India, April 2 -- ATK

New Delhi [India], April 2: The IIT Alumni Council acts as a knowledge centre and enabler to identify and deploy frontier technologies. Cost-effective access to these shortlisted technologies is critical for India to achieve stated goals for socio- economic progress, import substitution, environment preservation, quality of life enhancement, export revenue growth and global technology leadership.

Accordingly, the Council had facilitated the creation of a social impact fund (www.megafund.in) to provide patient capital for research intensive startups. In conjunction with its mission organisations, the Council identified six key technologies in September 2020 for capability and competency creation. The identified area...