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75 Promising Startups NIDHI Seed Support Program

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254 views110 pages

75 Promising Startups NIDHI Seed Support Program

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Sachin Sharma
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Department of

Science & Technology


Government of India

PROMISING STARTUPS
PROMISING STARTUPS
NIDHI-SEED
NIDHI-SEED SUPPORT PROGRAM
SUPPORT PROGRAM
Department of
Science & Technology
Government of India

75
PROMISING STARTUPS
NIDHI-SEED SUPPORT PROGRAM
Published by
VIGYAN PRASAR
1st Floor, Block-II, Technology Bhavan
New Delhi-110016
Phone: +91 11-26511207
E-mail: [email protected]
Website: https://www.vigyanprasar.gov.in

Copyright © 2022 by Vigyan Prasar


All rights reserved

75 Promising Startups
NIDHI-Seed Support Program

Concept & Guidance : Anita Gupta, Adviser & Head-NSTEDB, DST


Editor-in-Chief : Nakul Parashar, Director, Vigyan Prasar
Editor : Kinkini Dasgupta Misra, Senior Scientist, Vigyan Prasar
Content & Production Coordination : Sapana Kaushik, Scientist, NSTEDB-DST
Content & Production Management : Prabhat Ranjan, Scientist, Vigyan Prasar
Editorial Assistance : Subodh Kumar, Scientist, Vigyan Prasar
Sirat Sandil, Sr Project Officer, Vigyan Prasar
Neelam Pandey, Jr Project Associate, Vigyan Prasar
Coordination Assistance : Renuka Sharma, Program Support Professional, NSTEDB-DST
Kajal, Data Entry Operator, NSTEDB-DST

Design & Printing: Angkor Publishers (P) Ltd., Email: [email protected]

ISBN: 978-81-7480-390-0

Disclaimer
The data, information & other program details contained in this document have been sourced, analysed and reproduced from implementation partners (DST
Supported Incubators) & material published in the public domain.

Efforts have been made to reflect the nature and impact of the entrepreneurial ecosystem established through the efforts of DST. Data & information furnished herein
are indicative only and may be used for any subsequent studies with due corroboration from the original sources of the information cited herein. Neither DST nor
Implementation Partners can be held responsible for any and all the claims related to the accuracy or reliability of the same. Neither DST nor DST supported incubators
shall be held liable for any loss/damage caused by any error, omissions (whether or not they have resulted from negligence, accident or other causes) or for any other
consequences arising thereof.

This compendium is for indicative purpose only and does not necessarily represent the official views or policies of the department. No part of the compendium
constitutes or claims to constitute the part of the standard, specification or regulation. Request for permission to reproduce any part of the document may be sent to
DST.
.
;
;
;
;

MESSAGE

Startup India Initiative announced by Hon’ble Prime Minister in the year 2015, has set a new vision
for the Indian economy to unlock people’s entrepreneurial potential in a conducive environment.
Today, India is the third largest startup ecosystem globally which has grown from strength to
strength in the last few years.
The Department of Science and Technology (DST) has contributed significantly in shaping
up the startup ecosystem in the country through creation of institutional structures that fosters
technology-based entrepreneurship, such as the Technology Business Incubators (TBIs). The National Initiative for
Developing and Hamessing Innovations (NIDHI), an umbrella program, launched by DST in 2016 plugs key gaps in the
idea to market value chain. The NIDHI program implemented by Incubators, offer start to scaleup support through array
of programs namely EIR (Entrepreneur in Residence) (EIR), Promoting and Accelerating Young and Aspiring innovators
and startups (PRAYAS) and Seed Support Program (SSP). In last five years, these programs have generated notable
outcomes and impact.
I congratulate the Team of DST for their dedicated efforts and contribution in bringing out the compendium of 75
impactful and promising startups featured under various programs of NIDHI to commemorate Azadi ka Amrit Mahotsav. I
also compliment the strong network of DST supported incubators and its nurtured startups, whose noteworthy contribution
on innovation and entrepreneurship will not only go a long way in realizing the mission of Atmanirbhar Bharat but also in the
nation building.

(Dr. Jitendra Singh)


MBBS (Stanley, Chennai)
MD Medicine, Fellowship (AIIMS, NDL)
MNAMS Diabetes & Endocrinology
iv
FOREWORD
01 August, 2022.

Department of Science and Technology (DST) has been playing a significant role in aiding
the development of early-stage startups through the adoption of progressive programs and
development of pertinent infrastructure. Its contribution in fostering and nurturing the fledgling
start-up ecosystem steered through strong network of Incubators is noteworthy both in terms of efforts and impact. The
last five years have been fruitful in bringing speed and scale in catalysing programs for the national initiative of Startup
India -Standup India. DST introduced a flagship initiative NIDHI- National Initiative for Developing and Harnessing
Innovations to influence the Indian startup ecosystem even deeper.

During last few years, concerted efforts of DST has resulted in better outreach, outcomes and impact. It is now
evident that DST’s initiatives have created an enabling environment for startups and also brought in the multiplier
effect through global recognition to the entrepreneurs nurtured and supported through this ecosystem. It is heartening
to see that in addition to the incubation support, thousands of innovators and startups have been supported in varied
technology domains aligned with key national initiatives under NIDHI-EIR, NIDHI-PRAYAS, and NIDHI Seed Support
Program. These programs have resulted in accelerated growth in the number of startups supported, employment,
intellectual property generated, and wealth created.

I extend my best wishes to Team of NSTEDB, DST along with Vigyan Prasar, SINE IIT Bombay and Venture
Center, Pune in putting up sincere efforts in bringing publication on 75 promising Startups supported under various
components of NIDHI Program.

(S. Chandrasekhar)
vi
PREFACE

Startups are the catalyst of change for any economy. The Startup India program has fuelled the
ecosystem with strong policy and program support by the government. Today, we see the presence
of strong technology and science-based startups across various technology sectors contributing to
the nation’s mission of self-reliance.
The National Science and Technology Entrepreneurship Development Board (NSTEDB)
of DST has been dynamically adapting its approaches and offerings to suit the national aspiration and needs to foster
Science, Technology, and Innovation based entrepreneurship. The uniqueness in NSTEDB’s approach lies in supporting
a strong network of incubators in higher learning institutes to benefit fledgling startups.
NSTEDB has taken rapid strides in building the technology-enabled S&T ecosystem in the country, by launching
a Program NIDHI (National Initiative of Developing and Harnessing Innovation) in 2016. NIDHI’s array of value-added
program offers funding support at various stages of product development, including prototype, market validation,
enhancing readiness for market and investment. In last five years, the NIDHI program has yielded significant outcomes
and impact.
Celebrating Azadi Ka Amrit Mahotsav to mark 75 years of our independence, a compendium featuring 75
promising and impactful Startups as beneficiary of NIDHI Seed Support Program, is being brought out by DST. My
heartiest congratulations to the wonderful effort made by these startups in contributing towards Atmanirbhar Bharat
Mission through their innovative products and solutions. I would like to compliment Team NSTEDB and the Incubators
implementing Seed Support Program for their efforts and commitment in making the program successful.

(Anita Gupta)
Department of
Science & Technology
Government of India

NIDHI - Seed Support Program

Department of Science and Technology (DST) has been the pioneer in supporting the
innovation and entrepreneurship ecosystem in the country. In order to address the critical gap
in the availability of initial funding for technology-based startups, DST introduced Seed Support
System in 2008. This value addition in the offering of Technology Business Incubators (TBIs)
resulted in attracting a promising pipeline of incubatees.

After PM’s call for Startup India in 2015, National Initiative for Developing and Harnessing
Innovations (NIDHI), an umbrella program for supporting young innovators who are pursuing
their dream of ideas to startups, was launched in 2016. Seed Support scheme was also revamped
as NIDHI - Seed Support Program (NIDHI-SSP), and the scale at which support was provided to
TBIs was increased five times.

NIDHI-SSP is aimed at providing timely seed support to the deserving incubatee startups with promising ideas,
innovations and technologies within an incubator, enabling them to take their venture to the next level and facilitate their
success in the marketplace. This would enable some of these incubated startups with innovative ideas/technologies to
graduate to a level where they can raise investments from angel/venture capitalists or reach a position to seek loans from
commercial banks /financial institutions. We have already supported more than 460 startups under this program.

In this compendium, we attempt to showcase the most promising 75 seed-supported startups since the inception
of this program. We have shortlisted these startups based on various criteria like innovation content, critical problem
solved, technology readiness level, investment raised, market traction etc. Seed support is essential in their various
stages to enhance their market readiness. It is evident from the study of these 75 startups that each rupee invested as seed
support resulted in 10 times their external funding. Each startup has generated approximately 30 employment.

We wish to congratulate all the implementing TBIs of seed support programs and the startups for their immense
contribution to building the innovation and startup ecosystem in the country.

Dr. Sapana Kaushik


Scientist E, DST
Program Officer, NIDHI-SSP

viii
Department of
Science & Technology
Government of India

Overview of Seed Support Program

Objective Operational Model for NIDHI-Seed Support


Program
The key objective of the NIDHI- SEED SUPPORT PROGRAM
(NIDHI-SSP) is to ensure the timely availability of seed
support to the deserving incubated startups within an
incubator, enabling them to take their venture to the next level
and facilitate their success in the marketplace. The detailed
program guidelines are available at https://nstedb.com/
NIDHI-Seed-Support-Program-Guidelines.htm

Quantum and Disbursement of NIDHI-SSP


Funds
• The maximum financial support to be made available to
an incubator would be Rs. 1000 lakhs.
• The grant would be released in 2-5 rounds with a max of
Rs. 500 lakhs per round.
• The support/round needs to be utilized in 2-3 years.
• The Seed Support size for the startups is capped at
Rs. 100 lakhs per startup (Rs. 100 lakhs considered only
in exceptional cases).
• Mode of financing/investing: Soft Loan, Equity, or
Equity-linked instruments financing/investing.

Broad Areas and Items of Utilization of Seed Presence of TBIs supported under NIDHI – Seed
Support by the Startup Support Program
• Technology development and de-risking activities
• Scale-up
• Market entry
• Product Development
• Mentoring
• Seeking consultancy
• IPR issues and all such startup activities

ix
Department of
Science & Technology
Government of India

Impact of Seed Support Program TBIs Supported Under Seed Support Program

Seed Fund Disbursement to TBIs

x
Contents

Startup Sector Name Page No.

Agriculture and Food Technology 1

Energy 11

Finance and Education Technology 17

Healthcare and Medical Devices 27

Information Technology 51

Manufacturing Technology 65

Mobility and e-Mobility 71

Waste Management 87
Agriculture
&
Food technology
Startup Name

New Leaf Dynamic Technologies Pvt Ltd., Delhi

SNL Innovations Pvt Ltd., Jaipur

Farms2Fork Technologies Pvt Ltd., Bengaluru

Flybird Farm Innovations, Bengaluru

Delmos Research Pvt Ltd., Pune

Wide Mobility Mechatronics Pvt Ltd., Hubballi

KlonecAutomation Systems Pvt Ltd., Bengaluru


New Leaf Dynamic Technologies Pvt Ltd.
Delhi https://newleafdynamic.com/

Product - GREENCHILL
Problem Addressed - The product GreenCHILL solves the issue of Post-Harvest
Losses (PHL) in the Indian horticulture sector by enabling maximum access to cold
storage and hence increases farmers’ income by enabling them to sell their products
in high demand time. Founders - Anurag Agarwal
Akash Agarwal
Product details
Technology Readiness Level
Description - A 15 MT (3.5 TR [ton of refrigeration]) cold storage (GreenCHILL) (TRL) - 9
system fuelled by biomass that can run at off-grid geographies at a disruptively
affordable price. It consumes less than 100 kg of biomass a day, has minimal moving Intellectual Property - 2 Patents
parts, and no compressor, and improves the reliability and life of the product. It can granted
be customized to include 10 to 30 MT of storage with the option of pre-cooling and
multi-crop compartments.
Application - New Leaf Dynamic has developed a refrigeration system, ‘GreenCHILL’,
powered by biomass or farm waste. It uses advanced materials and processes patented

by New Leaf to generate refrigeration from heat without using grid power or diesel.
It provides refrigeration for fruit, vegetables, flowers, and milk at the village or farm
level. This allows farmers to store their produce until market demand and price
increase, enabling them to earn more in an environmentally sustainable manner.
Value Proposition Incubated at
• The cold storage system is fuelled by biomass and can run at off-grid geographies
at an affordable price by consuming less than 100 kg of biomass daily
• The cold storage does not include a compressor and has minimal moving parts,
which improves the life and reliability of the product
• It has the option of pre-cooling and a multi-crop compartment Social Alpha, Delhi
www.socialalpha.org
[email protected]
Achievements
Awards: FICCI Nurturing Agri Innovation Awards finalist; National
Bioentrepreneurship Award finalist, CCAMP; Winner Best Start-up-Animal
Husbandry Start-up Challenge 2020
End users - Farmers/Cultivators

3
SNL Innovations Pvt Ltd., Jaipur
https://www.innofarms.co.in/

Product - INNOFARMS (SNL Innovations)


Problem Addressed - Food wastage at the farm gate is one of the biggest problems
of post-harvest management in India. Along with a good supply chain and storage,
processing can eliminate the problem of wastage. High capital cost has limited the
adoption of processing in the country. Founders - Sudhanshu Gupta
Dr Liza Gupta
Product details
Technology Readiness Level
Description - Mini fruits and vegetable aseptic processing can reduce the wastage at (TRL) - 9
the farm gate. A small unit developed by SNL Innovations Pvt Ltd. can also be made
mobile, thus increasing capital utilization. Farm gate processing reduces wastage, Intellectual Property - Filed 3
patents and registered 1 trademark
increases farmers’ income, and increases penetration of processing in the country.
Application - Small-scale aseptic processing plant
Value Proposition – The processing plant is a small-scale set-up enabling farm gate
intervention. It provides sophisticated quality at a low cost and can be made mobile.

Achievements
• Sold 6 units and received the order for an additional 3 units
• Domestic presence
• Growth of over 7 times year-over-year (YoY)
Incubated at
• Received external investment of Rs. 1 crore from Angel round in 2020
End users– Farmers, Farmer Producer Companies (FPCs), Co-operatives

CIIE Regional Innovation


Foundation, Ahmedabad
https://www.startupoasis.in/
[email protected]

4
Farms2Fork Technologies Pvt Ltd., Bengaluru
www.cultyvate.com

Product - AUTOMATED SMART IRRIGATION AND SMART IRRIGATION


ADVISORY
Problem Addressed - Paddy farmer uses 2 crore liters of water per Ha/season, whereas
paddy can be grown by using up to 50% less water. cultYvate has developed a patent-
pending Smart Irrigation Advisory using the Internet of Things (IoT), remote sensing, Founder - Mallesh Tigali
and artificial intelligence (AI) to keep measuring the water level 2 inches above the
ground and 6 inches below the ground in real-time, advising farmers to start/stop
based on the crop water demands.

