‏إظهار الرسائل ذات التسميات iTIC Incubator. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات iTIC Incubator. إظهار كافة الرسائل

iTIC Incubator at IIT Hyderabad Partners with Hexagon to Open Up Precision Center Metrology Lab

iTIC Incubator at IIT Hyderabad Partners with Hexagon to Open Up Precision Center Metrology Lab

iTIC Incubator recently signed an MoU with Hexagon Capability Center India to establish Precision Centre Metrology Lab.

The Lab will cater to prototyping and part fabrication requirements while offering skill development courses designed to empower and equip budding entrepreneurs.

iTIC Incubator, a Technology Business Incubator (TBI) situated at IIT Hyderabad (IITH), recently signed an MoU with Hexagon Capability Center India (Hexagon’s R&D Center in India), the single largest R&D hub of the technology major Hexagon AB. The Precision Lab aims to provide access to precision measurement tools and upskilling courses for students, aspiring entrepreneurs, and startups.

As part of this partnership, Hexagon has set up a Precision Center Metrology Lab at iTIC Incubator, IITH campus. This facility will serve as a platform, enabling students, aspiring entrepreneurs, and startups to gain invaluable hands-on experience under the guidance of Hexagon's subject matter experts. The centrepiece of this lab will be the Precision Coordinate Measurement Machine, which is a high-precision instrument designed to elevate the standards of inspection capabilities.

The Precision Center Metrology Lab is set to be a game-changer, particularly for startups and organizations incubated at IITH. It will cater to their prototyping and part fabrication requirements while offering skill development courses designed to empower and equip these budding entrepreneurs. The cutting-edge machinery will also be instrumental in reverse engineering activities for research purposes.

The lab's resources will not be limited to just the academic community; it will also be accessible to external startups and organizations, promoting a collaborative environment where innovation and progress are boundless.

Hexagon has been steadfast in its commitment to fostering educational excellence. Over the years, it has consistently contributed to enhancing educational infrastructure, providing training programs, and developing facilities through partnerships with academic institutions, colleges, universities, and government agencies.

Expressing his joy at the start of this Lab, Prof B S Murty, Director IITH, commented, “Providing the necessary facilities to the aspiring entrepreneurs and startups to take their idea from Lab to Market is one of the key priorities of IITH and Academia-Industry collaboration is a crucial part of it. We hope that this facility at iTIC incubator will act as a catalyst for more such collaborations to come.’’

Commenting on the launch, Mr Navaneet Mishra, Senior Vice President and Head of Hexagon’s R&D Center India, said, “India has a thriving market in hardware manufacturing that often doesn’t get as much visibility as software does. Engineers need smart ways to test ideas, prototype faster, and do better inspections. With this Lab, we will power their passion with our technology and expertise. When more engineers gain easy access to cutting-edge technologies, devices and methodologies, they will build products that are faster to market with world-class quality. Hexagon’s partnership with iTIC, IIT Hyderabad will enable a broader impact in the overall ecosystem."

About iTIC Incubator at IIT Hyderabad:

iTIC is a Technology Business Incubator (TBI) under the aegis of the Indian Institute of Technology Hyderabad (IITH) and supported by the Department of Science and Technology (DST), Government of India. iTIC is a Not-For-Profit Society that focuses on creating a supportive and nourishing environment for budding entrepreneurs in the field of technology. The focus areas of the iTIC incubator are deep tech sectors such as Healthcare, AI/ML, Quantum Computing, AR/VR, Cybersecurity, Robotics, IoT, Industry 4.0, Blockchain, Electronics, Advanced materials, Drones, Biotechnology, etc. iTIC aims to help entrepreneurs leverage a premier quality research and startup ecosystem with the goal of building a comprehensive platform to practice innovation and entrepreneurship so that these entrepreneurial ideas can be turned into sustainable, scalable, profit-making business ventures. iTIC provides support to startups such as Mentoring, Financial Aid, IP Support, Networking, and access to Dedicated office/ Coworking space, Software, IITH Technological Infrastructure, and Makerlab. Since its inception in 2015, iTIC has supported 130+ startups through Pre-incubation, Incubation, and Acceleration programs and has directly sanctioned more than INR 8 crores to startups. So far, the iTIC startups have generated over INR 1200 crores of revenues and created 1000+ jobs.

