Tech3 | The IIT Madras professor who wants to make planes and rockets; Indian IT braces for global banking crisis impact; and more

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• Users in these two countries can currently join a waitlist. The tech giant plans to expand to more countries and languages over time.

In today’s newsletter:

• Meet the IIT Madras professor behind 8 deep tech startups?
• Indian IT caught in global banking crisis crossfire?
• Tech hub Bengaluru banks on AI to book traffic violations

Meet the IIT Madras professor behind 8 deep tech startups?

Electric air taxi startup ePlane, space tech startups Agnikul Cosmos & GalaxyEye, and deep tech companies such as Aerostrovilos Energy, TuTr Hyperloop and X2Fuels have one person in common: IIT Madras professor Satyanarayanan Chakravarthy.

Tell me more: The 54-year-old is a co-founder in these startups, all of which were incubated at the institute –often termed as a 'haven for deep tech startups.' He is also involved in the development of two other startups, Avishkar Hyperloop and NewTrace.

• Chakravarthy has been a professor of aerospace engineering at the institute for over two decades and now devotes all of his time to his eight ventures
• It is through ePlane, an electric vertical takeoff and landing (eVTOL) aircraft startup, that he intends to disrupt the aviation industry and this is where he spends most of his time.
• He serves as an advisor to the remaining seven startups

Where did it all begin? Chakravarthy's entrepreneurial journey began in 2016 when Srinath Ravichandran, the CEO of space technology startup Agnikul Cosmos, founded the company.

• The IIT Madras professor was intrigued by the idea of 3D printing rocket engines and joined the team as a co-founder. Agnikul 3D prints its rocket engine Agnilet.

Chakravarthy assists these startups with his decadal knowledge of deep tech, his industry contacts, and by helping them in setting long-term goals for the future.

Read the fifth installment of our Inside IIT Madras series on Satyanarayanan "Satya" Chakravarthy.

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