Product details

Description - IoT sensors placed in the field will check the water level on an hourly
basis. Two sensing points are placed above the ground and two below the ground.
The farmer gets a message when the water level touches the first sensing point below
the ground. A follow-up call gets initiated if no action is taken before the water level
depletes to the next level. Once the irrigation is started, the farmer receives a call to Incubated at
stop irrigation when the water touches the first sensing point above the ground, and a
follow-up call is initiated if the farmer does not take any action within the stipulated
time.
NSRCEL.IIMB (IIMBI), Bengaluru
Achievements https://www.nsrcel.org/
• Raised pre-series fund and now [email protected]
expanding in north India
• Integrating Carbon Credits through
reduction in Green House Gases
(GHGs) emissions
• IoT-enabled smart irrigation advisory
is being deployed for Kharif 2022 in
about 4500 acres of Paddy with 650
Alternate Wetting and Drying (AWD)
sensors in the regions of Punjab and
Haryana
• Domestic presence in Karnataka,
Maharashtra, Punjab, Haryana, and
international in Oman

5
Flybird Farm Innovations, Bengaluru
www.flybirdinnovations.com

Product - SIRI - An automated precision irrigation and fertigation controller


Problem Addressed - Improvement of crops and water conservation

Product details
Description - This is a high-end product from FlyBird aimed at next-level farmers Founders- Satish KS
Manjunath KS
and corporate firms engaged in farming, wherein irrigation and fertigation will be
controlled through mobiles using Global System for Mobile (GSM) technology, and Technology Readiness Level
all irrigation and fertigation data will be available to customers in graphical form. (TRL) - 9

Application- Siri determines how much and when to irrigate your field/greenhouses
based on soil moisture, temperature, and humidity levels. It is so smart that it will
postpone irrigation if it is raining. It can automate fertigation needs by independently
controlling up to 5 tanks. Siri comes with multiple options for add-on modules and
sensors and can be controlled remotely through the Siri Link web/mobile interface. —
Siri can also be customized to be affordable for the marginal farmer and scaled up to
manage large corporate farms.
Value Proposition - Siri helps in viewing the history of irrigation in a graphical display,
performing data analytics of past irrigation, remotely controlling and monitoring
irrigation/fertigation/fogging/misting, and conducting precise planning for the
Incubated at
future.

Achievements
• Domestic and international presence
• Growth of 30%
a-IDEA, ICAR-NAARM, Hyderabad
• External investment www.aidea.naarm.org.in
of Rs. 60 lakhs [email protected]
• Generated revenue of
Rs. 8 crores
End users - Farmer-
Producer Organisations
(FPOs), Farmers, and
Urban & Commercial
users

6
Delmos Research Pvt Ltd., Pune
www.delmosresearch.com

Product - DELSTRIPS
Problem Addressed - The quality of milk is noticeably below acceptable standards.
According to the Food Safety and Standards Authority of India (FSSAI) survey,
68% of milk in India is adulterated, which is alarmingly high. Milk adulterated with
urea, caustic soda, and formalin causes gastroenteritis, and the long-term effects of Founders - Manoj Kumar Maurya
adulterated milk are far more severe. Babbar Singh

Product details Technology Readiness Level


(TRL) - 9
Description - Delmos Research Pvt Ltd. is addressing the critical issue of adulterated
milk by providing dELStrips. The product is easy to use, quick, and very sensitive. It
is safe, requires very less sample for testing, and does not require additional skills for
usage.
Application - The product “dELstrips-Reagent Strips for Detection of Adulteration in —
Milk” is so easy to use that even a child or a mother at home could use it to ensure that
the milk is safe. It will empower the common man with a tool to test their milk at home
without the need for any technical expertise, laboratory set-up, or other facilities. It
involves a simple two-step process: dipping the strip in milk and observing the change
in color. The product has the potential to eliminate the adulteration of milk from India. Incubated at
Value Proposition - The product is capable of eliminating adulteration.

Achievements
• 650 B2B clients
a-IDEA, NAARM, Hyderabad
• Export of products www.aidea.naarm.org.in
• Overall Growth of 25% [email protected]

End users - Dairy brands, dairy


co-operatives, National Food
Laboratory, and Multinational
companies (MNCs)

7
Wide Mobility Mechatronics Pvt Ltd., Hubballi
www.widemobility.com

Product - CONRAD-G
Problem Addressed – The product helps in the identification of fruit fly-infected
gherkins, enabling the export industry to export infection-free gherkins. It helps in
achieving the required throughput and efficiency.
Founders- Shekhar Basavanna
Product details Rohini Ghatpande

Description – It is a non-destructive technology that uses X-rays to identify the Technology Readiness Level
infections inside the gherkins. The machine is fully automated from feeding until (TRL) - 9
segregation.
Value Proposition – It is a hi-tech factory viable food inspection solution indigenously
built in Hubballi. It has an Agricultural and Processed Food Products Export
Development Authority (APEDA) subsidy and is Atomic Energy Regulatory Board
(AERB) compliant. The product has delivered market-proven consistent results. —

Achievements
• 9 machines on the field
• Domestic presence
• Generated revenue of Rs. 4.08 crore Incubated at

End users - Indian Gherkin Exporters Association, all gherkin pickling units.

Foundation of Sandbox Start-ups


Initiatives, Hubbali
https://www.deshpandestartups.
org/

8
Klonec Automation Systems Pvt Ltd., Bengaluru
https://krishitantra.com

Product – KLONEC AUTOMATION SYSTEMS PVT LTD.


Problem Addressed - The product addresses the issues of soil and water analysis,
labor-intensive farming, water scarcity, and soil erosion.

Product details Founder - Sandeep Kondaji


Description - Klonec Automation Systems enables an Internet of Things (IoT) backed Technology Readiness Level
sensor Data acquisition (DAQs) which collects farm data accessible through mobile (TRL) - 9
phones and cloud instantly. The same data can be interpreted by any agronomist
remotely to provide advisory to the farmer in real-time.
Application- Provides efficient and effective water usage solutions and reliable and
cost-efficient technologies, products, and services to farmers.

Value Proposition – IoT-backed sensor DAQs collect farm data and can be accessed
through mobile.

Achievements
• Investment of Rs. 8.65 crores
Incubated at
End users - Consumer/Enterprise.

IIMK LIVE
www.iimklive.org
[email protected]

9
energy
energy
Startup Name

ZedBee Technologies Pvt Ltd., Chennai

Greenjoules Pvt Ltd., Pune

Leopan Motors Pvt Ltd., Himachal Pradesh

NyQuest Innovation Labs Pvt Ltd., Kochi


ZedBee Technologies Pvt Ltd., Chennai
https://www.zedbee.in/ 

Product - New age Intelligent Building and Energy management solution; Hardware
ranges: Data monitoring and energy optimisation; Indoor air quality devices
Problem Addressed - ZedBee decided to address the lack of efficient Building
Management Systems in India with an innovative platform that links critical
infrastructure equipment and one-stop data management and ensures secure and
Founder - Ankit Poddar
efficient operations.
Technology Readiness
Product details Level (TRL) - 9

Description - Zedbee offers products and solutions to increase the performance and Intellectual Property– One patent
efficiency of the entire building infrastructure. Their hardware range includes smart granted, another filed
controllers and energy optimizers for HVAC systems. Their software includes cloud-
based algorithms, dashboards, AI-driven models, and analytics for informed decision-
making, enabling integrated infrastructure control and energy efficiency. 
Application - Hardware devices and Software to ensure energy savings and operational
efficiency of building infrastructures.  —

Achievements
• Market presence with major clients across India in sectors like construction and
engineering, educational institutions, hospitality, banking, etc. 
• Domestic presence Incubated at
• External investments by Indian Angel Network (IAN), US-based Keiretsu Forum,
and Stanford Angels
• Generated revenue of Rs. 5.3 crores in FY20-21 and Rs. 1.57 crores in FY21-22
End users - Corporates & industries with huge building assets, including L&T, Raheja Rural Technology Business Incubator,
Corp, IITM Research Park, ITC Hotels, ICICI Bank Chennai
http://hrm.rtbi.in/
[email protected]

13
Greenjoules Pvt Ltd., Pune
www.greenjoules.in

Product - ABHILASHA – 2ND GENERATION ‘DROP-IN’ BIOFUEL


Problem Addressed - Diesel is a critical fuel that has been powering vehicles, DG sets,
boilers, etc., and has been a pollutant causing climate change. Greenjoules offers an
alternate, environment-friendly fuel to replace diesel.
Founder - Sankaran Viraraghavan
Product details
Technology Readiness Level
Description - Using agro-industrial wastes, Greenjoules has produced 2nd generation (TRL) - 9
biofuel that fully replaces diesel with the same calorific value without the need to
change equipment, thus reducing Green House Gases (GHGs) by 90%.
Application - Greenjoules Pvt Ltd. manufactures 2nd generation biofuels from agro-
industrial wastes. The biofuel is used in DG Sets, boilers, and vehicles that use
diesel without change of equipment at 100% replacement or as blends with diesel. —
Greenjoules also produce gaseous fuel and biochar.
Value Proposition - Using non-food and non-feed agro-industrial wastes,
Greenjoules produces a biofuel that can fully replace diesel. The fuel is tested at IIT-
Chennai, Automotive Research Association of India (ARAI), and the Indian Institute
of Petroleum, Dehradun. Incubated at

Achievements
• Blue chip customers like HUL, Cipla, Godrej Agrovet, Tata Adv Systems, etc
• Manufacturing plant set-up at Chakan (increasing daily capacity from 10 to 50
Kiloliters per day) Science and Technology Park, Pune
• Generated revenue of Rs. 5 crores www.scitechpark.org.in
[email protected]
End users - General public

14
Leopan Motors Pvt Ltd., Himachal Pradesh
www.iitmandicatalyst.in

Product - LEOPAN MOTORS


Problem Addressed - The biggest problem with Electric vehicles is the need to
constantly recharge their batteries, which increases the charging time and decreases
the life span of batteries.
Founder - Vipan Dhiman
Product details
Technology Readiness Level
Description – The E-Rickshaw will be equipped with the Self Charging System (TRL) - 8
technology that will help maintain the backup of its batteries and help in charging by
50% to 80%.
Application - To improve the efficiency of electric vehicles, Leopan Motors is working
on the concept of Self Charging System.

Achievements
• Over 1000 ready customers
• Participated in Global Investment Meet
• Certified by iCAT and Certified state approvals in Himachal, Chandigarh, and
Punjab. Setting up its unit at Pandoka, Himachal Pradesh Incubated at
• Received investments of Rs. 40 lakhs under Hima Startup Yojana
End users - Existing E-Rikshaw Drivers, Industries, and Government for Smart City
Projects
IIT Mandi Catalyst, Mandi,
Himachal Pradesh
[email protected]

15
NyQuest Innovation Labs Pvt Ltd., Kochi
www.nyquestindia.com

Product - NYQUEST INNOVATION LABS


Problem Addressed - Solar energy requires a lot of CAPEX (Capital Expenditure)
intensive for the common man to afford. In a typical solar photovoltaic (PV) system,
40% of the cost is accounted for by solar modules, and the remaining costs arise from
other systems and installation services. The payback period for small capacity Founder- Lakshmi Nambiar
solar systems with storage is above 10 years, making them uneconomical f r o m a n
energy payback and Levelized C o s t of E l e c t r i c i t y ( L C O E ) perspective. Technology Readiness Level
(TRL) - 9
Product details
Description - The team has designed a product that can convert any existing
stationary battery-based UPS system (operating from 12V to 240V batteries) to
solar power. —
Application - A few technocrats with product development and research
experience formed the NyQuest Innovation Labs. A core team develops the
functional products for NyQuest. The team has a collective experience of more
than 60 years in designing and developing power electronic products with
digital controls for renewable energy applications. The mission of NyQuest is Incubated at
to empower individuals to go solar at the lowest possible cost to the customer
by converting at least 1 million Uninterrupted Power Supply (UPS) systems and
backup inverters to solar power over the next 6 years.
Value Proposition - NyQuest Innovation Labs provide the lowest cost of going
solar as they leverage the existing infrastructure like t h e uninterrupted power
supply system already available at the customer premises. IIMK LIVE, Kozhikode, Kerala
www.iimklive.org
Achievements [email protected]

• Received investments of Rs. 191 lakhs


End users - Consumer/Enterprise

16
FinAnce
&
educAtion technology
Startup Name

Agrim Housing Finance Pvt Ltd., Fort, Mumbai

Pocketly Infotech Pvt Ltd., Nagpur

Avileen Academic Services Pvt Ltd., Mumbai

Pillpouch Healthtech Pvt Ltd., Mangalore

FundEnable, Mumbai

MakerInMe Technologies, Bengaluru

K-NOMICS Techno Solutions Pvt Ltd., Bengaluru


Agrim Housing Finance Pvt Ltd., Fort, Mumbai
https://agrimhfc.com/

Product - AGRIM INSTA HOME LOANS App


Problem Addressed - Agrim Housing Finance Company (HFC) increases digital
origination by over 70% compared to traditional financial institutions. Powered by
supervised machine learning, artificial intelligence, and non-conventional data,
sanctions to the Economically Weaker Sections (EWS) and Lower Income Group (LIG) Founders - Dr Malcolm Athaide
segments are increased by 74% compared to the traditional financial institutions. Devesh Sharma

Product details Technology Readiness Level


(TRL) - 9
Description - With superior risk assessment, Agrim HFC provides principally
approved home loans in 10 minutes. Intellectual Property - Credit
profiling and scoring for 50 profiles
Application - Agrim Housing Finance Pvt Ltd. is India’s first digitally enabled housing and proprietary low code workflow
finance company catering to the homeownership needs of the self-employed and yet to be applied.
informal workers belonging to economically weaker sections (EWS) and lower income
group (LIG) households.
Value Proposition - Principally approved home loans in 10 minutes, providing dignity
to the people from EWS and LIG households that are self-employed or employed in

the informal sector.

Achievements
• Reach to over 1 million customers per month
• Presence in 4 states and 5 locations (Kalyan, Pune, Indore, Bengaluru, Coimbatore)
Incubated at
• Growth of over 10 times on loan book and operating income
• Received funding from NRI impact investors
End users - Economically
Weaker Section (EWS)
customers (41%), Lower Zone Startups India (BRTSIF),
Income Group (LIG) Mumbai
customers (37%), Middle india.zonestartups.com
[email protected]
Income Group (MIG)
customers: MIG 1 (17%),
MIG 2 (5%)

19
Pocketly Infotech Pvt Ltd., Nagpur
https://www.pocketly.in

Product - POCKETLY
Problem Addressed - The main aim of Pocketly is to make students financially
independent so that they can focus entirely on their education. When taking a loan
from any other traditional lending institution, the main problem that a student faces
is providing some collateral which is not the case with Pocketly as it does not demand Founders - Aarav Bhatia
any collateral. Navdeesh Ahuja

Product details Technology Readiness Level


(TRL) - 9
Description - Pocketly is a fintech startup focussing on the young generation. It
aims to build a smart, simple, and transparent platform to create a better financial
experience for every user.
Application - Many youth professionals may need cash for their daily needs or to
overcome the month-end financial crunch. Pocketly can be a handy companion in
dealing with such situations as it provides short-term personal loans. —
Value Proposition - The users have found the app to be very interactive because of its
clean and simple user interface. The registration process has also been kept relatively
simple.

Achievements Incubated at
• More than 7 lakh downloads
• National presence
• More than one lakh beneficiaries with Rs. 264 crores annualised lending RIIDL, Mumbai
• Received investment of Rs. 819 crore https://riidl.org
[email protected]
End users - Students

20
Avileen Academic Services Pvt Ltd., Mumbai
www.vidyalaya.org.in

Product – AAS VIDYALAYA, THE ANYTIME ANYWHERE SCHOOL


Problem Addressed – As per NEP, more than 6 crore students are not able to go to
school for various reasons. The average attendance in secondary grades is only 50%.
Only 30% of children go beyond Grade 10. AAS solves these problems.
Founders – Vikas Kakwani
Product details Leena Kakwani
Description – AAS is available as a web portal, android app, 24x7 channel on Jio TV, Technology Readiness
Jio STB app, and audio only on JioSaavn (for the visually impaired). Level (TRL) – 9
Application – AAS Vidyalaya – Anytime Anywhere School is the power in the hand
of every child to unlock their potential through holistic learning and guidance. AAS
(which means hope in Hindi), aimed at being India’s first virtual school, has a vision
of making every Indian 10th pass by bringing the school to those children who cannot
go to school for any reason whatsoever. —
Value Proposition – India’s first and only completely online school offering the exact
school curriculum of ALL Subjects to help bridge the schooling gap. The AAS also
includes 15 physical education cafes to bridge the non-availability of devices.

