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IIT-Hyderabad alumni's start-up makes it big
A four-year-old startup by IIT Hyderabad (IIT-H) alumni, which is in the refractory industry, is catering to some of the major firms in the country, including Midhani India, BHEL, and Ordnance Factory, among others. Thermoflyde Industries Private Limited (TIPL) was co-founded by Aditya Aagare and Tarun Banoth, alumni of IIT-H and Md Ayaj, an alumnus of IIT Bombay. While its registered office is located in Hyderabad, its production unit is in Gujarat.