.5% MBA IIM Bangalore
GE, Baker Hughes
Entrepreneur, Patent &
Competitive Intelligence
PMP, Six Sigma GB

Combined: 2 PhDs, 60+ years industry experience, 50+ enterprise clients, 3 US Patents, 40+ patent applications
Shareholding: Dr. Bala Ramadurai (50%) | Anupratee (25%) | Murali & Neel (12.5% each) | Incorporated 2025

[SLIDE 2 — 40 seconds | 2 clicks] On entry: Empty slide with title only.

This is not a team that decided to build a startup and then went looking for a problem. This is the opposite.

[CLICK 1 → All 4 team cards with headshots appear] [gesture left to right across the four faces]

I co-authored the FORMAT methodology handbook under the EU's Seventh Framework Programme — the same methodology used by Rolls-Royce, Airbus, and NATO for technology planning. I've trained over a hundred thousand students and practitioners globally, including scientists at DRDO.

Anupratee — [point to her card] a current IIT Madras BS student — built the entire platform as CTO. She's the reason this isn't a PowerPoint. It's a live product.

Murali [point] founded TRIZ India fourteen years ago — systematic innovation methodology, deep IISc and IIT connections. Neelmegh [point] — over forty patents drafted at Baker Hughes and GE. He runs our IP strategy.

[CLICK 2 → Combined stats + shareholding bar appears] Between us — two PhDs, sixty years of industry experience, three US patents, fifty-plus enterprise clients. Shareholding is clear: I hold fifty percent, Anupratee twenty-five, Murali and Neel twelve-and-a-half each.

And every single one of us has sat across a table from an R&D head who was making a hundred-crore technology decision based on… [pause — don't finish the sentence. advance to next slide]

The Problem

67%

of R&D projects miss deadlines with 16-500% cost overruns

₹2,839 Cr

Kaveri engine cost overrun
— one bad technology forecast

Spreadsheets

How ₹100Cr+ tech bets
are made today

No structured AI platform for tech forecasting exists — globally.

[SLIDE 3 — 50 seconds | 3 clicks] On entry: Blank slide with "THE PROBLEM" title. Let the silence build for one beat.

…spreadsheets. [let the word hang for 2 seconds — the audience is completing the sentence from the previous slide]

[CLICK 1 → Giant "67%" stat appears] Sixty-seven percent of R&D projects in India miss their deadlines. Not by weeks — by years. With cost overruns ranging from sixteen to five hundred percent. That's not my opinion — that's the Comptroller and Auditor General of India, auditing DRDO programmes. [pause — let the number sink in]

[CLICK 2 → Kaveri ₹2,839 Cr + Spreadsheets cards appear side by side] [point to the left card] The Kaveri jet engine. India's attempt to build an indigenous fighter engine. Two thousand eight hundred and thirty-nine crore rupees in cost overruns. One programme. One bad technology forecast. One moment where someone looked at the maturity of a critical technology and got it wrong — and the entire programme spiralled for two decades.

[point to the right card] And how are these decisions being made today? [pause] Spreadsheets. Gut feel. A consultant's opinion at a crore a pop. A Gartner report that tells you what's trending globally but nothing about YOUR technology stack, YOUR architecture, YOUR constraints.

[CLICK 3 → Red banner: "No structured AI platform…" appears] [lower your voice slightly — this is the punchline, not a shout] There is no structured AI platform for technology forecasting. Not in India. Not globally. Not one.

That's the gap we're filling.

Our Solution: Utkarsha AI

FORMAT + ATRA

EU FP7 & MIT methodologies
World's only integrated platform

AI-Driven

Extracts drivers, builds S-curves
Generates scenarios automatically

What-If Analysis

Architecture-aware roadmaps
Delay impact simulation

Air-Gapped

On-premise deployment
Your data never leaves your network

Live Demo: utkarsha.spirelia.com | What takes consultants months, analysts do in weeks

[SLIDE 4 — 40 seconds | 3 clicks] On entry: Title "Our Solution: Utkarsha AI" only. Shift your energy — you've just built tension, now you're releasing it. Confident, not salesy.