Achievements Incubated at
• Reached more than 5 lakhs students
• Domestic presence
• Growth is doubling every year
SP-TBI, Mumbai
• Funding from NIDHI-Seed Support System (NIDHI-SSS) www.sptbi.com
[email protected]
End users– Students of Grades 6-10 in Tier 2/3 towns and rural India (Bharat) who
learn in their vernacular languages.

21
Pillpouch Healthtech Pvt Ltd., Mangalore
www.microdegree.work

Product – MICRODEGREE
Problem Addressed – MicroDegree teaches on-demand industry skills in local
languages and empowers talent from smaller towns and villages with employment
outcomes.
Founders – Gaurav Kamath B
Product details Rakesh N K
Manikanta A Nair
Description – MicroDegree is a multilingual IT skilling platform for Bharat. At
MicroDegree, they teach on-demand IT skills in local languages/vernacular, Technology Readiness
empowering technological talent from smaller towns and villages to find employment Level (TRL) – 9
outcomes.
Application – Skills in local languages/vernacular empower technological talent
from smaller towns and villages to find employment outcomes.
Value Proposition – Teaching IT skill in the local language and creating mass —
employment through monthly virtual job fairs/placement drives.

Achievements
• More than 15000 users
• Currently present in Kannada/Karnataka market and aspiring to enter other Incubated at
markets such as Hindi, Marathi, Gujarati, Telugu, and Tamil
• Revenue growth of more than 15 times since investment by NIDHI - Seed Support
System (NIDHI-SSS)
RIIDL, Mumbai
• Raised funding from 100X.VC, a venture capital based out of Mumbai and from
https://riidl.org
Angel Investment [email protected]
• The team has grown from 3 to more
than 25

22
FundEnable, Mumbai
www.iavc.in

Product - FUNDENABLE
Problem Addressed - Nine out of ten entrepreneurs need funds but have no idea about
the fundraising process and become victims of brokers who charge exorbitant fees.
The media and Edtech platforms provide references of scaled start-ups from Silicon
Valley, but these examples are not relevant for an early-stage Indian start-up raising Founders - Vikrant Potnis
seed capital. Prutha Atre

Technology Readiness Level


Product details
(TRL) - 9
Description - A MOOC (Massive Open Online Learning) platform currently licensed
on Knorish Learning Management System with integrations such as RazorPay, PayPal,
Google Analytics, Pixel, Zapier, Freshdesk, Mailchimp, etc.
Application - FundEnable is a platform focused on upskilling entrepreneurs in the
process of fundraising. Through online courses, a suite of tools and templates, and —
e-mentoring, FundEnable helps entrepreneurs prepare for every step in the fundraising
process – from creating business plans, negotiating valuation, tackling due diligence,
and more. FundEnable offers 12+ courses and 20+ tools and templates designed by
investment bankers with decades of capital raising experience.
Incubated at
Value Proposition - It is the only blended platform that provides fundraising assistance
to early-stage start-ups. FundEnable offers online courses tailored to Indian start-ups
and venture capital landscape. It is affordable, accessible, and relevant to MSMEs pan-
India with zero-cost customer acquisition for advisory/investment banking services.

Achievements Zone Startups India (BRTSIF), Mumbai


india.zonestartups.com
• More than 1,700 subscribers and 35 Business-to-Business (B2B) incubators/
[email protected]
corporate clients with revenue generation of Rs. 30 lakh
• Subscribers from India, USA, UK, UAE, Singapore, and South Korea
• Subscriber growth of 44% quarterly and 7.4 times revenue from Advisory
Upsells
• External Investments of Rs. 70 lakh from BRTSIF and Rs. 10 lakh from Angels
End users - Entrepreneurs, MSME owners, senior management, fund managers,
Chartered Accountants, Angel investors, High Net-worth Individuals (HNIs).

23
MakerInMe Technologies, Bengaluru
www.cretile.com

Product - CRETILE
Problem Addressed - STEM education is accepted globally as a practical hands-on
methodology to prepare students for future skills. However, STEM education has
many barriers. Students need to learn too many complex technology details at the
beginning, which demotivates them. There is also a lack of STEM teachers who are Founders - Harish Rawlani
good at the technology aspects of STEM. Parag Gulhane

Product details Technology Readiness Level


(TRL) - 9
Description - Cretile is an easy-to-use modular electronics and software building block
for making STEM projects for K12 students. Intellectual Property- Patent
pending for connections between
Application - It allows students to start without any coding knowledge and gradually blocks
learn coding and the latest technologies in a highly engaging way.
Value Proposition - Cretile is the only kit in STEM education that provides a gradual
learning path to students. A detailed 5-year curriculum & content is available for STEM
education. There are very minimal consumable parts in the kit.

Achievements
• More than 150 Business-to-Business (B2B) customers
• Deployed in more than 700 Approaches to Learning (ATLs) and 500 Schools
• Presence in India and UAE Incubated at
• Growth of over at 2 times year-on-year
End users - K12 students are the end users of the solution. STEM education companies
and schools are customers.
DERBI Foundation, Bengaluru
https://derbifoundation.com
[email protected]

24
K-NOMICS Techno Solutions Pvt Ltd., Bengaluru
www.mintbook.com

Product - MINTBOOK
Problem Addressed - The suite of e-learning solutions addresses the issues of limited
access to libraries and books, decreased focus on vocational and employability skills
in conventional education, lack of structured self-learning process, lack of dynamic
education at the age of migrant students, and absence of quality curated materials. Founder- Kalaivani Chittaranjan

Product details Technology Readiness Level


(TRL) - 9
Description - The products are a teaching and learning platform with preloaded
educational content; a Digital Library; a learning platform (web and mobile); an MBOX Intellectual Property - 1 Patent
Internet of Things (IoT) device for offline access to contents; a self-regulated learning
platform for students with mapped and tagged content and study tools.
Application - Mintbook’s suite of e-learning solutions includes a robust Digital Library,
a highly scalable Learning Management Solution (LMS) system, virtual classroom
software, and online exam software. The digital content dissemination platform is —
powered by proprietary Digital Rights Management (DRM) and eReader/Player. A
pioneer in Digital Library and LMS in the country, Mintbook has set up more than 1200
Digital Libraries, catering to the needs of educational institutions, enterprises, smart
cities, and the Government. MBOX is a smart learning device designed by MintBook
to help young students understand complex topics. This pocket tool contains a digital Incubated at
library of eBooks, videos, and other multimedia relevant to different subjects and
interests.

Value Proposition
The product has preloaded Amrita TBI, Bengaluru
mapped content curated www.amritatbi.com
with experts, an integrated [email protected]
Learning Management
System, a proprietary Digital
Rights Management (DRM)
enabling content security,
performance analytics, and
an Internal Library to add
institutional content.
End users - Universities and
Educational Institutions,
Public Libraries, Public
Enterprises, Banks, Healthcare
Agencies, Students, etc.

25
healthcare
healthcare
&&
medical
medicaldevices
devices
Startup Name Startup Name

Briota Technologies Pvt Ltd., Pune VYAAN Purifiers Pvt Ltd., Noida
Zedblox Logitech Pvt Ltd., Hyderabad Remidio Innovative Solutions, Bengaluru
Agasta Software Pvt Ltd., Gautam Blackfrog Technologies Pvt Ltd., Manipal
Buddha Nagar
Evelabs Technologies Pvt Ltd., Kochi
Roundworks Technologies, Pune
Sascan Meditech Pvt Ltd., Trivandrum
5C Network, Bengaluru
Waferchips Techno Solutions Pvt Ltd., Kollam
Nanoclean Global, New Delhi
Pankhtech India, New Delhi
Clensta International, New Delhi Vendaxo; Dia Happy Health Pvt Ltd.,
Weinnovate Biosolutions Pvt Ltd., Pune Ahmedabad
Jajal Medical Services Pvt Ltd., Vadodara Alfaleus Technology Pvt Ltd., Bengaluru
Piltover Technologies, Bengaluru Waferchips Techno Solutions Pvt Ltd., Kollam
Briota Technologies Pvt Ltd., Pune
www.briota.co

Product - HAND-HELD DIGITAL SPIROMETER - SPIROPRO™


Problem Addressed - Chronic Obstructive Pulmonary Disease (COPD) is the second
major cause of deaths due to non-communicable diseases in India. COPD has an
enormous societal and economic burden on the health infrastructure. Early detection,
diagnosis, and intervention using Briota’s Artificial Intelligence (AI) first solution for Founders- Dr Gajanan Sakhare
COPD will help reduce this economic burden. Shardul Joshi

Product details Technology Readiness Level


(TRL) - 8
Description - Briota’s SpiroPRO uses AI and Machine Learning (ML) algorithm to
measure the lung parameters and prepare the report with predictions, which helps Intellectual Property - 1 patent
granted
experts diagnose the patient more efficiently and quickly.
Application - SpiroPRO™ uses the power of AI to conduct early and precise diagnosis
of COPD, Asthma, Long Covid, Interstitial Lung Disease (ILD), etc. Briota’s devices
are fully integrated with its mobile application SiA™ (Systematic Intervention Agent),
which helps in the optimal management of disease at home.

Value Proposition - Briota’s flagship product is India’s first hand-held digital
spirometer - SpiroPRO™, which uses the power of AI to diagnose early and precise
COPD, Asthma, Long Covid, ILD, etc.

Achievements Incubated at
• Grants received from Biotechnology Industry Research Assistance Council
(BIRAC), NIDHI4COVID, Derby, Acceleration Initiative for Devices and
Diagnostics-Research, and Innovative Circle of Hyderabad
(AID-RICH)
• Incubated at Atal Incubation Centre-Centre AIC-CCMB, Hyderabad
for Cellular and Molecular Biology (AIC https://aic.ccmb.res.in/
CCMB), Hyderabad [email protected]
• Part of Atal Innovation Mission-Program
for Researchers in Innovation, Market
Readiness, and Entrepreneurship (AIM-
PRIME)
• Recipient of Organisation of
Pharmaceutical Producers of India (OPPI)
Innovation award
• Part of the QUALCOMM Innovation Challenge
End users – Hospitals, Clinicians, Primary Health
Centres (PHCs)

29
Zedblox Logitech Pvt Ltd., Hyderabad
https://www.zedblox.com

Product - ACTIPOD
Problem Addressed - Cold chain failures in healthcare are more common than
expected since conventional passive containers have no monitoring or control. This
impacts product integrity leading to ineffective diagnosis and treatment.
Founders - Rao Korupolu
Product details Viraaj Somayajula

Description - ActiPod uses patented technology to provide active, adjustable Technology Readiness Level
temperature control from -10 to +25˚C along with Artificial Intelligence (AI)-powered (TRL) - 9
remote live Global Positioning System (GPS) and temperature monitoring and mobile
Intellectual Property – 1 Indian
alerts. patent granted
Application - ActiPod patented products from ZedBlox are crucial for creating
unbreakable cold chains in the healthcare domain to ensure thermal integrity of
pharmaceuticals, tissue samples, vaccines, reagents, blood products, etc., and to
maintain the delivery of effective diagnoses and treatments to patients.
Value Proposition - Zero product wastage; Zero cold chain infrastructure required; —
Live GPS, temperature, and device monitoring with AI/Machine Learning (ML)
based analytics and mobile alerts; ISO 13485 certified

Achievements
• Launched in India and scheduled international Incubated at
launch in 18 months
• Generated revenue of Rs. 25 lakh on 60 lakh
orders
• Received investment of Rs. 95 lakh and further
commitment of Rs. 1.25 crore AIC-CCMB, Hyderabad
https://aic.ccmb.res.in/
End users - Blossom Hospitals provided rural [email protected]
diagnostics, Aresta Medical Centre provided
vaccination clinics, CCMB-Lacones provided the
research into the conservation of endangered species, and IMS provided cold chain
delivery services.

30
Agasta Software Pvt Ltd., Gautam Buddha Nagar
www.agatsa.com

Product - SANKETLIFE
Problem Addressed - 12 LEAD Electrocardiogram (ECG) is limited to hospitals and
laboratories. They are not even available in the physician’s office. The ECG machines
are costly and require one dedicated person to operate, which adds additional costs.
Regular EGC machines do not provide ECG interpretation and need a cardiologist to Founders- Rahul Rastogi
be present at the site. Neha Rastogi

Product details Technology Readiness Level


(TRL) - 9
Description - Devices use Photoplethysmography (PPG), a non-invasive technology
that uses a light source and a photodetector at the surface of the skin to measure the Intellectual Property - 4 patents
volumetric variations of blood circulation. PPG Waveforms can analyse and predict
hemodynamics and link them to BP.
Application - SanketLife is an integrated platform with Doctor Platform collaboration
which consists of devices, mobile applications, cloud and Artificial Intelligence (AI),
and SDK for applications. The devices also create a report and share it with healthcare —
providers through Sanketlife App and Cloud.
Value Proposition - SanketLife devices are only 12 LEAD ECG devices in the world
that are so small that they fit in a pocket and complete an entire medical-grade ECG
with the touch of fingers. Incubated at
Achievements
• SanketLife 2.0- 12 Lead ECG for iPhone/Android
• SanketLife Multi-Vital – Heart, Blood Pressure (BP), Lung,
and Temperature All in One Amrita TBI
www.amritatbi.com
• SanketLife Pro Plus- 12 LEAD ECG and Stress monitor
[email protected]
• Agatsa Oxygen Concentrator
End users - Hospitals, Clinics, Doctor’s offices, Community
Health Centers, Patients who need continuous cardiac
monitoring, Remote Heart Monitoring, Health Kiosks,
Geriatric Care Units

31
Roundworks Technologies, Pune
www.alveo.fit/

Product - ALVEO FIT


Problem Addressed - In India, approximately 91 million people are affected due to
Asthma, Chronic Obstructive Pulmonary Disease (COPD), low lung function, and
lack of affordable care. Therefore, respiratory illnesses like COPD, Asthma, Interstitial
Lung Disease (ILD), Pulmonary Fibrosis, post-Tuberculosis (TB) rehab, and post- Founders - Dr Prashant Patel
Covid-19 rehab disproportionately affect people, especially low-income populations, Devendra Prasad
due to a lack of access to affordable healthcare services and out of pocket nature of
expenses. Technology Readiness Level
(TRL) - 9
Product details Intellectual Property - Device
Description - Roundworks is developing an ecosystem to provide comprehensive patent published, Design patent
granted
health care to patients diagnosed with Asthma, COPD, and other respiratory illness.
The digital integrated Respiratory Healthcare platform, along with the spirometer,
manages and monitors the users’ lung conditions in real-time, enabling access to
doctors for consultations.
Application - Roundworks provides end-to-end solutions for holistic respiratory —
care with clinical grade, affordable, hand-held spirometers. Alveofit is an end-to-end,
clinical grade, holistic ecosystem for affordable and accessible respiratory care for the
very first time globally.
Value Proposition - An affordable, accessible, and clinical grade platform to
democratise the end-to-end holistic respiratory care for the first time to manage the Incubated at
lung health of the people and help them live a symptom-
free life.

