Working out of 8 ft x10 ft rooms in IIT Delhi's incubation centre, as many as 18 infant technology startups are each striving to solve problems in fields ranging from automobiles to health, biotechnology and heritage conservation. The startups founded by IIT alumni get mentoring, infrastructure support and funding at the Foundation for Innovation and Technology Transfer (FITT).
The year-old B2B company is run out of the incubator by IIT alumni Peeyush Asati, Nikesh Bisht and Shivam Wankhede and engineers Adarshkumar B and Prashanth Sridharan.
"Even the big automobile names in India just import parts from China and fit them on to the vehicle's chassis. But we can design specific parts for them and they'll have access to technology," says Bisht. "For instance, electric twowheeler maker Okinawa is using 35-kilo batteries. For the same energy range, our design can be produced at 8.5 kilos," he explains.
The startup has signed a contract with Okinawa. The founders believe the hardware they are working on is just the tool to collect data.
"The bigger thing is the data associated with the automobiles. It can be used for predictive maintenance, by traffic agencies, and by OEMs to improve products," says Wankhede. The company expects 1,000 electric scooters with their technology to be on the road by 2018-end. Vecmocon, which has filed two patents, has started vehicle testing.
The incubation centre allows companies to stay on for two to three years. During the remaining two years at FITT, Vecmocon wants to cover 10,000 vehicles.
NANO CLEAN GLOBAL
As India rakes in the dubious distinction of being among the most polluted countries every year, IIT-D alumni Prateek Sharma, Tushar Vyas and Jatin Kewlani of Nano Clean Global have developed naso filters- nano technology-based nasal filters that filters the air that the wearer inhales.