To know more, please visit https://itic.iith.ac.in

About HCCI:

Hexagon’s R&D Center in India Hexagon’s R&D Center in India is the single largest R&D hub for the company globally. Over 2,000 talented engineers and developers create innovation from this center that powers Hexagon's products and solutions.

It was established with Hexagon’s acquisition of Intergraph, the first IT MNC in Hyderabad and has now grown to deliver innovations and create solutions for all business lines of Hexagon, including Asset Lifecycle Intelligence, Safety Infrastructure, and Geospatial, Geosystems, Mining, Manufacturing Intelligence and Autonomous Solutions. It also hosts a few dedicated services teams for global implementation of Hexagon's products.

To know more, please visit https://www.hexagon-cci.com

About IIT Hyderabad:

Indian Institute of Technology Hyderabad (IITH) is one of the eight IITs established by the Government of India in 2008. In a short span of 15 years, the institute has become one of the top-ranked institutions in the country and has received global recognition. It has 300+ full-time faculty, 4,800+ students, 18 Departments + 1 Centre for Interdisciplinary Programs, nearly 300+ state-of-the-art Research Facilities, and five research and entrepreneurship centres. The institute has a strong research focus with approx. Rs 900+ crores of sanctioned research funding, with PG+PhD students accounting for about 60% of total student strength. IITH has more than 9500+ research publications with 1,42,000+ Citations, 190+ Published Patents, 3,700+ sponsored/consultancy projects with 500+ running projects, and about 135+ startups that have generated 1000+ jobs and a revenue of Rs. 1200+ Cr. Follow us on Instagram, LinkedIn, Twitter, Facebook, Koo, and YouTube for the latest updates.

iTIC Incubator, IIT Hyderabad and US based DeepTech Accelerator H4XLabs Jointly Launch Accelerator Under INDUS-X

iTIC Incubator, IIT Hyderabad and US based DeepTech Accelerator H4XLabs Jointly Launch Accelerator Under INDUS-X

  • Initiative part of INDUS-X innovation bridge aimed at linking Indian and United States defence ecosystems.
  • Accelerator focuses on equipping defence startups to expand and navigate to the US defence markets.
  • Collaboration between iTIC Incubator and H4XLabs to provide tailored go-to-market strategies and access to investors and defence stakeholders.
INDUS-X (India-U.S. Defense Acceleration Ecosystem) is an initiative to build a defence innovation bridge by Innovations for Defence Excellence (iDEX), the Ministry of Defence, and the US Department of Defence (DoD). A collaboration agenda under INDUS-X includes an accelerator program for defence start-ups to be steered by iTIC Incubator at IIT Hyderabad and H4XLabs. Acting over the same, a workshop was organised by iTIC and H4X to initiate the INDO-US CrossLinX accelerator program.

The CrossLinX accelerator would prepare Indian defence startups to expand to the US markets. Once the startups are ready, they would embark on a trip to the US for 7-10 days to engage with government officials, investors, defence contractors, and stakeholders. At the program's culmination, startups would showcase their products as part of Demo Day in India.

Team iTIC-IITH & H4X Labs during INDUS-X Accelerator launch event at Hyderabad
Team iTIC-IITH & H4X Labs during INDUS-X Accelerator launch event at Hyderabad

The launch event included a series of sessions on the US defence landscape by experts from diverse domains. The event saw the participation of various defence startups and MSMEs from across India. Other dignitaries witnessing the event included D. Alan Johnson (Lt Col-United States Air Force, Director-Defense Cooperation in Armaments DCA, U.S. Embassy, New Delhi), Jonathan Mangrum (Policy Advisor for South Asia, OSD - OUSD Policy- Indo Pacific Security Affairs), ecosystem partner EriK Azulay (Director and Founder-ACIR), Capt. Roy Joseph, Program Director, iDEX) and team from iDEX.

