Business Ideas, Innovation, News

India’s energy entrepreneurs

Make the Future India

India’s energy entrepreneurs

Shell launched its E4 programme in India to help start-ups accelerate the transition into a lower-carbon future. Four participants tell Inside Energy about their ideas and the pressing energy challenge they hope to solve.

By Soh Chin Ong on Jul 12, 2019

Raj Saxena

The spaceman
Ashtesh Kumar, 25
Co-founder, Manastu Space

Manastu Space wants to develop safe and sustainable propulsion systems for rockets and satellites.

“As a child I would watch space flights from the Indian Space Research Organisation (ISRO) on TV. I remember being in complete awe of Kalpana Chawla, who was India’s first female astronaut.

Later, while studying mechanical engineering at the Indian Institute of Technology Bombay, I met Tushar Jadhav, a senior student who was leading a team to launch a satellite. I joined this project which was being funded by the university as well as the ISRO.

Tushar and I worked well together. We shared a dream to democratise space and make it accessible to all. Many of earth’s problems can be solved from space.

For example, satellites can be used to provide Internet access for the 3 billion people who currently don’t have it. Satellites can also be used as early warning systems for natural disasters like tsunamis or cyclones.

We formed Manastu Space to fulfil our vision. Our first task is to develop a satellite engine powered by a fuel that will make launching affordable, energy-efficient and safe. In time, we hope to scale the engine up to fit a rocket.

Most rocket fuel is currently made up of highly toxic and carcinogenic substances like hydrazine.Our fuel is made with hydrogen peroxide and alcohol – chemicals safe enough to be found in the house.

This fuel is 25% more energy efficient. It can also be broken down to release water, oxygen and heat – essential to sustain life.

This means it could be used in future to land people on Mars. Not necessarily to live there, but to discover solutions for earth.

Our dreams may be in space. But we are grounded by our desire to solve earth’s many problems.

I might not get to become an astronaut. But I can certainly help develop the ecosystem for the astronauts of the future.”

Raj Saxena

The changemaker
Suruchi Rao, 33
Co-founder, Ossus Biorenewables

Ossus Biorenewables attempts to harness energy from industrial waste water, sewage and contaminated water.

“I decided to start my company after a chance encounter in Mumbai with a civil servant.

He told me about a sugarcane farmer whose family had been making alcohol from sugarcane molasses for generations. That was until the authorities shut down his distillery and fined him heavily for dumping contaminated wastewater into an open stream.

The farmer had no idea why he had been fined or where the waste water had gone. He had been paying a man periodically to get rid of it.

That story made me realise people do not understand the value in waste water.

Less than 0.3% of the world’s water is returned to its source. We rely heavily on rain, assuming our water supply will be refilled constantly. When there is a drought, we never ask if there is a way to use water in a sustainable manner.

I had just completed my PhD in bioprocess technology at the Institute of Chemical Technology in Mumbai where I worked on a project converting crop waste to biofuel.

I was inspired, therefore, to develop a technology focused on waste water.

In this technology, microorganisms consume the organic matter and generate electrons, producing reconstituted clean water and biohydrogen, as a source of power. Metals are also extracted from the waste water.

Communities and industries end up with clean water, as well as metals and biohydrogen – a sustainable, carbon-negative and high-density energy carrier – which they can sell.

Things have been moving fast in the last two years since I started. My parents have been very supportive.

My mother, who is a lawyer, is co-founder of the company. She takes care of the business, while I take care of the tech. It’s been a winning formula so far.”

Raj Saxena

The digital connector
Raj Saxena, 39
Founder, LogisticsNow

LogisticsNow provides digital data that helps businesses transport their goods more cheaply and efficiently. 

“I was born in Delhi. My father was a senior executive at Indian Railways and we lived in eight different states in India. My childhood memories are of trains and trucks and cargo.

I also spent seven years in the USA, first at university, and then working for an American IT company helping clients manage technology and supply chain matters.

During that time, while visiting India, I saw that the logistics ecosystem was completely different from that in the USA.

Companies lack access to accurate data that helps them decide how and when to move goods, through data such as weather patterns and traffic conditions.

I saw problems but also opportunities. So I moved back home.

I travelled from Punjab in the north to Kerala in the south. I talked to truck drivers, factory owners and logistics companies.

In many places, I saw fruit and vegetables strewn on both sides of the road. But, a few hours away, I would see trucks parked up idle. The drivers would have been sitting around for days with nothing to do, not earning any money.

