IIT Madras incubated chip start-up, Mindgrove Technologies, plans to commercially launch its second System on Chip (SoC), named V2600, by late 2026.
The chip is purpose-built for CCTV and surveillance applications with edge AI functionality, where AI-based video processing and decision-making occurs on the SoC itself.
The new chips are the first among a family of chips designed for various vision applications, including CCTV, automotive dashcams, machine vision for industrial automation, biometric access control, smart TVs and other connected consumer devices. Their edge decision-making capabilities reduce the reliance on cloud infrastructure.
“Vision systems are rapidly becoming foundational to security, mobility, and industrial automation, leading to an explosion in demand. With the MG Vision series of SoCs, we are responding to the growing global demand for trusted alternatives in surveillance and vision-led systems. Security is built directly into the silicon, ensuring visual data remains protected from capture through processing,” said Shashwath T R, Co-founder & CEO of Mindgrove Technologies.
“The MG Vision SoC series has been designed to handle complex vision workloads directly at the edge, where latency, reliability, and data security are critical. By tightly integrating compute, vision processing, and hardware-level security, we enable developers to build high-performance vision applications without exposing sensitive data to the cloud,” Sharan Srinivas J, Co-founder & CTO of Mindgrove Technologies, said.
Published on January 27, 2026
