iTIC Incubator

Est. November 10, 2020

Elkemie

Materials and Solutions Pvt. Ltd.

Elkmie is working on synthesizing five-element nanowires and customizing five-element alloys with different compositions and morphologies for Magnetic memory devices, Biomedical, Sensors, Energy, and Automobile sectors.

Founding Members

Dr Chokkakula Leela Pydi Pavithra

Co-founder

PhD

Dr Suhash R. Dey

Co-founder

PhD

Professor, IIT Hyderabad

Team Members

2 Co-founders

Target Market

R&D Labs
Researchers

Sector

Horizontal: Nanotech
Vertical: Materials

Problem Statement

Existing magnetic materials in healthcare often lack- In Devices: high-temperature stability, corrosion resistance, Shape making capability: In Healthcare: toxicity, biocompatibility; In Cost: Expensive

Value Proposition

Inexpensive and scalable | Environmental friendly | Soft magnetic, stable up to 600 degree C | Biocompatible | Nanowires can be used for bio-functionalization, drug delivery, cancer therapy, etc.

Current Stage

Proof of Concept

Type of Business

Product-based

Products / Services

Composition specific multi-component alloy materials such as Thin films, Nanowires, Composites.

Key Highlights

Received NICE grant of INR 25 Lakhs

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