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Time of India
3 hours ago
- Time of India
Tech professors turn startup founders, VCs take note
ETtech Academy Empower your mind, elevate your skills For years, India's leading research institutions engaged in cutting-edge research and development, much of which remained confined to labs. That's beginning to change as faculty members are turning entrepreneurs, and investors are taking Indian Institute of Science (IISc), Indian Institutes of Technology (IITs), Indian Institutes of Information Technology (IIITs) and BITS Pilani, professor-founded startups have seen a 20-30% year-onyear increase. Venture capitalists (VCs) are viewing these ventures as fertile ground for intellectual property (IP)-heavy, globally competitive deep tech innovation 'We've invested in about eight or nine professor-led startups across our two funds from IITs, IISc and even global institutions like MIT, Harvard and Caltech. It's not yet the norm, but it's definitely a growing pattern,' said Ashwin Raghuraman, co-founder of Bharat Innovation Fund, an early-stage venture told ET that earlier, professors faced peer pressure and felt they were 'selling out' by focusing on commercialisation, caught in the classic 'Lakshmi versus Saraswati", or wealth versus knowledge, dilemma. But that mindset is now starting to change. 'With founders now raising series B and C in deep tech, it's giving academics more confidence that this isn't just an experiment, it can scale,' said Manu Iyer, co-founder of BlueHill watchers said success stories such as Ather Energy , where IIT Madras' incubation centre earned Rs 50 crore, and other startups, such as Agnikul Cosmos, ePlane and Pure EV, scaling up are prompting more professors to consider entrepreneurship.'Simply writing papers wasn't satisfying because the traditional way by which science is taken forward isn't inclusive. It started to feel more attractive to explore something on the entrepreneurial side,' said Manoj Gopalkrishnan, founder of Algorithmic who served as a professor at IIT Bombay for more than a decade, launched the molecular diagnostics startup in 2021 after his Covid-19-related research paper went viral and drew VC interest. Satya Chakravarthy, professor of aerospace engineering from IIT Madras, has co-founded six deep tech Invest, which has invested in six professor-led startups, said incubation centres are playing a big role. They provide a framework for professors and startups to collaborate, encouraging faculty entrepreneurship, and professors are seen as people who know their domains inside out.'Today's professors, especially those in their 40s and 50s, are incredibly well-informed. They've seenthe practical side of business and understand the soul of their technology. For deep tech startups, they often make the best founders,' said Rajaram


Time of India
9 hours ago
- Time of India
CM irresponsible in saying Covid vax caused heart issues: Joshi
Hubballi: The rising incidence of heart attacks across the state has become a significant health concern. Following this, an expert committee appointed by the state govt concluded in their report that there is no linkage between heart attacks and Covid vaccination. Union minister Pralhad Joshi criticised CM Siddaramaiah , questioning his response to these findings. In a press conference here on Sunday, Joshi criticised the CM's "irresponsible attribution of heart attacks to Covid vaccines without proper investigation". He demanded the CM apologise to the nation and the scientific community. Joshi strongly denounced the CM's actions of questioning vaccine efficacy without reviewing expert findings, thereby disrespecting vaccine researchers and scientists. He insisted Siddaramaiah should publicly apologise to the country's scientific community. Regarding Siddaramaiah's vaccination status at 74, Joshi queried whether he received domestic or foreign vaccines. He referenced the expert committee's report led by Dr KS. Ravindranath of Jayadeva Institute, which clearly stated that there was no connection between vaccines and cardiac events. Joshi questioned the CM's stance on the official state committee's findings, absolving the vaccine of side-effects. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Canada is looking for skilled immigrants from Jamaica! Canadian Visa Professionals Sign Up Undo He assured that central authorities like ICMR and NCDC would address any nationwide increase in heart attacks. He highlighted PM Modi's support for domestic vaccine development, crucial for India's large population. The country successfully produced 240 crore vaccine doses for domestic use and supplied them to 150 nations, earning international recognition, he said. Joshi criticised Siddaramaiah's vaccine scepticism, questioning if it aimed to damage India's pharmaceutical export reputation. He noted Congress's tendency to doubt domestic achievements while readily accepting foreign alternatives.


Time of India
9 hours ago
- Time of India
Minister Rajanna orders health screenings for all schoolchildren in Hassan
Hassan: With the sudden increase in heart attack-related deaths in Hassan, district minister KN Rajanna on Sunday instructed officials to conduct health check-ups for all schoolchildren in the district within 15 days. Speaking at a review meeting at Channarayapatna, he mentioned that based on studies, there was no link between Covid vaccine and heart attacks. He noted that hereditary factors, dietary habits, lifestyle, physical stress, and other reasons could be causes. "To accurately determine the cause of death, a postmortem is required, but families do not consent to it," he said. He instructed that a separate case history be prepared for each case related to Hassan. The minister said the govt is considering forming a plan for the check-up and will take advanced measures to prevent such deaths in the future by holding a meeting with senior experts. He mentioned that steps will be taken to provide necessary equipment to Hassan's superspecialty hospital and that a meeting will be held with the health minister in the district to take action. He suggested focusing on what measures should be taken to prevent issues during meetings at community and primary health centres. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like local network access control Esseps Learn More Undo He emphasised that accurate information should be disseminated to avoid public panic due to misinformation. Deputy commissioner Latha Kumari said the exact cause of deaths in the district is unknown, and a team has been formed to investigate each case. She mentioned that instructions have already been given to ensure the availability of necessary medicines in govt hospitals. "Measures have been taken to raise awareness among young people," she added. MP Shreyas Patel, zilla panchayat chief executive officer BR Poornima, superintendent of police Mohammada Sujeetha, additional deputy commissioner KT Shanthala, district health and family welfare officer Dr Anil, HIMS director Dr Rajanna, and other officials were present at the meeting.