Professors from IIT Madras started 94 startups with a market value of Rs 1400 crore

Startups in various fields by 77 professors

Startups launched with the goal of efficient water management from hybrid aerial vehicles and conversion of waste into crude

Research on vertical takeoff and landing planes, work on future prospects for air taxis

New Delhi: IIT (Indian Institute of Technology) Madras professors have set up a total of 94 startups in the last one decade, all with a current market value of Rs 1,400 crore. In the last one, IIT. A total of 240 startup professors from Madras have served as founders, mentors or consultants.

Of these, 94 companies or startups are started by professors. These startups have been started with the aim of turning waste from hybrid aerial vehicles into crude oil.

IIT According to the data and statistics released by the Incubation Cell of Madras, a total of 77 professors from different departments of the institute are involved in the activity of setting up startups. This figure is 13% of the total faculty capacity of 600. It is worth mentioning that IIT Madras is one of the best universities in the world.

The startup also includes a hybrid aerial vehicle. Attempts are being made to build a plane that can land vertically and take off and can be used as an air taxi. Also a startup is doing research with the aim of turning waste into crude.

The highest number of startups is from the electric department. This is followed by Mechanical, Civil Engineering, Aeronautics and Applied Mechanics. The CEO of the organization's incubation cell. Tamaswati Ghosh says that these startups are mostly in the field of deep technology. So that it requires deep research.