IROV Technologies bags winner title at IIGP 2018
IROV Technologies, a startup that offers India’s first commercial remotely operated underwater vehicles (ROV), clinched the winner title under the industrial section at the prestigious India Innovation Growth Programme (IIGP) 2.0 – 2018 edition.
The startup was one of the top five industrial startups in India rewarded a prize of Rs. 25 lakh each at the programme.
IIGP is a platform that offers extensive training modules that are suitably structured to help participants gauge and streamline their existing capabilities, as well as formulate and implement appropriate business strategies.
The IIGP 2.0 event was preceded by a boot camp at IIM Ahmadabad for six days from 16 to 21 July 2018 for each member from the participating team, where they were taught on the various aspects of pitching and marketing. Besides, the programme offered a great opportunity to meet over 50 other startups from India.
The IIGP competition itself is split into two sections - Social and Industrial. The participating startups are split into each of the respective sections.
IROV Technologies was founded by Johns T Mathai, IIT Delhi and Kannappa Palaniappan P, IIT Madras Alumnus. The startup company currently offers EyeROV TUNA, its first product which is capable of undertaking underwater inspection for multiple projects. It is now working on expanding and improving its product line by taking in all the new feedbacks.
Before this achievement, the company also recently got recognition from BPCL Project Ankur startup scheme and Kerala Startup Mission Idea Grant Scheme.