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IIT Kanpur's incubation centre drives innovation with more than 100 aided startups!

Launched with an objective to cater to the diversified consumer demands of the day, the startups will boost the economy upwards.

Fueling the growth of new firms in the country, the incubation centre at IIT Kanpur has successfully supported more than 100 startups, with an aggregated valuation of $1 Billion. Launched with an objective to cater to the diversified consumer demands of the day, the startups will drive the economy upwards. Reportedly, this initiative is led by Foundation for Research & Innovation in Science & Technology (FIRST), a Section-8 company aided by IIT-K.


One-third of total incubates already in the revenue-making stage

As per reports FIRST was formed in 2018 as a subsidiary body of Technology Business Incubator at IIT Kanpur, known as the Start-up Incubation and Innovation Centre (SIIC). Through this scheme, IIT Kanpur has worked towards its goal of transforming creative ideas into profit-making projects. Amid the vibrant atmosphere at IIT-K, the incubator helps budding entrepreneurs to create internationally appealing products and services.

Reportedly, SIIC hosts over 100 firms across a wide range of sectors including healthcare, agri-tech, cleantech, artificial intelligence, and machine learning. Notably, reports state that around 50% of the companies started at SIIC, have undergone growth for more than five years. Further, around one-third of the total firms have already entered the revenue-making stage.

Leading the development of new with support from multiple organisations

As per reports, SIDBI, the Department of Science and Technology (DST), the Department of Scientific and Industrial Research (DSIR), the Department of Biotechnology (DBT) and other government organisations have supported SIIC since its inception. Besides, the state authorities have sanctioned the establishment of the Centre for Excellence in Artificial Intelligence & Innovation Driven Entrepreneurship at Noida.

On the funding front, the SIIC has been supported by Ansys, ICICI Securities, HDFC Bank, Tata trusts, Bill & Melinda Gates Foundation and other international agglomerates. In addition to this, aid from corporate partners like Escorts Group, Tech Mahindra, and Punjab National Bank has strengthened the organisation at the grassroots. Additionally, widespread programs like the Ventilator Project and the Mission Bharat O2 were executed with support from these associates during the pandemic.

With Halloween and Diwali just around the corner, Lucknow is in the thick of the festive season. If you're a party enthusiast who just wants to go out and celebrate this exciting time, The Drowning Street has you covered with a great lineup of events, this month!

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Lucknow's Lohia hospital successfully completes its first ABO mismatch kidney transplant!

Notably, the RML Institute of Medical Sciences is second only to the PGI to conduct such a procedure in Lucknow.

Adding yet another accolade to its name, the Ram Manohar Lohia Institute of Medical Sciences in Lucknow has successfully completed its first-ever ABO-incompatible kidney transplant surgery. While the mismatch blood group operation was conducted recently at the newly launched facility at the Lohia Hospital, its information was shared only after the donor and recipient recovered fully. Notably, the RML Institute of Medical Sciences is second only to the SGPGIMS to conduct this advanced procedure in Lucknow.

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New coaches for Kanpur metro unveiled for the first time at Polytechnic Depot!

The Uttar Pradesh Metro Rail Corporation received their second set of three coaches for Kanpur Metro, on Tuesday.

On Tuesday, Uttar Pradesh Metro Rail Corporation received their second set of three coaches for Kanpur Metro. These "Made in India" coaches were unveiled for the first time at Polytechnic Depot, as soon as the coaches for the second train arrived in the city.

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India scores #VaccineCentury by completing 100 crore COVID vaccinations today!

The nationwide vaccination drive against coronavirus was launched on January 16, 2021.

Continuing the fight against COVID, India has reportedly crossed the 100 crore vaccination mark today! The nation achieved this feat in just over nine months after the inoculation programme was started across the country on January 16, 2021. According to the official data, about 75% of the beneficiaries have received the first dose of the vaccine while only 31% of the entire eligible population has been vaccinated fully, as of now.

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New in Lucknow, Blue Tribe is adding the flavour of plant-based meats to the city's love for food

This is not sorcery - it is the BlueTribe science and it's revolutionary!

Nothing quite spells a Lucknowite's love for food better than an affair with the meaty food grubs! But if you are someone who wishes to move away from the guilt of consuming the animal meat, without really giving up on its succulent taste, you're in the right place, at the right time!

The Blue Tribe foods have announced their arrival in Lucknow, with a host of plant-based meat treats in its tow, to quite aptly fit the bill! Yes, you did read that right! It's meat but it is vegetarian, healthy, and delicious. And nooo! this is not sorcery - it is the Blue Tribe science and it's revolutionary.

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PVR Maison multiplex to be launched at Jio World Drive in Mumbai on October 22

PVR Maison to screen its first show in Mumbai on Friday

As all cinema halls across Maharashtra prepare for a reopening on October 22, an announcement by the PVR cinemas on Wednesday has added to the excitement of the theatre buffs in Mumbai. The multiplex chain is all set to launch its six-screen PVR Maison at the Jio World Drive in BKC on Friday, the same day as other cinemas revive services after the long COVID hiatus. As per reports, the unit will follow all pandemic related protocols and operate at only 50% of the 882 audience seating capacity.

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Find products & handicrafts from all over the country at Khadi Festival & Silk Expo-2 in Lucknow

Khadi Festival & Silk Expo 2021 will be in place till October 30 at Indira Gandhi Pratisthan

Among the festivities of the Azadi Ka Amrit Mahotsav in India, a series of programmes have found their ground across the country and the ongoing 15-day Khadi Festival and Silk Expo 2021 in Lucknow is part of the same. Taking place at the Indira Gandhi Pratishtran in Gomti Nagar, the event kickstarted on Saturday, October 16, and will continue until October 30. Head out to this extravagant show right away and let its colourful exuberance light up your festive preparations in a jiffy.

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