Tag: IIT Bombay

  • IIT Bombay Graduates’ Startup Entvin AI Secures USD 500,000 from Y Combinator

    Entvin AI is a startup founded by three IIT Bombay graduates that has been successful in raising its first round of funding. This round, which totaled USD 500,000, was led by Y Combinator.

    The company specializes in providing artificial intelligence solutions to pharmaceutical and life sciences firms. It has plans to use the funds to expand the capabilities of its AI solutions and to accelerate customer acquisition, globally.

    Solving Regulatory Challenges with AI

    Entvin AI, started by Sanskar Jain, Hemant Phalak, and Rishabh Arya, takes on one of the top big thorns in the side of the pharmaceutical industry, the FDA drug approval process. This process is too often protracted, overstuffed with people and resources, and too complex to be anything but a rigorous obstacle course for those trying to bring a new drug to market. Too much depends on this process going in one direction for it to be anything other than a well-oiled machine.

    Entvin AI has developed a platform to automate key regulatory workflows, which reduces inefficiencies and enhances compliance. Early enterprise pilot projects have shown the platform’s ability to save hundreds of hours for teams working on regulatory and scientific projects. Even better, the platform has the potential to save pharmaceutical companies millions of dollars in compliance costs.

    How Entvin AI Works

    The massive language models that Entvin AI employs are tailored for the realm of regulatory paperwork and are particularly well-suited for ensuring compliance with the rules laid down by the FDA. The platform they have constructed is capable of carrying out several important functions, most of which have traditionally been done manually. These include: automating the generation and organization of documents; carrying out comprehensive literature reviews; and flagging important changes in regulatory standards.

    – Preparing regulatory documents  

    – Ensuring compliance with FDA regulations that are constantly changing  

    – Watching and interpreting the guidance coming from regulatory authorities on an as-it-happens basis

    The platform aids life sciences firms in dealing with tough regulatory obligations by making these functions more efficient. You might say it’s like greasing the gears of a tough-running machine so that the machine does what it’s supposed to do, only it takes far fewer regulatory resources and far less time to get the desired outcomes with this platform.

    Leadership Insights

    Entvin AI Co-Founder and CEO, Sanskar Jain, calls for innovation in regulatory compliance. “Regulatory professionals spend countless hours handling documentation and compliance checks. Our AI agents streamline these workflows, allowing teams to focus on strategic priorities rather than administrative burdens.”

    In decision-making, AI plays a role, stressed Hemant Phalak, Co-Founder & CPO: “Our AI agents seamlessly integrate into existing workflows, not only organizing regulatory information but also identifying compliance gaps and providing actionable insights in real time.”

    Rishabh Arya, Co-Founder & CTO, emphasized the platform’s technical sturdiness: “We have built an AI system capable of processing vast amounts of regulatory documentation while maintaining compliance with industry standards like SOC 2 and ISO 27001.”

    With new funding from Y Combinator, Entvin AI aims to grow its capabilities and clientele among the mid-to-large global pharmaceutical companies. The startup wants to achieve something that its portfolio companies haven’t in the past: breaking into regulatory technology. Entvin AI sees itself as potentially helping life sciences firms to obtain drug approvals much more quickly and to do so while remaining compliant with a blizzard of rules.

  • Top 5 Most Successful Entrepreneurs Graduated From IIT

    The influence and popularity of IIT (Indian Institute of Technology) is known by everyone. In fact, some of the greatest minds of India have studied at IIT. And now, the alumni of IIT are working as an entrepreneur and, in fact, leading the high-tech startup space in India.

    Based on its massive success and its alumni, IIT is truly a dream for numerous students. Today, IIT graduates have taken over almost every work sector, from the world’s famous CEOs and scientists to the quirky interiors. And these success stories have now become an inspiration to a lot of students.

    In the past few years, the success of IIT has grown truly massively and that resulted in the involvement of IITians in almost every sector that you can think of! And that’s what we are discussing today. In this article, we have discussed the most successful entrepreneurs who graduated from the Indian Institute of Technology (IIT). Let’s get started!

