Altair India Incubator Initiative joins hands with FITT-IIT Delhi to boost startups

In its Incubator Outreach Initiative, Altair identifies, supports, and mentors budding startups.

Autocar Pro News Desk By Autocar Pro News Desk calendar 02 Aug 2022 Views icon4994 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

Altair, a worldwide leader in computational science and artificial intelligence (AI), announced the launch of the Altair India Incubator Outreach Initiative in collaboration with IIT Delhi's Foundation for Innovation and Technology Transfer (FITT).

In its Incubator Outreach Initiative, Altair identifies, supports, and mentors budding startups and provides them with Altair's simulation, optimisation, and machine learning technologies. Using these technologies and tools, startups gain access to high-fidelity, best-in-class product development tools and Altair's industry experts for assistance and training. Moreover, Altair maintains engagements with several pillars of India's startup ecosystem, such as funding agencies, industry experts, homologation agencies, distinguished professors, and Startup India / Invest India, so that startups can leverage external resources and increase visibility.

Vishwanath Rao, MD, Altair India and Gulf Coordination Countries (GCC) said, “The startup ecosystem in India is buzzing with new ideas. Disruptive technologies like AI, machine learning, and additive manufacturing are rapidly transforming the way companies innovate.

“We collaborate with startups to enable them to accelerate innovation with our simulation and machine learning technologies. I believe these startups will not only build an intellectual property-based economy for the country but also create an ecosystem of new industries to catalyze the vision of the ‘Make in India’ and ‘$5 trillion USD economy’ government initiatives” he further added.

Anil Wani, MD, FITT at IIT Delhi said, “This partnership will tremendously add to the repertoire of simulation tools with us to help innovators and start-ups in our incubation and accelerator set up.” 

 

RELATED ARTICLES
Hero Electric to source wiring harness solutions from Dhoot Transmission

auther Autocar Pro News Desk calendar08 Feb 2023

Dhoot Transmission has collaborated with the EV OEM on the 3D design for the wiring harness which is designed to deliver...

BYD India gets over 2,000 bookings for Atto 3 e-SUV, begins deliveries

auther Autocar Pro News Desk calendar07 Feb 2023

The Atto 3 has received more than 2,000 bookings since its launch in November 2022; only 1,200 units available to custom...

Ather Energy targets staffers of 2,500 corporates to make the shift to EVs

auther Autocar Pro News Desk calendar07 Feb 2023

Electric two-wheeler OEM bundles corporate discounts and exchange offers worth Rs 16,259 on Ather 450 e-scooters to driv...