 "start-up, growth, company, technology")
Indian Institute of Technology, Kanpur (IIT-K) has sanctioned seed funding of Rs 50 lakh for a Lucknow-based start-up, Decentrik Technologies.
Helmed by Vineet Vats, the company is working towards providing a simple and inexpensive solution to drinking water needs of the people on the move.
The funding flows through Innovative Ventures and Technologies for Development (INVENT) platform, a joint collaboration of the Centre's Technology Development Board (TDB) and the Department for International Development (DFID), United Kingdom.
Through INVENT, IIT-K targets to incubate 40 technological social start-ups with Rs 50 lakh being the maximum amount that can be offered as seed
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