Achievements
• 50+ devices LIVE in multiple government hospitals, Forge (Coimbatore Innovation and
private hospitals and clinics, pharma companies, and Business Incubator), Coimbatore
https://www.forgeforward.in/
labs
[email protected]
• US FDA filing in progress for international expansion
• Around 5000+ tests were conducted in the last 6-8
months at the grass-root level
End users - Pharma companies, ESI Hospitals, Military
hospitals, Medical Colleges, Labs, and Private Clinics
across Tamil Nadu, Uttar Pradesh, Delhi, Gujarat, and
Maharashtra

32
5C Network, Bengaluru
https://5cnetwork.com/

Product - 5C NETWORK
Problem Addressed - Technology to scale the radiology and quicker diagnosis does
not exist, creating a bottleneck and delay in critical patient care along with hassles for
diagnosis.
Founder - Kalyan S
Product details
Technology Readiness Level
Description - An IT platform that creates a network of radiologists who can refer to (TRL) - 9
patient cases remotely using embedded Artificial Intelligence (AI) tools and complete
diagnosis and reporting in record turnaround time.
Application - A teleradiology platform that helps stakeholders such as imaging centres,
hospitals, radiologists, and patients to get a quicker diagnosis and timely reports for
prognosis —
Value Proposition - 5C is one of the country’s largest teleradiology service provider
and boasts of one of the fastest diagnoses for patients.

Achievements
• Domestic presence Incubated at
• Has grown from 5000 cases per month to 160000 cases per month in 5 years
• Raised funding of more than Rs. 17 crores from Axilor, Unitus, and Tata 1mg
• Generated revenue of Rs. 35 crores in FY22
End users - Diagnostic Centres, Hospitals CIIE.CO, Ahmedabad, Gujarat
https://ciie.co/
[email protected]

33
Nanoclean Global, New Delhi
https://nanoclean.store/

Product – NANOTECHNOLOGY-BASED NASAL FILTERS


Problem Addressed - Development of preventive measures for polluted air and products for
air filtration.

Product details Founder - Prateek Sharma

Description - A national award-winning product, Nasofilters, is a respiratory nasal filter that Technology Readiness Level
sticks to your nose and prevents the entry of harmful air pollutants (PM2.5). Nasofilters are (TRL) - 9
easy to use and have been globally recognised as a powerful solution to pollution.
Intellectual Property- Patented
Application - Nanoclean Global Pvt Ltd. is a manufacturer of a wide spectrum of Nasofilters, technology for filters based on
Safety masks, Nanoclean AC filters, etc. The nano-filter technology has engineered a solution nanotechnology
to the ever-increasing pollution levels. The company focussed on high-end research at an
extensive level with their highly qualified team and aimed to pair the developed technology
with the manufacturing processes to deliver tailor-made solutions at every level.
Value Proposition- Nano technology-based filters to prevent the entry of harmful particles.

Achievements —
• More than 1.5 lakh customers have been served
• Generated revenue of Rs. 15 crores
• Received funding of Rs. 7 crores
End users– Direct-to-Consumer (D2C) Market Incubated at

FITT-IIT Delhi
https://fitt-iitd.in/
[email protected]

34
Clensta International, New Delhi
https://clensta.com/

Product - WATERLESS BATHING SOLUTION


Problem Addressed - Inaccessibility of personal hygiene in the absence of water
for the various segment of personals such as patients and defence personals, and
Tier 2, Tier 3 regions. It is also the 1st ever complete solution for post-operative care.
Founder - Puneet Gupta
Product details
Technology Readiness Level
Description - The products are waterless and provide Prolonged Antiviral (TRL) - 9
Protection (PAP) by forming a protective layer around the skin to protect it for up
to 12 hours. Intellectual Property - More than 6
patented technologies filed, 2 PCTs
Application - Clensta is a biotechnological brand that lays roots in pioneering (Patent Cooperation Treaty) filed,
the innovation of ‘Waterless Technology’. Their products come with the USP that and 5 technologies commercialised.
alcohol-free waterless technology can be used to maintain personal hygiene without
needing water. The products have found an excellent use for the Indian Navy and
Army with no availability of usable water. It can be used by hospitalized patients
who cannot take a bath with water and can be given a waterless bath on their beds.
The products have also found customers in travelers and adventure enthusiasts.
Value Proposition - Waterless personal hygiene solutions —

Achievements
• 800 million litres of water saved
• Generated revenue of Rs. 45 crores
Incubated at
• Received funding of Rs. 30 crores
End users - Patients, Defence Personals, D2C market,
Mode Trade, Pharmacies

FITT-IIT Delhi
https://fitt-iitd.in/
[email protected]

35
Weinnovate Biosolutions Pvt Ltd., Pune
www.wibpl.com

Product – SILVOGUARD
Problem Addressed - Hospital-acquired infections affect 15 million people worldwide
and cause ~6% of hospital deaths. Hospital-acquired infections cause fatality and
increase healthcare expenditures.
Founders - Dr Milind Choudhari
Product details Dr Anupama Engineer
Dr Prasad Bhagat
Description - SilvoGuard antimicrobial foley catheter is impregnated with patented
NanoAgCide - active silver nanoparticles. SilvoGuard prevents 87% of hospital- Technology Readiness Level
acquired infections, saving lives and costs across the healthcare chain. (TRL) - 9

Application - India’s first antimicrobial urinary foley catheter, used for darning urine Intellectual Property - Indian patent
from patients in critical care, surgery, or having urinary incontinence. SilvoGuard received
saves 89% of catheter-associated infections and aims to reduce overall hospital-
acquired infections by launching more antimicrobial products.
Value Proposition - Completely antimicrobial; 1/3 of the cost of imported products;
Completely made in India

Achievements —
• Reached up to 30000 patients
• Presence in 6 states in India and Nepal
• Incremental growth
• Raised funding of Rs. 3.5 crores from Chiratae Ventures Incubated at
End users – Hospitals, Home care, Rehabilitation centres

Venture Center, Pune


www.venturecenter.co.in
[email protected]

36
Jajal Medical Services Pvt Ltd., Vadodara
https://jajalmedical.com/

Product - JAJAL MEDICAL


Problem addressed - Traditionally, surgeons use CT scans to calculate the actual
damage and try to figure out ways to fix it. CT scans are 2D models that do not really
help, and sometimes, implants created based on the same do not fit, causing doctors to
abort the surgery mid-way and close the wound. Founders - Ketan Jajal
Ravikant Kamal
Product details
Technology Readiness Level
Description - They support surgeons and medical device companies with their diverse (TRL) – 9
services by providing better 3D visualization of patients’ anatomy, preparing virtual
surgical plans, designing and manufacturing customized patient-specific orthopedics
3D printed models, surgical guides, and custom implants.
Application - 3D printed customized metal implant made of Titanium with a unique
porous structure and hydroxyapatite (HA) coating for better osteointegration of the —
implant with the bone.
Value Proposition - Indigenous, customized fit, and clinically proven porous coated
implants. Only company to offer a combination of HA Coating and porous Titanium
with clinically validated bone ingrowth.
Incubated at
Achievements
• Got featured in NITI AAYOG
healthcare coffee table book GUSEC, Ahmedabad, Gujarat
• Raised funding of Rs. 50 lakh from www.gusec.edu.in
Angel Investors, Rs. 4.3 crores from [email protected]
VC Angels, and Rs. 3 lakh from SAP
ARIBA
End users – Hospitals, Surgeons

37
Piltover Technologies, Bengaluru
www.piltovertechnologies.com

Product - IDA M-SERIES I


Problem addressed - The technology gap between urban and rural realms is
widening. This technological divide between the products in the urban and rural
domains is concerning in the disability space. The company is on a mission to build
inclusive technology products for the differently abled, starting with a low-cost high- Founder - Manan Issar
utility prosthetic hand for the differently abled at the bottom of the pyramid.
Technology Readiness Level
Product details (TRL) - 9

Description - Users can close the palm of the prosthetic hand to pick up an object by
the turn of a knob. This way, the user does not have to exert additional force or keep
their muscles flexed to continue holding an object. The product also entails features
such as 180-degree wrist rotation and 90-degree thumb rotation, allowing the users
to perform various tasks. —

Application - IDA is the world’s most functional mechanical prosthetic hand, capable
of performing at least a fifth of what a Bionic hand can do at less than 1 percent of the
cost. IDA carries a proprietary knob-based self-locking mechanism, and several other
features, that eliminate the need to apply any physical force when the user is picking Incubated at
up various objects.

Achievements
• Represented India in Jerusalem, Israel, for StartJLM and in Paris, France, for
Vivatech, 2022 IIM Udaipur Incubation Centre,
Udaipur, Rajasthan
• Raised investment from ThinQbate (Mumbai) and Hatcher+ https://iimuic.org/
(Singapore) [email protected]
• Currently valued at Rs. 10 crores
End users -
Amputation: Below
the elbow; Gender:
Male and Female;
Age Group: Adults
(18+); Financial
Status: Low Income
Class

38
VYAAN Purifiers Pvt Ltd., Noida
https://vyaanpurifiers.com

Product - VYAAN HEPA REUSABLE RESPIRATOR AND VYAAN SMART


MASK
Problem addressed - Effective everyday use of personal and digital respiratory
healthcare solutions for complete safety, preventive diagnosis, real-time breath
analysis, and anomaly detection using advanced Machine Learning (ML) models. Founders - Jathin Jagannath
Providing indigenous manufacturing process for highly cost-effective healthcare Vijay Singh
products Bharath Yadav

Product details Technology Readiness Level


(TRL) - 9
Description - The product provides complete safety from air-borne pollutants,
Air Quality Index (AQI) based safety alerts, and predictive analysis of respiratory Intellectual Property - Received
attacks based on personalized health sensing. It also provides a breathing pattern
analysis for preventive diagnosis and vital physiological parameter estimation
(PEFR, FEV1).
Application - Synthetic High-Efficiency Particulate Air (HEPA)-based filter media

and Unique Type face seal for complete safety from air-borne pollutants. It also has
a Unique Sensor integrated into the mask to capture breathing patterns and detect
anomalies like coughing or wheezing while breathing.

Achievements
• 7000 units sold Incubated at
• Serving pan India through online channels
• CAGR of 15%
End users - Covid frontline
workers, Covid, Asthma,
and Chronic Obstructive
Pulmonary Disease (COPD) TIDES IITR, Roorkee, Uttarakhand
patients, Industrial Workers http://tides.iitr.ac.in/
[email protected]

39
Remidio Innovative Solutions, Bengaluru
https://www.remidio.com/

Product - Hand Held Fundus Camera | FOP NM-10


Problem addressed - Preventing needless blindness with early detection.

Product details
Description - The technology used in the device is annular illumination in a hand- Founder - Dr Anand Sivaraman
held device to get high-quality retina images, which can be used to screen for various Technology Readiness Level
conditions of the retina. Remidio has an Artificial Intelligence (AI) algorithm to check (TRL) - 9
the presence of diabetic retinopathy and Glaucoma by measuring the cup and disc
ratio. Intellectual Property - Received

Application - Hand Held Fundus Camera - FOP NM-10 is intended for capturing and
storing images of the retina and surrounding area of the eye, with or without using a
mydriatic agent, and presenting the data to clinicians for evaluation or diagnosis. A
high-resolution camera-enabled mobile platform is used to digitally capture images
of the retina. This mobile platform, i.e., a smartphone, is loaded with application —
software, which enables the user to view, save, archive, edit, and retrieve captured
images. Light from the device is shown into the patient eye, and the camera of a
smartphone is used to capture images of the eye.
Value Proposition - High-quality imaging, Portable, Ease-of-use, Offline, AI,
Incubated at
Unlimited cloud storage with the patient management system.

Achievements
• 3000 units installed in India, 600 in the US, and 100 in ROW
• Presence in 25 countries IKP Knowledge Park, Hyderabad
• Current growth is at 118%, http://ikpknowledgepark.com
[email protected]
while from FY-22 to FY-
23 anticipated growth
projection is ~ 58%
• Received investment of
Rs. ~31 crores
End users - Ophthalmologists,
Optometrists, General
physicians, Diabetologists,
Diagnostic clinics

40
Blackfrog Technologies Pvt Ltd.
Manipal www.blackfrog.in

Product - EMVOLIO
Problem addressed - Iceboxes, the predominant mode of vaccine transportation during
the last mile, have no temperature control and regulation no mechanism. This causes a risk
of accidental freezing and/or thawing of temperature-sensitive vaccines rendering them
inefficacious. The lack of reliable temperature monitoring capabilities in iceboxes makes it Founders - Mayur U Shetty
challenging to determine the efficacy of the vaccines in advance. Therefore, a proportion Donson D Souza
of the population may receive inefficacious vaccines, significantly impeding immunization
efforts. Technology Readiness Level
(TRL) - 9
Product details
Intellectual Property - Patented 3
Description - Emvólio’s patented technology ensures that all contents in the cold chamber technologies in India, pursuing PCT
are blanketed in strictly temperature-controlled air. The underlying refrigeration applications, 1 design patent,
mechanism is solid-state cooling with a smart PID (Proportional Integral Derivate) 1 technology patent, and 1 trademark
controller, which guarantees precise temperature maintenance without the risk of noxious
refrigerant leakage or cross-contamination. The lack of motors/compressors or any moving
parts enables low-maintenance operation. The unique design of Emvólio promises uniform
cooling (no hotspots/cold spots within the cold chamber) and minimal freeze-thaw cycles
(every time a user opens the lid to retrieve a vial and subjects the cold chamber to ambient

air, the rapid cooling system onboard Emvólio brings the cold-chamber back to safe limits,
i.e., 2-8 ºC, over 96% faster than an ice-based product).
Application - Emvolio is a portable active cooling (battery-powered) device that will
provide a platform for the delivery of vaccines and all other biologicals like blood, serums,
viral culture, etc., which require to be kept strictly between 2 ºC to 8 ºC for 12+ hours in the
Incubated at
field. The product has been designed in accordance with WHO PQS E003 specifications and
conforms to IEC 60601 standards.
Value Proposition - Administering efficacious vaccines and minimizing vaccine wastage
Manipal Universal Technology Business
Achievements Incubator, Manipal, Karnataka
• Currently in 12 states of India www.mutbimanipal.org
[email protected]
• Deployed 350+ units in India and the Middle East
• Launched in 2015, the company is now a team of 50+ employees
• Generated revenue of Rs. 2.6 crores in FY2021 and forcasted revenue of Rs. 21 crores
in FY22
• Received funds of Rs. 2.4 crores
• Business target- Business-to-Business (B2B) and Business-to-Government (B2G)
• Raised funding of USD 1.5 million through CCAMP, Social Alpha, Venture Centre,
and Manipal Group
End users - Healthcare workers (ASHAs/ANMs/Nurses/Cold Chain Technicians/Vaccine
Cold Chain Managers), Laboratory personnel. Customers: NGOs, State Governments, CSR
donors, private and government hospitals/labs, and research institutions.

41
Evelabs Technologies Pvt Ltd., Kochi
www.evelabs.co

Product - DRIPO
Problem addressed - Infusion-related errors account for a large number of
adverse events. Inpatient preventable medication errors cost approximately USD
16.4 billion annually. A systematic international review estimated that most errors
occur in administration steps. Dripo can help to reduce or eliminate administration Founders - Vishnu M.S.
errors in IV (intravenous) effectively. Sanjai Rajendran

Product details Technology Readiness Level


(TRL) - 9
Description - Dripo counts the drops, calculates real-time drop rate, and sends
data to central software installed at the nursing station, where rate changes and Intellectual Property - Indian patent
granted and filed for USPTO and EU
completion of every source will be alerted. The hub also provides a smart infusion
patent
chart, which will show the status of every ongoing and upcoming infusion and the
patient history.
Application - Dripo is a wireless drop counter monitor clamped to the IV set
that helps a health practitioner to set infusion rates accurately and monitor them
remotely. It sends information and alerts on the drip status to the nursing station —
enabling nurses to monitor IV drips, maintaining safety and efficacy.
Value Proposition - Improved and efficient nursing practices by reducing or
eliminating administration errors in IV drips.

