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  • Writer's pictureTIH-IIT Patna Communications

TIH-IIT Patna's Activities Update: First Phase 2023-2024


Through the series of these newsletters we are making the activities and achievements of TIH IIT Patna public. The objective is to spread awareness about various impactful activities carried out by the TIH IIT Patna under the leadership of Indian Institute of Technology Patna.


People

Prof. Dr. Trilok Nath Singh

Director IIT Patna and Chairman BoD TIH IIT Patna

Dr. Anup Kumar Keshri

Associate Professor IIT Patna and Project Director TIH IIT Patna

Entrepreneurship Development

Between April 2023- June 2024 TIH incubated and provided equity based funding to several startups that were in their infancy or pre-money/Pre-revenue stage. Below we are listing the names of the companies with their details in place:


Name

Area

Fund

Equity (%)

Valuation

Year

Redinent Innovation Systems

Cybersecurity of IoT Devices

80 Lakhs

2.58

30 Crores

2022

Palanam Technologies

Video Analytics

10 Lakhs

5

2 Crores

2022

EVXplorer

Data and GIS

5 Lakhs

1.5


2022

Big O Health

Health Care

15 Lakhs

1.5


2022

Portable Power Technologies PVT LTD

Batteries

30 Lakhs

4.9


2022

Atya Technologies

IoT For Enabling TinyML, Speech, Text and Video Analytics

30 Lakhs

5

6 Crores

2022

MatchDay AI

Video Analytics

30 Lakhs

0.88

23 Crores

2023

Truvoice

Text Analytics

30 Lakhs

1.3

21.5 Crores

2023

Digital Clinics

Video Analytics

1 Crore

2.76

36.17 Crores

2023

Vyli Health

Speech and Video Analytics for Healthcare

30 Lakhs

1.41

20.39 Crores

2023

Aureal ONE

Data Analytics

30 Lakhs

0.98

30.48 Crores

2023

GI Bots

Text Analytics

1 Crore

1.41

1.88 Crores

2023

Scraptechies

Drone

30 Lakhs

2

2 Crores

2022

Arthashastra Intelligence

AI Based text Analytics and Business Intelligence

30 Lakhs

0.74

40.5 Crores

2023

Eyecan

Video and text analytics for assisting visually impaired

30 Lakhs

1.19

24.76 Crores

2023

SCOGO Networks Private Limited

Text, speech and data Analytics

1 Crore

1.23

79.91 Crores

2024

ProZero Carbon

Text Analytics and ESG

30 Lakhs

0.99

30.05 Crores

2024

Zykrr

Text and Speech Analytics

1 Crore

0.12

215.38 Crores

2023

Embed View Solutions

Pharma 4.0: Text and Data Analytics

1 Crore

3.09

32.22 Crores

2024

Drivuum

Video and Text Analytics

30 Lakhs


10 Crores

2024

Total


8.98 Crore

~42%

~606.34 Crores




Skill Development

The following broad areas were finalized through committee approvals:

Course 1: Data science Speech Text Video Analytics perspective

Course 2: Embedded, Materials Science for additive manufacturing, and IoT for Speech Text Video Analytics perspective.






Advanced Graduate/Postgraduate Courses

The Indian Institute of Technology Patna through Vishlesan I-Hub Foundation offers M. Tech course in Artificial Intelligence. Based on the high demand the current intake of this course has been increased this year. The First batch of this course saw 24 of the 27 students getting placed with an average salary package of 29 Lakhs Per Annum.


In addition TIH is also offering the same course in hybrid mode in association with IIT Patna's service provider and partner- Microtek Educational Society. The intake will be 60 seats and beyond. Full details here.


International Collaborations

Lincoln University College Malaysia (LUCM), the Indian Institute of Technology Patna (IIT Patna), and the Technology Innovation Hub at IIT Patna (TIH-IIT Patna) have come together through strategic Memorandums of Understanding (MoUs). These partnerships are designed to pave new pathways in higher education and entrepreneurship. Full details can be found here

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