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Chandigarh University Researcher Gets Patent for Innovative ‘Vehicle Security System’ to Combat Rising Vehicle Theft Cases

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Researcher Develops Intelligent Anti-Theft Vehicle Security System Combining Sensors, Cameras, GPS & Intruder Detection

CHANDIGARH, India, July 29, 2026 /PRNewswire/ — Chandigarh University Researcher, Prof Ashish Sharma, has been granted design patent for his innovative smart vehicle security system that detects intruders, captures their photos and videos, tracks the vehicle’s location, and instantly alerts the owner through a mobile phone.

A faculty member from Department of Electronics and Communication Engineering, Prof Sharma’s invention, a vehicle security system for vehicles, helps protect a car from theft and unauthorized access. The patented innovation, titled ‘Vehicle Security System’ was developed by Prof Sharma who filed the patent in 2019. The patent has been officially granted by the Union government’s Patent Office in 2026.

Prof Sharma said, “The ‘Smart Vehicle Security System’ is designed to use motion sensors to detect when a person comes near the vehicle using the ‘Smart Vehicle Security System’, the Motion sensors detect the person’s presence. If the person touches or tries to force open the vehicle, force sensors detect it. Cameras automatically capture photos and videos of the concerned person. The system also has a GPS tracker that continuously monitors the vehicle’s location. The system sends an alert, images, videos, and location to the owner’s mobile phone.”

“Motor vehicle theft in India has become a common phenomenon in India with over 2.33 lakh vehicle theft cases getting reported in India during 2024, as per the ‘Crime in India 2024’ report recently released by the National Crime Records Bureau. Over 5600 cases of theft from vehicles were also reported in 2024. Over 70 % of stolen vehicles are never recovered and never return to their owners as the overall recovery rates for stolen vehicles in India ranged between 25 to 30%. For two‑wheelers, detection rate remains below 27%.  According to a report by insurance firm Acko, in Delhi-NCR, one vehicle was stolen every 14 minutes in 2023. This trend has been there for many years and whenever I used to hear or read about a car theft case, I used to think if it was possible to prevent such incidents with a protection device which could warn or alert the concerned owner whenever an attempt was being made to lift a car or vehicle.   And I since am in the field of electronics, we have so many sensors that can automate various functions. With such sensors, we can transmit direct GPS signals to a pre-decided person or even public authorities like police. The sensor itself can trigger these messages. So I thought of designing a device which will send a signal whenever someone tries to make forced entry into a car,” Prof Sharma said, who has filed 11 patents out of which two have been granted.

“As Chandigarh University has a robust research ecosystem which encourages faulty members and students to undertake research in any field of their interest, I conducted research to see what’s possible to solve this problem done by utilising sensors. So, I worked on this concept of one camera with sensor for preventing car theft cases. That’s the core idea. This Vehicle Security System sends all information, including the intruder’s images, videos, and the vehicle’s location, directly to the owner’s mobile phone. This allows the owner to take quick action and share evidence with authorities if required. The system can also store images and videos on cloud storage and may be powered by solar panels for continuous operation,” said Prof Sharma.

“Modern cameras come in various ranges and can even provide 360-degree rotation. In my design, the camera with a sensor takes a photo and transmits it to the owner, along with a signal via the GPS sensor. That’s the primary function of our product. Certain sensors might also trigger an alert beep—that’s the kind of idea involved. The difference here is that we’ve integrated a GPS system in this camera which will remain connected to the owner through Internet. This device can be assembled for somewhere between Rs 5,000 and Rs 10,000. If we opt for more advanced features, the cost might go up by another Rs 5,000. This is just the minimum cost. We could build a really good device for anywhere between 5,000 and 10,000 rupees,” he added.

Congratulating Prof Sharma for getting the design patent, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University said, “This achievement reflects the strong research and innovation eco-system at Chandigarh University to support research excellence and intellectual property generation for advancement of technology. Chandigarh University’s students and faculty members have filed more than 6,000 patents out of which 5800 patents have been published and 260 patents have been granted. Chandigarh University is ranked number one as a single institution in India for filing highest number of patents. CU’s 44 faculty members featured in Stanford University–Elsevier list of the world’s top 2% scientists.”

“Chandigarh University allocates Rs 15 Crore annually for research-intensive learning and houses 60 Research Centers, 30 Industry-sponsored Advanced Research Labs like AI LAB, Addictive Manufacturing Lab, Molecular Biology Lab, Genetics Lab, SEM Lab, XRD Lab for its researchers. Besides a dedicated University Centre for Research & Development, 32 Centers of Excellence (COEs) have been established in CU by leading MNCs such as Microsoft, Cisco, Hyundai, Tech Mahindra, Capgemini and IBM. Chandigarh University is having 56 government funded research projects and 12 research projects involving international collaboration. CU received Rs 90 Crore for research and innovation projects from Union Ministry of Science and Technology in last five years,” he added.

