IoT startup Atsuya Technologies gets Tamil Nadu grant

Atsuya Technologies, an Internet of Things-based sustainability startup, has received a grant from the Tamil Nadu government under its Guidance-ATEA Digital Accelerator Program.

Tamil Nadu Chief Minister MK Stalin handed over the Rs 60.40 lakh grant amount to the company at the Investment Conclave 2021 in Chennai on Tuesday.

Five startups from an applicant pool of 75 were selected for the Rs 3.5 crore total grant.

The Digital Accelerator Program has been facilitated by Guidance Tamil Nadu, the state’s nodal agency for investment promotion and single-window facilitation, along with American Tamil Entrepreneurs Association (ATEA) to encourage innovation and automation through hand-picked technology startups.