Mumbai: IIT-Bombay Funds 7 Research Projects with ₹1-2 Crore Each
IIT-Bombay’s Technical Innovation Hub will support seven research projects with ₹10 crore in total funding and guidance for market readiness
Mumbai, India, IIT-Bombay, Research, Funding, Innovation
Mumbai: So, IIT Bombay just announced some exciting news! They’re going to fund seven research projects with a total of ₹10 crore. Each project will get between ₹1-2 crore, which is pretty awesome. Plus, they’ll provide support to help these researchers take their ideas from the lab to the market.
This decision came after they hosted an event called ATMAN 2.0, where innovators and researchers from top institutions showcased some cool Agri-IoT research. It was a big deal, and it happened on January 6, 2025.
Researchers from various IITs and other institutes participated, showing off over 20 deeptech projects. It was a great opportunity for them to pitch their ideas and get funding. The whole event created a fund of ₹10 crore, which is a big boost for innovation.
Prof. Abhay Karandikar mentioned that ATMAN 2.0 is a significant step in advancing innovation and connecting labs with markets. It’s all about turning academic research into solutions that can really make a difference.
Prof. Milind Atrey added that this initiative helps bridge the gap between academic innovation and industry, marking a proud moment for IIT-B. They’re really focused on making research ready for the market.
Kiran Shesh, the CEO of the Technical Innovation Hub, said that ATMAN 2.0 highlights their growth and commitment to developing talent and impactful projects. They’re ready to tackle more national projects in the future.
Many industries, including big names like Tata and Jio, were part of the event, which also showcased some promising Agritech startups. It’s an exciting time for research and innovation in India!