Utkarsha is built on two methodologies that have never been combined in software before.

[CLICK 1 → Top row: FORMAT+ATRA card + AI-Driven card appear] [point left] FORMAT — Foresight and Roadmapping for Advanced Technologies — developed under the EU's Seventh Framework Programme with twelve partner organisations including Rolls-Royce and Airbus. I co-authored the practitioner's handbook. [point right] The AI extracts drivers — social, technological, economic, environmental, political. It builds S-curves from real data. It generates scenarios automatically.

[CLICK 2 → Bottom row: What-If Analysis card + Air-Gapped card appear] [point left] ATRA — from MIT — decomposes complex systems into architecture layers. You can simulate what happens if a critical technology is delayed by two years. [point right — slow down, this is the killer line] And it runs entirely on-premise. Air-gapped. Your data never leaves your network. No cloud. No API calls to OpenAI. Your classified programme stays classified.

[CLICK 3 → Demo link + "months to weeks" footer appears] What takes a consulting firm months, an analyst with Utkarsha can do in weeks. And it's live — let me show you.

Product Platform

utkarsha.spirelia.com — Live Pre-Alpha

Project Dashboard

FORMAT Methodology Flow

AI-Powered Report Generation

[SLIDE 5 — 20 seconds | 3 clicks] On entry: "utkarsha.spirelia.com — Live Pre-Alpha" header. No images yet. This is the "proof it's real" moment.

This is not a pitch deck product. This is a live platform.

[CLICK 1 → Dashboard screenshot appears] [point] Project dashboard — manage multiple forecasting projects side by side.

[CLICK 2 → FORMAT flow screenshot appears] [point] The FORMAT methodology in action — structured, step-by-step, not a blank ChatGPT prompt.

[CLICK 3 → Report generation screenshot appears] [point] And AI-powered report generation — professional PDF outputs that an R&D head can take straight to a review meeting.

[read the room — if panel looks engaged, say:] I'm happy to do a quick live demo at the end if you'd like to see it in action.

We shipped this in nine months with a two-person core dev team. Let me show you the traction.

Product Traction & TRL

TRL 6

Demonstrated in
relevant environment

50+

Features
shipped

Customer
demos

20+

Internal mock
demos

Jun-Sep '25

Uttishta AI
5 sprints · Patent ingestion
Multi-agent research · Chat

Nov '25

Utkarsha MVP
FORMAT workflow
Auth · Chat UI

Dec '25

ATRA System
9 features · Arch decomp
What-if analysis

Jan '26

AI Coaching
Inline suggestions
Report gen (PDF/DOCX)

Feb '26

OIE Seed Grant ₹5L
Customer demo
delivered

Secure · Customizable · On-Premise Ready

[SLIDE 6 — 35 seconds | 6 clicks] On entry: Title only. Build momentum — each click adds proof.

[CLICK 1 → TRL 6 card appears] TRL 6 — demonstrated in a relevant environment. Not a lab prototype. We've shown this to actual defence R&D decision-makers.

[CLICK 2 → 50+ features card appears] Fifty-plus features shipped.

[CLICK 3 → 4 customer demos card appears] Four customer demos with real buyers.

[CLICK 4 → 20+ internal demos card appears] Over twenty internal demos stress-testing the platform.

[CLICK 5 → Full timeline with 5 milestone nodes appears] [trace the timeline left to right with your hand] Look at the velocity. June 2025, we started with Uttishta — patent AI. November, Utkarsha MVP goes live — FORMAT workflow, authentication, chat UI. December, the full ATRA system — nine features in one sprint, architecture decomposition, what-if analysis. January, AI coaching and report generation. February, OIE seed grant and our first customer demo delivered.

