IIT Roorkee start-up wins national award 2022 for energy storage

NEW DELHI: An Indian Institute of Technology Roorkee (IITR) start-up, Indi Energy won the National Startup Award 2022 in the 'energy storage' category.

Indi Energy produces sodium-ion batteries, a sustainable alternative to lithium-ion batteries and lead-acid batteries. The sodium-ion batteries are powered by hard carbon – the anode material, which is derived primarily from biomass.

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The start-up aims to provide affordable and reliable energy storage solutions for wide range of application, including electric vehicles, grid storage, and portable electronics. Indi Energy is trying to empower the nation with an Indigenously developed battery including its components to make India self-reliant.

IIT Roorkee recently a launched a scheme for supporting faculty-led start-ups. The scheme the commercialisation of technologies developed by IIT Roorkee faculty. This support is provided for prototyping, pilot testing, and marketing expenses. It is noteworthy that IIT Roorkee also has Faculty Entrepreneurship Policy in place.

The award, presented recently in Delhi, celebrates startups in India. In recognition, the certificate of commendation was presented by Government of India, Minister of Commerce and Industries, Piyush Goyal.

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Addressing participants during the awards ceremony, Government of India, Minister of Commerce and Industries, Piyush Goyal, said: “India is now the third largest ecosystem for start-ups in the world. And this dream would not have been possible without the launch of Digital India. I congratulate each of you for taking that one step towards becoming a developed nation.” The third edition of the awards was aimed at honoring businesses that offer innovative and ground-breaking solutions that encourage the nation’s sustainable economic development and provide large-scale employment opportunities.

Congratulating the whole Indi Energy team led by IIT Roorkee, Yogesh Sharma, director, KK Pant, said: “The National Startup Award 2022 is among the most prestigious awards in Indian start-up ecosystem. IIT Roorkee is committed to providing hand-holding support to start-ups founded by IITR faculty and students. Further, the ecosystem is continuously being developed to nurture new ideas and innovation in science and technology.”