Saturday, Feb 4 2023 | Time 04:50 Hrs(IST)
image
Business Economy


AIC-IIITH on boards startups for EPAM Social Impact Innovation Program

Hyderabad, Dec 8 (UNI) : IIITH's social incubator, AIC-IIITH onboards startups for EPAM Social Impact Innovation Program.
AIC (Atal Incubation Center)--IIITH has selected 7 startups for the EPAM Social Impact Innovation Program from the cleantech, environment tech and waste management space who are using innovation and entrepreneurship to solve pressing social challenges in a sustainable manner, the Institute said in a release here on Thursday..
The key highlights of this year’s program include milestone-based grant support of up to INR 5 lakhs, incubation support, business coaching and access to IIIT-Hyderabad's technology expertise. Startups will also be able to leverage expertise and resources of Centre for Innovation and Entrepreneurship (CIE), IIITH’s Deep-tech incubator. CIE is one of the oldest TBI in the country and has supported over 200+ startups with incubation support and INR 6 plus crore of funding.
The startups were selected through a rigorous process ending in a pitching session in front of esteemed experts like Naresh Sutravey, Senior Business Analysis Manager and Pramila Kasirajan, Director of Project Management at EPAM India, Sanjay Jesrani CEO and Founder of GO North Ventures, Sreyashee Das, Incubation manager, AIC-Sangam Innovation Foundation, Rennis Joseph, CEO and Founder of Ignis Careers Pvt. Ltd. and Raj Janagam, CEO, AIC-IIITH.
Emphasizing the significance and timely nature of the program, Prof. Ramesh Loganathan, Director of AIC-IIITH said, ``we at AIC-IIITH are proud to be contributing to the same.” Till date AIC-IIITH has run 5 cohorts and supported 38 plus startups with incubation support and about INR 2 crore of funding. AIC-IIITH’s startups are solving pressing challenges in sectors like agriculture, education, accessibility, waste management and creating above 300 jobs.
“We are delighted to support this initiative again to help bring about positive social change and provide unique opportunities for start-up communities to contribute towards sustainability and drive climate action,” said Shamilka Samarasinha, Global Head of Corporate Social Responsibility at EPAM Systems, Inc.
The selected startups are working to help India combat various environmental challenges through tech innovations and entrepreneurial risk-taking.
These startups are: MedCuore Medical Solutions Pvt. Ltd ; Green Trek Research and Development Pvt. Ltd; Greenovate Solutions Pvt. Ltd; MuddleArt Pvt. Ltd; Zodhya Technologies Pvt. Ltd; Envoprotect LLP and Panjurli Labs Pvt. Ltd.
UNI KNR SHK1853
More News
TCS Positioned as a Leader in IDC MarketScape for GCC Business and Industrial IoT Services

TCS Positioned as a Leader in IDC MarketScape for GCC Business and Industrial IoT Services

03 Feb 2023 | 6:58 PM

Kolkata, Feb 3 (UNI) Tata Consultancy Services (TCS) has been recognised as a Leader in the IDC MarketScape for GCC Business and Industrial Internet of Things (IoT) Consulting and System Integration services.

see more..
BOB Net Profit jumps 75 pc

BOB Net Profit jumps 75 pc

03 Feb 2023 | 6:52 PM

Mumbai, Feb 3 (UNI) Bank of Baroda’s net profit jumped 75 percent to Rs 3,853 crore in the October-December quarter of the current fiscal compared to the year-ago period.

see more..
DSCI’s National CoE, IISc Bangalore & CySecK host Cybersecurity R&D & Innovation Roadshow 2023

DSCI’s National CoE, IISc Bangalore & CySecK host Cybersecurity R&D & Innovation Roadshow 2023

03 Feb 2023 | 6:50 PM

Bangalore, Feb 3 (UNI) National Cybersecurity Centre of Excellence (NCoE), a joint initiative of the Data Security Council of India (DSCI) and the Ministry of Electronics and IT (MeitY), in collaboration with the Indian Institute of Science (IISc) – Bangalore and CySecK, on Friday hosted a Cybersecurity R&D & Innovation Roadshow 2023 at IISc campus to provide a platform to academia, research institutes, start-ups, and PSUs to exhibit their cybersecurity research, prototype, and products.

see more..
Rajan Pental appointed as Executive Director of YES BANK

Rajan Pental appointed as Executive Director of YES BANK

03 Feb 2023 | 6:42 PM

Kolkata, Feb 3 (UNI) YES BANK announced that the Reserve Bank of India (RBI) has approved the appointment of Rajan Pental as an Executive Director of the Bank for a period of three years w.e.f. February 2.

see more..
VFS Capital launches business operations in Rajasthan

VFS Capital launches business operations in Rajasthan

03 Feb 2023 | 5:50 PM

Kolkata, Feb 3 (UNI) VFS Capital Ltd, a leading Kolkata-based NBFC-MFI, has announced the launch of its business operations in Rajasthan, thereby expanding its footprint in 14 states in the country.

see more..
image