Home » Six start-ups have been incubated at IIIT Shree City
News

Six start-ups have been incubated at IIIT Shree City

The Indian Institute of Information Technology (IIIT), Shree City has selected six start-ups in various fields for grant to pursue their ideas.

The institute has a technology business incubator to promote innovation and entrepreneurship.

A start-up using artificial intelligence to develop an intravenous drip system for centralized monitoring and automatic closure of intravenous fluid; A start up using IoT to develop smart green charging solutions for Li-ion battery devices; Introducing an aquaculture using an IoT smart monitoring system for feeding and monitoring aqua farms; A healthcare start-up using machine learning to develop an intelligent wearable device to maintain and maintain human posture; Environmentally based start-ups are a start-up beneficiary using IoT to develop an indoor air quality monitoring and purification system using hybrid green technology and an advanced soil monitoring and crop management system.

The director of the institute ji. Kannabiran said that 30 applications were received and evaluated in 30 stages based on the ability to develop a minimum viable product within a year.

Selected start-ups were taking advantage of emerging technologies to develop solutions. Each start-up will be mentored by a team of ₹ 7 lakh, product development support, domain experts and business consultants. He said that the beneficiaries would be negotiated with 200 companies located on the campus.

Chairman of the Board of Governors of the Institute. Balasubramanian handed over the grant documents on Saturday. He stated that the start-up ecosystem had seen tremendous growth during COVID-19. 44% of the deals signed by Indian companies are from start-ups.

“The number of innovations has increased so much that in six months the total number of innovations over three years has been achieved. I am confident that the selected start-ups will grow up to become units of the country. We will add start-ups funded by Knowledge Circle Ventures to various funding opportunities through venture capitalists and angel investors, ”he said.

You have reached your for free articles this month.

Membership benefits included

Today’s paper

Get a mobile-friendly version of the article from the newspaper of the day in an easy-to-read list.

unlimited access

Enjoy reading as many articles as you want without any limitations.

Personal recommendations

A selected list of articles that match your interests and tastes.

Fast page

Move seamlessly between articles as our pages load instantly.

Dashboard

One-stop-shop to see the latest updates and manage your preferences.

Talk

We inform you about the latest and most important events three times a day.

Support quality journalism.

* Our digital subscription plans currently do not include e-paper, crosswords and print.

.

About the author

admin

Add Comment

Click here to post a comment