Achievements Incubated at
• 20 Customers; AIMS Raipur, Apollo, Adarsh Hospital, Travancore Medicity
• Generated revenue of Rs. 28 lakh
• Received investment
of Rs. 1.2 crores
SCTIMST TIMed, Kerala
End users - Hospitals, https://www.timed.org.in
Nursing Homes, Clinics [email protected]

42
Sascan Meditech Pvt Ltd., Trivandrum
www.sascan.in

Product - ORALSCAN
Problem addressed - In India, 136,000 cases of oral cancer were detected in 2018, which
is 1/5th of the global burden. The mortality rate for oral cancer in India is more than
50%, owing to its late detection stages. Early detection of cancer can save millions of
lives. Founder- Dr Subhash Narayanan

Product details Technology Readiness Level


(TRL) - 9
Description - OralScan uses multispectral imaging technology to screen oral cancer
from tissue fluorescence and diffuse reflectance using a cloud-based Machine Learning Intellectual Property – Indian patent
(ML) algorithm. was awarded in 2018, and US and EU
patents filed in 2018 and 2019
Application - A hand-held multispectral imaging camera for screening and early
detection of oral cancers and biopsy guidance.
Value Proposition - First time in the world that a multispectral imaging camera has
been integrated into a hand-held imaging device for cancer detection. It uses a cloud-
based ML algorithm for real-time user feedback on tissue status. —

Achievements
• Next product, CerviScan for cervical cancer screening to enter the market in 2023
• Winner of National Startup India Award, 2021, Pharma & Medical Devices Grand
Challenge, 2021, and Anjani Mashelkar Inclusive Innovation Award, 2021 Incubated at
• National reach - HCG Bangalore, RCC Thiruvananthapuram, RST Cancer Hospital
Nagpur, India Relief Foundation Mumbai, Ekhom Foundation New Delhi, IGIDS
Kothamangalam Kerala, Institute of Dental Sciences Belgaum, etc.
• Generated revenue of Rs. 1.05 crores in FY21-22
SCTIMST TIMed, Kerala
End users - Cancer patients, susceptible https://www.timed.org.in
cancer patients, or as part of screening [email protected]
people

43
Waferchips Techno Solutions Pvt Ltd., Kollam
https://mybiocalculus.com/

Product - WITALS24: CARDIAC REHABILITATION ECOSYSTEM


Problem addressed - Reduce the mortality rate and secondary stroke prevention
for patients who have undergone cardiac surgical procedures.

Product details Founders - Sonia Mohandas


Archu S Vijay
Description - Wireless multi-wearable medical devices supported by Artificial
Intelligence (AI). Technology Readiness Level
(TRL) - 9
Application - The WiTALS 24 is a cardiac rehabilitation ecosystem for the
smooth recovery of post-operative cardiac patients, which collects and analyses
physiological data and provides real-time notification to healthcare professionals.
Value Proposition - India’s first affordable and clinically accurate cardiac
supervised rehabilitation platform for multiple phases of the recovery process. —
Achievements
• Domestic presence in Kerala, Tamil Nādu, and Telangana
• Served around 4000+ patients
• Investments from AIC CCMB, DST, and KickStartup Incubated at
End users - Stroke patients and post-operative cardiac patients

SCTIMST TIMed, Kerala


https://www.timed.org.in
[email protected]

44
Pankhtech India, New Delhi
https://www.neuphony.com

Product - NEUPHONY
Problem addressed – People are constantly comparing themselves or competing
against 8 billion people in every facet of our lives. This is why they are becoming
increasingly stressed, and nothing seems to be enough. This constant stress and self-
doubt is the reason for the rise in burn-outs, insomnia, etc. Founders - Ria Rustagi
Bhavya Madan
Product details
Technology Readiness Level
Description - Neuphony works on the unlimited potential of the human mind and (TRL) - 8
aims to unlock it. Neurofeedback has been scientifically proven to be a powerful tool
to improve the brain’s overall health, including improving memory, sleep quality, Intellectual Property – Design
and reducing stress and anxiety. Neuphony brings the benefits of neurofeedback registration is done, and method
payment under filing
to the comfort of people’s homes with the help of an Electroencephalogram (EEG)
headband and a mobile application. The headband measures the brain’s electrical
activity, and based on the sensor data, the mobile app recommends meditation
techniques to achieve the desired state. Over multiple sessions, it trains the brain on
how to achieve the desired state itself.

Value Proposition - The product has 8 uniquely placed EEG Sensors covering  3
lobes, whereas the devices of the competitors focus only on the prefrontal cortex. In
addition, the software has an algorithm for artifact (noise) rejection and a Machine
Learning (ML) model to recommend customised meditation techniques to users.

Achievements Incubated at
• Working with industry leaders in
mental health and meditation
• Presence in 6 countries
• Growth of 30% each month
• External investments of Rs. 2 crores CIIE Regional Innovation Foundation
in seed round https://www.startupoasis.in/
[email protected]

45
Vendaxo (Venture Studio);
Dia Happy Health Pvt Ltd., Ahmedabad
www.ador.health

Product - DIA HAPPY PVT LTD.


Problem addressed - People who have diabetes or are on a diet miss their favorite
food or have food cravings. ADOR health works on providing a low carbohydrate
lifestyle while retaining the flavor and nutrition of food. They endeavor to deliver
clinically validated foods suited for Indian taste. Founder - Anurag Mishra

Product details
Description - ADOR Health works successfully with the help of talented doctors,
skilled chefs, certified dieticians, passionate entrepreneurs, and expert food
technologies. —
Application - Dia happy Health is building a Clinically Validated ecosystem to put
Diabetes Type 2 in remission and reverse obesity. Their solution consists of a novel
clinically validated diet plan and a supporting comprehensive technology solution
providing a 360-degree health solution for obesity and diabetes.
Incubated at
Value Proposition- Reverse diabetes with lifestyle interventions

Achievements
• National and international presence VentureStudio, Ahmedabad,
Gujarat
• Received Angel funding
www.venturestudio.in
• Generated revenue of Rs. 1 crore [email protected]

End users - More than 800 customers

46
Alfaleus Technology Pvt Ltd., Bengaluru
https://alfaleus.in/

Product - INTELLIGENT VISION ANALYSER (IVA)


Problem addressed – Timely diagnosis of Glaucoma

Product details
Founder - Sandal Kotawala
Description - 90% of Glaucoma goes undiagnosed until severe loss of eyesight
in developing nations. State-of-the-art devices include OCT-Optical Coherence Technology Readiness Level
Tomography, Fundus Photography, Visual Field Perimetry, Tonometry, or Intra- (TRL) - 8
ocular pressure measurement. However, these devices are big, bulky, fragile,
difficult to operate, and expensive. They are available only in tertiary care centres. Intellectual Property - Patent filed

Application – Alfaleus Technology Pvt Ltd. has developed the Intelligent Vision
Analyser (iVA), an eye-testing device for virtual reality (VR) headsets. The
company intends to make eye testing more accessible and democratised. Their
primary product is visual field testing on a VR headset, a critical test for Glaucoma.
In addition, this device also offers tests for visual equity, colour blindness, eye —
mobility, and so on.
Value Proposition - Alfaleus has developed a product called Intelligent Vision
Analyser (iVA). This is a VR headset to evaluate a person’s visual fields, which
can further be used in the diagnosis and monitoring of Glaucoma. This device uses
Incubated at
local normative data suitable for the Indian population and is 10 times cheaper
and 100 times more portable than standard equipment and thus, value for money.
Intelligent Vision Analyser (iVA) has been
clinically tested and validated for over
VIT TBI, Vellore, Tamil Nadu,
1000 patients in a clinical setting. Over www.vittbi.com
the last 3 years, two versions of the device [email protected]
have been developed and validated in
association with Aravind Eye Hospital,
India, and John Hopkins, Baltimore, USA.

Achievements
• More than 60 devices sold
• Domestic presence and planning on
global expansion
End users - Ophthalmologists (for diagnosis and monitoring progression),
Optometrists, Neurologists/Neuro-ophthalmologists, and anyone who requires
Glaucoma testing

47
Waferchips Techno Solutions Pvt Ltd., Kollam
https://mybiocalculus.com/

Product - BIOCALCULUS: An ambulatory cardiac monitor


Problem addressed – Patients with asymptomatic symptoms like syncope,
palpitations, dizziness, etc., may be affected by cardiac rhythm abnormalities.
Currently available products in the market miss about 70.3% of Arrhythmias.
Founders - Sonia Mohandas
Product details Archu S Vijay

Description - Wireless wearable medical devices supported by Artificial Intelligence Technology Readiness Level
(AI) and cardiology-certified reports. (TRL) - 9

Value Proposition - India’s first personal external loop recorder for easily Atrial
Fibrillation and Ventricular Tachycardia findings.

Achievements
• Domestic presence in Kerala, Tamil Nādu, and Telangana —
• Served around 4000+ patients
• External investments from AIC CCMB, DST, KickStartup
End users - Suspected arrhythmia patient and stroke evaluation
Incubated at

SCTIMST TIMed, Kerala


https://www.timed.org.in
[email protected]

48
inFormAtion
technology
Startup Name

Transerve Technologies Pvt Ltd., Goa


Protinus Fashion Networking Pvt Ltd., Bengaluru
Kaahlian Technology Pvt Ltd., Mumbai
Utvyakta Solutions, Coimbatore
Pixuate, Bengaluru
The star in me, Hyderabad
SCERMLIND Healthcare Innovations Pvt Ltd., Chennai
Truckhall Pvt Ltd., Kolkata
My3DMeta Pvt Ltd., Bengaluru
Antrepriz Solutions Pvt Ltd., Madhya Pradesh
Blinkin Technologies Pvt Ltd., Bengaluru
Elementik Technologies Pvt Ltd., Pune
Sustainable Reference Analytics Pvt Ltd. (SustLabs), Mumbai
Transerve Technologies Pvt Ltd., Goa
www.transerve.com

Product - TRANSERVE ONLINE STACK


Problem Addressed - Transerve Online Stack helps solve complex problems related to
urban setups, such as inventorying urban assets, revenue enhancement, land records
modernization, etc. It facilitates an increase in municipal revenue and improves civic
service delivery by helping urban local bodies maintain an accurate database of Founders - Amarsh Chaturvedi
properties on a spatial platform. Ashwanii Rawat

Product details Technology Readiness Level


(TRL) - 9
Description – Transerve’s online stack helps its clients to combine their data with
Transerve’s proprietary geo-enriched data and powerful Artificial Intelligence (AI)- Intellectual Property - Patent in
driven algorithms to gain business insights for their organisation. India

Application - Transerve is an award-winning startup that offers geospatial analysis


through its platform ‘Transerve Online Stack’ to visualise and process the data for
insights. Transerve Online Stack Platform is available for individuals and enterprises
to share spatial data and map visualisation with their team and the public through Map

Application Program Interface (APIs).
Value Proposition - A unified location intelligence platform with proprietary geo-
enriched data and powerful AI-driven algorithms.

Achievements Incubated at
• Transerve currently has offices in 3 locations in India
• Transerve has grown rapidly and has generated 120+ job opportunities
• Generated revenue of Rs. 40 crores to date
• Raised an external investment of Rs. 10.45 crores to date Centre for Incubation and Business
Acceleration, Goa
End users - Banking, NBFCs, Real Estate, Retail Clients. It has 50+ customers, including www.ciba.org.in
PwC, EY, SAIL, etc. [email protected]

51
Protinus Fashion Networking Pvt Ltd.,
Bengaluru www.6degree.co

Product - HONEYCOMB
Problem Addressed - 6Degree provides retail management services to designers and
fashion brands through its SaaS platform ‘Honeycomb’.

Product details Founders - Nikhil Hegde


Amit Bhardwaj
Description - The platform ‘Honeycomb’ allows customers to retail online as well as
through multi-brand stores across the country. It generates intelligent insights that Technology Readiness Level
enable brands to make informed decisions on production and distribution based on (TRL) - 9
consumer behaviour.
Application - 6Degree is an award-winning startup that provides an end-to-end
E-commerce Growth Enablement Platform called ‘Honeycomb’ for lifestyle retail brands.
The platform allows brands to build, operate, and manage their E-commerce website,
along with a centralized inventory and order management across all digital points of —
sales.
Value Proposition - The product is elastic and scalable based on real-time demand
and provides on the fly integration across 3rd party marketplaces, warehouses, and
retail stores.
Incubated at
Achievements
• 6Degree currently has its base in India
• It has grown rapidly and has generated more than 130 job opportunities
Centre for Incubation and Business
• Has generated a revenue of Rs. 58 crores to date
Acceleration, Mumbai
• Has raised an external investment of Rs. 24 crores to date www.ciba.org.in
[email protected]
End users - Lifestyle Retail brands of India (60+ customers including Ethnicity,
Madame, Spykar, Underjeans, etc.)

52
Kaahlian Technology Pvt Ltd., Mumbai
www.rozgarkhoj.com

Product - ROZGARKHOJ
Problem Addressed - Blue-collar job seekers do not know how to make their CVs
and lack technical capabilities. Rozgarkhoj helps blue-collar job seekers create digital
profiles and connect directly with employers.
Founders - Rajani Kant
Product details Manorma Kumari

Description - Rozgarkhoj.com is an integrated web and mobile-based digital Technology Readiness Level
marketplace for entry-level and blue-collar job seekers. (TRL) - 9

Application - Rozgarkhoj helps blue-collar job seekers connect to the relevant job Intellectual Property - Applied for
opportunities spread across their choice of skill and locations. trademark

Value Proposition - Organised data of Blue-Collar job seekers; Technology-enabled


matchmaking between job provider and job seeker with minimal data points.

Achievements
• Registered job seeker base of more than 3 million people —
• Onboarded more than 10,000 Job providers
• Provided jobs to over 21000 Blue-collar workers
End users - Blue-collar job seekers, job providers
Incubated at

Centre for Incubation and Business


Acceleration, Mumbai
https://cibamumbai.org.in/
[email protected]

53
Utvyakta Solutions, Coimbatore
https://utvyakta.com/

Product - KOMPRESS.ai
Problem Addressed - Very few system integrators in the space have focussed on
this industry. Compressor Original Equipment Manufacturer (OEM) do not offer a
complete solution, and mid-sized Compressors OEMs do not have the know-how
to build on their own. Further, they lack real-time information for maintenance Founder - Akshay Ramachandran
providers.
Technology Readiness Level
Product details (TRL) - 9

Description - Seamlessly factory fits or retrofits to any air compressor, regardless of Intellectual Property - Over 80%
age, provides 24×7 predictive maintenance, and reduces associated energy costs by market share of key compressor
OEMs in India; Aligned to UN SDG
a minimum of 15%. Goal of Industries, Innovation, and
Application - Enabling intelligence for air compressors and Real-time analytics for Infrastructure
efficient performance
Value Proposition - Kompress.ai is offered as a white labelled solution to mid-sized
OEMs, so they can market their solution and retrofit existing installations for large
OEMs as their solution is only for new machines.

Achievements
• Finalists for the RTX Innovation Challenge in Computer Vision
• Received grant from India-Sweden  Collaborative Industrial Research &
Development Programme Incubated at
• Presence in Coimbatore, Bangalore, and Stockholm
• Raised external funding of USD 250,000
End users - Compressor distributors and
CIET-TBI, Coimbatore
OEMs in Asia, Europe, USA www.thecultiv8.com
[email protected]

54
Pixuate, Bengaluru
https://pixuate.com/

Product – PIXUATE-COCOSLABS SERVICE PLATFORM


Problem Addressed - No intelligent platform to help existing video capturing
infrastructure monitor, track, and detect efficiently.

