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IIT Delhi to Invest in Deep Technology Startups; Plans to Invest Over $361 Mn

IIT Delhi to Invest in Deep Technology Startups; Plans to Invest Over $361 Mn

  • The Indian Institute of Technology-Delhi (IIT-Delhi) is starting a program to back deep technology startups including artificial intelligence (AI) and machine learning to boost its research ecosystem, reported LiveMint quoting V. Ramgopal Rao, Director of IIT-Delhi.
  • With the upcoming program, IIT-Delhi aims to get benefits from startups' research output, patent and to boost industry-academia collaborations.
  • Startups focusing on connected intelligent systems, mixed reality, advanced materials, drug discovery and medical research, will be taken on board following a selection process by IIT-Delhi.
  • The institute will support emerging futuristic technologies including connected intelligent systems (CIS), mixed reality, advanced materials, nanorobotics, drugs and vaccines; drug delivery systems) requiring advanced research and development.


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