Nine months. Two core developers. Idea to TRL 6.

[CLICK 6 → "Secure · Customizable · On-Premise Ready" footer appears] The tech stack is deliberate — Docker, local LLMs, PostgreSQL. No cloud lock-in. We can ship this inside a DRDO lab tomorrow.

Now — who else is doing this?

Competitive Landscape

	Delivery	AI Native	Air-Gap	FORMAT+ATRA	Forecasting
Spirelia	Self-serve platform	✅	✅	✅	✅
Gartner/Forrester	Analyst reports	❌	❌	❌	Reports only
McKinsey/BCG	Project consulting	❌	❌	❌	Consulting
ChatGPT/Generic AI	Chat interface	✅	❌	❌	Unstructured

Already trained ~200 DRDO scientists on these methods — now offering tech to help them innovate

Generic models do not cut it for different innovation teams and methods

[SLIDE 7 — 25 seconds | 3 clicks] On entry: Title only. Answer the question you just posed.

Nobody. [one beat of silence]

[CLICK 1 → Full comparison table appears (Spirelia row highlighted, competitors below)] [don't read every cell — scan and narrate] Five columns that matter. Look at the Spirelia row — self-serve platform, AI-native, air-gap capable, FORMAT plus ATRA, full forecasting. Five green ticks.

Now look below. Gartner? Analyst reports at fifty lakhs a year. No platform, no AI, not your technology. McKinsey? A crore-plus engagement — brilliant people, but the knowledge walks out when the project ends. ChatGPT? [point to its row] One green tick. It can chat. But it hallucinates, it has no structured methodology, and it absolutely cannot run inside a classified network.

[CLICK 2 → "Already trained ~200 DRDO scientists" line appears] And here's the thing — we've already trained two hundred DRDO scientists on these methods. Now we're giving them the technology to actually use what we taught them.

[CLICK 3 → "Generic models do not cut it" line appears in red] Generic models do not cut it. Different innovation teams need different methods. That's our moat — FORMAT has roughly fifty practitioners globally. ATRA even fewer. The combination exists nowhere else.

Go-to-Market Strategy

Phase 1 (2026-27)
Defense anchor contract
Customer demos
Content strategy

Phase 2 (2027-28)
PSUs and Private sector, GCCs in India
VCs
Self-service SaaS

Phase 3 (2028+)
Specialized applications
Global OEMs
Hyper-scaling partners (IT Services and Consulting)

Revenue Roadmap

Year 1 (2026)

₹42-65L

PSU PoC + Seed Grant

Year 2 (2027)

₹1-2 Cr

PSUs + 5 GCCs

Year 3 (2028)

₹3-8 Cr

Enterprise SaaS + International

Revenue Streams

🏛️ Beachhead	Contracts across technology/IP teams in government and private sector companies
💼 Enterprise	Consulting-led Enterprise SaaS
🚀 Scale	Hyper-scaling partnerships

[SLIDE 9 — 20 seconds | 2 clicks] On entry: Title only. Let the numbers speak.

[CLICK 1 → Year 1 / Year 2 / Year 3 revenue cards appear] The numbers. [point left to right] Year one — forty-two to sixty-five lakhs. PSU proof-of-concept plus the seed grant we already have. Year two — one to two crore — PSU contracts and five GCC customers. Year three — three to eight crore as we go enterprise SaaS and international.

[CLICK 2 → Revenue streams table appears] Three streams. Beachhead contracts with government and private sector. Consulting-led enterprise SaaS. And hyper-scaling partnerships where we license the platform.

On-premise deployments have near-zero marginal cost — the customer provides the hardware, we provide Docker containers. SaaS margins are seventy to eighty percent. Three to five enterprise customers gets us to breakeven.

