The Company was incorporated as 'CWD Innovation Private Limited' on May 30, 2016 under the Companies Act, 2013 with the Registrar of Companies, Mumbai. The status of the Company was changed to Public
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Limited and the name of Company got changed to CWD Innovation Limited vide Special Resolution dated January 30, 2021. The fresh Certificate of Incorporation consequent to conversion was issued on February 18, 2021 by the Registrar of Companies, Mumbai. Further, the name of Company was changed to 'CWD Limited' vide Special Resolution passed by Shareholders of the Company in their Meeting held on July 24, 2021 and a fresh Certificate of Incorporation consequent to change of name was granted to the Company on August 11, 2021, by the Registrar of Companies, Mumbai. Mr. S. Siddhartha Xavier and Mr. Tejas Kothari are Company Promoters who have approximately 20 years of experience.
CWD stands for Connected Wireless Devices. The Company is Information and Communication Technology (ICT) based company that designs, develop, manufactures and sells integrated solutions combining the power of software and electronics. All products that are designed and developed in the Company are focused on wireless technologies either on short range radio technology like NFC, Bluetooth BLE, WiFi, Zigbee; mid range systems like LORA or long range communication systems like 5G LTE, NB-IOT, LTE CAT M1 etc.
To carry out businesses in different location within India and abroad, Company have 3 subsidiaries namely CWD Manufacturing Pvt. Ltd. (CMPL) having its registered office in Mumbai, India, CWD Innovations HK Limited (CIHKL) having registered office in Hong Kong and SDG Global Private Limited (SGPL) having registered office in Mumbai, India.
CWD operates mainly through Consumer Electronics and Design and Development of Technology Solutions for various enterprises and businesses. The diversified product portfolio includes Smart Medical Consumer Electronics, Products for Vaccine Tracking and Delivery, Tracking devices for Farm Cattle that monitor both movement and health, Electronics for converting Electric Power meter into a Smart Power meter, Employee Safety and Identity Solutions, Electronics that once embedded provide smart lighting capabilities to enterprises and consumers reducing their costs, Bluetooth Low Energy Modules that can be used across various white goods and projects etc. The comprehensive suite of innovative technology allows the Company to attract new customers and expand existing customer relationships.
The Company is registered as a start-up with MSME/ DIPP bearing to provide innovative, cost-effective, and comprehensive solutions and products with strategic partnerships for best engineering, support and distribution of products. The Company is a fully integrated end-to-end integrated solution provider and original equipment manufacturers (OEMs) with capabilities ranging from global sourcing, manufacturing, quality testing, packaging, and logistics. CWD is an innovation-driven company with strong focus on research and development (R&D), which allows to develop new products and helping them to stay ahead of the curve. The Company develop and design products in-house at its own R&D unit. It manufacture and supply these product to customers globally who in turn distribute them under their own brands.
The Company has developed R&D capabilities that include electronics hardware designing, system architecture, mechanical and product designing, prototyping, and testing. Apart from undertaking designing, Company also assist customers in cost reduction through product engineering. The R&D centre is equipped with technology and instruments to assist R&D team in effective designing and testing of products. Some of the key instruments include 3D printers for quick prototyping, low power high sensitivity current measurement, design software like Fusion 360 and PCB design software.
The Company continuously explore tie-ups with technology leaders in products domain to deliver high quality and technologically advanced products at competitive prices to customers. The Company has entered into agreements with some of the partners across IOT product segments. It compete with competitors across a range of factors, including, among others, high-quality content, development staff, technology stack and data analytics capabilities, scope and quality of product and service offerings, user experience, and brand recognition.
The Company has established strict quality control systems, which are designed to ensure quality product design, production efficiency and high yields at manufacturing facilities. These controls are followed for each vertical and managed by a team dedicated to quality management. The Company carry out customer designated tests as well. Quality checks are undertaken at various stages, including for raw material and components, at packaging and lastly, a quality check is undertaken prior to dispatch of products.
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