India Innovation Challenge 2016 ushers a new era of tech startups
The Indian startup ecosystem is one of the fastest growing ecosystems in the world. Sitting as the third largest ecosystems in the world, India Innovation Challenge Design Content (IICDC) launched by Texas Instruments in association with the Department of Science and Technology and Indian Institute of Management Bangalore (IIMB) aimed at giving an opportunity to engineering students to think about tech ideas that would change the socio economic issues that India is facing. The contest provided a platform for startup ideas by engineering students from across the country to help nurture their talent and give support to their game changing tech ideas.
This year the contest garnered participation from 25 states across India, from 624 colleges and 11000 enthusiastic students, of these 428 teams made it through to the Quarter Finals. 55 teams of student innovators moved up to the semifinal stage; 30 of which were finally selected to showcase their ideas in the finals help at Indian Institute of Management Bangalore (IIMB).
Participants were greeted to great inspiration by the dignitaries Prof. Ashok Jhunjhunwala, Shri NS Raghavan, Shri Harkesh Kumar Mittal, Dr. Anita Gupta, Prof. G Raghuram, Dr. Peter Balyta and Sanjay Srivastava.
At the end of the day there has to be an eventual winner and the Top Prize of the contest – “Chairman’s Award” was won by the team from Sri Ramakrishna Institute of Technology, Coimbatore who presented their product – Watch Dog for Aquaculture Farms. The first runner-up and second runner-up awards were won by teams from Indian Institute of Technology Kharagpur and Dream Institute of Technology.
Winner Team from SRIT Coimbatore with their Product
Winner Team from SRIT Comibatore receiving the Award
Another award given away was the Aspiring Tech Talent Award by TI India Women’s Initiative Network, this award seeks to honor the spirit of creativity of women innovation and recognized the contribution of this exceptional women’s team from SDM Institute of Technology, Ujire who were awarded Rs. 1 lakh.
During their journey of India Innovation Challenge Design Contest has not only helped to nurture their technical innovation but have also mentored them to create a successful business around it and sustain their startup. Commenting on the contest journey, Laxmi Kant Tiwari a student from IIT Kharagpur, one of the selected 10 teams said, “We feel honored and privileged to emerge as winners of this year long challenge. It feels all the more exciting to know that we competed amongst the best minds in the country and we were chosen by eminent jury members as one of the winning idea. We are confident that we will be able to work on this innovation further with the assistance and guidance from TI, IIM B and our mentors. We are all thrilled to start our new journey as entrepreneurs”.
If you too have an innovative idea, a dream to create something new and the ambition to make a difference to how we live, then we invite you to participate in Texas Instruments India Innovation Challenge 2017. Visit here to submit an idea today!
Innovate with India, change the world!