IIT Roorkee's iHUB DivyaSampark inaugurates second incubation, innovation facility

NEW DELHI: iHUB DivyaSampark at the Indian Institute of Technology Roorkee (IITR) inaugurated its second incubation and innovation facility at IITR's Greater Noida extension center today, December 9, 2022.

iHub Divysampark will be focusing on deep-tech and emerging technologies artificial intelligence (AI), machine learning (ML), robotics, drones, IoT, blockchain, smart devices among others. The facility aims to provide support to aspiring entrepreneurs in emerging technologies in line with India's Atmanirbhar mission. The centers have been supported 16 start-ups with a funding of Rs 8 crore and is planning to support 30 startups with a total commitment Rs 15 crore over the next 12 months.

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iHub is currently providing training to college students in NCR region in deep technologies, 300 students have been trained so far. iHUB DivyaSampark was established under the National Mission on Interdisciplinary Cyber-Physical Systems (NMiCPS) mission. The department of science and technology (DST) and IIT Roorkee collaborated to develop iHub Divyasampark as a not for profit corporation. The three main focal areas of iHub divyasmapark are smart city, digital health, and industry 4.0.

Speaking at the inauguration, IIT Roorkee, director, KK Pant said: " Startups specially the deep tech startups are going to play a critical role in India’s growth story over the next decade. IIT Roorkee being a premier technology, is fully committed to contribute in the innovation ecosystem of India. I am very happy to share that iHub Divyasamapark technology hub @ IIT Roorkee is supporting many startups in deep technologies and have very aggressive plan to support many more startups over the next two years. It is very heartening to see that other than our main campus in IIT Roorkee, iHub is now present in NCR region to support innovators and startups from nearby colleges. Prof Pant further said that in the last 12 months, iHUB DivyaSampark has supported 16 startups with total funding commitment of 8 Cr and is further planning to support 30 more startups with a total commitment 15 Cr over the next 12 months. "

Speaking on the occasion, iHub Divyasampark, CEO, Manish Anand said: "Greater Noida center was established with a mission to support innovators specially from tier 2 tier colleges. iHub Divyasmapak efforts have already started showing result where two startups connected to it have been listed at 30 most promising deep tech startup of 2022 by yourstory at its annual event TechSparks. iHub is soon going to starts in startup accelerator program to support startup that are beyond seed fund stage. iHub is also providing training to students of nearby colleges in NCR region in deep technologies and under that program already 300 students have been trained so far. "