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Dear All,
Festive greetings from SINE.
May this Diwali festival of lights bring immense success and happiness as the diyas shine and the chanting resonate throughout the air.
We hope technology innovations and advancement reaches new heights and elevates great success.
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SINE was delighted to host Mr. Wally Adeyemo, Deputy Secretary, U.S Department of the Treasury and senior members of US Consulate. The Deputy Secretary visited SINE and had a round table interaction with entrepreneurs and student innovators. Prof Subhasis Chaudhuri, Director of IIT Bombay (IITB) and SINE's Professor in Charge, Prof Santosh Gharpure presented about the contribution of IITB Innovations to the startup ecosystem.
The Deputy Secretary was very positive about entrepreneurial synergies between India and the US. |
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SINE was recognised by the Department of Science and Technology, Government of India (DST) as a key enabler in promoting innovation, incubation and entrepreneurship activities at the DST Startup Utsav event. The event was celebrated as a part of Azadi ka Amrit Mahotsav in New Delhi on the occasion of the 75th Anniversary of Indian Independence. |
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Poyni Bhatt, CEO of SINE was felicitated by DST for her contribution towards fostering incubation and entrepreneurship in the country.
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Compendia of two programs managed by SINE viz. DST NIDHI PRAYAS and DST CAWACH were released during the event.
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 Fintech Startup WonderLend Hubs (WLH) raised USD 1.6 Million in a Seed Round Led by Inflection Point Ventures.
WLH is a No-Code PaaS solution provider focused on the LendTech and ChannelTech domains. The capital raised will be utilized for augmenting the platform, strengthening sales, marketing, and building a delivery excellence framework to grow the business at scale. Read More..
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MedTech startup EffecMed raised funding of USD 1 Million from strategic investor - Kaygee Investments for the development of its bone regeneration and bone repair devices. |
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ImmunoACT, a clinical stage cell and gene therapy company has demonstrated promising results in Phase 1 clinical trials where they treated 10 lymphoma patients. Promising early results were demonstrated wherein their CAR-T cell therapy completely eliminated cancer in 3 patients. |
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Ayati Devices launched VIBRASENSE Lite, a point-of-care self-monitoring device to monitor foot neuropathy at home. The vision of the company is to screen every diabetic patient for neuropathy at an early stage to prevent foot amputations.
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Choira - Low latency remote collaboration platform for musicians and production companies.
Inspecity - Multi-Operational Orbital Vehicles (MOOVs), which deploy satellites to their destined orbits.
WeatherCast - A deep-tech tool, to provide accurate hyperlocal information about weather and micro-climate.
Greyeast - Fermentation technology using bio-cultures & bio-enzymes which help degrade hazardous chemicals into simpler and non-toxic forms.
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Five SINE startups viz. Haystack Analytics, Ayu Devices, Bionic Hope, Emergy Enviro and Ayati Devices who are working on solving civic problems received confirmed paid pilots with BMC without having to go through any tendering process. |
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SINE incubated startups - Ayati Devices, Pacify Medical Technologies and Arishti Cybertech were selected as the top 100 winners of Maharashtra Startup Week 2022, under Governance category |
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Indra Water won the Innovator of the Year award for their technological innovation in the water sector and having the highest innovation quotient amongst more than 250 startups. |
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Haystack Analytics was awarded Tech Startup of The Year (Big Data) at the 12th Annual Entrepreneur India Awards organised by Entrepreneur India.
They were also selected as Winner 1 of CAHOTECH 2022 Pitch Fest for Healthcare Startups. |
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SINE in partnership with Defence Innovation Organization (DIO) and mach33.aero organized an investor and startup connect at IITB for Innovations for Defence Excellence (iDEX) winners. Close to 15 investors participated in the event. Sixteen iDEX winners presented to the panel of investors. |
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SINE hosted ‘Pitch Fest-CAHO TECH 2022’ with the Consortium of Accredited Healthcare Organisation (CAHO) at IITB.
Seventeen curated healthcare startups pitched to a panel of Angel Investors, Doctors, Hospital Administrators, CXOs, Incubators and other Healthcare Ecosystem Enablers.
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SINE's in-house coaching program called SINE-START (Acronym for Startup Training to Achieve Right Target) for early-stage innovators commenced in September end. The 4-week online program aims to broaden participants’ thinking from a technology-centric mindset to a venture-centric perspective of doing business. Various functional aspects of business are explained to budding entrepreneurs by industry experts and seasoned entrepreneurs. |
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Programs & Sessions
Alkem Laboratories Ltd. an Indian multinational pharmaceutical company interacted with 7 SINE healthcare startups to explore synergies.
Technology Development Board (TDB) conducted an awareness session of funding opportunities for commercialization and scaling.
Newly joined faculty members of IIT Bombay were oriented about entrepreneurship related opportunities and ecosystem offered by SINE.
Department Of Science And Technology (DST), Govt of India, appointed Project Management Committee (PMC) for its NIDHI – PRAYAS & EIR programs, evaluated over two days 32 Technology Business Incubators for implementing PRAYAS & EIR programs across the country. PRAYAS is a prototype support grant initiative and EIR is monthly fellowship grant program of DST for innovators and entrepreneurs.
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PARTNERSHIPS
SINE signed an MoU with Maruti Suzuki India Limited (MSIL). Through their open innovation program, startups in the mobility space get an opportunity to undertake a paid pilot with MSIL. SINE with its expertise in startups and venture creation aims to identify highly innovative deeptech startups that have the potential to transform the automotive industry.
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Sixteen Technology Solutions Providers (TSP), signed agreements under Powerthon 2022 in an event organised in Delhi. These TSPs working on cutting-edge technologies in the Power sector will be executing pilots with 12 DISCOMs for the next 4 months.
SINE is the implementing partner of Powerthon 2022, an Initiative under the Revamped Distribution Sector Scheme (RDSS) by the Ministry of Power, Govt of India to enable advanced technologies in power distribution.
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Plugin Alliance, the industry technology alliance of which SINE and Intel India are the founding members expanded to 85 members. By leveraging SINE MoU with Indian bank, 6 startups who were looking for debt funding support were recommended to Indian Bank out of which one received the funding and others are being processed. |
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SINE in partnership with Boeing India opened applications for Boeing University Innovation Leadership Development Program (BUILD) for early-stage entrepreneurs. It is a unique industry-leading program for the entire spectrum of student-to-startup community, helping accelerate the entire startup ecosystem in the country.
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SINE hosted our partners from Industrial Technology Research Institute (ITRI), Taiwan. SINE and ITRI have a long standing relationship, and we actively collaborate to support hardware and manufacturing startups associated with SINE, and we look forward to hosting Taiwanese startups at SINE. |
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SINE interacted with officials from Taipei Computer Associaton (TCA) to continue our partnership in promoting cross border startup exchange. |
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ICICI Securities (ISEC) visited SINE to see the work and witness the impact created by the startups supported by them via CSR funding.
SINE interacted with officials from Brazil Consulate to discuss avenues to support startups in varied technology domains. |
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"However difficult life may seem, there is always something you can do and succeed at."
- Stephen Hawking
Stay Connected with us!
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