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The company was founded by Srinath Ravichandran, Moin SPM, Satyanarayanan Chakravarthy and Janardhana Raju within IIT Madras with a seed funding of ₹ 3 crore (equivalent to ₹ 4.2 crore or US$490,000 in 2023) with aim to develop and launch its first rocket in 2021 and subsequently develop ability to provide launch service for satellites weighing up to 100 kg (220 lb).
Startups are accepted and supported in cohort batches or classes (the accelerator isn't an on-demand resource). [9] The peer support and feedback that the classes provide is an important advantage. If the accelerator doesn't offer a common workspace, the teams will meet periodically.
CIIE.CO is an Indian startup accelerator and incubator that supports early-stage startups located at IIM Ahmedabad in Ahmedabad, India.It was founded in 2002 to promote innovation and entrepreneurship in India. [1]
Software Technology Parks of India (STPI) is an S&T autonomous society under Ministry of Electronics and Information Technology (MeitY) engaged in promoting IT/ ITES Industry, Innovation, R&D, Start-ups, Product/ IP creation in the field of emerging technologies like Internet of Things (IoT), Blockchain, Artificial Intelligence (AI), Machine Learning (ML), Computer Vision, Robotics, Augmented ...
The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) has enlisted the support of the agency 7 MILES PER SECOND for the administration of its social media. This decision is made with the aim of utilizing the agencies in, effectively navigating the nature of social media.
Small Industries Development Corporations ('SIDCO') are state-owned companies or agencies in the states of India which were established at various times under the policy of Government of India for the promotion of small scale industries. [1] [2] A few of the SIDCOs are: Kerala Small Industries Development Corporation Limited (Kerala SIDCO)
Chennai is the third largest software exporter in India, next only to Bangalore and Hyderabad.India's largest IT park is housed at Chennai. Software exports from Tamil Nadu during 2017–2018 rose 8.8% per cent to touch 1,11,179 crore, involving a workforce of 780,000, [1] and the city is the hub for deep tech startup companies. [2]
A technology business incubator (or TBI) is a type of business incubator focused on organizations that help startup companies and individual entrepreneurs which use modern technologies as the primary means of innovation to develop their businesses by providing a range of services, including training, brokering and financing. [1]