Product details Founders - Akshata Kari


Prathvi Palekar
Description - CCTV agnostic software that can be integrated with ease for multiple use
cases in surveillance, monitoring, and tracking by enterprises. Technology Readiness Level
(TRL) - 9
Application - A full stack video analytics platform for enterprises that has capabilities
such as Number Plate Recognition (NPR), Facial Recognition, Thermal detection, etc.
Value Proposition - Accuracy and ease of integration with existing video infrastructure

Achievements - —
• Both domestic and international presence
• Expanded team to 21 members and clientele to about 4 since commercialisation
• Generated revenue of Rs. 81 lakh in FY22
• Raised venture capital of Rs. 5 crores from Succeed Ventures and Mumbai Angels
Incubated at
End users - Enterprises, Infra companies, Government bodies

CIIE.CO, Ahmedabad
https://ciie.co/
[email protected]

55
The star in me, Hyderabad
https://thestarinme.com/

Product - FEMMEVISTA TECHNOLOGIES (The Star In Me)


Problem Addressed - There is a significant gender gap in the corporate workforce,
and the leakage dominates the experience group of 5-15 years women professionals.
The loss in human capital wealth due to gender inequality is USD 160 Trillion. Based
on the company’s research and focus group conversations with women talent across Founders - Mahua Mukherjee
countries, they concluded that there are a lot of barriers hindering women’s career Uma Kasoji
advancement, contributing to ~23% of women in the workforce in India and just 4%
in the leadership. This is not just a problem in India; a similar trend is seen in most Technology Readiness Level
(TRL) - 9
parts of the world. Women talent lack a safe place for having conversations to seek
help and scale their careers to match up to their potential. Through the venture, the
company intended to reduce the talent leakage at organizations with timely career
accelerators, connections, and resources.

Product details —
Description - The ‘star in me’ is the first global career advancement platform for
women’s talent that lets women choose from a variety of career advancement services
instead of searching on multiple channels. Services are provided through a 3-sided
technology platform that connects women’s talent, organizations, and vetted service
providers. Incubated at

Value Proposition - The platform brings leadership experts from various countries
to offer workshops on leadership skills, soft skills, and select domain skills. So far, the
platform has offered over 350 sessions to women across the globe. These sessions are
posted on the platform, and women can register and join these sessions. The platform DLabs Incubator Association
has rich content on several topics in the form of blogs, articles, and videos that women isbdlabs.org
can leverage at their own pace to upskill themselves. [email protected]

Achievements
• Currently offers services across
65+ countries
• TSIM offers services to over
9000 professionals through 90+
global experts. The platform
has done over 350 programs to
date in empowering women
professionals across the globe
• It has grown 3 times in the last
12 months in terms of partners
onboarded, professionals served, and the presence in countries outside of India
• Raised funding of USD 400K from a US Angel Investor, MN2P Holdings LLC

56
SCERMLIND Healthcare Innovations
Pvt Ltd., Chennai www.atiumsports.com

Product - ATIUM SPORTS


Problem Addressed - Digital penetration in the field of sports is very low. According to
a recent study, about 2.5 million data points of an individual athlete collected currently
can increase to a tune of 2500 million data points by the year 2025. If such extensive
data on athletes is collected but not put to the best use, the objective of aspiring to Founders - Murugesh Kumar SK
become a sporting nation will become difficult. With ATIUM, the implementation Neelkanth Raju
of sports science throughout the athletes’ lifecycle is made simpler. ATIUM enables
collaboration within the sports team, and all stakeholders can collaborate on a single Technology Readiness Level
layer. (TRL) - 9

Intellectual Property - 2
Product details Trademarks, 1 Patent pending
Description - ATIUM is India’s first technology platform in the space of sports that
enables High-Performance solutions for athletes and sports teams. The company
achieves this by simplifying sports science and technology. ATIUM empowers
coaches, organisations, and leaders to monitor athlete training, optimize workouts,
and seamlessly collaborate with physiotherapists, medical teams, and sports scientists —
on a single platform. With its athlete-first design, sports-science knowledge base, and
technology, the ATIUM platform empowers athletes to unleash high performance.
Application - In sports, many developing countries have overlooked Sports Science.
Currently, countries such as India have started giving importance to Sports Science.
Implementing sports science can be done successfully with technology. In sports, Incubated at
though large quantities of data are collected, most of the data lie in silos, i.e., in paper,
excels sheets, or data collecting devices. If not used when needed, data will not enable
the teams to make informed decisions. ATIUM’s technology is the solution for this
challenge.
Value Proposition - ATIUM is the Salesforce for
sports.
MaDeIT Innovation Foundation
www. madeit.iiitdm.ac.in
Achievements [email protected]
• India and France Business-to-Business (B2B)
SaaS
• Currently being used by the SAI National
Center of Excellence (NCOEs)
• In discussion with Sports Authority of India to
onboard ATIUM to all their NCOEs
• Raised investment from Angel investors
End users - Sports Teams, Sports Clubs, Sports
Bodies (Government), Federation, and Academies

57
Truckhall Pvt Ltd., Kolkata
https://www.superprocure.com/

Product - SUPERPROCURE
Problem Addressed - The daily processes for the logistics team are manual and time-
consuming. The data of the multiple processes are also in silos. The product helps
manufacturing and engineering companies digitize their logistics operations which
directly contribute to the bottom line by reducing cost and top line through better Founders – Anup Kumar Agarwal
customer service. Manisha Sharaf
Varun Biyani
Product details
Technology Readiness Level
Description - SuperProcure is a cloud-based solution that digitizes Logistics (TRL) - 9
Workflow and daily Spot Freight Negotiations for manufacturing and engineering
firms. This solution helps reduce logistics and freight costs and improves visibility
and collaboration.
Application - SuperProcure makes the lives of the logistics team easier, adds value,
and helps establish a fair process. It automates the daily logistics operations - —
reducing logistics costs, improving employee productivity, and increasing visibility,
collaboration, and transparency in day-to-day operations. This creates an immediate
impact on the entire supply chain and all stakeholders.
Value Proposition – The product can be implemented at any level/scale of logistics
Incubated at
workflow digitization of an organization, enabling seamless real-time collaboration.

Achievements
• Over more than 100 paid enterprise clients
• Domestic presence
• Growth of 2 times year on year
• Received external investments of Rs. 17.18 crores IIM Calcutta Innovation Park
https://iimcip.org/
End users - Tata [email protected]
Consumer Products,
Goodluck, Rallis,
Navabharat, Birla
Corporation, ITC,
Pepsico, KEI, Anmol,
Schwing Stetter

58
My3DMeta Pvt Ltd., Bengaluru
www.my3dmeta.com, www.my3dselfie.com

Product - Technology platform to create avatars, accessories, characters for gaming,


animation, and metaverse
Problem Addressed - 3D modelling is a very time-consuming process. To convert a
2D image to a 3D model, it takes approximately 27 hours, and to convert a 2D image
of a human to a 3D model, it takes more than 60 hours. In addition, creating a replica Founder - Harsha P Deka
is very difficult. Normally, one could achieve 50-60% accuracy compared to the photo
after investing 35-50 hours for a human model. Technology Readiness Level
(TRL) - 9
Product details
Intellectual Property - Applied for
Description – The company is building the most powerful 3D modelling technology the process of identifying human
platform, which will enable users to create the highest, inter-operable 3D models in less feature
than a minute, which currently takes more than 60 hours.
Application – A faster, better, and cheaper technology platform for the creation of
avatars, accessories, characters for gaming, animation, and metaverse. All 3D models
will be interoperable on any platform.

Value Proposition - Upon the completion of the proprietary process and construction
of the automated technology, the technology will be able to convert any 2D image into
a minimum of 90% accurate result in less than 10 hours, and with automation, it will
do so in less than a minute.
Incubated at
Achievements
• Partnered with Sony and Samsung to build their
metaverse
• Delivered to over 40 countries
• Received the licensing rights to create, sell, and
distribute Charlie Chaplin figurines and 3D
models worldwide from the Chaplin IIM Calcutta Innovation Park
family; Bob Ross; Thomas Edison (in https://iimcip.org/
[email protected]
final talks)
• Both Business-to-Business (B2B) and
Business-to-Consumer (B2C)
• Delivered to clients like Marvel,
McDonald’s, Biomarin, Henkel, EPL,
Harvard University, Cardiff University
• Raised follow on funding of Rs. 11
crores

59
Antrepriz Solutions Pvt Ltd., Madhya Pradesh
https://antrepriz.com/product

Product - EKA Products


Problem Addressed - Handling employee travel and reimbursement is difficult, and
it is the second highest indirect expense on the companies’ balance sheet. Corporates
do not have control or visibility over employee spending. And employees face hurdles
with reimbursement, out-of-policy violations, and face consistent demotivation. Founder - Prashant Kushwah
Corporates spend up to 20% more due to low control, policy overflows, frauds, and
higher supplier costs. Technology Readiness Level
(TRL) - 9
Product details
Description - EKA product features include modules where employees can do all
discretionary spending like booking flights, hotels, buses, Ola, QR payments, and
card swipes using EKA App/desktop. Companies can control spending/bookings in
real-time using dynamic policy control with fully configurable workflows. —

Application - Antrepriz is developing a Unified Payments Interface (UPI) Application


for corporates/businesses to manage business travel and spending in real-time with
a rewarding mechanism through the use of Artificial Intelligence (AI) technology.
Incubated at
Achievements
• Market traction of Rs. 50 lakh
• Participant in Global Investment Meet
• Growing and adding features regularly
• Raised external investments of Rs. 700 lakh
End users - Business-to-Business (B2B), Corporates, Companies IIT MANDI CATALYST
https://www.iitmandicatalyst.in/
[email protected]

60
Blinkin Technologies Pvt Ltd., Bengaluru
www.blinkin.io

Product - Blinkin
Problem Addressed – Blinkin is a simple App that helps understand and solve
technology problems visually, remotely, and without drama. The users do not need to
download and install an App or create an account. It enables real-time collaboration
with one or multiple users. The users can collaborate over chat and request data with Founder - Harshwardhan Kumar
smart forms, share videos with one click, search for ‘How-To-Manuals’ during a live
call, and receive remote expert guidance with live expert pointer and AP Drawings. Technology Readiness Level
The App is cloud-based for quick and easy global deployment and maintenance and (TRL) - 9
can capture visual evidence and live location on service tickets for download. It is
device-agnostic and can be used on the most common smart devices and platforms
(iOS, Android/MacOS, Windows 10 with the highest security demands. The App
integrates the user database and application infrastructure through the Application
Programming Interface (API). It collects the data as ROI collect and stores images and —
videos for building a knowledge base or training Artificial Intelligence (AI) models.

Product details
Description - The ability to physically experience or utilise skills at another location is
restricted by the barriers of time and distance. It is crucial to bring needed skills to the Incubated at
people who need them as urgently as they are required. Blinkin empowers support
engineers to deliver exceptional technical support anywhere, every time.
Currently, they offer two solutions:
1. Scotty - An AI and Augmented Reality (AR)-powered live video calling system. The
agent can handhold users and guide them using augmented on-screen annotations and KIIT-TBI, Bhubaneswar
live pointers overlayed on their screen. This helps seamlessly transport human skills www.kiitincubator.in
[email protected]
and knowledge to the exact location where and when needed.
2. Houston - An AI-powered self-service system powered by a Virtual Agent. This
transfers the expertise of senior engineers to the user over their smartphone with just a
click of a button 24×7. As of today, Blinkin is active in 43 countries and growing.
Application - It enables fraud-proof capture of videos and images, allows live and time-
shifted documentation, is remote, and does not require App download or registration.
Value Proposition - It allows real-time collaboration (browser-based video call,
interactive drawings, integrated chat, media library, case documentation), time-shifted
collaboration (Structured data request via SMS, video, image, file exchange >100MB,
GPS location, live recordings) and automation/self-service (24×7 digital assistant,
step-by-step routines (SOP), data collection and visual guidance).

Achievements
• Winner of multiple awards: Start Zuschuss Germany, 2019; IIGP Award, 2019;
Insurtech Nasscom, 2019; Startup of the Year GIF, 2019; Global AI Start-up, 2020;
SAASTOCK, 2020

61
Elementik Technologies Pvt Ltd., Pune
www.byteseal.in

Product - BYTESEAL
Problem Addressed - Cybercrime is increasing at an alarming rate in the entire
world. The statistics suggest that 80% of cyberattacks are caused due to human
factors (e.g., setting up weak passwords, sharing passwords, falling prey to
phishing attacks, etc.). Byteseal addresses this problem with a unique, first-of-its- Founder - Nikhilesh Wani
kind solution.
Technology Readiness Level
Product details (TRL) - 9

Description - Byteseal Biometric ID - A compact, portable, and wireless Intellectual Property - 2 Utility
authentication device for safe and convenient internet logins. Patents granted

Application- Byteseal Biometric ID uses the world’s most advanced and secure
biometric authentication technology in combination with wireless interfaces such
as Bluetooth and Near Field Communication (NFC). Because it is easily portable,
users can log into their online accounts with just a tap of a fingerprint - eliminating
all human vulnerabilities in cybersecurity. The device is also helpful for other —
authentication purposes like online payments, e-KYC, etc.
Value Proposition- Secure internet logins with just a tap of the fingerprint.

Achievements
Incubated at
• Commercially released in May 2021 in the Business-to-Consumer (B2C)
domain. Currently working on 2 Business-to-Business (B2B) orders and 1
pilot with a major Internet Service Provider (ISP)
• Domestically available
• Generated revenue of Rs. 6.5 lakh
Science and Technology Park, Pune
• Apart from DST SEED, the promoter group has www.scitechpark.org.in
invested approx. Rs. 60 lakh in the company [email protected]
End users - General internet users (B2C), Corporate users
(B2B) majorly from sectors such as IT/ITES, Financial
Services, etc.

62
Sustainable Reference Analytics Pvt Ltd.
(SustLabs), Mumbai https://www.sustlabs.com

Product - OHM ASSISTANT


Problem Addressed - Ohm Assistant shows the electricity consumption of home
appliances on the mobile phone in real-time. It helps understand the daily usage
and billing of appliances and sends a notification in case of sudden surges in power
consumption. Founders - Kaushik Bose
Rohan Gupta
Product details Soumya Bhattacharya

Description - Ohm Assistant is a real-time energy monitoring device for a residential Technology Readiness Level
household. It is an Internet of Things (IoT) based product that can detect appliance (TRL) - 9
level electricity consumption just by smart meter data.
Intellectual Property- 1 provisional
Application - Inspiring energy efficiency at homes, Ohm Assistant positioned as ‘FitBit’ patent filed
for homes, is an electricity activity tracker designed to help become energy wiser and
ultimately make homes smarter.
Value Proposition - Viewing real-time energy usage; Data-driven decision making;
Detecting unwanted behavior of appliances; To ensure data transparency and seamless
demand-side management, around 80+ utilities in India can be leveraged to attain a —
sustainable future.

