IIIT-Hyderabad to fund three innovative startups

HYDERABAD: At a time when most of the startups are focusing on solving fairly shallow problems, Avishkar, the start-up accelerator programme of International Institute of Information Technology, Hyderabad (IIIT-H) on Friday took three companies under its wings to encourage entrepreneurs who are into solving deep-tech problems. Screened from about 140 applications across the world, the top three companies are all set to form the first batch of the six-month long programme. The selected startups will now work closely with the Avishkar team and the faculty members of IIIT-H labs and other partners over the next six months to get to a level of investment-readiness that will launch them to the next stage of their journey. “We are a four-month-old company trying to build a virtual personal stylist for women. Through…

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