By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sejal News NetworkSejal News NetworkSejal News Network
Notification Show More
Font ResizerAa
  • Latest News
  • Business
  • City News
  • Technology
  • Entertainment
  • Sports
  • Crime
  • Political
  • World
Reading: LPU Student’s Start-up Scores Rs. 1.70 Cr. from Google Cloud, Eyes USD 3M Seed Funding
Share
Font ResizerAa
Sejal News NetworkSejal News Network
  • Latest News
  • Business
  • City News
  • Technology
  • Entertainment
  • Sports
  • Crime
  • Political
  • World
Search
  • Latest News
  • Business
  • City News
  • Technology
  • Entertainment
  • Sports
  • Crime
  • Political
  • World
Have an existing account? Sign In
Follow US
Sejal News Network > News > Press Release > LPU Student’s Start-up Scores Rs. 1.70 Cr. from Google Cloud, Eyes USD 3M Seed Funding
Press Release

LPU Student’s Start-up Scores Rs. 1.70 Cr. from Google Cloud, Eyes USD 3M Seed Funding

Last updated: January 24, 2024 11:16 am
Published: January 24, 2024
Share
SHARE

Rounak Adhikary, a tech-oriented BSc Design student at Lovely Professional University (LPU), is making waves in the field of technological innovation. As the Founder and CEO of ProjectX.Cloud, Rounak has developed a groundbreaking cloud-based operating system aimed at eradicating hardware dependency across devices.

Rounaks visionary project has recently received a significant boost with an infusion of $200,000 (approximately 1.70 Crore INR) in infrastructure support from Google Cloud. This generous support not only highlights the tremendous technological potential of ProjectX.Cloud but also marks a crucial milestone in its growth trajectory, enabling enhanced development and scalability of its innovative cloud-based solution.

To add to the projects impressive achievements, Rounak is also about to secure a remarkable seed funding of 3 Million dollars (Approx. 24 Crore INR), signifying the strong investor interest in his venture.

The recognition for Rounaks groundbreaking work started with grants from the Ministry of Commerce & Industry and the Ministry of Electronics and IT, amounting to Rs. 10 lakh. In addition to these grants, he has also been honoured with awards from the Microsoft Founders Program and AWS Activate Founders Program, totalling more than Rs. 50 lakhs in funding.

Dr. Ashok Kumar Mittal, Founder Chancellor of LPU and Rajya Sabha Member, congratulated Rounak on his enterprising spirit and encouraged him to continue his project for the ultimate benefit of global society.

Rounaks cloud-based operating system is designed to manage the operation, execution, and processing of virtual machines, servers, and infrastructures running remotely. His groundbreaking efforts have garnered attention within the global tech community, earning him recognition in prestigious events such as “Together 4.0” by the governments of India and Canada, as well as “SeedStars” at IIT Bombay, “Million at Stake” at IIT Kharagpur, “Ideastorm” at IIT Roorkee, and “Disrupt” at IIT Guwahati.

Furthermore, Rounaks remarkable project has been selected for the esteemed Launchpad accelerator at IIM Bangalore, further validating its potential. Notably, his innovative idea has attracted attention from global venture capital firms, including IFC World Bank, Elevation Capital, Campus Fund, and Kalaari Capital.

The achievements of Rounak Adhikary serve as a testament to the spirit of innovation and entrepreneurship fostered at LPU, and his pioneering work promises to revolutionize the tech industry on a global scale.

​

Written by

Share This Article
Facebook Email Print

Follow US

Find US on Social Medias
FacebookLike
XFollow
InstagramFollow
Popular News
Press Release

The DCO Council Announces Multilateral Cooperation Initiatives to Bridge Digital Divide and Ensure Inclusive, Sustainable Global Digital Economy Growth

February 2, 2024
The Festival of Winnings on Parimatch is LIVE, Join Round 2 for a Chance to Win Porsche 911 Carrera, Apple & Dyson Products
Simplify Your Travel Planning with Unicorn Rooms: Your Key to Seamless Getaways!
75 Portraits of PM Narendra Modi Unveiled in Unique Tribute
YAAVIK MATERIALS & ENGINEERING PVT. LTD

About US

Sejal News Network: Your premier source for trending business news, breaking updates, and expert insights on market trends and developments. contact@sejalnewsnetwork.in
Categories
  • Latest News
  • Business
  • City News
  • Technology
  • Entertainment
  • Sports
  • Crime
  • Political
  • World
Quick Links
  • About
  • Disclaimer
  • Terms & Conditions
  • Contact
  • Our Authors
  • Privacy Policy
  • Corrections Policy
  • Editorial Policy
  • Fact-Checking Policy
  • Ownership & Funding
  • Sitemap
  • Rss Feed
© Sejal News Network. Sejal Media And Network. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.