iTIC Incubator at IIT Hyderabad investing more than INR 1.5 Crores in DeepTech startups

iTIC Incubator at IIT Hyderabad investing more than INR 1.5 Crores in DeepTech startups

Hyderabad, May 09, 2022: iTIC Incubator at IIT Hyderabad (IITH) recently selected 8 deep tech startups from across India to support them via their pre-incubation and incubation support programs. A signing and onboarding ceremony was organized to facilitate and give a boost to top-notch startups. iTIC Incubator is investing up to INR 25 Lakhs each in the following 5 Prototype ready startups: Learn and Empower which is working on building an accessible game-based learning platform for children with hearing loss, LiqSure Systems which is building a water purification system using hydrodynamic cavitation principal for greywater treatment, Milatronics which is building automated feeding system for aqua farmers, Pranahita Biotrinics is developing AI-powered low-cost testing kits for COVID and other viruses, Eaffocare is working on regenerative products for gums and periodontitis treatments.

iTIC is also investing up to INR 10 Lakhs each in 3 Proof of Concept stage startups namely Humus Biosystems which is working on water treatment using microbes and biomaterials, Raibo Systems which is working on developing surgical assistive robots, and Sridevi Machinery which is working on building automated power weeder.

Welcoming the Startups onboard, Prof B S Murty, Director, IITH said, “The focus of IITH is on translating the innovations into technologies useful for humanity. Hence, it is good to see startups working on themes of water treatment, aquafarming, assisted technology for children with special needs,  affordable covid testing, etc being part of the list.”