The Indian Institute of Technology-Hyderabad (IIT-H) and Beyond Next Ventures India (BNVI), Bengaluru, headquartered in Tokyo, Japan, have joined hands to extend academia and industry cooperation.
This IITH-BNVI collaboration is expected to usher in a new wave of innovations at IIT-H by investing and mentoring entrepreneurial ideas emerging from the IIT-H startup community to go from ideas to markets.
“The collaborations between the two countries are broader and more diverse, where startups and their ecosystems are the emerging key factors. I strongly support BNVI’s philosophy about open innovation to foster social innovation from early-stage technologies in laboratories. Such a philosophy is very important to utilise the academic-research outcomes better and more for solving the real-world problems in both countries and even beyond,” said IIT-H director B.S. Murty.