Achievements
• Currently in more than 70 cities in India
• Selected for Google Developers Launchpad, 2020; CISCO CIIE IoT accelerator, Incubated at
2019; Oracle Global Startup Ecosystem, 2018
• Sold close to 1500 bots with an accuracy level of 90%
• Signed contracts worth USD 2.5 million
• Raised external investment close to USD 450K
End users – Business-to-Business-to-Consumer
(B2B2C) includes Electric Switch gear companies
and Distributors SINE IIT Bombay
https://sineiitb.org/
[email protected]

63
MANUFACTURING
MANUFACTURING
TECHNOLOGY
TECHNOLOGY
Startup Name

KBCOLS Sciences Pvt Ltd., Pune


GeoCarte Radar Technology Pvt Ltd., Gandhinagar, Gujarat
Fracktal Works Pvt Ltd., Bengaluru
ACQUAFRONT Infrastructure Pvt Ltd., Jalaun, UP
KBCOLS Sciences Pvt Ltd., Pune
www.kbcolssciences.com

Product - MICROBIAL COLOURS: THE FUTURE OF SUSTAINABLE NATURAL


COLOURS
Problem Addressed - The prolonged use of these synthetic colors has led to many
ecological and economic challenges. Today almost 20% of freshwater pollution is
caused by textile dyeing and treatment. Moreover, the hazardous waste generated Founders - Dr Vaishali M. Kulkarni
during synthesis, along with concerns related to safety, has thus fostered fresh Dr Arjun Singh Bajwa
enthusiasm in the search for alternatives.
Technology Readiness Level
Product details (TRL) - 7

Description - KBCols is sourcing and isolating natural brown, blue, green, and pink Intellectual Property - Process
colours from micro-organisms and applying them in textiles and personal care. The ongoing for permission with NBA
(National Biodiversity Authority)
bio-colours are a universal drop-in solution that can be used to dye most natural and
synthetic fibers, including cotton, linen, wool, viscose, silk, polyester, ramie, and
different blends.
Value Proposition - The colours are water-soluble and natural with excellent
reproducibility and better performance/fastness parameters. Waste sources are —
used as raw materials to produce colours (value-added products) with numerous
applications.

Achievements
• KBCols is working with leading
Incubated at
brands globally in Europe, Japan, Sri
Lanka, and India
• KBcols outfits were launched in
Amsterdam in collaboration with
Designers Hul Le Kes and FFG DERBI Foundation
(Fashion for good) https://derbifoundation.com
[email protected]
• KBCols has grown from a lab of 200
sq. ft. to a state-of-the-art pilot facility
of 2000 sq. ft.
• KBcols closed seed round in 2020 led
by leading investors such as Chiratae
ventures, Axilor ventures, DERBI
Foundation
End users - KBCols is a Business-to-
Business (B2B) serving various brands/
manufacturers in textiles, personal care,
and cosmetics.

67
GeoCarte Radar Technology Pvt Ltd.,
Gandhinagar, Gujarat www.geocarte.in

Product - GROUND-PENETRATING RADAR (GPR) SURVEY TECHNOLOGY


Problem Addressed - Analysis and interpretation of GPR weak signal data have
been GeoCarte’s forte to ensure accurate mapping of underground structures from
its inception.
Founder - Silky Agrawal
Product details
Description - Underground Utility Mapping, Highway Inspection, Archeological
Investigation, Concrete Structure Inspection, Ground Water Table Mapping.
Application - GPR Technology is a non-destructive electromagnetic wave technology

used to scan the underground infrastructure without digging. GPR Technology uses
high-frequency electromagnetic waves that go deep inside the earth and get reflected
when they encounter anomalies or sub-surface utilities, i.e., changes in the material.
Value Proposition - The Company leverages its expertise in complex situations or
where there is high moisture content in the soil. Incubated at
Achievements
• Operating from IIT Gandhinagar
• Present in the market for the last 6 years and serving pan India
IIEC, Indian Institute of Technology,
End users - Archaeological Survey of India, Indian Railways, National High-Speed Gandhinagar
Rail Corporation Limited, Indian Navy, UPMRC, GMRCL, Ahmedabad Municipal www.iieciitgn.com
Corporation, AECOM India Pvt Ltd, Lea Consultancy, JMC Project (I) Ltd, L&T, NCC [email protected]
Ltd, Shapoorji Pallonji & Co. Pvt Ltd., Tata Projects Ltd., Bureau Beritas, etc.

68
Fracktal Works Pvt Ltd., Bengaluru
www.fracktal.in

Product - 3D PRINTER AND ITS ACCESSORIES


Problem Addressed - Additive manufacturing was initially used for rapid prototyping
to make visual and functional prototypes. It can significantly  speed up product
development and market entry.
Founder - Vijaya Raghav Varada
Product details
Technology Readiness Level
Description - Julia series of 3D Printers from Fracktal make Fused Deposition (TRL) - 9
Modelling (FDM) 3D Printing easy to use without compromising on performance and
features, making it one of the most versatile and value for money 3D Printers.

Achievements
• Domestic presence

• More than 1000 installations
• External investment of Rs. 1 crore

Incubated at

MUTBI Manipal
www.mutbimanipal.org
[email protected]

69
ACQUAFRONT Infrastructure Pvt Ltd.,
Jalaun, UP www.acquainfra.com/

Product - STEEL-INTEGRATED FLOATING JETTY PUMP PONTOONS


Problem Addressed - Expensive High-Density Polyethylene (HDPE) blocks
throughout the area render conventional solutions uneconomical. They have a
limited berthing capacity, hence restricted to small-sized cruise vessels, and they
incur large fluctuations due to the occurrence of seasonal/tidal fluctuations in water Founders - Ankit Patel
level, thus challenging the safety of onboard personnel. There is inadequate freeboard Achin Agrawal
for passengers approaching from/to larger sized vessels, thus further challenging
their safety. The flexible anchorage systems also challenge the safety of the structure Technology Readiness Level
(TRL) - 9
in adverse climatic conditions.
Intellectual Property - 1 patent
Product details granted and 1 filed
Description - Steel Integrated Floating Jetty (SIFJ) is basically a composite construction;
different components are made of different materials. SIFJ consists of 3 components –
Deck structure, Mild Steel (MS) sheets and Floaters.
Application - Existing HDPE-based floating jetty modular system of floating jetties

have been optimized. The solution, i.e., Steel-Integrated Floating Jetty, incorporates
flexibility and rigidity to deal with the incurring wave forces while simultaneously
providing utmost stability for the onboard operations.
Value Proposition - High-Cost Effectiveness; Durability of 25 years with a 1-year
warranty; Load Carry Capacity up to 2T/m2; Size customizable as per requirement; Incubated at
High Modularity; Easy and Cost-effective Maintenance & Replacement; Logistics
& Ease of Handling due to high modularity; Variable anchorage types (deck to
shore, deck to bed, etc.); Aesthetically suited and rigid appearance; Customizable
arrangements with un-compromised stability; A further step in the direction of
passenger and onboard crew safety FIRST SIIC IIT Kanpur
https://siicincubator.com/
Achievements [email protected]

• Both domestic and international presence


• Generated revenue of more than Rs. 1.5 crores in FY20-21 and more than Rs. 12
crores in FY21-22
• Generated 24 permanent and more than 200 contractual
jobs
• External investment of Rs. 4.3 crores from NRDC,
Engineers India Ltd., Small Industrial Development
Bank of India
End users - DIPR, Government of Punjab, SpiceJet Technic
(P) Ltd, Public Health & Engineering Division, Government
of Odisha, Uttar Pradesh Rajkiya Nirman Nigam, M.P. State
Tourism Development Corporation, Beohari water supply
scheme, NTPC

70
Mobility
&
E-Mobility
Startup Name

Midgard Electric Pvt Ltd., Bengaluru


GEARR Technologies, Mohali
Vecmocon Technologies, New Delhi
PI BEAM Labs Pvt Ltd., Chennai
Shellios Technolabs Pvt Ltd., Delhi
Physics Motors Technology Pvt Ltd., Hubballi, Karnataka
GRINNTECH Motors & Services Pvt Ltd., Chennai
Maxbyte Technologies, Coimbatore
Artitech Innovations Pvt Ltd., Hubli
RC Hobbytech Solutions Pvt Ltd., (Drones Tech Lab), Kolkata
Atrim Electronics Pvt Ltd., Ghaziabad
CDSpace Robotics Pvt Ltd., Bengaluru
Euphotic Labs Pvt Ltd., Bengaluru
Tactopus Learning Solutions Pvt Ltd., Bengaluru
Midgard Electric Pvt Ltd., Bengaluru
www.midgardelectric.com

Product - MIDGARD ELECTRIC


Problem Addressed - There is an absence of enough charging facilities in the right
places that can cater to multi-brand vehicles, an absence of enough electric grid to
support trouble-free operations, and difficulty in identifying charging stations in
proximity. Founder - Abhijith Vijayan

Product details Technology Readiness Level


(TRL) - 9
Description - Midgard is an Electric Vehicle (EV) Charging Service Company that
installs and maintains electric vehicle charging stations with multi-brand charging
machines ranging from 2 KW to 15 KW. The charging stations can serve 2, 3, and
4-wheelers. EVCSCO model operates as ‘Hardware as a Service’. An associated
easy-to-use mobile application helps users to easily identify, navigate, and connect
to a charging facility. The app also helps users with faster payments. Midgard also —
developed E-Mob, a prototype of an electric 3-wheeler.
Application – The company provides multi-brand charging stations for 2, 3, and
4-wheelers. It operates machines under the energy service company model (Hardware
as a Service), and a Smart App connects the hardware with software to control the Incubated at
entire system and ensure hassle-free charging and payment. The backend system with
dashboard and analytics is integrated with dedicated admin controls.
Value Proposition -
• Multi-brand charging infrastructure
Amrita TBI
• EVCSCO Model- Operates as per contract for a minimum number of vehicles to be www.amritatbi.com
charged per day by the fleet operator [email protected]
• Revenue share/rental scheme option
End users - Public parking spaces, bus terminals, hospitals, metro parking, parking
aggregators, electric auto rickshaw hubs, EV service points, educational institutions,
and fleet operators

73
GEARR Technologies, Mohali
https://gearrtech.wixsite.com

Product - THE HAWKER


Problem Addressed - There was a need for innovation in bicycles to promote and
enhance the usage of bicycles for exercise, leisure, and travelling purposes. People
have lost interest in bicycles due to their conventional designs, lack of gadgets, and
limited usability. Founder - Tirlok Singh

Product details Technology Readiness Level


(TRL) - 9
Description - Gearr Technologies has surprised the market with a variety of innovative
bicycles and marketing plans, created with the greatest degree of precision and care Intellectual Property - Design
for the customers. The bicycle design and systems have been continuously improved Patented
with extensive research and the use of modern manufacturing technologies. The
Hawker bicycle comes with a unitary tube frame, 21/24 gear combinations, and a
lifetime guarantee of the frame.
Application - This company manufactures bicycles with innovative designs and
aesthetic looks, creating interest among the general public. The use of modern gadgets —
such as the Global Positioning System (GPS) tracker increases usability and promotes
health and fitness.
Value Proposition - Innovative design and aesthetic look with different colour
options. Bicycles are fitted with modern accessories such as side mirrors and gadgets Incubated at
such as GPS trackers.

Achievements
• Market traction is very high
• Presence in both domestic and international markets
• Growth of over 200%
End users - The Chandigarh University TBI, Mohali
company has large https://cutbi.in
customer groups such [email protected]
as children, athletes,
sportsperson, young
students, corporate
employees, and senior
citizens.

74
Vecmocon Technologies, New Delhi
https://www.vecmocon.com/

Product - VEHICLE INTELLIGENT MODULES


Problem Addressed - Unavailability of the vehicle intelligent modules for the different
components of Electric Vehicles (EV) behaves as a roadblock in ensuring the safe and
high performance of the vehicle.
Founder - Aadarsh Balram
Product details
Technology Readiness Level
Description - Vecmocon caters to the entire ecosystem of EVs, such as motor power (TRL) - 9
controllers, battery management systems, vehicle intelligence modules, cloud
connectivity, etc., with specialized components for high-performance vehicles. Intellectual Property - More
Vecmocon provides battery packs with all thermal and structural considerations, than 10 patented technology for
E-Mobility Solutions
battery management systems, and Machine Learning (ML) algorithms for battery
management design of computationally in-expensive system-local ML algorithms,
which run on Rs. 100 micro-controller.
Application - Complete Vehicle intelligence and health monitoring solution with
Critical battery data collection and monitoring such as cell voltages, temperature, —
the current health of the Battery, and BMS. Vecmocon also provides solutions for
intelligent vehicles, including Keyless Entry, Preventive and Predictive Maintenance,
User Adaptive Algorithms, Remote diagnostics, Fleet Management, etc.
Value Proposition - Complete ecosystem for the vehicle intelligence of EV
Incubated at
Achievements
• More than 25 business customers have been served
• Received external funding of Rs. 3.5 crores
• Generated revenue of Rs. 5 crores
End users - EV Manufacturers, Original Equipment Manufacturers (OEMs) FITT-IIT Delhi
https://fitt-iitd.in/
[email protected]

75
PI BEAM Labs Pvt Ltd., Chennai
https://www.pibeam.com/

Product - PIMO, E-TRIKE, E-CART


Problem Addressed - To accelerate EV adoption and build sustainable and affordable
transportation technology.

Product details Founder - Visakh Sasikumar


Description - Manufactures variants of solar electric manual trikes to move goods and Technology Readiness Level
passengers for private and public workspace applications. (TRL) - 9
Application - PiMo: Pedal-assisted electric bicycle at a speed of 25 kmph; E-trike: Intellectual Property - Filed 3
Pedal-assisted E-trike for material handling and carrying passengers; E-Cart: Logistics Patents
service.

Achievements
• Pan-India presence
• External investments of Rs. 21.84 crores in seed series led by IPV Investors, GAIL —
India, and Eagle 10 Venture
• Generated revenue of Rs. 1.2 crores in FY21-22
End users - Business-to-Business (B2B) and Business-to-Consumer (B2C)

Incubated at

IITM Incubation Cell


http://www.incubation.iitm.ac.in/
[email protected]

76
Shellios Technolabs Pvt Ltd., Delhi
www.shellios.com

Product - PUROS ANTI-POLLUTION HELMET


Problem Addressed - SHELLIOS PUROS Anti-Pollution Helmet is designed to help
2-wheeler riders breathe clean air. Most Indian cities have very polluted air, and a
combination of high PM2.5 and vehicular emission poses enormous health and
environmental challenges. Founder - Amit Pathak

Product details Technology Readiness Level


(TRL) - 9
Description - A smart helmet with modular accessories to solve this problem in a base
plus swappable accessory format. Intellectual Property- Granted
Utility Patent
Application - PUROS is the world’s first anti-pollution helmet. It is a helmet with
integrated air purifying accessory. Their patented innovation features a Brushless
DC (BLDC) blower fan, High-Efficiency Particulate Air (HEPA) filter membrane,
electronic circuit, and microUSB charging port integrated into a specially designed
helmet. The product is safety certified as per IS:4151.

Value Proposition - The unique value of the product is to ensure exposure reduction
by more than 80% measured as exposure to pollutants using a controlled environment
without such a purification system in standard traffic conditions.

