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IIT Madras’ CREST unit develops India’s first data platform on Incubators & Accelerators

IIT Madras’ Centre for Research on Start-ups and Risk Financing (CREST) has developed India’s first data platform on incubators and accelerators in collaboration with YNOS, an IIT Madras-incubated start-up.

IIT Madras launches platform on Incubators & Accelerators(Archives )
IIT Madras launches platform on Incubators & Accelerators(Archives )

According to a press launch, the AI-powered platform consists of complete data on incubators and accelerators, which play an vital function in serving to start-ups navigate an unsure entrepreneurial ecosystem. The main goal of the platform is to allow entrepreneurs to determine, examine, and analyze the incubator most fitted for his or her start-up.

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Dr. Jayesh Ranjan, Principal Secretary, Departments of Information Technology, Electronics and Communications, Industries and Commerce, Government of Telangana, and Member, Board of Directors of T-Hub, the most important incubator in India, formally launched the ‘Incubators’ platform at Hyderabad on November 17 within the presence of Prof. Thillai Rajan, A., Professor on the Department of Management Studies, IIT Madras, and Principal Investigator of CREST. Prof. Thillai Rajan can be the Founder and Director of YNOS Venture Engine, the press launch stated.

Speaking on the event, Dr Ranjan stated, “The development of the Indian start-up ecosystem is dependent upon a powerful incubator ecosystem. Research has proven that there’s a direct correlation between start-up formation and variety of incubators.”

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He identified that getting details about numerous incubation facilities has all the time been a problem, including that with the provision of Incubators, this drawback has been squarely addressed. Dr Ranjan said, “There is little doubt that the platform would considerably profit entrepreneurs by presenting numerous incubation alternatives obtainable to them and serving to them to determine the right incubator for his or her start-up.”

Prof. A. Thillai Rajan, whereas talking on the event, stated that the platform would assist the start-up founders at a number of ranges. These embrace incubation help, and offering data on numerous parameters to assist start-up founders determine incubators suited to their necessities, amongst different advantages.

Features of the Incubators Platform:

• Use of the most recent know-how instruments to investigate the incubator and accelerator panorama in India.

• Features intuitive filters on a number of incubator parameters to determine a set of incubators that fulfill totally different standards for shortlisting and bookmark incubators for detailed evaluation.

• Providing information on greater than 920 incubators and accelerators.

For extra data, go to the official web site

Hemant Arorahttps://thetimesnews.in
Hi i am Hemant Arora, With a passion for keeping people informed, I am a dedicated news publisher who brings the latest headlines right to your fingertips. After honing my journalism skills as a reporter for the local paper, I decided to take the plunge and launch my own online news platform.


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