₹100 crore IIT -B fund to boost tech start-ups
The Free Press Journal|November 22, 2024
The Society for Innovation and Entrepreneurship (SINE) at IIT Bombay is considering launching a venture capital fund of Rs100 crore to support emerging deep-tech and product-driven startups in sectors like biotechnology, space technology, defence, and clean energy. The announcement comes ahead of SINE"s 20th anniversary celebration on November 28-29.
Vikrant Jha

"This fund will bridge funding gaps for early-stage start-ups leveraging cutting-edge technology, with SINE's expertise guiding the selection of ventures with high potential," said Shaji Varghese, CEO of SINE. The Institute, however, explained the difficulties faced in starting such an initiative. "Implementing a venture capital fund for an academic sector incubator is a complex problem. The returns for investors may not come in a very quick time," explained Santosh J Gharpure, the professor-in-charge of SINE. However, it will be streamlined sooner rather than later, he added.

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Proud moment
The Free Press Journal

Proud moment

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'Awards render power to the filmmaker'
The Free Press Journal

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A Disney-esque portrayal of a superstar
The Free Press Journal

A Disney-esque portrayal of a superstar

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Varun makes LinkedIn debut
The Free Press Journal

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What causes flatulence and how can you prevent it?
The Free Press Journal

What causes flatulence and how can you prevent it?

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Tata Hitachi: Focus on sustainability in mining
The Free Press Journal

Tata Hitachi: Focus on sustainability in mining

Sandeep Singh, Managing Director of Tata Hitachi, outlines the company's commitment to innovation in the mining sector

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Quaker Houghton: Making mining smarter
The Free Press Journal

Quaker Houghton: Making mining smarter

In this exclusive interview at IMME 2024, mojo4industry speaks with Tridib Majumder, Managing Director, and Kirity Kumar, Senior Business Segment Manager at Quaker Houghton, to discuss the company's innovative approach to mining.

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India remains top focus for Siemens
The Free Press Journal

India remains top focus for Siemens

Dr. Peter Koerte, Member of the Managing Board, CTO, and Chief Strategy Officer, Siemens AG, along with Sunil Mathur, MD & CEO, Siemens Limited, shared key insights into the company's India roadmap

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POM Power innovating energy storage solutions
The Free Press Journal

POM Power innovating energy storage solutions

I.B. Rao, Managing Director of POM Systems & Services, talks about the company's journey in the power backup industry

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ADVERTISERS RETURNING TO X – ONLY TENTATIVELY
The Free Press Journal

ADVERTISERS RETURNING TO X – ONLY TENTATIVELY

Several large brands have made their return to X, following a boycott in 2023, AdWeek reported.

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November 23, 2024