    Sundar Pichai
    Sachin Bansal
    Vinod Khosla
    NR Narayana Murthy
    Deepinder Goyal

    Sundar Pichai

    Sundar Pichai
    Sundar Pichai

    We all are well familiar with the name-  Sundar Pichai as the CEO of Google. Mr Pichai has pursued his B.Tech degree from IIT Kharagpur, the top IIT college of India. He completed his degree in metallurgical engineering in the year 1993.

    He not only just graduated but in fact, topped his batch. But the interesting part is Sundar Pichai did not pursue metallurgically, he chose the path to become the very first Indian CEO of Google.

    Sachin Bansal

    Sachin Bansal
    Sachin Bansal 

    The co-founder of a famous E-Commerce platform, Flipkart, Sachin Bansal is also an IIT graduate. He studied at IIT Delhi, in the stream of computer science. Sachin Bansal is considered the leader of the E-commerce revolution. He is also an Indian Software Engineer and Internet entrepreneur.

    Vinod Khosla

    Vinod Khosla
    Vinod Khosla

    Vinod Khosla, the famous name listed among the billionaires of Forbes magazine. He is a prominent American engineer and businessman, born in India.

    Vinod Khosla is the co-founder of Sun Microsystems. He completed his bachelor’s degree from the Indian Institute of Technology Delhi in the Electronic Engineering field.


    10 Successful Startups Led By IIT-Graduates
    There are a lot of IITians who’ve taken the route of entrepreneurship, but only a few reach the top. Let’s examine the most successful startups led by IIT grads.


    NR Narayana Murthy

    NR Narayana Murthy
    NR Narayana Murthy

    The founder of one of the largest technology companies in India, Infosys, NR Narayana Murthy pursued his master’s of engineering degree from the Indian Institute of Technology Kanpur in the year 1996.

    He completed his B.Tech from the University of Mysore. NR Narayana Murthy was honoured with India’s highest honour, the Padma Shri in 2000.

    Deepinder Goyal

    Deepinder Goyal
    Deepinder Goyal

    Deepinder Goyal is the CEO of one of the largest food delivery companies, Zomato. He is an IIT graduate, who studied at IIT Delhi with an M.tech degree in computing and mathematics. And with his dedication and hard work, Deepinder Goyal made Zomato the best food company.

    Conclusion

    There have been numerous graduates from the most prestigious institutions such as IIT in the biggest startups in India. And in the past years, the IIT graduates have served in almost every field of work and made themselves some of the most successful figures in India.

    IIT has truly become the dream of every other student, with the passion of becoming a great individual. And these personalities that we mentioned in this article, have become the inspiration for many. Stay tuned for more such articles!

    FAQ

    Who are some of the successful entrepreneurs graduated from IIT?

    Deepinder Goyal, Bhavish Aggarwal, Prabhkiran Singh, Sundar Pichai, Narayana Murthy, and Sachin Bansal are some of the successful entrepreneurs who graduated from IIT.

    Which IIT is best for entrepreneurship?

    IIT Delhi tops the list among other IIT colleges which created the most successful startups.

    Does IIT teach entrepreneurship?

    No, IIT does not provide any specific training on entrepreneurship.

  • Nandan M. Nilekani- The Aadhaar Man

    Nandan M. Nilekani, is the co-founder of Infosys. He is an Indian entrepreneur, bureaucrat and politician. Nicknamed as ‘Aadhaar Man‘, he was the chairman of the Unique Identification Authority of India (UIDAI). He is the tech magnate, who still has shares in Infosys, has backed Fundamentum, a $100 million venture capital fund aimed at technology companies.

    Read more to know all about this legend.

    Nandan M. Nilekani
    Nandan M. Nilekani

    Biography of Nandan M. Nilekani

    Name Nandan M. Nilekani
    Born On 2 June, 1995
    Nationality Indian
    Spouse Rohini Nilekani
    Profession Non- Executive Chairman of Infosys
    Political Party INC
    Compensation $77,599
    Net Worth $ 200 crores

    Childhood and Education
    Family
    Career
    Books
    Awards and Achievements

    Nandan M. Nilekani- Childhood and Education

    Nilekani was born on 2nd June, 1995 in Bangalore, Karnataka. His family belongs to KonkaniGoud Saraswat Brahmin community which is originally from Sirsi town in Uttara Kannada district of Karnataka.

