Team hopes to raise Rs 30 lakh from crowdfunding

A young team of students is all set to make history in the transportation sector but they need public help.

Published: 29th June 2017 11:16 AM  |   Last Updated: 29th June 2017 11:18 AM   |  A+A-

The team Hyperloo India that has qualified for Hyperloop Pod Competition organised by Space X this year

Express News Service

BENGALURU: A young team of students is all set to make history in the transportation sector but they need public help.Team Hyperloop India, the only participants from the country to qualify for Hyperloop Pod Competition organised by Space X this year, will travel to the US in August to compete with other renowned colleges from the world in the second edition of the competition. To meet their needs, the team has started a crowdfunding initiative and are appealing to the public to contribute generously. The aim is to collect around `30 lakh within the next 20 days.

Sibesh Kar, founder and lead, Team Hyperloop India, appeals, “This is an opportunity not only for the Hyperloop but for India too. Apart from building a scale down, our intention with the campaign is to reach out and to involve everyone in this journey to leapfrog transportation in India”
Pavan Kumar, co-founder of Workbench Projects, the team’s Co-creation Partner, says, “The total requirement of the project is `1 crore. We have already raised around `30 lakh from corporates and have turned to the people to help us with another `30 lakh. We will try and raise the rest again through corporate partnerships.”

Team Hyperloop India has been working for around four months. “This student team has been selected over 1,000 other teams in the world to compete in USA. It’s a great feat”
Started a few days ago, the crowdfunding campaign has so far received contributions from 149 supporters till last count. The amount collected so far has over `3.50 lakh. The team is building what they call an ‘OrcaPod’. The main goal would be to come out unscathed from the design tests before the on-track test at the 1 mile Hyperloop track of Space X at Hawthorne, California.

The designs of the competing teams have to first go through a variety of tests such as vacuum chamber tests, structural test to test the functionality as well as the endurance of the pods.
The main aim of the competition is to help design and develop workable pod prototypes. The Hyperloop Pod Competition II, will primarily focus on “maximum speed” and will include new as well as old teams who competed in the first edition.

Team Hyperloop India also recently took part in the Hyperloop One Global Challenge, organised by Hyperloop One, a transport company, and proposed a hyperloop route from Mumbai-to-Chennai via Bengaluru, a distance of 1,102 km to be covered in 50 minutes. This was in response to a vote opened by the company on five potential hyperloop routes in India.

Stay up to date on all the latest Bengaluru news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp