LPU Student’s Start-up Scores Rs. 1.70 Cr. from Google Cloud, Eyes USD 3M Seed Funding

Rounak Adhikary, a tech-oriented BSc Design scholar at Lovely Professional University (LPU), is making waves within the subject of technological innovation. As the Founder and CEO of ‘ProjectX.Cloud‘, Rounak has developed a groundbreaking cloud-based working system geared toward eradicating {hardware} dependency throughout units.

Rounak’s visionary challenge has not too long ago acquired a major enhance with an infusion of $200,000 (roughly 1.70 Crore INR) in infrastructure help from Google Cloud. This beneficiant help not solely highlights the great technological potential of ‘ProjectX.Cloud‘ but in addition marks an important milestone in its development trajectory, enabling enhanced growth and scalability of its revolutionary cloud-based answer.

To add to the challenge’s spectacular achievements, Rounak can also be about to safe a outstanding seed funding of three Million {dollars} (Approx. 24 Crore INR), signifying the robust investor curiosity in his enterprise.

The recognition for Rounak’s groundbreaking work began with grants from the Ministry of Commerce & Industry and the Ministry of Electronics and IT, amounting to Rs. 10 lakh. In addition to those grants, he has additionally been honoured with awards from the Microsoft Founder’s Program and AWS Activate Founder’s Program, totalling greater than Rs. 50 lakhs in funding.

Dr. Ashok Kumar Mittal, Founder Chancellor of LPU and Rajya Sabha Member, congratulated Rounak on his enterprising spirit and inspired him to proceed his challenge for the final word profit of world society.

Rounak’s cloud-based working system is designed to handle the operation, execution, and processing of digital machines, servers, and infrastructures operating remotely. His groundbreaking efforts have garnered consideration inside the world tech neighborhood, incomes him recognition in prestigious occasions akin to “Together 4.0” by the governments of India and Canada, in addition to “SeedStars” at IIT Bombay, “Million at Stake” at IIT Kharagpur, “Ideastorm” at IIT Roorkee, and “Disrupt” at IIT Guwahati.

Furthermore, Rounak’s outstanding challenge has been chosen for the esteemed Launchpad accelerator at IIM Bangalore, additional validating its potential. Notably, his revolutionary concept has attracted consideration from world enterprise capital corporations, together with IFC World Bank, Elevation Capital, Campus Fund, and Kalaari Capital.

The achievements of Rounak Adhikary function a testomony to the spirit of innovation and entrepreneurship fostered at LPU, and his pioneering work guarantees to revolutionize the tech trade on a worldwide scale.