This happens because the farmers and drivers have to rely on middlemen when they do not have access to real-time accurate information.

That made me realise, in some cases, poverty isn’t necessarily caused by people not having food or work. It happens because systems are not fair and equitable.

Across most sectors, companies face similar issues. They lack useful information to make good business decisions. These experiences eventually inspired me to start my company.

Logistics should be something people take for granted, the way you assume flicking on a switch will give you electricity and turning on a tap will give you running water.

I know we can make a difference, not only in India, but around the world.”

Raj Saxena

The problem solver
Daniel Raj David, 24
Co-founder, Detect Technologies

Detect Technologies develops drones and sensors to monitor leaks and corrosion in pipes and other large infrastructure.

“When I was a kid, physics was my favourite subject. I loved Newton’s Three Laws of Motion, which says each action has an equal and opposite reaction. I could see those rules being applied in everyday cause-and-effect situations.

I find meaning in solving real problems. Sure, I want to make the world a better place. But there is no point in having a dream or vision if it doesn’t address a real market problem.

That is how Detect Technologies was formed. My three co-founders and I were studying at the Indian Institute of Technology Madras.

We realised the country’s oil and gas industry had no safe and cost-effective technology to monitor pipe leaks.

Damage assessment is mainly be done manually by humans and it normally takes three to four days just to assemble scaffolding for the workers. After the work is done, the scaffolding is dismantled and thrown away.

We wanted to fix this. With the help of our professor and a team of some 20 students, we started work on a sensor that could operate at high temperatures.

That work would eventually lead to our first innovation, a Guided Ultrasonic Monitoring Pipeline System, or GUMPS. We launched it in 2013 and since then, some around 80% of the energy companies in India have signed up with us, as have many others in the steel, chemical and fertiliser industries.

We are only three years old, but we already have around 100 employees in our offices in Chennai, Mumbai and Gujarat. In the last three years, I have travelled across India, as well as to Europe, Canada and Malaysia exploring new business opportunities and markets.

We are achieving only 10% of what we are ultimately capable of. And it takes a long time to build a legacy.”

 

https://www.shell.com/inside-energy/india-energy-entrepreneurs-e4-bangalore.html

Business Ideas, Innovation

Innovation for TATA employees

Tata InnoVista is a unique ‘One Tata’ platform for recognizing and celebrating innovations of the companies at the group level. Participating in the group-wide initiative encourages and motivates the teams and promotes a culture of collaborative innovation, learning and sharing. Tata InnoVista demonstrates the ability of our teams to solve real business problems with innovative solutions, their focus on creating visible impact and the intrapreneur culture. Over the years, Tata InnoVista has evolved into a central enabler for nurturing the enthusiasm of our teams towards innovation and building a sustainable innovation culture.

Awards have been instituted under the following categories:

  1. Implemented Innovations
  2. Dare to Try
  3. Piloted Technologies
  4. Design Honour
  5. Most Innovative Partner

For more information – Click Here

Business Ideas, Innovation, Startups

The hunt for the next big startup in India begins

Birla Institute of Technology and Science (BITS), Pilani, in collaboration with CampusStory – a YourStory initiative, brings to you BITS Pilani Entrepreneurship Conclave. Here’s an opportunity for budding entrepreneurs to showcase their innovative products and services. North India’s largest summit of its kind, the conclave will take place on March 30, 2019, as a part of APOGEE, the annual technical festival of BITS Pilani, on Pilani Campus.

BITS PILANI-BPLAN competition

BITS Pilani Entrepreneurship Conclave, powered by ABInBev Innovation Brewery, aims to redefine entrepreneurship and product innovation, and build conversation on the new frontiers of startups.

Additionally, the conclave serves to provide next-gen founders with an opportunity to showcase their budding ventures at a national platform to top mentors and investors. With exciting prizes and rewards for the winners, Pillani Entrepreneurship Conclave is the ideal platform for all ambitious entrepreneurs to showcase their vision and business acumen.

Save the date

March 30, 2019

Venue: BITS Pilani, Pilani, Jhunjhunu, Rajasthan – 333031

The conclave is set to have three flagship events, including a B-Plan Competition, keynote talks by the who’s who of the Indian startup ecosystem, and workshops to help participants develop the necessary skills to thrive in the ecosystem.

