Latest news with #WadhwaniFoundation
Hans India
15 hours ago
- Business
- Hans India
GGU hosts ‘Innovation Startup Day'
Rajamahendravaram: Godavari Global University (GGU) hosted an 'Innovation Startup Day' on Tuesday, with speakers emphasising the crucial role of universities in transforming innovative ideas into market-ready products. Dr Kushwant Kumar Seeram Reddy, Scientist-C at the Med Valley Incubation Council, MedTech Zone, AP, was the chief guest. He stated that their goal is to provide facilities and resources for establishing new startups. Reddy noted that Andhra Pradesh currently has 2,000 startups and that the council offers full support, especially to those in the healthcare sector. He said that innovative ideas can lead to products that solve many of the nation's problems. Sriram Bhagavatula, CEO of Anakapalli Rural Incubation Centre, spoke about the unique industrial opportunities in East Godavari district. He encouraged students to use technology to solve local problems, suggesting that young people can become entrepreneurs by launching startups with small investments. GGU Vice-Chancellor KVV Satyanarayana Raju (Chaitanya Raju), who presided over the event, stressed that successfully turning ideas into marketable products is key to future success. He mentioned the government's aim to see at least one entrepreneur emerge from every family in the state. Pro-Chancellor K Sasikiran Varma announced that GGU has already registered 25 startups and plans to launch a fully-equipped incubation centre. Other attendees included District Industries Centre General Manager SRW Vanidhar, GGU Pro-Vice Chancellor Dr U Chandrasekhar, Innovation Director Dr Y Muralidhara Reddy, and Wadhwani Foundation Director-Partnerships Dayakar Murthy. The event was held in collaboration with Wadhwani Foundation, TiE, Startup Andhra Pradesh, and NRDC.
Time of India
05-08-2025
- Business
- Time of India
Over 300 students attend start-up event in Vadodara
Vadodara: More than 300 students participated in an event organized in the city on Tuesday by TiE Vadodara, MS University and the Wadhwani Foundation to inspire youth towards innovation, entrepreneurship, and future skills. The event, titled "Power Youth Potential: Innovation, Skills and Start-ups", focused on fostering leadership in innovation and start-up culture among Gujarat's young talent. Innovation expert Vivek Wadhwa and C P Gurnani, global board member of Wadhwani Foundation and former CEO and MD of Tech Mahindra, spoke on innovation, artificial intelligence, and the future of work.. Meetul Patel, president of Wadhwani Foundation, highlighted the foundation's zero-cost, zero-equity entrepreneurship programs that have benefited thousands of students. The event was inaugurated by MS University professor Dhanesh Patel. Maulik Bhansali, president of TiE Vadodara, said the initiative aims to instil entrepreneurial thinking in students and strengthen the state's start-up ecosystem.
The Hindu
27-06-2025
- Business
- The Hindu
Rajiv Gandhi University inks three pacts to improve student employability
The Rajiv Gandhi University of Knowledge Technologies (RGUKT), Andhra Pradesh, is collaborating with industry and philanthropic organisations to enhance industry-academia partnership, improve student employability and to empower girl students in technical education. The University Registrar S. Amarendra Kumar signed three Memoranda of Understanding (MoUs) in the presence of the Chancellor, RGUKT, and Chairman of AP State Council of Higher Education (APSCHE) K. Madhu Murthy on Thursday (June 26). The partnership deals have been signed with Ceremorphic Inc., an AI-based industry that will offer employment opportunities to RGKUT students and extend support in establishing a Centre for VLSI Design, Wadhwani Foundation, for skill development network. Wadhwani Foundation will support development of employability skills among students through its AI-powered learning platforms, facilitated by Wadhwani-trained faculty mentors. Another MoU is with Sadisha Foundation, to empower girl students in higher education. The Foundation will provide coaching in GATE exam preparation to 100 selected girl students from the four campuses of the University in the State. The training will be given in collaboration with GoClasses and ExamPrep Tool, two reputed GATE coaching partners. Senior vice-president, Ceremorphic Chandrasekhar Abburi, executive vice-president of Wadhwani Foundation Sunil Dahiya and Chaitanya Reddy from Sadisha Foundation were present on the occasion.
