Page 173 - Annual Report 2021-22

VIT-TBI

 Tishyas Medical Devices and Development Solutions Pvt. Ltd was selected for a grant of
Rs.30 Lakhs under the Elevate 100 program of Govt.of Karnataka for developing a battery

run, fully portable eye screening device. The result was announced during Apr’22. The
company also provided with a loan of Rs.1.25 Crores by Indian Bank under the IndSpring
Board Scheme based on the referral by VITTBI.

 Pebbl.life a brand by Unlearners Tech Pvt Ltd, under incubation at VIT TBI has received the
first place and won a sum of Rs.20, 000 in the Business Ideation Challenge held during the E-

Summit at Mahindra University, Hyderabad on 28th and 29th April.

 Veon Green Innovations under incubation at VITTBI working in the agriculture domain was
selected for round 2 of UPJA 2022 Incubation Program and will be receiving a grant of Rs. 25
lakhs. This startup also got qualified for the ARISE 2022 in May 2022 and will be receiving a
grant of Rs. 5 lakhs.

 House of Babas Internet and InsideFPV under incubation at VITTBI have been shortlisted in
the phase 1 of Shark tank India in May 2022 and insideFPV went on to participate in the
phase 2 event that was telecast in Jan 2023 and 4 of the sharks have evinced interest to
invest in insideFPV

 TeraLumen Solutions Private Limited was announced the proud winner of the ‘Menterra
Impact Challenge – Healthcare’. Mentera has committed an investment of Rs.50 Lakhs in
Teralumens.

Dr. Jyotirmayee Dash, co-founder, Teralumen Solutions received Rs. 10 lakhs
under TANSEED, Govt. of Tamil Nadu.

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