Saturday, Oct 19 2019 | Time 22:40 Hrs(IST)
  • Fadnavis addresses 65 rallies on last day of election campaigning
  • Recounting govt's dev schemes,Amit Shah says Modi is uplifting tribals unlike Cong's 'use & throw' policy
  • India should join hand with China to isolate Pakistan: Subarmaniam Swamy
  • NSCN (IM) reposes faith in PM Modi, insists on Naga unity
  • BJP is synonymous with deceit: MP CM
  • Campaign ends for Assy polls in Haryana, Mah, bypolls in 53 Assy seats in 15 states
  • Mah campaign trail winds down for Monday's Assembly polls
  • Indian BSF showed hegemoni, says Bangladesh FM
  • Mah assy polls:Campaigning ends; 3,239 candidates in fray for 288 seats
  • Heads of Foreign Missions to visit Golden Temple, Amritsar on Oct 22
  • Development of NE priority of Modi Govt: MoS Nityanand Rai
  • Haryana assy polls : CEO urges people to vote to ensure their participation in democrarcy
  • Armies of India and Japan commence exercise Dharam Guardian in Mizoram
  • Campaign comes to an end for by elections to one Lok Sabha and five assembly seats
Entertainment » Other

IIIT foundation admits 3-deep Tech startups into its Accelerator prog

Hyderabad, May 27 (UNI) : Continuing its journey to support deep-tech start-ups within the Indian Sub-continent, AVISHKAR, the start-up accelerator program of IIIT Hyderabad (International Institute of InformationTechnology, Hyderabad) , has progressed onto another important milestone.
The program received more than 140 applications out of which most were from India, but international applications were also received from countries like Germany, USA, Argentina, France and Spain among others, the institute said in a release here today.
These applicants were made to go through a rigorous selection process, out of which only 7 applicants made it to the pitch day.
Out of these 7, the top three 3 are ready to form the first batch for the 6-month long program.
The evaluation of the applicants was done by committee of experts from IIIT-H, Helion Venture Capital, Progress Software and 50K Ventures evaluated the finalists on the Pitch-Day held in IIIT Hyderabad on May 20.
AVISHKAR, is an accelerator program catering to start-ups in the domain of ‘Deep-Tech’ moulded out of IIIT-H Foundation, the technology business incubator arm of the International Institute of Information Technology, Hyderabad.
As a first, seed-fund will be offered in the form of convertible notes to significantly reduce the hassle faced by startups in the long run.
Speaking on the occasion, Prof. Vasudeva Varma, Dean (R&D) said, “The Start-up ecosystem in India is currently very vibrant. However, most of these ventures cannot survive and be successful unless they have huge differentiation in terms of technology.
With AVISHKAR, IIIT Hyderabad will give these companies a massive edge by providing the required base of technology, mentorship, and talent on a need basis in addition to initial funding.
Using our resources, our impact on start-ups should translate into substantial benefits while scaling and rapid internationalization of these ventures, ” the Dean added.
The program is facilitated by IIIT-H Foundation, IIIT Hyderabad, CoCreationConsulting and 50K Ventures.
The selected startups will work closely with the AVISHKAR team and the faculty members of IIIT-H Labs and other partners over the next 6 months to get to a level of investment readiness that will launch them to the next stage of their journey.
The next batch of applications for the second phase of Avishkar will start in the month of September 2016.
More News
Sanya Malhotra joins stellar cast of 'Shakuntala Devi - Human Computer'

Sanya Malhotra joins stellar cast of 'Shakuntala Devi - Human Computer'

22 Sep 2019 | 4:01 PM

New Delhi, Sep 22 (UNI) Known for taking the road less travelled, Sanya Malhotra has always opted for challenging subjects and interesting characters, be it her blockbuster debut film 'Dangal', or other films like 'Pataakha' or 'Badhaai Ho'.

see more..
Japan Foundation in assn with PVR cinemas announces launch of JFF 2019-20

Japan Foundation in assn with PVR cinemas announces launch of JFF 2019-20

09 Sep 2019 | 7:52 PM

New Delhi, Sep 9 (UNI) Japan Foundation on Monday announced the beginning of the third edition of its Japanese Film Festival (JFF) in India, in partnership with PVR Cinemas.

see more..
NG, Star Plus, Star Bharat, Hotstar join forces to showcase 'Chandrayaan 2' landing on Sep 6

NG, Star Plus, Star Bharat, Hotstar join forces to showcase 'Chandrayaan 2' landing on Sep 6

05 Sep 2019 | 5:30 PM

New Delhi, Sep 5 (UNI) India will be carving a place for itself among the world’s space faring nations with ISRO’s Chandrayaan 2 landing, as it attempts to become the fourth country to land on the moon after the former Soviet Union, US and China.

see more..
Teacher's day: Sony YAY celebrates 'Heroes Behind the Heroes'

Teacher's day: Sony YAY celebrates 'Heroes Behind the Heroes'

05 Sep 2019 | 5:27 PM

New Delhi, Sep 4 (UNI) Real heroes don't always wear capes; they also teach, mentor and help individuals realize their best potential.

see more..
Cinépolis organises screening of 'Saaho' on Teacher’s Day

Cinépolis organises screening of 'Saaho' on Teacher’s Day

05 Sep 2019 | 5:24 PM

New Delhi, Sep 5 (UNI) On the special occasion of Teacher's Day, Cinépolis, the movie theatre circuit organised a special screening of the most awaited action film of the year, 'Saaho' for teachers on Thursday.

see more..