The company’s Co-Founder and CEO described the incident as “extremely disappointing,” claiming the devices went missing while under official security watch.
Start-up founder alleges AI wearable devices stolen
New Delhi: A start-up NeoSapien has alleged that AI-powered wearable devices developed by the company were stolen from its exhibition space at Bharat Mandapam, even as security personnel were present at the venue on Monday (February 16).
The company’s Co-Founder and CEO described the incident as “extremely disappointing,” claiming the devices went missing while under official security watch.
Dhananjay Yadav, co-founder and CEO of Bengaluru-based firm NeoSapien, on Tuesday expressed frustration over the alleged theft of the company’s AI-powered wearables from its booth at Bharat Mandapam.
In a post on X, Yadav said the start-up had incurred significant expenses on travel, accommodation, logistics and the exhibition booth, only to see its devices “disappear inside a high-security zone.”
Questioning how the incident could occur if only security personnel and authorised officials had access, he termed the episode “extremely disappointing” and raised concerns over possible security lapses at the venue.
Day 1 of the AI Impact Summit turned to be a pain for us.
I came genuinely excited, it was the first time the summit was being hosted in India, and I wanted to show up personally to support the ecosystem and the government’s push.
But what happened next was shocking.
At 12… pic.twitter.com/9gVygparq0
— Dhananjay Yadav (@imDhananjay) February 16, 2026
Backgrounder
The mega India AI Impact Summit kicked off on 16 February in New Delhi, with leading tech leaders, policymakers, and experts from around the world participating. Prime Minister Narendra Modi will later inaugurated the "AI India Expo" as part of this major event. The summit is being seen as a key platform to showcase India's technological capabilities and global leadership.
India Rapidly Progressing in Science and Technology
Welcoming delegates on social media, PM Modi said that the presence of people from across the world at this summit is a matter of pride for India and reflects the potential of the country's youth. He said that India is making rapid progress in science and technology and is making significant contributions to global development. According to him, the collective power of 1.4 billion Indians puts the country at the forefront of AI transformation.
Thanks to the 1.4 billion people of India, our nation stands at the forefront of the AI transformation. From digital public infrastructure to a vibrant StartUp ecosystem and cutting-edge research, our strides in AI reflect both ambition and responsibility.