Conveying his best wishes for the success of the Accelerator, Prof B S Murty, Director, IITH, “We are confident about the blooming strategic cooperation between India and the US through various initiatives like iCET and INDUS-X and assure the support of IITH to such initiatives.”

At the launch event, Prof Suryakumar S, Dean ITS, IITH, said, “The Joint Accelerator Program is a testament to the collaborative spirit of INDUS-X and we hope that it will galvanise the Indian startups for a global presence”.

Capt. Roy Joseph talked about INDUS-X and the opportunities for startups under the Indo-US collaboration agenda. He also gave an overview of iDEX.

About iTIC Incubator at IIT Hyderabad:

iTIC is a Technology Business Incubator (TBI) under the aegis of Indian Institute of Technology Hyderabad (IITH) and supported by the Department of Science and Technology (DST), Government of India. iTIC is a Not-For-Profit Society that focuses on creating a supportive and nourishing environment for budding entrepreneurs in the field of technology. The focus areas of iTIC incubator are deep tech sectors such as Healthcare, AI/ML, Quantum Computing, AR/VR, Cybersecurity, Robotics, IOT, Industry 4.0, Blockchain, Electronics, Advanced materials, Drones, Biotechnology, etc. iTIC aims to help entrepreneurs leverage a premier quality research and startup ecosystem with the goal of building a comprehensive platform to practice innovation and entrepreneurship so that these entrepreneurial ideas can be turned into sustainable, scalable, profit-making business ventures. iTIC provides support to startups such as Mentoring, Financial Aid, IP Support, Networking, and access to Dedicated office/ Coworking space, Software, IITH Technological Infrastructure, and Makerlab. Since its inception in 2015, iTIC has supported 130+ startups through Pre-incubation, Incubation, and Acceleration programs and has directly sanctioned more than INR 8 crores to startups. So far, the iTIC startups have generated over INR 1200 crores of revenues and created 1000+ jobs.

To know more, please visit https://itic.iith.ac.in

Indian Institute of Technology Hyderabad (IITH) is one of the eight IITs established by the Government of India in 2008. In a short span of 15 years, the institute has become one of the top-ranked institutions in the country and has received global recognition. It has 300+ full-time faculty, ~4,800 students, 18 Departments + 1 Centre for Interdisciplinary Programs, nearly 500+ state-of-the-art Research Facilities, and five research and entrepreneurship centres. The institute has a strong research focus with approx. Rs 900+ crores of sanctioned research funding, with PG+PhD students accounting for about 60% of total student strength. IITH has more than 9200+ research publications with 1,35,000+ Citations, 190+ Published Patents, 2,200+ sponsored/consultancy projects with 500+ running projects, and about 135+ startups that have generated 1000+ jobs and a revenue of Rs. 1200+ Cr. Follow us on Instagram, LinkedIn, Twitter, Facebook, Koo, and YouTube for the latest updates.

Acclimatization BootCamp (ABC) for Defense Startups Launched By Defense Minister At IIT Hyderabad

Acclimatization BootCamp (ABC) for Defense Startups Launched By Defense Minister At IIT Hyderabad

Hon’ble Defense Minister Shri Rajnath Singh launches Acclimatization BootCamp (ABC) for Defense Startups, a program by iTIC Incubator at IIT Hyderabad during DefExpo 2022

Highlights:
  • A unique program by iTIC Incubator at IIT Hyderabad in collaboration with iDEX DIO
  • ABC for Defense Startups would help civilian technology startups convert their innovations to defense applications
  • 4-month program at IIT Hyderabad
  • The first cohort would have 10-12 startups
iTIC Incubator at IIT Hyderabad, in collaboration with iDEX DIO (Innovations for Defense Excellence - Defense Innovation Organization), has designed a unique program to acclimatize relevant civilian tech startups into defense applications. Acclimatization Boot Camp for Defense Startups was launched yesterday by our Hon’ble Minister of Defense, Shri Rajnath Singh, at DefExpo 2022 Gandhinagar.

