Incubated at the IIT Madras research park in 2018, the two founders Shreeram Ravichandran and Gobinath Pandurangan of Modulus Housing set out to revolutionise modular prefab structures. At their manufacturing unit in Chengalpet, Tamil Nadu, they recently developed Covid-19 micro-hospitals with four zones — a doctor's room, an isolation room, a medical room/ward, and a twin-bed ICU. It can be installed anywhere in two hours.
Amity Institute of Advance Research and Studies (AIARS), Noida, invented a polyaniline coated activated carbon composite system for dye and heavy metal removal from wastewater. The method, based on the adsorption-desorption mechanism, an innovative two-in-one approach, awaits patent approval. The technology was transferred to S S Engineering Corporation, Noida, in June 2018.
Phool.co is a biomaterial start-up that turns waste from temples into charcoal-free incense sticks through unique technology.
The start-up, founded by IIT Kanpur students Ankit Agarwal and Prateek Kumar in 2017, recently launched ‘Fleather’ — a vegan alternative to leather. In August, it raised $1.4 million in a funding round led by IAN Fund and San Francisco-based Draper Richards Kaplan Foundation.
In 2009, students of the Kalinga Institute of Industrial Technology (KIIT), Bhubaneswar, developed a predictive logistics platform for businesses to optimise the movement of goods, solving complicated last-mile delivery issues on a mobile platform. Their technology, named FarEye, shrinks delivery time by 27 per cent. FarEye is used by over 150 global retailers. In April 2020, the company, valued at ₹3,000 crore, raised an investment of $25 million led by M12 (Microsoft’s venture fund).