1. Society for Innovation & Entrepreneurship (SINE) IIT Powai, Incubation Centre | 25th March, 2015
SINE, Society for Innovation and Entrepreneurship, hosted by Indian Institute of Technology Bombay- IIT Bombay is an umbrella for promotion of entrepreneurship at IIT Bombay. SINE administers a business incubator which provides support for technology based entrepreneurship. Thus, SINE extends the role of IIT Bombay by facilitating the conversion of research activity into entrepreneurial ventures.
At IIT SINE Business Incubator, Students got an opportunity to meet various incubates and understand different business model, fund raising, marketing, etc. The students visited more than 11 start ups which showcased not just innovative products but economic and creative as well. The students were stunned to see the immense talent and technological advancement. They were encouraged and imbibed a positive attitude that if one has an innovative idea and hard-working ability, there are several resources to give them an impetus.
SINE & its Start ups
Coin is an innovative and secured app that allows you to make payments through your mobile devices. It replaces cash everywhere! Home delivery, Restaurants, Shopping.
igrenEnergi is creating disruptive products for the renewable energy and storage markets. Devices built using its patented ‘Energy Packetization’ technology enable superior harvesting, conversion, storage and application of electricity across a wide spectrum of use cases.
Atomberg Technologies has developed a series of data acquisition systems capable of acquiring data from up to 32 channels in real time. The software package allows data saving, analysis and plotting capabilities in real-time. ATOMBERG Technologies has already established presence in diversified field and currently offers products in data acquisition, vehicle tracking, industrial machine monitoring and industrial automation systems.
Omnikart makes strategic procurement on behalf of customers. They provide an online catalogue of products with all the technical guidelines, price and lead time from various suppliers. It is assigned to a group of people trained and skilled in negotiating, contractual terms and conditions, cost reduction and other purchasing techniques.
Lucideus, a cyber space security leader, is the trusted standard for companies that need to protect their brands, businesses and dignity from debilitating Cyber-attacks. A select group of Cyber Analysts who lay bare before the concealed faces of World Wide Web. We Teach, Analyze, Train and Remediate. We deliver easy-to-use security products and services, both generic and customized to keep your web-space and networks protected.
NanoSniff Technologies is an IIT Bombay based Product R&D organization, working in the sphere of MEMS and NEMS technologies. It is one of the first Indian companies to offer specialist products around Nano-scale devices, having already commercialized the Micro cantilever Sensor technology successfully.
Computer Masti is a program to teach computer science in schools. It is currently being used by 4,00,000 students spread across India. CM addresses the need for active computer learning through a cutting edge Computer Science core curriculum. It is a collaborative product of IIT Bombay and InOpen Technologies. Computer Masti Learning Solutions constitutes of graded Text Book (or eBook) with support of Teacher Training, Handholding and Assessments. The Program is available for CBSE, ICSE, IGCSE and SSC Boards.
Purple Squirrel: They are based at SINE, IIT-Bombay incubated company, organizing customized industry visits for college students. They partner with companies large and small, bridging the gap between campus and corporate.
kWatt Solutions Pvt. Ltd.
kWatt Solutions Private Limited is a company incubated in Society for Innovation and Entrepreneurship or SINE at renowned institute, Indian Institute of Technology (IIT) Bombay. The company is operational in Renewable Energy space focusing on energy optimization and technology customization to endow with economic renewable energy solutions by creating and nurturing network of entrepreneurs; and by doing so, kWatt Solutions is working towards economizing renewables.
Urjas started in the labs of IIT Bombay as an attempt to bridge the energy gap between needs and availability in remote India by a team of young engineers passionate about renewable energy. Highly qualified team of IITians, megawatts of cumulative experience in installation of renewable energy power plants and a strategic relationship with our suppliers provide us with the edge needed to achieve that target. From system design to product installation, the team works with one vision – “A smiling earth … a smiling partner”.
SWEEP Enviro is an IIT Bombay (SINE) based Environment solution organization founded by four IITB graduates to serve public and private organizations from in-house experts as well as experts from IITs on a wide range of strategic and site specific environmental and sustainability issues. We specialize in providing strategic advice to clients in energy, air, water and waste management sectors. SWEEP Enviro is committed to deliver quality and feasible solutions in timely bound manner.
Appvigil addresses the core problem of security and vulnerability in android mobile applications right from the very start of development. Appvigil’s core focus is a security audit service for mobile applications on the android platform and is committed to track and tackle any security vulnerabilities.
