- ByStartupStory | March 11, 2024
IG Drones, India’s leading Drone Tech Startup and Analytics company, has signed a Memorandum of Understanding (MoU) with the prestigious Indian Institute of Management (IIM) Sambalpur for collaborative work in advanced applications of drone technology in Business Analytics, Management Strategies, and Public Policy. The landmark agreement was formalized during the 100-Cube Start-up Conclave at IIM Sambalpur, supported by the Ministry of Education. The event was graced by the presence of the Hon’ble Education, Skill Development, and Entrepreneurship Minister, Shri Dharmendra Pradhan.
With this latest development, IG Drones has become the first company to sign a MoU with an IIM . Under the agreement, IG Drones will launch a drone centre of excellence at IIM Sambalpur, Delhi Campus. This center will serve as a hub for research, innovation, and entrepreneurship in the drone technology space. The MOU will focus on the advanced applications of drone technology in Business Analytics, Management Strategies, and Public Policy.
IG Drones is an Odisha-based drone tech company doing great nationally and globally. The IIM Sambalpur association will further enhance the company’s role in promoting drone technology as an area of expertise and innovation for the Indian youth. The company is poised to leverage this collaboration to further its mission of advancing drone technology and its applications.
Mr. Dr. Mahadeo Jaiswal,Director IIM Sambalpur, said, “We are glad to sign an MOU and partner with the leading drone technology company, IG Drones, for advanced applications of drone technology in business analytics, management strategies, and public policy governance.It has been at the forefront of taking steps to become one of the leading IIMs in India.
Commenting on the collaboration, Mr. Bodhisattwa Sanghapriya, Founder and CEO of IG Drones said, “We are thrilled to partner with IIM Sambalpur in this groundbreaking initiative. This MoU is a testament to our commitment to driving innovation and fostering advancement in the drone technology sector by partnering with leading IIM in India. We believe that this partnership will not only benefit our company but also contribute to the growth and development of the drone ecosystem in India.”
The MoU between IG Drones and IIM Sambalpur represents a significant step forward in the advancement of drone technology and entrepreneurship in India. Both entities are committed to leveraging this collaboration to drive innovation, create new opportunities, and contribute to the country’s economic growth.
In addition to this, IG Drones has established over 15 Centers of Excellence across India and aim to build 1000 such Centre of Excellence to empower the youth of India with advanced drone technology. The company has strategically collaborated with multiple state governments, more than 100 Public Sector Undertakings (PSUs), and leading Multinational Corporations (MNCs) to offer a comprehensive range of drone-related services.
100-Cube Start-up Conclave is a startup initiative, facilitated by the Ministry of Education, Government of India in collaboration with IIM Sambalpur. It endeavours to establish 100 startups on its premises, each with an approximate valuation of Rs 100 crore by Odisha’s centennial celebration in 2036.
