Delhi, 30 March, 2024: C3iHub, a National Technology Innovation Hub (TIH) for Advanced Cybersecurity on the Indian Institute of Technology Kanpur (IITK) as we speak launched startup cohorts III, IV, and V at Hyatt Regency, New Delhi. Funded by the Department of Science and Technology (DST) underneath the NM-ICPS Mission, C3iHub introduced 19 startups within the Startup Incubation Program, specializing in particular cybersecurity areas together with Application Security, Integrated SOC Solution, Cyber Forensics, Blockchain Technology, UAV Security, IoT Security, and Cyber Insurance.
The occasion was graced by Dr. Abhay Karandikar, Secretary, DST; Lt. General M U Nair, National Cyber Security Coordinator; Shri Navin Kumar Singh, IPS, Director General NCIIPC; Dr. Akhilesh Gupta, Sr. Advisor, DST; and Dr. Ekta Kapoor, Mission Director, NM-ICPS, DST; Dr. Ajay Kumar, Former Defence Secretary of India; and Dr. Gulshan Rai, India’s first National Cyber Security Coordinator.
Under the flagship program of the Startup Incubation Program, C3iHub has supplied help to fifty startups throughout 5 cohorts that are actively engaged in crucial cybersecurity domains equivalent to cyber forensics, software safety, blockchain know-how, deception know-how, menace intelligence, and cyber insurance coverage. Many of those startups have efficiently launched and commercialized merchandise, whereas a number of others are presently within the strategy of scaling up their operations.
C3iHub offers a seed grant of Rs 10 lakhs to incubated startups and provides a month-to-month wage of Rs 50,000 for one founder over two years, leading to an preliminary funding of Rs 22 lakhs. The group goals for a minimum of a 20% success fee amongst startups after the two-year incubation interval. As these startups mature, C3iHub facilitates connections with buyers and companies to support them in elevating capital, fostering the event of a resilient digital infrastructure for India.
Prof. Manindra Agrawal, Project Director C3iHub, whereas welcoming the august gathering stated, “Today marks a major milestone for C3iHub. With the launch of those start-ups, we now have crossed fifty startups in cybersecurity incubated at C3iHub. It signifies the colourful potential of our ecosystem to innovate and lead within the face of world cybersecurity.”
Dr. Abhay Karandikar, Secretary, DST stated, “Among the 25 TIH’s within the nation, I’m delighted that the C3iHub has executed exceptionally nicely. The hub, aside from growing an ecosystem for deep tech, can be working to construct capability in technically expert manpower to meet not simply current but in addition future wants within the space of cybersecurity. Going additional, I urge C3iHub to take core tech additional, convey collectively quantum tech and cybersecurity to put together for the emergence of applied sciences equivalent to AI. DST may even be completely satisfied to help IIT Kanpur in making a Tech Park which is able to convey collectively start-ups in cybersecurity and sector champions to create a synergy between builders and end-users, and take it to a worldwide scale.”
Lt. General M U Nair, National Cyber Security Coordinator shared his ideas on the occasion, “Cyber area is essentially the most exploited and we should be sure that our nationwide safety is protected against any doable assault. There is a necessity for a vibrant cybersecurity ecosystem that can put together us to face not simply current cybersecurity challenges but in addition future tech developments. It is right here that the cybersecurity startups promise to be the harbingers of change. My congratulations to your complete crew of C3iHub in serving to these startups with the help of its immense information and expertise.”
Shri Navin Kumar Singh, IPS, Director General NCIIPC stated, “I’m glad to see my alma mater take the lead in supporting cybersecurity startups. It is vital to create an ecosystem the place everybody who works in cyber bodily programs can contribute to and the C3iHub has efficiently achieved this. I want the startups all one of the best.”
Dr. Ekta Kapoor, Mission Director, NM-ICPS, DST stated, “Being the Mission Director, it fills me with nice pleasure that C3iHub is launching 19 new cybersecurity start-ups as we speak. Cybersecurity is an rising subject that holds vital significance in defending indigenous applied sciences. Under the NMICPS, we now have supported 25 Technology Innovation Hubs protecting all facets of cyber bodily programs with the purpose of growing and deploying applied sciences for the advantage of nation, promote and help startups of their domains, and practice the following era of engineers.”
Dr. Bharat Panchal, Chief Industry Relations & Regulatory Officer – India, whereas explaining the cohort course of stated, “The choice of startups for the cohort is set after fastidiously evaluating a number of parameters equivalent to the individuality of the concept, the use case for the answer, and people aligning with the imaginative and prescient and the mission of the C3iHub hub and so forth. Led by a panel of specialists of trade and academia, the funding and mentorship provided to the startups offers a basis for them to construct and develop.”
In the occasion, Prof. Sandeep Shukla, Co-Project Director, C3iHub talked about C3iHub’s achievements up to now, and stated, “As we rejoice the achievements of C3iHub up to now, we’re reminded of the journey that introduced us right here – a journey marked by persistent innovation, collaboration, and a shared dedication to excellence in cybersecurity. Let us proceed to drive ahead with the identical spirit of innovation and collaboration.”
The TIH is deeply engaged in all aspects of cybersecurity, from figuring out vulnerabilities in crucial cyberphysical programs to creating instruments for mitigation. This includes supporting startups and collaborating with industries to commercialize these instruments, alongside coaching the following wave of cybersecurity specialists. C3iHub, in the meantime, concentrates on addressing cybersecurity challenges inside cyber-physical programs equivalent to crucial infrastructures, automotive, and drones. Its scope encompasses varied cybersecurity domains like community safety, cryptography, intrusion detection, and deception know-how. Startups underneath its umbrella give attention to UAV safety, blockchain, intrusion detection, and cyber-physical programs. C3iHub goals to develop safety options for crucial infrastructures whereas nurturing the expansion of cybersecurity entrepreneurs.
In addition to internet hosting the Launch occasion, C3iHub introduced an exhibition whereby a number of C3iHub builders in addition to C3iHub top-performing startups displayed their applied sciences like Authentication, Deception Technology, Anti-Drone Technology, Cloud Security, Hardware Security, Blockchain Technology.
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