An Memorandum of understanding (MoU) has been signed by India’s homegrown ecommerce player “Flipkart” with Indian Institutes of Technology (IIT) Patna. The MoU will encourage industry focused applied research in the areas of Artificial Intelligence (AI), Natural Language Processing (NLP) and Machine Learning (ML). This is flipkart’s effort towards strengthening its academic collaboration which it has been promotiong for past 5 years now.
The partnership is expected to bring real world industry exposure to students and scholars of IIT Patna. It will also offer opportunities to the faculty members to work closely with Flipkart on various research projects. IIT Patna will also conduct a number of programs like joint research activities, writing research papers, organizing seminars, internship/mentorship opportunities etc. This MoU will help in setting up long term relationships between industry and academia and transform research into new projects and help drive ecosystem benefits which could lead to economic growth.
Important takeaways for all competitive exams:
- Chief Executive Officer of Flipkart: Kalyan Krishnamurthy.