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address: https://www.cuchd.in/

 

 

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IIFL Capital’s Maiden Late-Stage Private Equity Fund Announces First Close at ~ ₹500 Crore

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29 minutes ago

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October 22, 2026

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IIFL Capital’s Late-Stage Private Equity Fund targets a final close in excess of ₹1,000 crore within nine months from First CloseTwo transactions have already been committed with a pipeline of seven to eight deals under evaluation

MUMBAI, India, Oct. 22, 2026 /PRNewswire/ — IIFL Capital Asset Management Limited, the Asset Management arm of IIFL Capital, today announced that the IIFL Late-Stage Private Equity Fund, the maiden fund of its private equity platform, achieved its first close on 15 September 2026 with aggregate capital commitments of ~ ₹500 crore. The Fund invests in scaled-up, profitable Indian enterprises that are preparing to list on the public markets in the near term.

The Fund is targeting a total corpus of ₹1,000 crore, with a greenshoe option of additional ₹1,000 crore. It will remain open for subscription after the first close and aims to reach its final close within the next nine months. A larger corpus allows the Fund to back high-quality companies operating on a scale, in line with its late-stage, pre-IPO strategy.

The Fund is also evaluating a robust pipeline of opportunities, ranging from term sheet negotiations to transactions under diligence. The pipeline is diversified across integrated security-as-a-service, railway and wind energy components, specialty chemicals, defence equipment, IT-enabled services, pre-engineered buildings and consumer technology.

The Fund follows a clear mandate focused on scaled businesses nearing a public listing. The fund looks at sectors that envisage growth rate of 15%-18% per annum. The investee company should be amongst the top three-five players in its category, should have an EBITDA of at least ₹75-100 crore at investment with the intention to pursue IPO within three years. The average deal size is expected to be ₹50-100 crore per transaction.

Commenting on the milestone, Mr. Deepak Mittal, Chief Investment Officer and Head – Private Equity, IIFL Capital Asset Management Limited, said: “The first close marks the point at which this Fund moves from being a proposition to being a portfolio. We are grateful to our investors for their confidence in a volatile global environment. With two high-quality transactions already committed and a live pipeline of seven to eight opportunities, we believe IIFL’s capabilities give us a distinct advantage in backing scaled enterprises on their journey to the public markets.”

The first close comes in the backdrop of India’s primary market revival. After a subdued April-June quarter, July and August 2026 together saw 35 mainboard IPOs, and foreign portfolio investors returned as net buyers, including through IPOs. Real GDP grew 7.8% in Q1 FY27, with gross fixed capital formation up 11.9%, supporting the sectors the Fund is targeting.

About IIFL Capital Asset Management Limited

IIFL Capital Asset Management Limited (formerly IIFL Securities Alternate Asset Management Limited) is the Investment Manager for Alternative Investment Funds sponsored by IIFL Capital Services Limited. It is registered with SEBI as an Alternative Investment Fund manager (IN/AIF3/19-20/0770, IN/AIF2/21-22/088), Investment Adviser (INA000019956) and Portfolio Manager (INP000009445). Registered office: Ground Floor 01, Hubtown Solaris, Saiwadi, N S Phadke Road, Andheri East, Mumbai 400069. Website: assetmanagement.iiflcapital.com

About IIFL Capital Services Ltd

IIFL Capital Services Ltd (formerly known as IIFL Securities Limited) (NSE: IIFLCAPS) (BSE: 542773) is one of the key capital market players in the Indian financial services space. IIFL Capital offers broking services, wealth management, financial products distribution, institutional broking, research and investment banking services.

Disclaimer: This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any units of the IIFL Late-Stage Private Equity Fund or any securities. Investments in alternative investment funds are subject to market and other risks, including loss of capital. Investors should read the Private Placement Memorandum, including the risk factors, before investing. Registration granted by SEBI, enlistment with BSE, and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Past performance of securities/instruments is not indicative of their future performance.

 

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Snapmaker Introduces New Filament Bundle, Expanding Its Full Spectrum Printing Ecosystem

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October 22, 2026

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The Snapmaker PLA Full Spectrum Filament Bundle (White Edition) combines pure-white capability, more saturated cyan, magenta, and yellow filaments, and finely tuned light-transmission properties for vibrant, natural-looking color mixes. It expands Snapmaker’s integrated ecosystem of dedicated materials, Snapmaker Orca software, and U1 hardware.

SHENZHEN, China, Oct. 22, 2026 /PRNewswire-PRWeb/ — Snapmaker has introduced the Snapmaker PLA Full Spectrum Filament Bundle (White Edition), expanding the creative possibilities of layered color mixing on Snapmaker U1. The four-spool set combines semi-translucent cyan, magenta, yellow, and white PLA filaments to produce a broader palette, from vivid color mixes and soft pastels to directly printed pure-white details.

“Together with the reformulated color filaments, the addition of white opens up a broader range of visual styles.” — Blayne Sapelli, Creative Marketing Manager at Snapmaker.

Four Filaments, Beyond Four Colors

Full Spectrum color mixing creates additional perceived colors by alternating thin layers of semi-translucent filaments along the Z-axis. As light interacts with these layers, their colors blend visually, allowing a single print to go beyond the four loaded filament colors.

