ElectroSolve

What ElectroSolve does

ElectroSolve is an India-based, privately held provider of electronic test, inspection, and automation solutions for printed circuit board assembly (PCBA) manufacturers, headquartered in Bangalore with field personnel in Chennai, Pune, and New Delhi, and business development offices in the USA and Singapore. The company markets a portfolio centered on Manufacturing Defect Analysis (JET-3000), In-Circuit Test and Functional Test (COMPACT NEXT>), Flying Probe Test (PILOT NEXT> including PILOT V8/V4/H4/BT), Battery Test solutions for EV applications (PILOT BT), Boundary Scan / JTAG test (ScanWorks via ASSET Intertech), Automated Optical Inspection (AV 862), Conformal Coating Inspection (Dragonfly CC NEXT>), Laser Selective Soldering (Firefly NEXT>), and Strain Measurement (E-Logger). Most platforms are sourced from international principals — notably Seica (Italy), ASSET Intertech (USA), JET Technologies (Taiwan), and MemsTec — and resold or integrated in India, with the Seica VIVA NEXT> software acting as the common control environment across compatible systems.

ElectroSolve monetizes through hardware resale of these platforms, custom ICT fixture development from CAD data, and engineering services covering functional/EOL test development, on-board programming, and system integration. Its go-to-market is direct enterprise field sales addressing electronics OEMs across verticals including Defence, Automotive (including EV battery testing), Medical Electronics, Aerospace, and broader contract manufacturing. Named end customers include Alcatel, Flextronics, HCL, Honeywell, L&T, and NCR. Pricing is quote-based with no public list pricing.

From a competitive standpoint, ElectroSolve is best understood as a value-added channel partner rather than an OEM. Differentiation rests on its distribution rights from Seica, ASSET, JET, and MemsTec for India, its 30+ years of combined team experience in high-reliability sectors, and its ability to deliver design/engineering/development services around imported platforms — including custom fixtures, LabVIEW- or Python-based test sequences, and MES integration. The model yields limited recurring software revenue and makes revenue trajectory and margins sensitive to principal pricing, import dynamics, and capex cycles of Indian electronics manufacturers.

Name

ElectroSolve

Legal name

ElectroSolve

Website

https://electrosolve.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

ElectroSolve is an India-based distributor and integrator of electronic test, inspection, and automation equipment — including flying probe, ICT, boundary scan, AOI, laser soldering, and EV battery testers — sourced from global principals such as Seica, ASSET Intertech, and JET Technologies, and sold primarily to electronics manufacturers in Defence, Automotive, Medical, and Aerospace sectors.

Ownership category

akta.pro rank

Product category

Electronic Test & Inspection Equipment

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Other Measuring and Controlling Device Manufacturing (334519), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823), Services-Testing Laboratories (8734), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Test, Probe & Burn-In Equipment (Wafer Sort/Final Test) (HDAHAEAJ)

akta.pro secondary industry

Third-Party Certification, Code Compliance & Regulatory Inspection (ASME/API/ISO) (EUAEAHAN)

Keywords

• PCB test equipment
• Flying probe testers
• Automated optical inspection
• In-circuit test systems
• Electronic manufacturing solutions

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Test Equipment Sales: Sale of electronic test and inspection equipment including PCB testers, flying probe testers, boundary scan testers, optical inspection systems, and laser soldering equipment. Products sourced from international principals (Seica, ASSET, JET Technologies, MemsTec) and sold to Indian electronics manufacturing customers.
2. Custom Fixture Development: Design and development of custom test fixtures for ICT platforms (HP/Agilent, Teradyne, Genrad, Seica, JET). Includes relay boards, DAQ cards, LabView-based GUI software, and pneumatic/manual control fixtures.
3. Test Solutions & Engineering Services: Comprehensive test solutions including functional test/EOL test development, on-board programming, and engineering support. Customer requirements are studied and appropriate test platforms are suggested and implemented.
4. ICT Fixture Development: Custom ICT fixtures developed from CAD data of PCBAs. Supports vacuum and pneumatic fixtures, single and dual stage configurations for various ICT platforms.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

ElectroSolve designs, distributes, and integrates electronic test, inspection, and automation solutions for PCB and electronics manufacturing. The company sources test and inspection platforms from global principals including Seica, ASSET Intertech, JET Technologies, and MemsTec, and delivers them to Indian electronics manufacturers along with custom engineering services such as ICT fixture development, functional/EOL test development, and system integration. Its portfolio spans in-circuit testers, flying probe testers, boundary scan testers, automated optical inspection, conformal coating inspection, laser soldering, strain measurement, and EV battery testing equipment.

