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Their product and technology was evaluated by professors and Technology Development Board of India very carefully before Their presentation to them. Coitor IT Tech were one among very few who were chosen to be funded by Technology Development Board (TDB) of India, through PSG-Science & Technology Entrepreneurial Park (PSG-STEP). PSG College of Technology is a leading institution in the field of Technical Education and is ranked amongst top 10 engineering colleges in India along with IIT's. Coitor IT Tech met all the criterions necessary to be recognized for selection of funding.

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