Indian Express
17-05-2025
- Business
- Indian Express
Tech is the key to prepare the workforce for dignified jobs: Ajay Kela, CEO, Wadhwani Foundation
Founded in 2001, Wadhwani Foundation is the brainchild of Romesh Wadhwani, a billionaire entrepreneur, technologist, and philanthropist, known for building successful tech companies in the US. Ajay was formerly the managing director of Symphony Services, a software services company, and has also worked with Autodesk, where he scaled their AutoCAD business. He was also a research scientist at GE working on Computer Aided Design (CAD) products and has published research papers in reputed journals. Ajay is a graduate in mechanical engineering from IIT Bombay and holds a PhD in mechanical engineering and computational geometry from the University of Rochester. Ajay spoke to on the roadmap for energising the entrepreneur ecosystem in India, the necessity to keep the focus on 'dignified job' creation, and on working with academic institutions to make their research relevant to a larger social cause. Edited excerpts: Venkatesh Kannaiah: Can you tell us about Wadhwani Foundation's goals and how tech-centric solutions play a role? Ajay Kela: Our founder, Romesh Wadhwani, is a tech pioneer and has been working on AI since long. He was the founder of robotics companies as early as the 1970s, and was making robots and competing with Japanese robotics manufacturers. Now he is also an investor in enterprise AI companies. So tech is in our DNA. We all come from a tech background. Our goal at the foundation is to provide 'dignified family wage jobs' for five million people by 2030, and upskill 25 million people with new age job-ready skills by 2030. We understand that tech is the key to scale and we have invested in the ecosystem for a long time. We work on the axes of entrepreneurship, skilling, innovation, research, and working with governments for digital transformation of their services. We work with the entrepreneur ecosystem in India and abroad by supporting startups, teaching entrepreneurship, and working with various academic institutions working on the theme of entrepreneurship. On skilling, we have now built AI tools to enhance skill-based training. We support research in emerging tech to help resolve real-world problems. We network with researchers, students, institutions as well as entrepreneurs to drive the development of impactful solutions. The research in academic institutions typically ends up as research papers and it goes no further. We want to translate relevant research into products and startups for the social good. Finally, we also work with government and policymakers to sensitise them on the evolving tech ecosystems, helping them to make informed decisions for the public good. Venkatesh Kannaiah: Tell us about the Wadhwani Innovation Network and its initiatives. Ajay Kela: We are now working with Anusandhan National Research Foundation (ANRF) to accelerate the transformation of India's research ecosystem. ANRF is a government body formed to provide high-level strategic directions for research, innovation, and entrepreneurship in India. The partnership between Wadhwani Innovation Network and ANRF is a first-of-its-kind collaboration between a government research institution and a philanthropic foundation. Through this, we want to co-fund and scale up research to drive visible social impact. We are co-funding this initiative to the tune of USD 150 million. The Wadhwani Innovation Network (WIN) centres at top research institutions will drive research commercialisation and partner with ANRF for jointly funding late-stage projects. It will also focus on supporting research that can be translated into products and ventures in sectors like AI, biosciences, health tech, and space tech. These will be done through grants, government support, venture investment, and corporate partnerships. We will invest in these research efforts across the country and connect them through superhubs and hubs of specialisation at top universities. We will have a superhub for AI and Intelligent Systems at IIT Kanpur and one for biotechnology at IIT Bombay. We have also announced support for 10 hubs at premier institutes, 100 innovation centres, and co-funding of projects through ANRF and AICTE's Innovation centres. Venkatesh Kannaiah: As part of your entrepreneurship initiative, can you name some interesting startups/innovations that you mentored? Ajay Kela: There are many successful companies that have been mentored by us through our entrepreneur development initiatives. We have supported more than 7000 startups in their journey, and have trained more than two lakh students with entrepreneurship skills. There is Practo, India's leading online app for booking appointments and consulting doctors. It also has a comprehensive medical directory with detailed, verified information about more than one lakh doctors across the country. This was part of our early cohort in the National Entrepreneurship Network (NEN). There is Mukunda Foods, which began with the aim of selling dosas but later pivoted and decided to focus on automation of Indian food products. They decided to start designing their first product, Dosamatic, which is an automated dosa making machine. This too was part of NEN. Venkatesh Kannaiah: As part of your innovation and research, what areas do you focus on from an impact perspective? Ajay Kela: We think that two technologies are going to dominate the future. One of them is AI, and the other is synthetic biology. For that we are working with two super hubs. For AI, we are working with IIT Kanpur and for biosciences, we are working with IIT Bombay. We are working on a hub and spoke model and are working with 10 directly funded institutes on a variety of areas, ranging from quantum computing and health to medtech. Venkatesh Kannaiah: Tell us about interesting innovations that have come out of your research or research support efforts. Ajay Kela: One of the areas that we work in is with the Wadhwani Research Centre for Bio Engineering, founded in 2014 by IIT Bombay and Wadhwani Foundation. It was set up to leverage IIT Bombay's expertise in bioengineering to incentivise innovation in diagnostics, therapeutics, MedTech, and synthetic biology. Three interesting startups come to mind. There is Algorithmic Biologics, which is bringing the power of algorithms to biotechnology-based