The ABC for Defense Startups would be a 4-month long program and would select 10-12 startups in their first cohort. These startups would be connected to the knowledge partners, which include serving and retired armed forces. These mentors would understand the technology of the startup and connect the use case for the same in defense applications. After narrowing down the problem statement mutually, a startup would build a prototype with the help of iTIC Incubator at IIT Hyderabad and run it through mentors to validate the solution. At the end of the boot camp, startups would be trained in writing proposals for grants and procurements. The aim of this boot camp is to acclimatize a startup with civilian technology, find a use case in defense, and help apply for grants and procurements for defense.

Shri Rajnath Singh, while launching the program, congratulated iTIC Incubator and iDEX teams and stated, “It is good to see iDEX and iTIC Incubator at IIT Hyderabad are collaborating and designing a new program. This will boost our defence ecosystem lot.’’

Startups can apply to this program at www.itic.iith.ac.in/abcd. The deadline for applications is November 18, 2022, and the program kickstarts on December 8 onwards. Benefits for startups include feedback from the defense ecosystem, access to iTIC and IITH infrastructure, proposal writing for defense procurements and grants, and access to the defense market. Listing out these benefits to the startups under the program”, Prof B S Murty, Director IITH expressed his confidence in the success of the initiative and welcomed the startups to make use of this unique program.



About iTIC Incubator at IIT Hyderabad

iTIC is a Technology Business Incubator (TBI) under the aegis of the Indian Institute of Technology Hyderabad (IITH) and supported by the Department of Science and Technology (DST), Government of India. iTIC is a Not-For-Profit Society that focuses on creating a supportive and nourishing environment for budding entrepreneurs in the field of technology. The focus areas of iTIC incubator are Deep tech sectors such as Healthcare, AI/ML, Quantum Computing, AR/VR, Cybersecurity, Robotics, IOT, Industry 4.0, Blockchain, Electronics, Advanced materials, Drones, Biotechnology, etc. iTIC aims to help entrepreneurs leverage a premier quality research and startup ecosystem with the goal of building a comprehensive platform to practice innovation and entrepreneurship so that these entrepreneurial ideas can be turned into sustainable, scalable profit-making business ventures. iTIC provides support to startups such as Mentoring, Financial Aid, IP Support, Networking, and access to Dedicated office/ Coworking space, Software, IITH Technological Infrastructure, and Makerlab.

Since its inception in 2015, iTIC has supported 125+ startups through Pre-incubation, Incubation, and Acceleration programs and has sanctioned more than INR 8 crores to startups directly while supporting the startups in raising more than INR 50 crores from external sources. So far, the iTIC startups have generated more than INR 800 crores of revenues and created 1000+ jobs.

About IIT Hyderabad

Indian Institute of Technology Hyderabad (IITH) is one of the eight new IITs established by the Government of India in 2008. In a short span of 14 years, the institute has become a top-ranker. It has 287 full-time faculty, ~3,800 students, 18+1 Departments + Centre for Interdisciplinary Program, nearly 200+ state-of-the-art laboratories, and five research and entrepreneurship centers. The institute has a strong research focus with approx. Rs 535+ crore of sanctioned research funding, with PhD scholars accounting for about 30% of total student strength. IITH has more than 7,500+ research publications with 1,00,000+ Citations, 190+ Published Patents, 1,700+ sponsored/consultancy projects with 500+ running projects, and about 100+ startups.

To know more, please visit https://www.iith.ac.in/.


iTIC at IIT Hyderabad Investing More Than Rs. 1.5 Cr in Deeptech Startups

iTIC at IIT Hyderabad Investing More Than Rs. 1.7 Cr in Deeptech Startups

iTIC Incubator at IIT Hyderabad investing more than INR 1.5 Crores in DeepTech startups

  • iTIC is investing INR 10 to 25 lakhs in various startups
  • Selected 8 startups at idea and prototype stages for the support
  • Startups selected are part of the NICE program, NIDHI PRAYAS program, and HDFC grant
iTIC Incubator at IIT Hyderabad (IITH) recently selected 8 deep tech startups from across India to support them via their pre-incubation and incubation support programs. A signing and onboarding ceremony was organized to facilitate and give a boost to top-notch startups. 

