12-09-2013, 03:42 PM
De Core Science & Technologies Limited
Project Details
De Core is India’s first manufacturer of Ultra High Brightness Light Emitting Diodes chips and applications. The company is promoted by Mr. Deepak Loomba, a technologist holding over 15 patents, and the company has set up LED applications manufacturing facility in India.
LEDs are expected to fast replace conventional light sources owing to their extremely high energy efficiency and long life. High costs and low application quality has withheld large scale penetration of LEDs in lighting until now. The De Core group, with superior application quality and manufacturing facilities in India, aims to bring LED based products to the masses. De Core has the right mix of technology, both homegrown and licensed from foreign players, as well as operational and marketing capabilities to grow with the emerging demands of energy efficient sources.
IFCI Venture Capital is an early stage investor in De Core, providing it capital and technology commercialization expertise to achieve the vision of its founders.