industries. Their work will have far reaching applications in molecular testing for diagnostics and research. It is into what is called smarter molecular testing and, with the use of AI, has made image-based diagnostics affordable. Then there is Immunoact, which works on innovative, affordable, and accessible cell and gene therapies. Their cell therapies are personalised for each patient and are specifically designed to limit their side effects and make them safer. There is Clarity Bio Systems, a pioneer in delivering advanced solutions in diagnostics, bioprocess development, and genome-scale metabolic modelling. Venkatesh Kannaiah: How are you using AI tools in your skilling initiatives? Ajay Kela: We have built Genie AI, an AI-powered personalised education platform, and we are working with academia, industry, and the government to scale the same. Our focus is on training workers on new-age job skills for a period of 6-12 months or 1000 hours of training, which would help them in their job search journey. And for this, we have built a knowledge dissemination layer with interactive video content. Based on user feedback and knowledge levels, it would morph into a personalisation tool and provide answers based on the knowledge levels of the users. We have also built an AI layer with 24/7 AI agents working as counsellors, and helping the course takers with information and queries. And on top of it is the human layer, with volunteers and paid experts who would with the help of matching algorithms help users and enable live sessions to help job seekers. Venkatesh Kannaiah: Can you tell us about areas where your interventions have led to better delivery of government services? Ajay Kela: We work with the government in a variety of ways. We have helped the government in recruiting AI experts, and they are now working in the departments of agriculture, labour, women and child development and education. There they are working with the government to build an AI roadmap for the particular departments and also identify projects which can be carried forward. We are now working with the government in building citizen services platforms. For instance, we are working on a farmer service platform, where farmers would know about all the schemes started by the government for them, interact with the platform and benefit from the same. We have programmes where we bring state and central government officials at the joint secretary level, and sensitise them to themes and issues in AI. We also hold five-day workshops where we help select government officials to work on AI-related projects identified by them. We also incubate these projects for a period of three to six months and later work with them to scale it up. One of the interesting projects was our courses in iGot, an online learning platform for Indian civil servants. We have a dozen courses on this platform, and around four lakh government employees have taken these courses. Venkatesh Kannaiah: Tell us about the international footprint of the Wadhwani Foundation and the work that you do. Ajay Kela: Apart from India, we are in 12 other countries. These are all countries in the global south, emerging economies, and where there is a growing youth population. We are working in countries like Indonesia, Brazil, South Africa, Kenya, Egypt, and Nigeria
Time of India
01-05-2025
- Business
- Time of India
IIT-K launches Wadhwani School to boost AI research
Kanpur: In a landmark step towards bolstering India's research and innovation capabilities, the Indian Institute of Technology (IIT) Kanpur has launched the Wadhwani School of Advanced Artificial Intelligence and Intelligent Systems (WSAIS). The initiative, supported by the Wadhwani Foundation , aims to create a world-class hub for advanced research in artificial intelligence, cybersecurity, robotics, and AI policy . The formal launch ceremony, held in New Delhi, was graced by Prime Minister Narendra Modi, who also inaugurated related initiatives at IIT Bombay and announced the formation of the Wadhwani Innovation Network. These SuperHubs will drive collaborative research across AI, health tech, quantum computing, and biotechnology in partnership with the Anusandhan National Research Foundation (ANRF). The PM said, "I congratulate the Wadhwani Foundation, our IITs, and all stakeholders for this effort. These hubs will accelerate India's journey from lab to market, converting ideas into products that benefit society." He also highlighted the role of the PM Vidya Lakshmi Yojana, under which over 7,000 internship cells have been set up to give students hands-on research experience. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Chungcheongnam-do: AI guru Andrew Ng recommends: Read These 5 Books And Turn Your Life Aroun... Blinkist: Andrew Ng's Reading List Undo At the event, Professor Manindra Agrawal, Director of IIT Kanpur , and Dr Ajay Kela, President and CEO of the Wadhwani Foundation, exchanged a formal Memorandum of Understanding (MoU), establishing WSAIS as a central node in a national innovation network of 50 partner hubs. "With our strengths in AI, intelligent systems, and cybersecurity, this collaboration will create a thriving ecosystem at IIT Kanpur that translates cutting-edge research into real-world solutions," said Prof Agrawal. The WSAIS will feature five initial research centres focused on advanced AI, intelligent systems development, cybersecurity of cyber-physical systems, robotics, and AI policy. The school will launch an interdisciplinary Department of Intelligent Systems, offering BTech, MTech, PhD, and postdoctoral programs, with admissions set to begin in 2026. The school will also add new options for students across existing departments of IIT Kanpur. Dr Kela noted, "By merging IIT Kanpur's academic strength with the Wadhwani Foundation's commitment to impact, we aim to build a global innovation hub that empowers India's young innovators and entrepreneurs." In addition to IIT Kanpur, MoUs were also signed with IIT Bombay and the ANRF to establish parallel SuperHubs in biosciences and health technologies, further extending the reach of India's research infrastructure. IIT Kanpur, long regarded for its contributions to science and technology, sees this partnership as a major leap forward in its mission to deliver meaningful, high-impact technological solutions to national and global challenges.