Knit offers teachers a free and simple way to text parents. Keeping safety into mind they made messaging one-way and kept phone numbers private. Now every teacher can use it to send out reminders, homework, group pics and thereby give progress reports to the parents regularly.
SensiBol develops proprietary, patentable audio-processing technologies for the Media, Entertainment, Telecom, Music and Education industries. Their solutions are integrated and optimized across platforms – Mobile App (Android, iOS), Web, IVR, and desktop App (Windows). Their team consists of mostly PhDs and Masters from IIT Bombay, who share an immense passion for audio and technology. Their technologies and solutions are available for licensing to interested clients and partners.
2. ICICI Bank, Mumbai | 26th March, 2015
About ICICI, Mumbai: ICICI Bank is multinational banking and financial services company headquartered in Mumbai, Maharashtra, India. As of 2014 it is the second largest bank in India in terms of assets and market capitalization. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management. The Bank has a network of 3,880
branches and 12,269 ATMs in India, and has a presence in 19 countries.
At ICICI Headquarters, Mr. Vineet Dhar, Zonal Head talked about history, insights, range of financial products, future development and career opportunities at ICICI. He interacted with the students in a playful manner and made them feel comfortable. He further talked about his professional journey and advised the students to be determined and dedicated towards their goal.
3. Bombay Stock Exchange, Mumbai | 26th March, 2015
Bombay Stock Exchange (BSE), Indian stock exchange located at Dalal Street, Kala Ghoda,Mumbai, Maharashtra, India. Established in 1875 and is considered to be one of Asia’s fastest stock exchanges, with a speed of 200 microseconds and one of India’s leading exchange groups and the oldest stock exchange in the South Asia region. Bombay Stock Exchange is the world’s 10th largest stock market by market capitalization at $1.7 trillion as of 23 January 2015. More than 5,000 companies are listed on BSE.
The students visited BSE and ICICI Headquarter. The first session was on the topic “Insights of Stock Market” at BSE. The faculty, Ms. Krupa Desai and Vice President, Mr. Aranha Roy at BSE Institute shared the insights of Stock Market. The speakers shared their experiences and encouraged the students to look forward to a career in finance and have great prospects in the future.
4. National Stock Exchange, Mumbai | 18th March, 2016
The National Stock Exchange of India Limited (NSE) is a leading stock exchange of India, located in Mumbai. NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.
Mr. Gurudatta G Dhanokar, Director, explained enthusiastically various concepts like compounding interest, forward contract, future contract, derivatives, main products, arbitrage that is to take advantage of encasing mispricing. He also explained the students when to purchase the shares and when to sell it. Mr. Dhanokar also taught them how to do valuation of shares, shares should be purchased and sold on the basis of valuation of shares and not based on prices of the shares.
‘It was truly a wonderful session for us. It widened our insights of stock market.
5. CEAT Tyres, Mumbai | 18th March, 2016
CEAT stands for movement with the finest tyres known for their tough, smooth and secure grip on roads. It manufactures high-performance world-class radials for a wide variety of vehicles.
Students reached CEAT Tyres Bhandup at 3.00 p.m. and one of the trainer persons of company explained us manufacturing process, production system, why they changed their mission, major customers of company. Then they gave students an opportunity to see how the actual production of tyres is being done.
‘It was altogether a new experience to all the students. The manufacturing process was really a learning aspect for us. The students thoroughly enjoyed the visit.
6. ICICI Bank, Mumbai | 19th March, 2016
ICICI Bank (Industrial Credit and Investment Corporation of India) is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara. In 2014, it was the second largest bank in India in terms of assets and third in term of market capitalisation.
On 19th march students reached at ICICI training centre at Chandivali. They divided all students in 3 groups and 3 trainers were allocated with each group. The groups were taken to E-branch near to training centre where they saw lot many new things. At ICICI training centre, they were taught functioning of NEFT & RTGS, NRI account, how TDS cuts from interest on each account, cheque clearance process. Most fascinating thing was to see cheque scanner machine and how it operated. ICICI learning centre was a great experience to cherish.
7. Empire Industries, Mumbai | 19th March, 2016
In second half, students visited empire industries at around 2 P.M which is located at Vikhroli. Empire industries limited is a 105 “year old public limited company – a multifaceted conglomerate with interest in diverse businesses and associated with several international partner in each operating division.
They divided the students in 3 groups. During the visit they demonstrated the production of glass containers at each stage very well. Victrum’s fully automated plant produces one million glass container daily, on fully automatic eight section double gob machine. And then after the trainers solved the various queries of students. In all, they learned a huge deal of practical know how of glass manufacturing.