IITH incubator to invest more than ₹ 1 crore in six startups
The Hindu
They are working in the field of Autonomous Navigation
As part of the iTIC-TiHAN IITH incubation programme, iTIC Incubator at IIT Hyderabad recently selected six startups from across India, working in the field of Autonomous Navigation to support them via pre-incubation and incubation support. An on-boarding ceremony was organised to facilitate and give a boost to top-notch startups working in this area.
iTIC Incubator is investing up to ₹ 25 lakh 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 which is working on Ecological Monitoring using drones. iTIC is also investing up to ₹ 10 lakh each in early-stage startups namely Rovonize, which is building surveillance UAVs; Qotpars, making the finest drones for video and photo applications, and Adiabetic, working on the passive thermal cooling system for li-ion battery packs.
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