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Pact to fund incubation activities of startup

By The Assam Tribune
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Staff Reporter

GUWAHATI, March 18: A tripartite agreement was signed between Numaligarh Refinery Ltd (NRL), Indian Institute of Technology (IIT) Guwahati and Vigitrics Private Limited, a startup selected through NRL’s flagship startup funding initiative iDEATION, to fund incubation activities of the startup for two years at IIT Guwahati’s Technology Incubation Centre (TIC).

The agreement was signed by Senior Chief General Manager (Corporate Affairs) NRL, Nikunja Borthakur; Dean (Industrial Interactions and Special Initiatives) IIT Guwahati, Prof G Krishnamoorthy and Director, Vigitrics Pharvesh Salman Choudhary in the presence of Director, IIT Guwahati Dr TG Sitharam, other officials of NRL, IIT Guwahati and Vigitrics Private Ltd at IIT Guwahati on Wednesday.

Vigitrics will develop an ‘Intelligent Drowsiness Detection System’ for vehicle drivers.

The project aims to build a low-cost non-intrusive system to determine the drowsiness of the driver and to alarm the driver if drowsiness is detected. The system will incorporate two different methods of drowsiness detection reducing the risk of a false drowsiness assessment and consist of physiological sensors as well as cameras backed by suitable machine learning algorithm for data analysis.

NRL had launched iDEATION in 2017 to lend wings to the dreams and ideas of entrepreneurs from the North East by selecting promising ideas and assisting them to grow. Out of Rs 10 crore earmarked for startup funding, about Rs 5.5 crore has already been allocated across 23 startups.

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Pact to fund incubation activities of startup

Staff Reporter

GUWAHATI, March 18: A tripartite agreement was signed between Numaligarh Refinery Ltd (NRL), Indian Institute of Technology (IIT) Guwahati and Vigitrics Private Limited, a startup selected through NRL’s flagship startup funding initiative iDEATION, to fund incubation activities of the startup for two years at IIT Guwahati’s Technology Incubation Centre (TIC).

The agreement was signed by Senior Chief General Manager (Corporate Affairs) NRL, Nikunja Borthakur; Dean (Industrial Interactions and Special Initiatives) IIT Guwahati, Prof G Krishnamoorthy and Director, Vigitrics Pharvesh Salman Choudhary in the presence of Director, IIT Guwahati Dr TG Sitharam, other officials of NRL, IIT Guwahati and Vigitrics Private Ltd at IIT Guwahati on Wednesday.

Vigitrics will develop an ‘Intelligent Drowsiness Detection System’ for vehicle drivers.

The project aims to build a low-cost non-intrusive system to determine the drowsiness of the driver and to alarm the driver if drowsiness is detected. The system will incorporate two different methods of drowsiness detection reducing the risk of a false drowsiness assessment and consist of physiological sensors as well as cameras backed by suitable machine learning algorithm for data analysis.

NRL had launched iDEATION in 2017 to lend wings to the dreams and ideas of entrepreneurs from the North East by selecting promising ideas and assisting them to grow. Out of Rs 10 crore earmarked for startup funding, about Rs 5.5 crore has already been allocated across 23 startups.

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