Deeptech startups in India are now coming into global prominence. The sector’s success largely owes itself to science & engineering talent, and the 117-year-old academic institute that has imbibed these elements to build an ecosystem that nurtures these kinds of founders.Within the Indian Institute of Science (IISc), the Foundation for Science Innovation and Development (FSID), which was formally incorporated in 2020, has been engaged with deeptech startups in the country, enlarging the scope of its activity each year. The core philosophy driving FSID aligns with that of IISc.“It is always about taking the know-how developed on the campus (IISc) to the outside world. The second part is that it should somehow be relevant to the immediate world around us,” says Prof Balan Gurumoorthy, Director – FSID, in an interview with YourStory.Given the depth and breadth of IISc in the varied disciplines of science and engineering, deeptech startups would easily fit into its groove. Gurumoothy highlights the path of a deeptech startup —science, technology, engineering, and finally, the product.“Our definition is very simple, you know, which is that anything where the offering is based on unique or new science. Then we say, that is our game where we would like to… Read MoreYourStory RSS Feed
