Indi Energy, IIT Roorkee’s sodium-ion battery start-up, takes home top prize in National Startup Awards
– Indi Energy, a start-up from Indian Institute of Technology Roorkee, aims to make India self-reliant with their indigenously-developed sodium-ion batteries as an alternative to lithium-ion batteries.
ROORKEE, 23rd January 2023: Indi Energy, an IIT Roorkee start-up specializing in manufacturing sodium-ion batteries, recently won the National Startup Awards 2022 in the Energy Storage category and was presented with a certificate of commendation by Sh. Piyush Goyal, Minister of Commerce and Industries, Government of India, recognizing and celebrating the most promising and innovative startups in India.
Addressing participants during the awards ceremony, Shri. Piyush Goyal, Minister of Commerce and Industries, Government of India, said, “India is now the third largest ecosystem for start-ups in the world. And this dream would not have been possible without the launch of Digital India. I congratulate each of you for taking that one step towards becoming a developed nation.”
The third edition of the awards was aimed at honoring businesses that offer innovative and ground-breaking solutions that encourage the nation’s sustainable economic development and provide large-scale employment opportunities.
Congratulating the whole Indi energy team led by Prof. Yogesh Sharma, IIT Roorkee, on this achievement, Prof. K.K. Pant, Director, IIT Roorkee, said, “The National Startup Award 2022 is among the most prestigious awards in Indian start-up ecosystem. IIT Roorkee is committed to providing hand-holding support to start-ups founded by IITR faculty and students. Further, the ecosystem is continuously being developed to nurture new ideas and innovation in science and technology.”
IIT Roorkee recently launched a scheme to support faculty-led start-ups, providing financial aid for prototyping, pilot testing, and marketing expenses, as well as commercializing technologies developed by IIT Roorkee faculty. Through TIDES and I-Hub Divyasampark, IIT Roorkee currently supports over 130 startups and offers incubation services such as physical, technical, financial, and networking support. Additionally, there are various schemes in place to support startups incubated by students, research scholars, and faculty members of the institute.
Indi Energy, a start-up from Indian Institute of Technology Roorkee, has developed a line of sodium-ion batteries that are known for their high energy density, low cost, and high safety, making them a viable alternative to traditional lithium-ion batteries. The company’s goal is to provide affordable and reliable energy storage solutions for a wide range of applications, including electric vehicles, grid storage, and portable electronics.
The mission of the company is to empower the nation with an Indigenously developed battery, including its components, to make India self-reliant. As Indi Energy increases production of its innovative sodium-ion batteries, it will position India as a leader in the clean energy storage sector. Sustainability is a key aspect of Indi Energy’s batteries, which are an alternative to lithium-ion and lead-acid batteries. The anode material used in the batteries is hard carbon, which is derived primarily from biomass.