Landslides cause major infrastructure damages and deaths globally. Landslides cause more than INR 1000 crores/year in economic losses and more than 1000 deaths/year in India. Due to landslides, average losses in Himachal Pradesh alone cost more than INR 550 crores per year and caused more than 200 deaths per year.
Given the catastrophic effect of landslides on life and property, Intiot Services Pvt. Ltd. (iIoTs), a student – faculty group led company incubated by Indian Institute of Technology (IIT) Mandi’s technology incubator Catalyst, developed a patented low-cost system for sensing and warning against landslide disasters. The team joined the incubator in March 2018 and since then there is no looking back. The incubator helped the startup in their early development by providing business advice, resources, contacts and grants to develop a successful prototype. The series of mentoring sessions at Catalyst contributed in the understanding of basics of business and helped the team craft a business plan that’s attractive and ready for investors.
Currently, the system developed by iIots is targeted for markets in India and abroad, especially for areas where weather and landslide monitoring are critical. In India, being leaders of this technology, the team is expecting to generate a revenue of USD 80 million from the Indian market only from the developed low-cost system.
At an early stage, iIoTs holds the distinction of deploying a record number of landslide monitoring and warning systems at 10-different landslide locations in the Mandi district of Himachal Pradesh. The system has already saved lives and infrastructure in the 2018 monsoon season at the famous Kotropi landslide, where the system sounded an alarm just before a flash flood. Since then, the low-cost landslide monitoring system has been covered by several media outlets including the India Today, Telegraph, Financial Express, and the BBC. Currently, several system deployments are underway in the Sirmaur district and at Urla (a place close to Jogindernagar). They also got some orders from the DTRL, DRDO labs for sensing landslides. Intiot services raised a seed fund of INR 15 Lakhs from IIT Mandi Catalyst to deploy this technology at a massive-scale at different landslide-prone areas in India and the world.