In addition to being a part of this platform, you will have a chance to:

  1. Present your startup at the BITS Pilani Entrepreneurship Conclave in front of India’s top investors and founders.
  2. Have a go at Speed Dating – Investor Networking: A platform to build associations and connections with some of the top professionals of the country.
  3. Network with other startup founders extensively.
  4. Win exciting prizes and goodies worth Rs 1,00,000

Click Here for more details –  https://yourstory.com/2019/02/bits-pilani-entrepreneurship-conclave/

Business Ideas, Business Plans, Mentoring, Motivations, Networking

E-Summit

For all things entrepreneurial, E-Summit 2018 is the place to be at!
“Life isn’t about finding yourself. Life is about creating yourself.”
If you are someone who holds similar thoughts and believe in seizing the opportunities that lay
ahead of you, The Entrepreneurship Summit 2018 is where you should head to on 27th January
2018.
E-Summit 2018 : A Zenith of Innovation is a platform where technologies of tomorrow will be
discussed, exhibited and future will be shaped with the hands of budding Indian Entrepreneurs.
It will demonstrate how startups of tomorrow will contribute towards building a better society,
economy, and government!
The E-Summit has something for everyone. Let’s take a look:
For Budding Entrepreneurs: Immerse yourself in competitions involving business cases,
pitching, develop cutting-edge products in hackathons, get inspired by our multifaceted
speakers, get your ideas validated by experienced mentors!
For Startups: Get the opportunity to receive funding from top investors in India, witness the
latest technology in exhibitions, hire interns and freelancers right away, inspire from stalwarts of
the ecosystem, learn various business development methodologies, network with other startups,
investors, etc.
For Investors & Mentors: Avail the best investment opportunities in startups through various
initiatives, network with sector-specific people, watch how innovation will disrupt the ecosystem
in coming years!
Excited? Join us at the Mecca of entrepreneurship, The E-Summit 2018. For more info visit
ecell.in/esummit

Business Ideas, Business Plans, Networking

MIT offering a new Entrepreneurship Online Bootcamp

MIT is offering a new Entrepreneurship Online Bootcamp. It lasts 8 weeks and costs $2600.00.
You may want to join the Bootcamp and alert your members. Find more information at

http://www2.emeritus.org/programs/mit-entrepreneurship-bootcamp
It would be fantastic to have the Bootcamp experience.

Best Regards,

Natalie Gandhi

MIT
                                  Entrepreneurship Online Bootcamp
Thank you for expressing interest in the new program, MIT Entrepreneurship Online Bootcamp: From Idea To Startup In Eight Weeks. Whether you already identify as an entrepreneur or you simply have a yearning to explore a different path, this program will accelerate your skill development and open new doors.

The word ‘entrepreneur’ comes from a French word meaning ‘to undertake’. There are all sorts of myths out there about entrepreneurs being high-risk gamblers, but nothing could be further from the truth. They take on risk, but they learn to manage risk to their advantage.

In this video from Bootcamp program director Bill Aulet, he defines the often misunderstood practice of entrepreneurship and dispels the common myths about what it takes to be successful.

What Is Entrepreneurship?
Bootcamp
                                  Certificate
Why Enroll In
MIT Entrepreneurship Online Bootcamp?
$42 Mn
Funding for participants in MIT’s Global E-Ship Bootcamps in 3 years
52 %
The world is operating at 52% of its entrepreneurial capacity
SOURCE: CNBC
8 Weeks
Go from idea to startup at the MITEntrepreneurship Online Bootcamp
Bootcamp Alumni Speak
Bootcamp
                                  Alumni Speak
START APPLICATION NOW
Need more information?

As the program advisor, I would be delighted to speak with you about whether this program is right for you and what you can expect to learn. The approach at the Massachusetts Institute of Technology (MIT) is learning by doing. You will have access to MIT Bootcamps coaches, who provide personalized feedback in real-time. Please contact me to learn more. I hope you’ll join us.

Raylon Vincent
Senior Program Advisor
EMERITUS
M: +13159825094
W: www.emeritus.org

Click here to schedule a call with me.

MIT is collaborating with online education provider EMERITUS Institute of Management to offer a portfolio of high-impact online programs. By collaborating with EMERITUS, we are able to broaden access beyond our on-campus offerings in a collaborative and engaging format that stays true to the quality of MIT.
Business Ideas, Calendar, Finance, News, Startups

National Entrepreneurship Awards Scheme (NEAS)

MoSDE has recently announced the Second Call for Application for  National Entrepreneurship Awards Scheme (NEAS)’2017.

The Application window is open from 28th July’17 to 15th Sept’17.