Product overview

ElectroSolve offers a comprehensive portfolio of test, inspection, and automation solutions for electronics manufacturing industries at PCBA, sub-assembly, and system levels. The product portfolio centers on two main categories: Test Solutions including the JET-3000 Manufacturing Defect Analyzer, COMPACT NEXT> In-circuit & Functional Testers, PILOT NEXT> Flying Probe Testers, PILOT BT Battery Testers for EV applications, ScanWorks Boundary Scan Testers, and FlashRunner In-System Programmers; and Inspection Solutions including 3D Optical Video Inspection Microscopes, AV 862 Series Automated Optical Inspection, Dragonfly CC NEXT> Conformal Coating Inspection, and Solder Paste Inspection Systems. Additional offerings include Laser Soldering (Firefly NEXT>), Strain Measurement (Elogger), Functional/EOL Testers, Universal Cable Harness Testers, ICT Fixtures, and PCB Handling Solutions. Products are sourced from principals including JET Technologies (Taiwan), Seica (Italy), ASSET Intertech, and MemsTec, with the VIVA NEXT> software platform serving as the common control environment across Seica systems.

Differentiator

Problem solved

Functional benefit

Products and services

• JET-3000 PCB Manufacturing Tester Manufacturing Defect Analysis tester that measures impedance of all electronic components on assembled PCBs, detecting shorts and opens and testing resistors, capacitors, inductors, diodes, transistors, FETs, SCRs, Zeners, and LEDs. Features a Reed relay-based scanner board with high withstanding voltages and durability of up to 200 million test cycles. Used by electronics manufacturers for PCBA-level quality control.
• COMPACT NEXT> In-Circuit & Functional Tester Configurable test platform for in-line or manual automated In-Circuit Test (ICT), flash programming, functional/EOL, and Run-in tests. Supports parallel testing of up to 4 boards simultaneously and includes an ACL module based on DSP technology with independent D/A and A/D converters. Targeted at electronics manufacturers requiring flexible PCBA testing.
• PILOT NEXT> Flying Probe Tester Flying probe test platform (PILOT V8, V4, H4, BT) for complex PCBA testing including 01005 and 03015 metric components. Supports simultaneous double-side testing, Industry 4.0 integration, and the VIVA NEXT> software platform. Eliminates fixturing costs and enables fast test program development for electronics manufacturers.
• PILOT BT Battery Tester Flying probe system designed for testing full-size EV lithium-ion battery packs with up to 4 independent test heads, measuring bonding resistance with 1 μΩ resolution. Achieves high production rates of nearly 2,400 battery cells per minute. Targeted at automotive and EV battery manufacturers.
• ScanWorks Boundary Scan Tester JTAG/boundary scan testing solution based on IEEE 1149.1 standard for testing complex PCBs with high pin count ICs by accessing only 4-5 pins. Enables parallel testing and programming of up to 128 boards simultaneously. Targeted at manufacturers of complex digital PCBs in defence, aerospace, and high-reliability sectors.
• FlashRunner In-System Programmer Universal production In-System Programmer for programming microcontrollers and devices while soldered to PCBs. Supports multiple device manufacturers with fast programming time and reliable data integrity. Used by electronics manufacturers for on-board programming during PCBA production.
• Functional / EOL Testers Functional Test and End-of-Line (EOL) Test solutions with custom relay boards, DAQ cards, LabView-based GUI software, and pneumatic or manual control fixtures for accessing test points. Targeted at electronics manufacturers requiring system-level functional verification and end-of-line testing.
• Elogger Strain Measurement System Printed wiring board strain testing system for measuring strain and strain rate levels on PCBs during SMT assembly, test, and operation. Meets IPC/JEDEC 9704 & 9702 standards with high-speed sampling rate up to 50K Hz per channel and simultaneous sampling. Used by electronics manufacturers for reliability and process control.
• Universal Cable Harness Tester Cable harness testing system with 128/256/512 test points supporting Open/Short/Conductance tests, resistance/capacitance/diode testing, DC Hi-pot insulation tests, and high-speed intermittent testing. Targeted at electronics and electrical equipment manufacturers requiring cable harness validation.
• 3D Optical Video Inspection Microscope 3D-SVM range of microscopes with 2D/3D image switching, 360-degree manual rotation, 10X-160X magnification, and HDMI camera for PCB and electronic component inspection. Targeted at electronics manufacturers and labs requiring high-magnification visual inspection of PCBs and components.
• AV 862 Series Automated Optical Inspection Automated optical inspection system using image-based and algorithm analysis for precise inspection of PCB assemblies. Detects component presence/absence and solder defects with high-definition color cameras. Used by electronics manufacturers for automated visual quality control.
• Dragonfly CC NEXT> Conformal Coating Inspection Conformal coating inspection system using multi-colored LED and UV-LED lighting with a color line scan camera for lacquer inspection and fault detection. Industry 4.0 ready with industrial monitoring for predictive maintenance. Typical payback period of 8-12 months. Targeted at electronics manufacturers requiring conformal coating verification on PCBs.
• Solder Paste Inspection System 2D camera-based solder height inspector with laser-based inspection method for measuring thickness, length, width, area, and volume of solder paste deposits. Targeted at electronics manufacturers requiring solder paste quality verification before reflow.
• Firefly NEXT> Laser Selective Soldering Laser selective soldering system with orthogonal laser beam and donut spot technology for clean, efficient soldering. Features VIVA software, process traceability through video recording and thermal profiles, and Industry 4.0 compatibility. Targeted at electronics manufacturers requiring precision selective soldering.
• ICT Fixture Development Custom test fixtures developed from CAD data of PCBAs for ICT systems supporting HP/Agilent, Teradyne, Genrad, Seica, and JET platforms. Available in vacuum/pneumatic and single/dual stage configurations. Targeted at electronics manufacturers requiring custom ICT fixtures for their production lines.
• PCB Handling Solutions Automated PCB handling equipment for integration into production lines. Targeted at electronics manufacturers requiring automated PCB transport and handling within their assembly lines.

