Startup Odisha sanctions grants worth Rs 93 Lakhs to Startups

Bhubaneswar: The Startup Odisha’s task force sanctioned Product Development & Marketing Assistance, Monthly Allowance Grant and Need Based Assistance of Rs 92.76 Lakh to 12 Startups.

The financial assistance was sanctioned in the 21st meeting of the Task Force of Startup Odisha held on Nov 5, which met under the
chairmanship of MSME Principal Secretary Satyabrata Sahu.

The startups benefitted are namely Indevillez Pvt Ltd, a company working on bringing hybrid model in Handicrafts & Handlooms by designing premium and contemporary products & leveraging their platform to other other artisan/farmer-based entrepreneurs. Working with more than 200 artisans, this Startup has been impacting more than 500 livelihoods.

S.S Associate Innovation Lab Pvt, Startup working on AI based adaptive learning platform called Dambaruu. The platform is built for early schoolers (age group 3 to 8years) to get interactive & functional education.

TFarm, Startup working on revolutionary precision farming company dealing with hydroponic based vertical farming powered with high end IoT & AI
based monitoring & mitigating technology.

TIFT Transport Pvt Ltd, This Startup is developing a web application & interface for aggregating logistic players & providing them with management
services like Live Tracking, Driver health, etc.

Craftlog Systems LLP, a startup started in a small garage workshop in Balasore has been pioneer in Odisha to provide 3D printing monofilament
manufacturing services & has a full-scale production unit now.

Kodigerao Innoventures Pvt Ltd, startup working on providing better healing methodology by using nano particles in the suture materials in the treatment of wound care.

Sarvagun Sampanna Private Limited, Startup working on providing cost effective & affordable demographically targeted vitamins & micro-nutrient
enriched rice & rice products.

Advance Design & Analysis Solutions Pvt Ltd, Startup from Bhubaneswar is working on converting waste plastic & industrial waste into civil construction products.

Ardberry Technology Private Limited, A startup from Berhampur aiming to deliver interior/exterior decors with parametric designs & functional art.
Nishtula Instrument & Innovation Pvt Ltd, this startup provides research in embedded systems as well as electronic product manufacturing. With
technical partner with Ltts Germany, Sujan Biologic USA, Weldcut UAE, This startup provides technological support to BMW Germany for hardware & software development.

Renewable Envirogic Private Limited, Startup working on Bio-Medical plastic management company. Presently, this Startup has a MoU with NHM Odisha & has developed a mobile BMW van to manage bio-medical waste.

Oceanfront Tech LLP, Starup working on curating wedding services marketplace called Wedium.

The TaskForce approved Incubator Application for 4 Incubators namely INTEC-IMMT, Bhubaneswar, Krishi Kalinga Innovation Council-OUAT, NRRI-Agribusiness Incubation Centre, Cuttack & DBT-Institute of Life Science, Bhubaneswar.

With these benefits, the number of financial benefits extended Startup Odisha to startups have gone up to 207.

The meeting was attended by Manoj Kumar Mishra, IRTS, Secretary E&IT, Udaya Narayan Das, IAS, Additional Secretary, MSME, Reghu G, IAS, Director DTET, Md. Sadique Alam, IAS, CEO IED & DI Odisha, Smita Rout, Deputy Secretary, Finance,Dr B K Mohapatra, Director of H&FW, Sanatana Nayak, Director, Handicraft,Rohit Kumar Lenka, IFS,Director Horticulture, Manas Ranjan Panda, Director, STPI Bhubaneswar, A. K. Sharda, VP, UCCI, Jayashree Mohanty, President, Luminous Infoways, Ayashkant Mohanty, MD, Tatwa Technologies, Dr. Ashok Kumar Sahu, CSIR IMMT Bhubaneswar, Dr. M. Sabarimalai Manikandan, IIT Bhubaneswar, and Sanjukta Badhai, Evangelist, Startup Odisha among others.

Also Read

Comments are closed.