[Q&A PREP — don't say these now, but have ready:]

Burn rate: ₹6-7L/month
Breakeven: ~₹75-80L revenue
Comparable EBITDA: Freshworks 22%, Zoho 35-40%
PSU payment cycles: 90-120 days, managed via consulting revenue bridge

Ask from IITM Incubation Cell

Mentorship & Networks

GTM Mentorship
IITM research connects in defence tech and deep tech companies
Government and Public sector procurement

Funding Access

$66M IITM Deeptech Fund access
Seed: ₹25-50L for team + infra

Global Expansion

Dubai: IITM Global + MCA Gulf launchpad
Germany: TU Dresden transCampus

IITM Incubation = Direct pathway to Dubai & EU markets

Talent pipeline | Research Park credibility | Deep tech VC access

[SLIDE 10 — 30 seconds | 4 clicks] On entry: Title only. Slow back down — this is the close. Look the committee in the eyes.

Here's what we need from IITM Incubation — and why it's a two-way street.

[CLICK 1 → Mentorship & Networks box appears] [point to it] GTM mentorship and — most critically — your research connections into defence tech and deep tech companies. One warm introduction from IITM Research Park to an R&D head at HAL or ISRO is worth six months of cold outreach. You have those relationships. We have the product they need.

[CLICK 2 → Funding Access box appears] [point] Access to the sixty-six million dollar IITM Deeptech Fund. And seed capital of twenty-five to fifty lakhs — that's runway for two key hires and the infrastructure to scale demos.

[CLICK 3 → Global Expansion box appears] [point — lean in slightly, this is the exciting part] Dubai through IITM Global and the MCA Gulf launchpad. Germany through the TU Dresden transCampus — my Marie Curie connections.

[CLICK 4 → Red banner: "IITM Incubation = Direct pathway to Dubai & EU markets" appears] [let the banner land] IITM Incubation becomes a direct pathway for a homegrown deep tech company into Dubai and EU markets. Talent pipeline, Research Park credibility, deep tech VC access. That's a story worth telling.

[If asked "what's the ONE thing?": Warm introductions to PSU R&D heads. Everything else we can bootstrap.]

Thank You

Spirelia Innovation

"Innovate with Confidence, Powered by Insight"

🌐 utkarsha.spirelia.com | 🌐 spirelia.com
📧 bala@spirelia.com
📱 Dr. Bala Ramadurai

Nirmaan Pre-incubated | OIE Seed Grant Recipient

[SLIDE 11 — 15 seconds | 0 clicks] On entry: Full slide visible — logo, links, contact. No animations. This is all you.

[pause one beat before speaking — let the transition settle]

India is building its own fighter jets, its own semiconductors, its own space programme. Every one of those programmes needs to get technology forecasting right — or we get another Kaveri. Another decade lost. Another thousand crores burned.

We built the platform. We have the methodology. We have the team. We need IITM to help us put it in the hands of the people who need it most.

[look directly at the committee] Thank you. I'm happy to take questions — or do a live demo right now.

[hold eye contact. don't rush to fill the silence. let them come to you.]

[Q&A PREP — don't volunteer these, but have loaded and ready:]

"What's your burn rate?" — ₹6-7L/month. Lean team, no fancy office.
"Who's your first paying customer?" — Four demos delivered, pipeline building. Defence procurement is 6-12 months. That's why the anchor contract strategy.
"Why not just use ChatGPT?" — Can ChatGPT run air-gapped? Fit an S-curve from patent data? Decompose a system architecture? It's a conversation tool. Utkarsha is a forecasting system.
"What's your IP strategy?" — Neelmegh runs IP. Trade secret moat around FORMAT+ATRA integration. Patent filing planned for AI-driven architecture decomposition method.
"What if a big player copies you?" — FORMAT has ~50 practitioners globally. The methodology expertise IS the moat. You can't copy what you can't practice.
"Full-time commitment?" — Bala and Anupratee full-time. Murali and Neelmegh active co-founders, plan to go full-time post-seed.