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AKXA Tech Pvt. Ltd., an IITMIC incubatee has won the ‘18th National Award for Excellence in Energy Management – 2017’ on itsproduct  OPTIMakx beingrated as ‘Innovative Energy Saving Industrial Product/ Serviceat  the recently concluded  CII-Energy Efficiency Summit 2017 held during August 30 to September 1, 2017 in Hyderabad.
 
AKXA Tech, founded by IITM & IITB alumni : Dr Raghuraj K. Rao, SV Raghavan & Amritraj Bhat, specialises in design and development of software (and related hardware) using algorithm based smart technology tools which assist in remote monitoring, diagnosis and optimization of industrial processes leading to higher plant productivity and focuses on Minerals, Metals, Chemicals, Food Processing, Oil & Gas, PetroChem and Power Plants, under the modus operandi 'Predict-Prevent-Improve'