MIT PUNE
ETtech Deals Digest: Eloelo leads as weekly funding rises to $142 million, down 35% on-year
Eloelo led deal activity with $80 million, followed by Peppermint Robotics at $10.6 million, altM at $10.3 million, Two Point O Capital at $10 million, and PowerUp Money at $10 million. Crane Venture Partners was among the most active investors, backing Peppermint Robotics and Armatrix. Omnivore invested in altM and Two Point O Capital, while Flourish Ventures backed PowerUp Money.
Pune viral video: Father beats up alleged harasser of his daughter near MIT ADT campus
A viral video shows a father physically confronting a student accused of harassing his daughter near Pune's MIT ADT University. The incident, following 15 days of alleged online stalking, has sparked debate on student safety and vigilante justice, with authorities investigating.
Researchers claim carbon-negative tech development for green hydrogen production
Researchers at MIT-WPU have developed a carbon-negative process converting mixed agricultural waste into bioCNG and green hydrogen, aligning with India's Green Hydrogen Mission. The innovative method achieves a 12% biomass-to-gas conversion efficiency using a unique bio-culture. A pilot plant is established, also generating valuable byproducts like Biochar and bio-fertilizers, promoting sustainability and farmer empowerment.
Uncontrollable over ambition has caused conflict at global stage: Nitin Gadkari
Union Minister Nitin Gadkari says over ambition causes global conflict. He speaks at an event in Pune. Gadkari emphasizes India's role in promoting world peace. He highlights India's heritage of non-expansionism. Gadkari attends the inauguration of Shri Saraswati Karad Hospital. He asserts India must become 'Vishwa Guru'. Gadkari says Indian ethos focuses on world welfare.
B.Tech graduate’s multi-city tech heist targeting hospitals ends with arrest at Delhi hotel
Delhi Police arrested Vikas, a 31-year-old B.Tech graduate, for allegedly stealing from hospitals across Delhi, Jaipur, Mumbai, and Pune. Triggered by financial difficulties stemming from a COVID-19 treatment dispute, he targeted hospitals, pilfering laptops, phones, and other valuables. Authorities recovered stolen items and are investigating his involvement in other theft cases, prompting hospitals to enhance security measures.
Veteran banker Victor Menezes passes away at 77
Victor Menezes, a veteran banker of Indian origin, has passed away in the US at age 77. An alumnus of IIT-Bombay and MIT, he had a distinguished 32-year career with Citibank, retiring as senior vice chairman. Menezes actively supported philanthropic efforts and is survived by his wife and four children.
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Meet Neha Narkhede, youngest self-made woman entrepreneur in India's rich list
Neha Narkhede, co-Founder of Confluent, a streaming data technology company, now figures in the IIFL Wealth Hurun India Rich List 2022 as the youngest self-made woman entrepreneur.
Completion of important projects used to take long time for decades: PM Modi, says 'speed and scale' key to build infra
Modi was addressing a public meeting at the MIT College ground here after launching and laying the foundation stone of various development projects in Pune. Dwelling on the new approach to infrastructure-led growth in the country, the prime minister said that the most important thing for the development of modern infrastructure in any country is speed and scale.
JEE Advanced topper Chirag Falor to skip studying at IITs, will head to MIT
Falor, who bagged the top rank in the Joint Entrance Exam (JEE) Advanced, had also scored 100 percentile in the JEE-Mains.
Centre sends reminder as Patanjali misses deadlines on setting up first vedic board
The Bhartiya Shiksha Board (BSB) has earned a reminder from the Centre as it races against time to conduct its first board examination by March 2020 that it had committed.
Bringing a signal to phones across India’s villages
Rural India needs ideas. Most of the countryside today is still untouched by innovation, or entrepreneurship.
MIT develops office rent index for India’s top 6 cities
Maiden index, based on Propstack data in collaboration with Massachusetts Institute of Technology, may boost transparency and draw more investments.
Machine learning: A chance for engineering students to look beyond software services
For most engineering graduates in India, there is little in their curriculum that can bring them up to speed on ML and artificial intelligence (AI).
MIT-Pune’s cognitive assistant Chintu to help senior citizens
The students used APIs from IBM’s cognitive platform Watson, along with the IBM Bluemix Cloud platform to create the ‘brains’ or the actual intelligence behind the robot.
MIT Pune, IBM unveil robot 'Chintu'
The robot is the result of IBM’s global Shared University Research grant programme, under which the team at MIT received a grant of Rs 10 lakh to work on this project.
Designgild launches startup accelerator
This is the second accelerator to be set up by the MIT Group after Edugild, India’s first accelerator for edtech startups.
Edtech accelerator Edugild announces second batch of startups
The Edugild program is meant to enhance as many opportunities for our startups to engage with key game changers and decision makers.
Edtech acclerator Edugild signs MoU with Cambridge University Press
The MoU will enable Edugild and CUP to bring in key stakeholders on a single platform. These would be the startups, mentors, early stage investors, publishing houses and partners.
EdTech Accelerator Edugild to set up two more centres in Pune
“This will be aimed at students of these institutes; the founder must be an alumni or current student. It will function as an inculator, both incubator and accelerator.”
No middle space in coming digital manufacturing revolution: Neil Gershenfeld, Director, Center for Bits and Atoms
Medium-sized companies will be hit the hardest by the digital revolution in manufacturing, says Neil Gershenfeld, director of Center for Bits and Atoms.
Indians in tech have done great things but has India benefited?, asks Ross Bassett
When American engineer turned-historian Ross Bassett visits India, he sees connections to the renowned Massachusetts Institute of Technology (MIT) everywhere.
Ayodhya issue: We need monuments for ideal men like Ram, says Mohan Bhagwat
A query by a student to Mohan Bhagwat on whether building a Ram Temple would put food on the plate of the poor led to Bhagwat defending the Ram Temple issue.
Barack Obama felicitates Indian-American scientist Thomas Kailath with top presidential medal
Awarded annually, the medal recognises individuals who have made outstanding contributions to science and engineering.
TastyKhana: How the Rs 2 lakh startup grew to be a Rs 1 crore business in five years
The 54-employee firm hopes to generate a revenue of Rs 2-2.5 crore on orders of about Rs 12 crore by the end of this fiscal year.
Goa girl creates touch-free phone technology
The next 'in' feature for your smart phone might very well be gesture-recognition and it is a young Goan who is behind the innovation.
Pune trust to spend Rs 1K cr for 4 engineering colleges
A Pune-based trust plans to start engineering colleges in Bangalore, Hyderabad, Delhi and Indore, investing Rs 250 crore in each.
Wipro signs MoU with MIT
IT service and solutions provider Wipro has signed an agreement with the Maharashtra Institute of Technology, Pune to provide faculty development programmes, technical sponsorships and student workshops.
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