Anand Mahindra Praises IIT-Madras Start-up For Flying Electric Taxi Recently, a Bhopal based start-up came up with Bolero SUV, fitted with self-driving technology which caught Mahindra's eye and he praised the startup.

By Paromita Gupta

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Photo Curtesy: Anand Mahindra's post on X.

Mahindra Group Chairman Anand Mahindra has praised the IIT-Madras start-up which is developing an electric flying taxi and said that the institution has become one of the world's most "exciting and active incubators".

"A company is being incubated at IIT Madras to build a flying electric taxi by sometime next year," Mahindra posted on X.

Thanking the institution, he further said that with the rapidly growing number of ambitious incubators throughout India, "we're no longer seen as a country that lacks genuine innovators".

"Audacious aspirations matter. Accept no limits," Mr Mahindra wrote.

Recently, a Bhopal based start-up came up with Bolero SUV, fitted with self-driving technology which caught Mahindra's eye and he praised the startup.

"An engineer who's not building yet another delivery app. @sanjeevs_iitr is using complex math to target level 5 autonomy. I'm cheering loudly. And certainly won't debate his choice of car!" he added.

Earlier this week, IIT Madras said that it raised an all-time high amount of INR 513 crore in funding from its alumni, industry and individual donors during the financial year 2023-24.

The institute also attracted total new pledges of ₹ 717 crore from alumni and corporate partners during FY24.

Paromita Gupta

Entrepreneur Staff

Freelancer

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Leadership

I've Seen 25 Years of Change in My Career — These 3 Lessons Every Business Owner Should Know

The business world moves fast, and you're already behind if you're not keeping up!

Living

The 3 Lifestyle Habits That Made Me Sharper, Stronger and More Successful

These three simple yet powerful lifestyle changes transformed my productivity, energy and mindset. Here's how you can do the same.

News and Trends

Kolkata-Based Lab-Grown Diamond Brand Jewelbox Secures USD 3.2 Mn

The startup will primarily use the funds to expand its retail footprint, growing from eight stores to 30 locations by the end of this year.

Science & Technology

The Deepfake Threat is Real. Here Are 3 Ways to Protect Your Business

The rising use of deepfakes is a growing threat to businesses and society as technology advances. Here are three tips for companies to combat this threat.

Science & Technology

How Can Marketers Use ChatGPT? Here Are the Top 11 Uses.

With the recent developments in AI and the popularity of ChatGPT, you may want to integrate AI into your marketing practices. Find out how.