Centre for Incubation, Innovation, Research & Consultancy

Proud moment as Machbee has been honored with the runner-up recognition at the HackgenAI, India’s largest Generative AI Hackathon, hosted by Kerala Startup Mission in collaboration with Pauly Jr. Productions, with the award presented by Nivin Pauly along with Shri. Kris Gopalakrishnan, Co Founder of Infosys.

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We are extremely proud to share that Mati Carbon Pvt. Ltd., incubated at Atal Incubation Centre – Jyothy Institute of Technology Foundation (AIC JITF) Bengaluru, has won the XPRIZE Carbon Removal grand prize of US $50 Million (approx. ₹400 Crores) for their pioneering Enhanced Rock Weathering (ERW) solution – a scalable, science-backed approach that removes atmospheric CO₂ by applying finely crushed basalt to croplands, while boosting soil fertility and farmer incomes.

This transformative method accelerates natural basalt weathering: CO₂ dissolves in rainwater, reacts with silicate minerals, and locks into stable bicarbonates—permanently sequestering carbon for ~10,000 years
What truly impressed the XPRIZE judges was Mati’s robust MRV system—supported by Yale and IIT-Kanpur—to credibly validate CO₂ removal at scale, alongside a digital platform that empowers over 30,000 farmers.

The entire fraternity of AIC JITF, CIIRC, and JIT congratulate M/s Mati Carbon and their entire team for this stupendous achievement!

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Sri. Yawo Edem AKPEMADO Chargé d'Affaires, High Commission of Togo in India and Prof. N Vinod Chandra Menon, Founder Member, National Disaster Management Authority, Government of India, visited Centre for Incubation, Innovation, Research & Consultancy (CIIRC) stall and interacted with our staff, at the 6th World Congress on Disaster Management held at Graphic Era, Dehradun, from 28th November till 1st December 2023.

Sri Dr Krishna Venkatesh, Director, CIIRC was also present on the occasion.

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Sri Jaysen K Ramasamy, First Secretary, High Commission of Mauritius in Bharat, visited Centre for Incubation, Innovation, Research & Consultancy (CIIRC) stall during the 6th World Congress on Disaster Management held at Graphic Era, Dehradun, Uttarakhand.

The event was kick started on 28th November and culminate on 1st December, 2023.

Dr. Krishna Venkatesh, Director - CIIRC was also present on the occasion.

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Yugadi Greetings!

Wishing a very happy and a prosperous new year as we welcome Shubhakrutha Samvatsara.