Latest news with #IITRoorkee
India.com
a day ago
- Business
- India.com
Hurun Global Rich List 2025: Who are India's youngest billionaires? their net worth will surprise you, names are...
India has produced several world's wealthiest billionaires. But have you ever wondered who the youngest billionaires in India are in 2025? Well, the co-founders of Razorpay, Shashank Kumar and Harshil Mathur, are India's youngest billionaires. Who are India's youngest billionaires? According to the Hurun Global Rich List 2025, both Shashank Kumar and Harshil Mathur have a net worth of Rs 8643 crore each. Shashank and Harshil's journey started at IIT Roorkee, where they initially met as students. They were driven by their love for technology and problem-solving, and, in 2014, they founded Razorpay with a vision to make digital payments easier and accessible across India. Prior to pursuing entrepreneurship, Shashank Kumar and Harshil Mathur had very promising corporate careers. Kumar was a software development engineer at Microsoft, and Mathur was a wireline field engineer at Schlumberger. However, both of them got frustrated due to the poor state of online payments in India. In his LinkedIn profile, Mathur once wrote, 'We started Razorpay after discovering the dismal state of online payments in India.' Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. It gives you access to all payment modes including credit card, debit card, netbanking, UPI and popular wallets including JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money and PayZapp. 'Founded by IIT Roorkee alumni, Razorpay aims to revolutionize money management for online businesses by providing clean, developer-friendly APIs and hassle-free integration. We offer a fast, affordable and secure way for merchants, schools, ecommerce and other companies to accept and disburse payments online, own a fully-functional current account and avail working capital loans,' reads the official website of Razorpay.
India Today
6 days ago
- India Today
IIT Roorkee develops world's first AI tool to decode Modi script into Devanagari
In a major push for India's digital heritage mission, IIT Roorkee has created the world's first AI model that transliterates the ancient Modi script into Devanagari. The tool, called MoScNet, helps convert old handwritten manuscripts into readable text, making them accessible for research, education, and project, named Historic Scripts to Modern Vision, also includes a one-of-a-kind dataset -- MoDeTrans -- that has over 2,000 images of original Modi script manuscripts. These cover eras from Shivaji's time to the British period and come with verified Devanagari India, there are more than 40 million records in Modi script, from land deeds and Ayurveda texts to medieval science. With very few experts who can read the script, this AI model fills a massive research and preservation DOES THE TOOL WORK? MoScNet uses a Vision-Language Model (VLM) architecture and performs far better than existing OCR tools. It's light, scalable, and ideal for use even in low-infrastructure regions where these manuscripts are found. The AI tool was developed under Prof. Sparsh Mittal at IIT Roorkee, with help from students Harshal and Tanvi (COEP Pune) and Onkar (Vishwakarma Institute). Their work brought the model to life and shaped its real-world BHARATGPT, BHASHINI, AND GLOBAL HERITAGE EFFORTSThe model fits into big national missions like Digital India, BharatGPT, Bhashini, and even aligns with UN SDG Goal 11.4, which focuses on protecting cultural heritage. It could also be adapted globally for endangered the MoScNet model and the MoDeTrans dataset are now open-sourced on Hugging Face, allowing researchers worldwide to build on this innovation.- Ends
India Today
6 days ago
- Science
- India Today
World's first AI model cracks modi script, thanks to IIT Roorkee
IIT Roorkee, Uttarakhand, India - July 18, 2025: In a landmark initiative that bridges India's rich historical legacy with the transformative power of artificial intelligence, the Indian Institute of Technology Roorkee (IIT Roorkee) has co-developed the world's first AI framework for transliterating the historic Modi script into Devanagari. Leveraging a Vision-Language Model (VLM) architecture, the model MoScNet offers a powerful tool for preserving medieval manuscripts and supporting large-scale digitization under initiatives like Digital India and project, titled Historic Scripts to Modern Vision, introduces MoDeTrans, the first dataset of its kind, featuring over 2,000 images of real Modi script manuscripts spanning three historical eras: Shivakalin, Peshwekalin, and Anglakalin, along with expert-verified Devanagari transliterations. The AI model MoScNet, led by Prof. Sparsh Mittal of IIT Roorkee, significantly outperforms existing OCR models and offers a scalable, lightweight solution ideal for deployment in low-resource research team also included contributions from students, Harshal and Tanvi, who pursued their studies at COEP Technological University (formerly College of Engineering, Pune) and Onkar, an alumnus of Vishwakarma Institute of Information Technology, Pune. Their collaborative efforts played a key role in developing and refining the transliteration framework. Prof. Kamal Kishore Pant, Director, IIT Roorkee, said, "This work shows how we can harness the power of AI not just for automation, but to revive our cultural heritage, empower academic research, and drive nation-building. It captures the true spirit of Viksit Bharat, preserving India's timeless wisdom and making it accessible to the world through technology."With over 40 million Modi script documents spread across India, including land records, Ayurveda manuscripts, and medieval science texts, the initiative addresses a massive gap in academic and archival research. Given the limited number of Modi script experts and the deteriorating condition of these records, this transliteration technology brings unprecedented efficiency and accessibility to heritage Sparsh Mittal, Principal Investigator, added, "We aim to democratise