About the Award

 

National Entrepreneurship Awards Scheme (NEAS) has been instituted by the Ministry of Skill Development and Entrepreneurship (MoSDE) to encourage a culture of entrepreneurship across the country.

These premier awards seek to recognise and honour entrepreneurs and entrepreneurship ecosystem builders for their outstanding efforts.

 

There are two tracks under this scheme of awards

 

  1. Award Track  –To honor exceptional entrepreneurs from various sectors.
  • Award money of INR 5 lakh each to the enterprise + Trophy and Certificate
  • A total of 17 Awards under various categories are covered  under Award Track.
  1. Recognition Track –Institutions and Mentors engaged in Entrepreneurship Development
  • Award money of INR 10 lakh each (organisations/institutes) and INR 5 lakh (mentor)  + Trophy and Certificate
  • A total of 6 Awards covered  under Recognition track

 

For more details visit www.neas.gov.in

‘National Entrepreneurship Awards’ Scheme

The National Entrepreneurship Awards have been instituted by the Ministry of Skill Development and Entrepreneurship (MoSDE) to encourage a culture of entrepreneurship across the country. These premier awards seek to recognise and honour entrepreneurs and entrepreneurship ecosystem builders for their outstanding efforts in the field of entrepreneurship development. The Awards also seek to highlight models of excellence for others to emulate and improve upon.

The Call for Application is now open from 28.07.2017- 15.09.2017. Applications should be filled online on www.neas.gov.in.  Also, visit this website for further details.

Regards,

Vandana Vyas

Manager Outreach

Society for Innovation & Entrepreneurship(SINE),IIT Bombay

3rd Floor CSRE Building,IIT Bombay,Powai,Mumbai,IN 400 076

Email: vandana@sineiitb.org

Tel: +91 22 2572 1197

Mob: 9819225007

 

Business Ideas, Education, Motivations, Networking, Resources

TiESmashup 7.0

Register for SmashUp 5.0
Announcing #TiESmashup 7.0 | 22 July, IIT Bombay
Most startups do at least one thing right, but not everything! Hence, there is a need to learn from each other as well. #TiESmashup is an un-conference based on the concept of peer learning from contemporaries. It has been designed as a platform for the startup + by the startup.

This means, #TiESmashup will be devoid of:

    • Big Boys: we invite only early stage entrepreneurs to speak, no VCs no big boy talks
    • 50,000 feet overview: early stage entrepreneurs tend to give you a 2,000 ft overview, more relevant to the stage you are at.
    • Presentations/Gyan: the focus is on the story telling format with ‘Startup Tales’, this makes the learning anecdotal and interactive.
    • Suits: yes, we take this very seriously to maintain the ambience and energy.
What’s in store
The fifth edition of #TiESmashup, we have the following planned up for you:

  • Speed Date the Investors (Apply by 30th June to be eligible)
  • Startup tales
    • The Next Generation
    • Prescription to Disrupt
    • Life after sell out
  • Smasher Award (Apply by 5th July to be eligible)
  • Open Pitches: Speak your heart
  • Keynotes: Get inspired
  • Workshops: Learn from the best in the business
  • Accelerator zone: Get interviewed by leading accelerators (Apply by 10th July to be eligible)

Pricing

Remember, Early Bird pricing is only available till 25th June, so register now. Registering early not only gives you a chance to avail a better price, it also give you access to key activities at #TiESmashup

Click here to block your date and block your seat.

 

For Sponsorship opportunities, write to smashup@tiemumbai.org

Event Details
Date : Saturday, 22nd July 2017
Time : 08:30 – 19:00 Hrs
Venue : VMCC Auditorium, IIT Bombay
Key Dates
5th July:

  • Last date to apply for Smasher Award
30th June:

  • Last date to apply for Speed Date The investors
10th July:

  • Last date to apply for Accelerator interview
Registration
EARLY BIRD PRICING (Until 25th June)
TiE Member: INR 899
Non Member : INR 1299
Non Member + Annual TiE Membership: INR 3799
REGULAR PRICING

(Until 15th July):

TiE Member: INR 1099
Non Member : INR 1499
Non Member + Annual TiE Membership: INR 3974
On The Spot / 22 July
TiE Member: INR 1799
Non Member : INR 4674
To Register
REGISTER NOW
For queries drop a mail on
events@tiemumbai.org
Phone : 022-42200106
Membership
Renew Your Membership/Sign Up
I am a Charter Member

I am an Associate Member
I am a Student member I am Not a Member
Join the TiE Network
Click here to Sign Up