Every year, Samsung India conducts Samsung Innovation Awards, which aims to recognize and reward innovations that have the potential to revolutionize everyday living and enable students to take their ideas to the next level. The 7th edition of the annual event, held at the Indian Institute of Technology (IIT), Kanpur, once again saw an overwhelming response, with eight teams getting an opportunity to present their ideas.
This year’s Samsung Innovation Awards was initiated at IIT-Kanpur campus six months ago through an open entry process, where students submitted their innovative ideas. Professors from IIT-Kanpur and researchers from Samsung Research & Development Institute – Bangalore (SRI-B) shortlisted the candidates and selected the eight finalists.
The innovative product ideas and solutions presented this year ranged from a cloud-based healthcare data management system to an intelligence platform for law enforcement and defence agencies. The final teams presented their ideas to the jury at the IIT-Kanpur campus. We list the top two award winning teams:
First Prize- Kshitij Jaggi, Kumar Shivang and Rishabh Sahu
This team worked on a peer to peer financial transaction app using Blockchain technology in a distributed environment. Their vision is to enable financial inclusion of chit fund subscribers with Circle, a mobile first solution for organisers to easily manage the members, bringing in transparency in the whole process and creating credit history for all Indians.
Second Prize- Kaustubh Mundra and Sankalp Rastogi
The team, named as Insomniatec, won the second prize for proposing a project that uses an infra-red camera coupled with computer vision technology to detect drowsiness in a vehicle driver while in motion and provides in-time alerts.
Special Mention- Hari Shankar and Mewa Lal
Muskan Solid Waste, a start-up by Shankar and Mewa Lal, found a special mention at the Awards. This is a start-up that converts organic waste into high yielding compost. The technique used reduces time for composting and produces more efficient manure compared to artificial fertilizers.
“Through the platform of Samsung Innovation Awards, we want to encourage students to work on innovative ideas in evolving areas of artificial intelligence, computer vision and IOT. Samsung has been supporting deep-tech innovation at large and this year’s event in IIT-Kanpur is one such initiative,” said Dr. Aloknath De, Chief Technology Officer, SRI-B.
The winners were given cash prizes worth INR 2.5 lakh while the five finalists received merit recognition from Samsung. Samsung R&D Institute – Bangalore will engage with the award winners to further develop their innovations.
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