Renaura Wellness Pvt Ltd, a startup founded by two engineering students while still in college, has developed a hard-water shampoo and conditioner. Nishant Gupta was doing his electronics and instrumentation engineering and his partner in the venture, Palash Pandey, was studying chemical engineering at the same college.
How did they hit upon the idea of a shampoo and conditioner for hard-water? Well, says Nishant, 27, the water in the town they were studying in was hard and since there was no existing technology, he and Palash decided to take this up as a venture.
It got incubated at the technology business incubator at the college, thanks to which it was able to get grants and, more importantly, access to the laboratory in the college and guidance from a host of experienced mentors.
Abhijeet Chaudhari started working on his venture when he was doing his M.Tech in Energy Science and Environmental Engineering. His company, Enrecover Energy Recovery Solutions Ltd, has developed waste heat recovery systems at low temperatures. It got incubated at the technology business incubator at the college, giving the venture the boost in terms of availability to grants and mentors. It has got an order from Tata Steel for a waste heat recovery product.
A multinational company in the renewable energy space recently picked up a 40 per cent stake in Enrecover Energy Solutions for about ₹1.5 crore.
Denne historien er fra November 26, 2019-utgaven av The Hindu Business Line.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 26, 2019-utgaven av The Hindu Business Line.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Covid Presents An Opportunity For India
India must attract investors exiting China post-Covid. Streamlining of project clearances and relaxation in FRBM norms will help
Did Alternative Assets Shield You From Covid-19 Volatility?
The assets closely linked to stock and debt markets could not stave off the losses
How To Put Aircraft To Bed
Preserving grounded planes, to get them up and flying at short notice, is a challenging task. Ashwini Phadnis captures the process
There Can Be No Going Back On WFH
Covid-19 has fast-forwarded the shift to ‘work from home’. However, some face-to-face connect will always be needed
UN, WHO Urged To Ensure ‘Benefit Sharing' Of Covid-Related Data
Biopharma firms should reach vaccines, medicines to poor nations at an affordable price, say civil society bodies
With No Clear Signal From Rlys, States Explore Ways To Bring Back Migrants
Quarantine centres, cross-country buses being arranged even as migrants hop on to boats, trucks and ambulances
Centre Allows All Neighbourhood Shops To Open But With Riders
Final call will be taken by local authorities; shopping complexes that draw fewer ‘outsiders’ are permitted to operate
Covid Impact Relatively Muted In India
Compared to Italy and the US, India’s rate of infection spread has been slow. This can be attributed to the strict measures in place
How Global Trade Will Fare Post-Covid
China isn’t likely to lose its pre-eminent position soon. India, for one, will need to make manufacturing globally competitive
How To Curb Harassment In The Virtual Office
Training and sensitisation are essential. Institute a strict dress code and chat etiquette to ensure professionalism during video calls