Panache DigiLife, V.E.S Institute of Technology partner on ASICs and SOCs
Panache DigiLife, an Indian technology company, announced its collaboration with V.E.S Institute of Technology under the Chips to Startup Programme (C2S) initiated by the Ministry of Electronics and Information Technology (MeitY).
This strategic partnership aims to promote the Make in India initiative and propel technological advancements across the country.
The primary objective of the C2S programme is to facilitate the development of Application-Specific Integrated Circuits (ASICs) and System-on-Chips (SoCs) designed specifically for programmable gain amplifiers and reconfigurable Analog-to-Digital Converters (ADCs).
These cutting-edge chips will deliver enhanced performance and flexibility, catering to diverse industries and applications. As part of the C2S Programme, MeitY will generously provide a grant of INR 74.32 lakhs, supplemented by an additional contribution of INR 8.27 lakhs from Panache DigiLife Limited to V.E.S Institute of Technology. The disbursement of funds will be carried out over a period of three years.
Panache DigiLife Limited takes immense pride in its collaboration with V.E.S Institute of Technology and wholeheartedly supports their innovative research endeavors in this domain. By fostering a robust partnership between academia and industry, this collaborative effort seeks to expedite technological advancements and cultivate solutions that effectively address the evolving market needs.
The approval from MeitY and the subsequent grant serve as a significant milestone for both V.E.S Institute of Technology and Panache DigiLife Limited. This achievement underscores their shared commitment to innovation, research, and development, further propelling the technological landscape in India and solidifying the country’s position as a prominent hub for state-of-the-art technological solutions.
Amit Rambhia — Panache DigiLife Chairman and Managing Director said: “We are thrilled to be part of the Chips to Startup Programme of MeitY. This grant from MeitY along with contribution from Panache Digilife Limited is a testament to the dedication and expertise of V.E.S. Institute of Technology in the field of ASICs and SoCs.
“We are excited to collaborate with VESIT in developing advanced technologies that will contribute to the growth of the industry and benefit our esteemed stakeholders.”