IIT Mandi's first student-faculty incubated startup wins Best Entrepreneurship Award 2022 3rd prize
India Today
IIT Mandi's first student-faculty incubated startup 'Intiot Services PVT. LTD' won the third prize in the Best Entrepreneurship Award 2022, under the Chief Minister's Startup, Innovation Project, and New Industries Scheme.
IIT Mandi’s first student-faculty incubated startup ‘Intiot Services PVT. LTD’ won the third prize in the Best Entrepreneurship Award 2022, under the Chief Minister's Startup, Innovation Project, and New Industries Scheme.
The award was given earlier this month by Bikram Singh, honorable Industries, Transport, Labor, and Employment Minister, Himachal Pradesh in the presence of Rakesh Kumar Prajapati, IAS, Director Industries, Himachal Pradesh.
A total of six startups were awarded for converting their ideas into best-commercialised startups for the year 2019-20 and 2020-21. Intiot's landslide monitoring system (LMS) was awarded third amongst the top startups initiated in 2019-20.
The LMS is the solution for the landslide threats in the hilly terrain. The Intiot team has deployed around 40 LMS systems in the Himalayas to alert and save people's lives by early warnings in places susceptible to landslides.
The Industries Department in Shimla organised the Annual Entrepreneurship Awards function, and founders of brilliant startups were awarded under Chief Minister's Startup, Innovation Project, and New Industries Scheme.
The dignitaries also took time to understand the glitches and requirements of various startups in the venue.
In northern, northeastern, and southern states in India, climate-change-induced floods and landslides are becoming an annual affair. Consistent rains during the monsoon season are now grappling with devastating landslides.
