NewVative Tech, Lahore, Pakistan

Industry: Electrical/Electronic Manufacturing

Business Entity: Private Limited Company (Pvt. Ltd.)

Location: Lahore, Punjab, Pakistan

Established In:

No. of Employees: -

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About NewVative Tech Pakistan

NewVative is a startup that utilizes Internet of Things (IoT) and Artificial Intelligence for creating different solutions including temperature and humidity monitoring, vehicle and asset tracking, home automation etc. We target different verticals including, cold stores, blood banks, retail stores, food and beverage industry etc.
Our Story
In 2015, Polio and Pentavalent vaccine worth more than Rs. 400 Million was spoiled due to temperature excursion of the storage unit while no alarm generated. This made up national news headlines and also caught our attention. FIA investigation revealed that the vaccine was not expired but spoiled because the correct temperature could not be maintained in the store room. We further did an extensive outreach into various hospitals, pharmacies and blood banks and found out that there was no effective mechanism for temperature monitoring of vaccines, drugs and blood storage in Pakistan. As per common practice, temperature is recorded manually twice or thrice a day on paper-based logs while there is no system in place for generating alerts in case of temperature excursions. Healthcare supply chain is also fragmented, and lacks end-to-end cold chain visibility through factory, distribution, transportation channels and retail stores. To address this grave issue our company indigenously developed an internet of things (IoT)-based real-time environment monitoring system. The system senses temperatures continuously, saves temperature data online and generates alerts when the cold chain breaks.
Vision
NewVative’s vision is to be a leading technology-based environment monitoring company in the world.
Mission
NewVative’s mission is to create reliable, easy-to-use and scalable IoT-based monitoring solutions by nurturing inspiration and creativity in our team. Our solutions give confidence to our clients in running their operations efficiently bringing quality with convenience.