look at some of the more prominent e-commerce and marketplace ventures
of today - be it Flipkart, Snapdeal, Zomato, Quikr, Ola, or Housing -
you will find that many have founders who did engineering degrees at IIT
Delhi or IIT Mumbai." continues Times of India.
|Photo: The IIT Madras Research Park|
The IIT Madras Research Park was an idea conceptualized by Ashok Jhunjhunwala, professor at the electrical engineering department of IIT-M, and M S Ananth, the then dean of academic courses and later the director of the institute, to create a bridge between innovations created in the classroom and industry. It is spread across 1.2 million sq ft, houses almost 100 entities - research companies, innovation arms of large corporates, startups and incubators - and has already facilitated filing of over 60 patents.
"We realized that the rewards of R&D are significantly higher if we enable R&D personnel from industry to work jointly with our faculty and students on new ideas," says Bhaskar Ramamurthi, director of IIT Madras and a member of the board at the Research Park.
Source: Times of India