Mr. Sachin Dubey and Mr. Usman Khan of Module Innovations Pvt Ltd and Mr. Hrishikesh Mungi of Abhiruchi Probiotics Pvt Ltd were covered by The Economic Times in their “Entrepreneurship” section. Both Module Innovations and Abhiruchi Probiotics are beneficiaries of “Lab2Mkt ” program of Venture Center.
The article focuses on scientists turning entrepreneurs and taking their research from labs to market through Venture Center’s early stage technology commercialization programs like “Lab2Mkt”, along with aid from various funding agencies including “Biotechnology Ignition Grant” from Department of Biotechnology, Government of India.
More about the news can be read here
Flipkart founders Sachin Bansal and Binny Bansal have invested $1 million in Ather Energy Pvt Ltd. Ather Energy, an electric vehicle start-up based out of the incubation cell of IIT Madras focuses on designing high-speed electric two-wheelers for the Indian market.
Ather also raised $1 million in February this year from V Srinivas (founder, Aerospike) and the Technology Development Board, Government of India.
More about the news can be read at :
The Economic Times: Flipkart founders Sachin & Binny Bansal invest $1 mn in electric vehicle start-up Ather
NDTV Profit: Flipkart Founders Invest $1 Million in Electric Vehicle Start-Up Ather
The Hindu Business Line: Flipkart founders invest $1 million in electric vehicle start-up Ather