access to India's ancient knowledge using open-source, scalable, and ethically trained AI tools. We've built a transliteration engine and set the foundation for future AI research in Indic scripts and multilingual learning."The project aims to preserve India's medieval knowledge through AI-assisted digitization, while simultaneously developing scalable, open-source tools for historians, researchers, and government archives. By enabling future integration with national platforms such as BharatGPT and Bhashini, the model supports multilingual AI capabilities and enhances access to India's cultural assets. This contributes to key national missions including Digital India, Azadi Ka Amrit Mahotsav, and the National Language Translation Mission (NLTM). It also aligns with the United Nations Sustainable Development Goal 11.4: "Strengthen efforts to protect and safeguard the world's cultural and natural heritage." Furthermore, this AI framework holds the potential to be adapted for other endangered or ancient scripts globally, offering a replicable model for historical digitization across project exemplifies IIT Roorkee's commitment to innovative, inclusive, and impactful research, bridging the past with the future through responsible technology. The team has open-sourced the MoDeTrans dataset and MoScNet model on Hugging Face, ensuring global accessibility and encouraging community-driven innovation.- Ends
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Business Standard
7 days ago
- Business
- Business Standard
Avendus Wealth-Hurun India Uth Series 2025: Zepto cofounders top the list
With 8 alumni featured, BITS Pilani leads all undergraduate institutions, followed by IIT Roorkee and IIT Delhi with 6 each The inaugural edition of the Avendus Wealth – Hurun India Uth Series 2025 recognises 79 young leaders aged 30 and below making a significant impact across the Indian economy. The co-founders of the quick commerce unicorn Zepto, Kaivalya Vohra (22) and Aadit Palicha (22), stand out as the youngest entrepreneurs of the year. In terms of cities, Mumbai reaffirms its dominance as India's financial capital, leading with 15 featured entrepreneurs. With 8 alumni featured, BITS Pilani leads all undergraduate institutions, followed by IIT Roorkee and IIT Delhi with 6 each.
India.com
16-07-2025
- Science
- India.com
Vasuki Indicus: New King Of Giants Unearthed In Indias...., Dethrones Titanoboa; Check Its Massive Size, Weight, Fossil Pics
photoDetails english Vasuki Indicus Real Photos by IIT: Those who know about Lord Shiva, also knows about the revered snake Vasuki. Known as the snake that Lord Shiva wears around his neck, Vasuki was the son of the sage Kashyapa and the serpent queen Kadru, as per Hindu mythology or belief. As per Hindu scriptures, Vasuki was of unprecedented size and weight. In the modern era, for decades, the colossal Titanoboa held the undisputed title of the largest snake to have ever roamed Earth, with its impressive length of up to 42 feet. However, a groundbreaking discovery in Gujarat has potentially rewritten this chapter of paleontological history. Updated:Jul 16, 2025, 08:42 PM IST Vasuki Indicus Length, Weight 1 / 7 Fossils unearthed along the Kutch coast reveal an ancient serpent, now named Vasuki Indicus, estimated to have measured a staggering 49 feet long and weighed nearly 1,000 kilograms. This monumental find, the result of nearly two decades of dedicated research by scientists from IIT Roorkee, not only challenges our understanding of prehistoric megafauna but also draws a fascinating link to the mythical serpent Vasuki Naag from ancient Indian scriptures. Let's delve into the remarkable details of Vasuki Indicus: Vasuki Indicus: Scale, Size 2 / 7 The sheer scale of Vasuki Indicus redefines what was thought possible for ancient snakes. With length around 49 feet, it is a strong contender for the longest snake to have ever lived, potentially exceeding the previous record holder, Titanoboa. Based on the dimensions of its vertebrae, which measure between 38 to 62 millimeters in length and 62 to 111 millimeters in width, researchers infer that Vasuki Indicus possessed a broad, cylindrical body, similar to modern-day large pythons or anacondas. Vasuki Indicus Fossil 3 / 7 The story of Vasuki Indicus began with the discovery of its ancient remains, meticulously studied and identified over many years. The fossils were initially unearthed in 2005 at the Panandhro Lignite Mine in the Kutch district of Gujarat, India. Researchers recovered 27 mostly well-preserved vertebrae. Due to their massive size, the bones were initially thought to belong to a large crocodile, highlighting the extraordinary scale of this ancient serpent. Vasuki Indicus Age 4 / 7 Vasuki Indicus is estimated to have lived during the Middle Eocene period, approximately 47 million years ago, a time characterized by a warm global climate conducive to the growth of large cold-blooded reptiles. Vasuki Indicus belongs to an extinct lineage of giant snakes, offering insights into their evolutionary history. Vasuki Indicus Real Reconstruction 5 / 7 Though a complete skeleton of Vasuki Indicus has not been found, scientific analysis of its vertebrae allowed for remarkable reconstructions and insights into its lifestyle. The size and distinctive features of the recovered vertebrae were instrumental in estimating the snake's overall length and weight. Vasuki Indicus Mythology 6 / 7 The naming of this newly discovered species highlights a fascinating connection between ancient Indian lore and modern scientific discovery. The name "Vasuki Indicus" is a direct reference to Vasuki Naag, the revered mythical serpent from Hindu scriptures, often depicted as a divine ornament around Lord Shiva's neck. Vasuki Indicus vs. Titanoboa 7 / 7 It's a battle of the beasts. Vasuki Indicus, with an estimated maximum length of 49 feet, potentially surpasses Titanoboa's maximum reported length of 42 feet. While Vasuki Indicus is estimated to be around 1,000 kg, Titanoboa has been estimated to weigh slightly more, up to 1.25 tonnes.