    He did his schooling from Bishop Cotton Boys’ School and St. Joseph High School Dharwad. Because of his father’s frequent job transfers and subsequent relocation he had to change schools. After that he got his bachelor’s degree in electrical engineering from the Indian Institute of Technology Bombay, Mumbai in 1978.

    His first language is Konkani. In addition to Konkani, he speaks Kannada fluently along with English, Marathi, and Hindi

    Nandan M. Nilekani- Family

    • His father, Mohan Rao Nilekani worked as a general manager of Mysore and Minerva. He had subscribed to Fabina Socialist ideals which influenced Nilekani in his early life.
    • His mother’s name is Durga Nilekani.
    • He also has an elder brother, Vijay Nilekani who works in the Nuclear Energy Institute in the USA.
    • He married to Rohini Nilekani. He meet her at a quizzing event at IIT. He along with his wife Rohini signed the Giving Pledge in November 2017.
    • He wards two children, Nihar and Janhavi, each of whom has received an undergraduate degree from Yale University.
    • His family has a 2.31 percent stake in Infosys as per the quarter ended March 2018.

    How Anand Mahindra becomes the face of the Automobile Industry?
    The Indian industrial and automobile sector is one of the most influentialcontributors to the financial growth of the country. Now, amongst all the bignames in the Indian automobile sector, the mane of Anand Mahindra is one toreckon with. He is the chairman and Managing Director of Mahindra and M…


    Nandan M. Nilekani- Career

    Infosys

    After completion of his graduation, he joined Patni Computers under N. R. Narayan Murthy.  Three years later, he along with Murthy and 5 others, founded Infosys Technologies Ltd, which went on to became an IT giant in India.

    Nilekani became the chief executive officer of Infosys in March 2002 and served as CEO of the company through April 2007. But Nilekani left Infosys in 2009, to join the UIDAI as the chairman on request of the former Prime Minister, Manmohan Singh.

    But was brought back in 2017 after a boardroom shakeup at the company and the sudden departure of its CEO. After his return he changed power center from California back to its Bengaluru headquarters. During his five-year tenure as CEO, Infosys’ topline grew sixfold to $3 billion.

    Infosys headquaters in Bengaluru
    Infosys headquaters in Bengaluru

    Politics

    Nilekani joined Indian National Congress in March 2014. He contested from the Bangalore South constituency where he lost by 228,575 votes to BJP candidate Ananth Kumar in the 2014 Lok Sabha election.

    He joined a committee to investigate how people in India could use digital payments to a greater extent in December 2016.

    Nandan M. Nilekani- Books

    • Not Just a Civil Servant  1 January- 2019
    • Imagining India: Ideas for the New Century-  2008
    • Rebooting India : Realizing a billion aspirations- 2015

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    Nandan M. Nilekani- Awards and Achievements

    • On 31 May 2011, he was awarded an honorary Doctor of Law degree by the Rotman School of Management at the University of Toronto.
    • In 2011, he received NDTV Indian of the Year’s Transformational Idea of the Year Award.
    • At the Asia Business Leaders Award (2004), he was named Corporate Citizen of the Year organised, by CNBC.
    • He also won Joseph Schumpeter Prize for innovative services in economy, economic sciences and politics in 2005.
    • In 2009,  Nilekani was placed in the Time 100 list of ‘World’s Most Influential People’ in Time magazine.
    • In November 2009, he was presented the ‘Legend in Leadership Award’ by the Yale University . He is the first Indian to receive this top honour.
    • Nilekani became one of the youngest entrepreneurs to join 20 global leaders on the World Economic Forum (WEF) Foundation Board, in January 2006.
    • In 2006, Nilekani was awarded one of India’s highest civilian honours, the Padma Bhushan.
    • Also, he was named Businessman of the Year by Forbes Asia in 2006.
    • He was ranked 12th in India’s 50 most powerful people of 2017 list in India Today magazine.
    • He received the Lifetime Achievement Award from E & Y. CNBC- TV 18 conferred India Business leader award for outstanding contributor to the Indian Economy-2017.
    • In 2017, he received the 22nd Nikkei Asia Prize for Economic & Business Innovation 2017.
    • In 2019, awarded Doctor of Science (Honoris Causa) by IIT Bombay during the Institute’s 57th Convocation.