iTIC Incubator is investing up to INR 25 Lakhs each in the following 5 Prototype ready startups: 
  1. Learn and Empower which is working on building an accessible game-based learning platform for children with hearing loss, 
  2. LiqSure Systems which is building a water purification system using hydrodynamic cavitation principal for greywater treatment, 
  3. Milatronics which is building automated feeding system for aqua farmers, 
  4. Pranahita Biotrinics is developing AI-powered low-cost testing kits for COVID and other viruses, 
  5. Eaffocare is working on regenerative products for gums and periodontitis treatments.

iTIC is also investing up to INR 10 Lakhs each in 3 Proof of Concept stage startups namely Humus Biosystems which is working on water treatment using microbes and biomaterials, Raibo Systems which is working on developing surgical assistive robots, and Sridevi Machinery which is working on building automated power weeder.

Welcoming the Startups onboard, Prof B S Murty, Director, IITH said, “The focus of IITH is on translating the innovations into technologies useful for humanity. Hence, it is good to see startups working on themes of water treatment, aquafarming, assisted technology for children with special needs, affordable covid testing, etc being part of the list”.

>Asserting the startup initiatives of IITH, Prof Suryakumar S, Faculty-in-charge, Incubation, Innovation & Startups, at IITH said, “Our aim is to provide a vibrant platform for the startups to convert their ideas into successful businesses. We are thankful for the financial support from establishments like NMDC and HDFC in making that happen.”

Other than investments the startups will be supported with structured mentorship, co-working space, access to a maker lab, access to networking and events, investor connects, and access to IITH infrastructure.

iTIC Incubator, IIT Hyderabad to Invest More Than INR 1 Cr into 6 Deep Tech Startups Working on Autonomous Navigation

TiHAN iTIC signing

  • A joint program by iTIC Incubator and TiHAN.
  • Area of interest include Autonomous Navigation and Data Acquisition Systems (UAVs, ROVs, etc)
  • Selected 6 startups at the idea and prototype stages for this year.
  • Startups to get total support of more than INR 1 Cr
Hyderabad: October 11, 2021: As part of the iTIC-TiHAN IITH incubation program, iTIC Incubator at IIT Hyderabad recently selected 6 startups from across India, working in the field of Autonomous Navigation to support them via pre-incubation and incubation support. An onboarding ceremony was organized to facilitate and give a boost to top-notch startups working in this area.

iTIC Incubator is investing up to INR 25 Lakhs each in prototype-ready startups namely UAVIO Labs which is working on building sentient drones, Alog Tech building an autonomous indoor logistics ecosystem for warehousing, and Aviac who are working on Ecological Monitoring using drones. iTIC is also investing up to INR 10 Lakhs each in early-stage startups namely Rovonize who is building surveillance UAVs, Qotpars who are making the finest drones for video and photo applications, and Adiabetic who are working on the passive thermal cooling system for li-ion battery packs.

Prof B S Murty, Director, IIT Hyderabad & President of iTIC and TiHAN, while welcoming the startups and entrepreneurs said, “Technology Development and more importantly, its deployment has always been a focus of IIT Hyderabad. Through the incubation activities, we wish to provide the startups the right ecosystem for successful commercialization of these innovations”.

Speaking on the TiHAN program, Prof Rajalakshmi, Project Director TiHAN said, “Through the TiHAN program, IIT Hyderabad focusing on building research capabilities in the domain of Autonomous Navigation, UAVs and ROVs. In addition to the startups, these facilities will also be available for researchers, industry at large”.

“With these new additions, the Autonomous Navigation Entrepreneurial Community at iTIC becomes much more stronger and diverse. We are committed to support the creation of at least one unicorn in this domain in the next five years”, added Prof Suryakumar S, Faculty-in-charge, Incubation, Innovation, and Startup.

Other than investments the startups will be supported with structured mentorship, co-working space, access to maker lab, and access to IITH infrastructure. iTIC Incubator at IIT Hyderabad supports deep tech startups and is going to support more and more startups from the domain of Autonomous Navigation in the coming months.

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