Quantifiable outcome

• Reed relays can withstand up to 200 million-time testing durability
• +3 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature9 records

Partnerships

Three partnerships are on record, tiered core.

• ASSET Intertech Inc.coreTechnology or IntegrationASSET Intertech Inc. (USA) provides ScanWorks boundary-scan test solutions to ElectroSolve. ElectroSolve offers RIC-1400 BST hardware for Boundary Scan Testing. ScanWorks provides JTAG/IEEE 1149.1 compliant testing for complex PCBs with digital components, PLD/FPGA, microcontrollers, flash devices, and DDR. The partnership enables parallel testing and programming of up to 128 boards simultaneously.
• SEICAcoreTechnology or IntegrationSEICA provides comprehensive test solutions including PILOT NEXT> flying probe testers, COMPACT NEXT> in-circuit testers, Dragonfly CC NEXT> conformal coating inspection, and PILOT BT battery test systems for EV batteries. ElectroSolve offers these solutions in India, including the Firefly NEXT> laser selective soldering systems. SEICA is a major technology partner providing the core testing platforms.
• JET Technologies, TaiwancoreTechnology or IntegrationJET Technologies from Taiwan provides the JET-3000 PCB Manufacturing Defect Analysis tester. This is ElectroSolve's primary ICT/MDA platform for testing assembled PCBs, measuring impedance of components, detecting shorts/opens, and verifying R, C, L, diodes, transistors, FETs, and other components. JET-3000 features Reed relay-based scanner boards.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Emerging players

• Pemtron Co., Ltd. Korean manufacturer of 3D SPI, 3D AOI, and semiconductor inspection tools with growing presence in Asia. Comparable as a smaller-but-growing AOI alternative that Indian distributors can add to their portfolio, putting it in a similar competitive set as the inspection OEMs represented by ElectroSolve.
• CyberOptics Corporation: US-based developer of optical inspection and 3D sensing solutions for electronics and semiconductor packaging. Comparable as a niche inspection-technology player whose optical/laser measurement approach parallels components of ElectroSolve's inspection portfolio.

Broad incumbents

• Keysight Technologies: US-headquartered manufacturer of electronic test & measurement instruments, oscilloscopes, and bench/automated test systems. Comparable as a broad incumbent in industrial test & measurement — adjacent to, rather than direct overlap with, ElectroSolve's PCBA test focus.
• Test Research, Inc. (TRI): Taiwan-based manufacturer of AOI, X-ray inspection, ICT and factory-automation solutions for PCB and semiconductor assembly. Comparable because its product portfolio directly overlaps ElectroSolve's inspection/test equipment categories (AOI, ICT, conformal-coat) and it sells through Asian channel partners into EMS customers.
• Saki Corporation: Japanese-headquartered manufacturer of 3D AOI, 3D X-ray, and bottom-side AOI systems. Comparable because it competes in the same PCBA inspection category that ElectroSolve represents in India via SEICA and other partners, serving automotive, aerospace and consumer EMS customers.
• Koh Young Technology: South-Korean-headquartered leader in 3D SPI and 3D AOI for PCB assembly. Directly comparable as both companies sell through India/Asia distributors to EMS manufacturers for solder-paste and post-reflow inspection — overlapping with ElectroSolve's AV 862 AOI and solder paste inspection SKUs.
• Mirtec Co., Ltd. Korean manufacturer of 3D AOI, X-ray and ICT solutions. Directly comparable as an Asian-origin incumbent whose products compete with the inspection and in-circuit test portfolio ElectroSolve integrates into Indian EMS lines.
• Teradyne, Inc. US-listed manufacturer of in-circuit test, flying probe, and semiconductor test equipment (incl. the legacy Genrad and Teradyne ICT platforms explicitly referenced in ElectroSolve's fixture-development offering). Comparable because Teradyne platforms anchor much of the world's high-volume EMS test capacity and ElectroSolve actively supports them with custom fixtures.
• Viscom AG: German-headquartered manufacturer of AOI, AXI (X-ray), and conformal coating inspection systems for high-reliability electronics. Comparable as a premium European incumbent focused on automotive/aerospace inspection — directly overlapping ElectroSolve's conformal coating and AOI value proposition for those verticals.

Direct peers

• Seica SpA: Italian-headquartered manufacturer of PILOT NEXT> flying probe, COMPACT NEXT> ICT, Dragonfly conformal coating, Firefly laser soldering and PILOT BT battery test systems. Seica is simultaneously ElectroSolve's primary principal and a direct competitor in markets where it sells its own solutions — making it the closest product-and-category comparable.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ElectroSolve