Snapmaker Orca, Snapmaker’s official slicing software, supports this layered color mixing workflow. Together with U1’s multi-toolhead architecture, it provides a practical foundation for exploring more colors with a small set of materials.

Radu “Ratdoux,” creator of Full Spectrum and now part of the Snapmaker team, said: “Full Spectrum changes the way we think about color in consumer FDM printing. Instead of adding more and more individual filament colors, we can use a small set of calibrated materials together with software and multi-toolhead hardware to generate a much broader spectrum. Our goal is to make that process simple enough that users can focus on what they want to create rather than how to engineer the color.”

Filaments Engineered for Brighter Color

White filament brings two distinct benefits: it enables pure-white areas that layered color mixing alone cannot produce, and it brightens mixed colors while reducing saturation for lighter, softer tones. Reformulated cyan, magenta, and yellow filaments offer stronger saturation, helping deliver more vibrant mixes.

The filaments’ color and Transmission Distance properties are tuned to promote natural blending and help reduce visible horizontal stripes. On Snapmaker U1, RFID recognition automatically loads preset filament information, simplifying setup.

These properties give creators more flexibility to combine vivid accents, gentle shades, and white details in character models, collectibles, home décor, and sculptural artwork. The four-spool approach also reduces the need to store separate filament colors for occasional use.

“Adding white is a meaningful step for creators who want lighter palettes and pure-white details within the same four-spool setup,” said Blayne Sapelli, Creative Marketing Manager at Snapmaker, “Together with the reformulated color filaments, it opens up a different range of visual styles. It also reflects how we are building our ecosystem: developing dedicated materials around real creative needs and connecting them with the tools people use to print.”

An Integrated Ecosystem for Color Creation

The Snapmaker PLA Full Spectrum Filament Bundle (White Edition) joins the Snapmaker PLA Full Spectrum Filament Bundle (Gray Edition) and the SnapSpeed PLA CMYK Lithophane Filament Bundle, expanding Snapmaker’s official lineup to three purpose-designed bundles.

The two PLA Full Spectrum bundles are designed for three-dimensional color mixing. The new bundle enables brighter mixes, softer pastels, and pure-white details, while the Gray Edition offers darker, more muted tones. The CMYK Lithophane bundle is optimized for flat, layered-color printing, including colorful backlit lithophanes made from photographs and illustrations.

Built around U1 and Snapmaker Orca, the lineup connects specialized materials with hardware and software support.

Pricing and Product Information

The bundle is priced at US$89 and contains four 1 kg spools, totaling 4 kg. For product details and regional purchasing information, visit the official product page.

About Snapmaker

Snapmaker makes products that empower everyone to change the world — literally. From 3-in-1 desktop fabrication machines to the Snapmaker U1 multicolor, multimaterial, toolchanger 3D printer, to the software that powers it all, Snapmaker is building an ecosystem that democratizes creation. Snapmaker: Make Something Wonderful.

For more information, visit Snapmaker.com.

Media Contact

Hao Jiang, Snapmaker, 86 13588745216, jianghao@snapmaker.com, www.snapmaker.com

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Today, Intelligent Legal Solutions (ILS) and Anduin announced a partnership to provide a more streamlined service for both fund managers and law firms

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29 minutes ago

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October 22, 2026

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PALO ALTO, Calif., Oct. 22, 2026 /PRNewswire/ — Intelligent Legal Solutions (ILS) and Anduin have announced a partnership to create a more connected fundraising experience for private markets fund managers and law firms.

ILS is the legal technology company behind ProVision, a platform for private investment funds lawyers and their clients, while Anduin provides technology for private markets fundraising and investor operations. Through the partnership, the companies will build an integration connecting their platforms to support a more streamlined, end-to-end fundraising process.

Launched in 2024, ILS works with 89% of law firms ranked in the top three bands by Chambers USA for Private Equity: Fund Formation nationwide. Its technology has supported fundraises totaling more than $825 billion across North America, the UK, EMEA and APAC.

Anduin’s platform has supported more than 1,300 private investment funds, onboarded over 76,000 investors and powered more than $265 billion in capital raised. Its customers represent more than $7 trillion in aggregate assets under management.

Fergus Plant, Co-Founder of ILS, said: “We are hugely excited to announce our partnership with Anduin. They are a mainstay of the private markets tech space, and we are proud to collaborate to bring a more complete solution to our customers. Our recent launch of the Fund Manager Portal for ProVision more closely aligns our customers, deepening the benefits of this relationship.”

Eliot Hodges, CEO of Anduin, said: “Fundraising still involves too many handoffs between systems, teams and advisers. By connecting Anduin’s subscription and investor onboarding workflows with ProVision’s side letter, comment memo, MFN and obligation management capabilities, we can help firms carry data more seamlessly through the fundraising process and reduce the operational burden around close.”

Read more at https://anduintransact.com/blog/anduin-partners-with-ils 

Fund managers and law firms interested in learning more can contact:

About Anduin
Anduin is the leading digital platform for managing fund lifecycles and LP relationships. The company has facilitated $118 billion in global capital and supports 48,000+ investors across 890+ funds. Learn more at anduintransact.com.

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SOURCE Anduin Transactions

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