Foundation for Innovation and Technology Transfer

Indian Institute of Technology Delhi, Hauz Khas, New Delhi - 110016

Preliminary Application Form for Residency of TBIU, IITD

(Please elaborate with additional annexures wherever necessary, but be brief)

1. Name(s) of the Applicant(s)

Rishi Pujara

2. Date of Birth: 01 July 1984 Nationality: INDIAN

3. Telephone No.
9953009336
Fax
N/A
Email rishi@ivoz.ai

Website https://ivoz.ai

Address for
Communication 2nd floor, IMPunjab, Kalkat Bhawan Block C, Gmada Aerocity,
Mohali, Punjab, India

4. Please indicate your status:

i) You have a novel technological idea/concept and hope to convert it into a commercially
viable product/services through technological support/R&D collaboration with IITD.

Yes [✓ ] No [ ]

Yes
ii) You hope to become a new technology entrepreneur in a few years. [✓] No [ ]

iii) You own/represent a First-Generation Start-up Company engaged in a technology business in

Yes
which expertise/research interest exists in IITD. [✓ ] No [ ]

5. Title of your Business/Technology proposal for Incubation

6. Brief description of the Product/Services/ technology business you plan to incubate in IIT Delhi

iVoz Ai leverages natural language processing to transform traditional contact centers into intelligent
hubs. By analyzing real-time customer inquiries, we deliver accurate responses and reduce agent
workload, leading to improved customer satisfaction and operational efficiency.

Key USPs:

1. Voice Based-Conversational AI with 99% accuracy in understanding User's query or

intent.
2. Supports 135 languages globally (with at least 90% accuracy). Hindi and English have
99.9% accuracy.
3. Voice-based interactions mean Enterprises can now automate 90% of customer queries
they receive in Inbound processes and 100% in outbound operations.
4. Cost savings of 75% compared to a manual call center (not including initial investment).
5. The enterprise pays only for the answered calls and nothing else.
6. Includes in-built QA and Call Analytics.

7. Brief description of the R&D efforts and other technological inputs you hope to resource from
IITD. i) Please indicate names of faculty member(s) along with Dept./Centre of the Institute

ii) Please indicate role of faculty member(s) N/A

Founder / Equity Stake / Mentor: Yes / No
- % of shareholding in the start-up, if any: ________
- If Mentor / Advisor, frequency of involvement - Daily/Weekly/Fortnightly/Monthly/
Quarterly
- Agreed Fee, if any, and terms thereof:

Faculty involved needs to give an Undertaking that the time committed for incubation shall
be within 52 days as per Institute norms for consultancy except when he/she is on a long-
term leave for incubation (Annexure-I)

iii) Equipment/ facilities at IIT Delhi proposed to be used Yes✓/ No

If yes, please submit Annexure-II at the time of presentation of your incubation proposal.

8. Have you interacted with the concerned faculty and has the expressed consent of faculty
obtained? If yes, please provide confirmation: Yes
9. Have you prepared a Business Plan (including a technology plan) for the next 3-5 years? If yes,
please submit a copy.

(The Business Plan should cover, interalia, Executive summary, team members, key focus areas, market information on
customers, competitors and collaborators, financial parameters such as investment plans, cash flow forecasts etc.)

Yes [ ✓ ] No [ ]
10. Please indicate source of funds, nature of funds (equity/loan etc.) and broad terms and
condition attached thereof.
CCD of 55Lacs (SISFS, Chunauti3.0)
Govt. Grant of 3lacs (Startup Punjab)

11. Are you an alumnus of IITD?

Yes [ ] No [ ✓ ]

If Yes: Please indicate year / Stream / degree and other educational qualifications.

If No: Please give details of your alma-mater(s) and educational qualifications.

MCA from Kurukshetra University (2007)
Diploma- AI Stanford Univ. (2015)

12. Please give a brief description of your experience and background.

Rishi Pujara
Founder
Working on Tech Products Since Age 16
Ex-Accenture, ex-Sapient, ex-Aricent
Founder of D-ályma IT Solutions, Which Offered Quality Customized Software Applications, Mobile
Apps, ERP/CRM Solutions in Open ERP Odoo.

13. Profile of your Company, if already registered.

Vishwaaz AI Pvt Ltd. Registered 2nd Feb 2022, DIPP number: DIPP95433

14. Please give names and addresses of upto 3 referees who are acquainted with your
career profession/achievement.

Amit Narang: Founder PhonePe with 100% Successful Exit When Flipkart Acquired it.Director/CEO
of Paymart India Private Limited, Launching India’s First Virtual ATM In Association With Reputed
Banks In India

Satyendra Chauhan, CEO IISER Mohali TBI, +91 96962 18778

Dr. Meenakshi Kanojia, Deputy Director, Directorate of Innovation and Technology Transfer - Amity
University
 ANNEXURE - I

I, _______________________________________________________ (name of faculty with

employee code) of ___________________________ (Dept./Centre) is going to be engaged with
______________________________ (name of start-up company) as _________________________
(Founder / Stakeholder / Mentor) and shall be holding ______ % of stake in the company.

I hereby undertake that the time committed for incubation by me shall be within 52 days per
year as per Institute norms for consultancy. In case, I am required to give more than 52 days per
year for the incubation, I shall take leave of the kind due for the same.

(_________________________)
Signature with Date

To: MD, FITT

Copy to Dean (Faculty), IIT Delhi

 ANNEXURE – II
Compensation for use of Institute Resources for Incubation
M/s. _______________________________ (name of the start-up) has applied for incubation to TBIU, IIT
Delhi. It is expected that the following resources are likely to be used during the incubation phase of the
company:
LABORATORIES

S.No. Lab. Name Room No. No. of incubation Hours per week #
staff in the
laboratory

EQUIPMENT

S.No. Major Equipment Hours per week #

Note: All consumables should be provided by the start-up company

The estimated total usage charges over the incubation period: _______________

To compensate for the same, M/s. __________________________ agrees to pay in cash or equity
#Charges Equity

a) Upto Rs.5.00 lakh 0.5%

b) For every additional charge of Rs.1.00 lakh (upto Rs.20.00 lakh) 0.1%

c) For every additional charge of Rs.1.00 lakh beyond Rs.20.00 lakh 0.2%

(Applicant) (Associated Faculty) HOD(s):