Achievements
Incubated at
• Commercialization deals with leading Original Equipment Manufacturers
(OEMs)
• Products are sold in all parts of
the country
• Slow and steady growth
JSSATE-STEP, Noida
End users - Royal Enfield www.jssstepnoida.org
Motorcycles, Rissala Electric [email protected]
Motors, and Individual riders all
over India

77
Physics Motors Technology Pvt Ltd.,
Hubballi, Karnataka www.physicsmotors.com

Product - TRACTION MOTORS FOR ELECTRIC VEHICLES (EV) and BRUSHLESS


DC (BLDC) MOTORS
Problem Addressed - Indian EV market is entirely dependent on China for Traction
Motors. Physics Motors is solving this major problem of dependency on China by
localizing all the parts of motors (except magnets) by building superior quality Founder - Deepak Jadhav
Traction Motors for t h e Indian and world EV market.
Technology Readiness Level
Product details (TRL) - 8/9

Description - Electric Vehicles need Traction Motors to propel. BLDC Motors are Intellectual Property - Sealing
highly efficient when compared to AC Motors. The automobile market is now Technology and other inventions in
transitioning from Internal Combustion Engine (ICE) to BLDC Motors. Physics the patent filing stage
Motors is a fully indigenous designer and manufacturer of BLDC/Permanent Magnet
Synchronous Motor (PMSM) Traction Motors for EVs.
Application - Physics Motors has developed a superior quality traction motor with
patented sealing technology and a better performing product than Chinese motors.
Physics Motors can design and build BLDC/PMSM motors with complete in-house

capabilities for any application.
Value Proposition - Patented sealing technology; All components are fully localized
in India; Better performance than any other product of the same power specifications.
Incubated at
Achievements
• Sealing technology patented by Physics Motors
• Secured 3 purchase orders (Production Order)
• Successfully developed BLDC Motors for Mixer/Grinder application
• Raised Pre-series A investment from Indian American Investor Dr. Kiran Patel KLE-Centre for Technology
Innovation & Entrepreneurship
End users - 2-wheelers Original Equipment Manufacturer (OEM) Automotive (CTIE)
Manufacturers, Consumer Goods OEM Manufacturers www.klectie.com
[email protected]

78
GRINNTECH Motors & Services Pvt
Ltd., Chennai https://www.grinntech.com

Product - 2-WHEELER, 3-WHEELER, COMMERCIAL VEHICLE BATTERIES,


CUSTOM BATTERY DEVELOPMENT, AND BATTERY ANALYTICS
Problem Addressed - Mobility for the future needs to be environmentally sustainable
and economically affordable. Grinntech focusses on designing and developing
innovative, affordable, and quality energy storage solutions for the world that will Founders - Puneet Jain
transform mobility with a conviction toward the planet’s environment.  Nikhilesh Mishra

Product details Technology Readiness Level


(TRL) - 9
Description - Grinntech offers a complete range of solutions for Electric Vehicles (EV),
from fully integrated battery packs and off-the-shelf products to custom-engineered Intellectual Property - 3 patents filed
solutions and battery analytics. Their range of Lithium-ion batteries is setting new
standards in safety, energy density, long life, and reliability. 
Application - Grinntech offers a range of batteries like Internal Combustion (IC)
Engine starter batteries, E-cycle, robotics, 2-wheeler, 3-wheeler, and commercial
vehicle batteries. Grinntech also undertakes custom battery development for specific —
client requirements, backed by their design flexibility and advanced in-house BMS.
They also offer battery analytics as a service. 

Achievements
• Wide market presence across India  Incubated at
• External investments of Rs. 11.15 crore led by High Net-worth Individuals (HNIs)
and private investors
• Generate revenue of more than Rs. 1.4 crores in FY20-21 and Rs. 1.2 crores in FY21-
22
End users - Major electric vehicle Original Equipment Manufacturer (OEMs) Rural Technology Business Incubator
rtbi.in
[email protected]

79
Maxbyte Technologies, Coimbatore
https://maxbyte.co/

Product - INDUSTRIAL DIGITAL AUTONOMOUS ROBOTS


Problem Addressed - Continuous monitoring of air compressors, addressing service
overdue issues, increased uptime, and improved productivity.

Product details Founder - Ramshankar C S

Description - Realtime Analytics, Energy Efficiency, Predictive Maintenance, Artificial Technology Readiness Level
Intelligence (AI)-Enabled backend. (TRL) - 9

Application - Offers robotization of manually operated mobile machines and custom- Intellectual Property - MARC-
built Autonomous Mobile Robots. Maxbyte Advanced Robotics Center

Value Proposition - Industrial Mobility Robotization Platform

Achievements
• More than 100 industrial digital transformation projects

• 100+ employees in 5 years
• Customers in MEA, USA, IND
• Raised USD 250,000 in external funds
End users - Automobile, Aero, Metal, and Machinery manufacturers
Incubated at

CIET-TBI, Coimbatore
www.thecultiv8.com
[email protected]

80
Artitech Innovations Pvt Ltd., Hubli
www.kosha.ai

Product - HASTA IOT


Problem Addressed - For over four decades, mass-produced imitation products
have been sold as authentic handmade products. It has resulted in the migration
of skilled weavers due to low wages, declining market, lack of consumer trust, and
ineffectiveness of policies targeted at genuine weavers. Existing authentication Founders - Vijaya Krishnappa
mechanisms are also audit based and ineffective. Ramki Kodipady
Visaha Chaudhary
Product details
Technology Readiness Level
Description - KOSHA has developed an IoT device. This device and mobile (TRL) - 9
application capture real-time information on the process, using which the product
is authenticated. A proprietary tamper-proof label is applied to each product during Intellectual Property - 3 Patents filed
production. With a simple QR scan, consumers/stakeholders can validate the
authenticity and trace the origin of the product.
Application - HASTA Internet of Things (IoT) device is fixed to the handloom. The
device senses the motion of the loom, which is used for authenticating the product.

Further, the proprietary WeavePROTECT label is woven into the fabric during
the weaving process. This label digitalises the product and carries authenticity/
traceability information.
Value Proposition - Digitalisation, Real-time authentication, Supply Chain
Management, Traceability Incubated at
Achievements
• Estimated 12000 subscriptions by
2023-24 Foundation of Sandbox Start-ups
• Present in 10 states and 2 countries Initiatives, Hubli
(India and Africa) https://www.deshpandestartups.org/

• Winner of Start-up Karnataka


Elevate Challenge
• MoU signed with North-Eastern
Handicraft and Handloom
Development Corporation Ltd.
(NEHHDC), a Public Sector
Undertaking (PSU) in North-East
India
• External investment of Rs. 1.2 crore
End users - Handloom Retailers/Brands,
Manufacturers and Exporters, Co-
operatives/Federations, Government
and Government Agencies

81
RC Hobbytech Solutions Pvt Ltd., (Drones
Tech Lab), Kolkata www.dronestechlabs.com

Product - UNMANNED AERIAL VEHICLE (UAV) FOR CARRYING HEAVY


PAYLOADS
Problem Addressed - The UAV addresses the issue of lack of transportation of essential
goods in areas affected by natural calamities and the absence of a proper medium for
transport of heavy lidars for data acquisition in topographic mapping. Founders – Ritesh Kan
Biswajit Dey
Product details Debajit Deka

Description - In-house designed carbon fiber frame equipped UAV that is extremely Technology Readiness Level
resistant yet powerful for carrying loads up to 30 kg in harsh climates. (TRL) – 9

Application - The UAV is powerful (can lift up to 30 kgs) yet lightweight and compact, Intellectual Property – In the process
with 4 removable arms and landing gears that make it super easy to transport. It is of filing a patent for Drones Tech Lab
extremely resistant due to the in-house designed carbon fiber frame and anodized brand TM
aluminum fasteners. It is used extensively for transporting essential goods in areas
with limited access and carrying heavy equipment required during important
topographical surveys.
Value Proposition - Capable of flying in rarefied atmosphere resisting high wind
and rainy conditions in autonomous and manual mode with a single button mission —
accomplishment feature.

Achievements
• Used extensively by Government agencies
• Deployed in flood relief efforts undertaken by the Government of Assam Incubated at
• Raised seed fund of Rs. 1.5 crore from Balmer Lawrie & Co Ltd.
End users – Government Agencies, Corporates, Survey and Mapping Organisations

IIM Calcutta Innovation Park, Kolkata


https://iimcip.org/
[email protected]

82
Atrim Electronics Pvt Ltd., Ghaziabad,
Uttar Pradesh www.atrim.in

Product - Tube well automation through mobile programme, Global Positioning


System (GPS) Car Tracker Device, Cool Connect, Acrylic Light-emitting diode (LED)
signage, Token display, GSM modem
Problem Addressed - Indigenous and cost-effective solutions for customised
automation were not available. Founders - Shivam Dikshit
Shashank Saxena
Product details
Technology Readiness Level
Description - The company provides customized Embedded Systems and Robotics (TRL) - 9
solutions. They facilitated innovative ESDM (Electronic System Development
& Manufacturing) and acted as OEM (Original Equipment Manufacturer) for
organisations across different sectors.
Application - ATRIM Electronics Pvt Ltd. is a distinguished service provider engaged
in providing services for Electronic Research and Development, Manufacturing —
Services, PCB Services, Customized Solutions, etc. The company holds expertise in
delivering end-to-end electronic solutions to clients in an effective manner.
Value Proposition – Customised, cost-effective solutions

Achievements Incubated at
• Achieved a good customer base
• Exhibited domestic/international presence
• Good growth in terms of revenue and employment generation
• Received funding and investments from national and international institutes
End users - Stellar Group, Digitech Services, Pico Event Marketing (India) Pvt Ltd., TBI-KIET, Ghaziabad
www.tbi-kiet.in
Mother Dairy, IUAC, IGI Airport, New Delhi, Satya Metal Industries (P.) Ltd. [email protected]

83
CDSpace Robotics Pvt Ltd., Bengaluru
www.cdspace.in

Product - SNAP-M PPK


Problem Addressed - Providing superior mapping accuracy for every pixel of visual
data compared to manual methods at a significantly lower time and operational cost.

Product details Founders - Nikhil Upadhye


Krishnrajsingh Gaur
Description - SNAP-M PPK provides less than 10 cm accuracy of mapping data with Piyush Negi
high-resolution outputs. It also features best-in-class endurance and area coverage. Pence Mataria
It is safe and reliable with multiple redundancies and fail-safes for completely
autonomous operations. Technology Readiness Level
(TRL) - 9
Application - SNAP-M PPK is a Professional Survey Grade Mapping UAV. It is
used for Geographic Information System (GIS) survey applications that include land Intellectual Property - Airframe
mapping, terrain mapping, mines mapping, volumetric analysis, town planning Design, PPK Technology, Autopilot
surveys, agricultural surveys, and similar aerial mapping. Board, System Integration

Value Proposition - Composite Monocoque airframe, inhouse PPK and controls


technology, maximum area coverage for the given weight class.

Achievements

• Generated revenue of Rs. 2.6 crores with this product and with 12 different clients
• Pan India sales
• Growth of over 5 times in the past year and projected sales of Rs. 10 crores in this
financial year
End users - The end-users for this product are the GIS companies, Government Incubated at
organizations like Survey of India, State revenue departments, Mapping service
providers, and Educational institutions.

SIIC IIT, Kanpur


https://siicincubator.com/
[email protected]

84
Euphotic Labs Pvt Ltd., Bengaluru
www.letsnosh.io

Product - NOSH
Problem Addressed - Working professionals do not get freshly cooked homemade
food conveniently. Primarily, dual work couples resort to batch cooking, i.e., cooking
once or twice a week and eating re-heated food over the week or depending on food
delivery services that affect their health. Founders - Yatin Varachhia
Sudeep Gupta
Product details Amit Kumar Gupta

Description - Nosh is an Artificial Intelligence (AI)-based home robot that makes Technology Readiness Level
cooking hassle-free and enables consumers to eat healthy and freshly cooked home (TRL) - 8
food conveniently.
Intellectual Property - 2 patents
Application - Nosh is a global product that automatically cooks an extensive range of granted (Spice Dispensing
pot dishes such as Curries, Sautéed Vegetables, Rice Dishes, Pastas, Sweets, etc. Mechanism and Stirring Mechanism)
and 1 patent filed (Ingredient
E.g., Nosh cooking Kadai Paneer: dispensing mechanism)
https://www.youtube.com/watch?v=241E7JKXWM0
Nosh cooking Chicken Curry:
https://www.youtube.com/watch?v=LoRSxm0mmjE
Value Proposition - Nosh is a closed product that provides hygienic cooking, and its —
design is preferred by the consumers; Nosh is easy to clean as it has just 3 parts (pan,
stirrer, and ingredient tray) to be cleaned after every cooking; Nosh is meal kit friendly
since it has pre-prepared ingredients.

Achievements
Incubated at
• Received 603 pre-orders with an order value of USD 337,670
• Pre-orders from more than 10 countries
• Beta trials to start in Aug 2022, and plan to begin delivery in Q4 of 2022
• External investment
of Rs. 4 crores
End users - Business-
to-consumers (B2C), SINE IIT Bombay
including, Individuals, https://sineiitb.org/
[email protected]
Working couples,
Mothers with children
below 10 years old, and
Health-conscious people

85
Tactopus Learning Solutions Pvt Ltd.,
Bengaluru www.tactopus.com

Product - TACTOPUS
Problem Addressed - Solving problems of Indian students who struggle with
learning or perform below average by designing learning experiences for alternate
senses with the aid of an audio assistant.
Founders - Saloni Mehta
Product details Chandni R Rajendran

Description and Application - The product aids in building multi-sensory learning Technology Readiness Level
resources to enable children with vision loss to participate in mainstream education. (TRL) - 9
It also helps design learning experiences for alternate senses with the aid of an audio
assistant, supports teachers in building DIY repositories of interactive books and
modules, and develops original, affordable, and interactive content with publishers.
Value Proposition - Inclusive education technology using multi-sensory learning
solutions for children aged 3+ with a special focus on ensuring that those with —
disabilities - visual, developmental, and learning can participate equally in learning
opportunities. Bridging the physical and digital, Tactopus has developed textured
tactile books, flashcards, games, and puzzles alongside a mobile app that uses image
processing to augment audio interactions and games to create a wholesome learning
experience. Incubated at
Achievements
• Awards: Young Innovator Award from Chief Minister of Maharashtra,
Devendra Fadnavis, 2016; Inclusive Innovation Award by BCCI, 2018; TiE Global
Summit QGlue Design-Led Entrepreneurship Award, 2019; Westerwelle Young Social Alpha, New Delhi
www.socialalpha.org
Founders, 2019; TiE Women Runners-up, 2020; NCPEDP-Mphasis Universal
[email protected]
Design Awards, 2020.
• Educators and families of children with visual impairment, learning disabilities,
and developmental disorders
End users - Educators
and families of children
with visual impairment,
learning disabilities, and
developmental disorders.

86
waste management

87
Startup Name

REVY Environmental Solutions Pvt Ltd., Vadodara


Green Trek Research & Development Pvt Ltd., Jammu
Innocule Materials and Additives Pvt Ltd., Bhubaneswar
GD Environmental Pvt Ltd., Pune
Regeno Ventures Pvt Ltd., Tiruppur
Wastelink, New Delhi
REVY Environmental Solutions Pvt Ltd., Vadodara
http://www.revy.co.in/

Product - REVY-S (Anaerobic Granulated Sludge)


Problem Addressed - Water, food, and energy scarcity have emerged as an increasingly
important and vital issue for India. India’s quest for energy security and sustainable
development rests significantly on the ability to tap energy from renewable sources.
With the growing population and increasing power prices, managing wastewater Founder - Dr Vanita Prasad
utilities is a major challenge in India.
Technology Readiness Level
Product details (TRL) - 7

Description - Anaerobic Digestion (AD) is one of the many important technologies for Intellectual Property - Patent
waste treatment at an economical cost and energy recovery. As this is governed solely Granted in India, USA, South Africa
by microbial activity, its proper development and optimization are very important.
REVY-S is an anaerobic granulated sludge of 1.5-2.0 mm in size and contains more
than 650 numbers of various bacteria. This consortium is proven to treat wastewater,
and the treated water can be used directly for irrigation purposes and energy recovery.
Application - REVY-S is a mixture of more than 650 types of anaerobic bacteria. This —
consortium is proven to treat organic wastes/wastewater along with enhanced energy
recovery, and the treated water can directly be used for irrigation purposes.
Value Proposition - It helps in 2 times faster commissioning of biological units and
50% cost reduction in commissioning of the units. Its implementation has reduced the Incubated at
biomass washout from the UASB system by 85-90% and the COD/BOD by 80-90%. It
has 12 times faster start-up leading to Faster commissioning of Anaerobic STP/ETP,
and produces 2 times more biogas yield compared to flocculent systems. The product
also ensures 10 times return on investment through consistent biogas production.

Achievements Venture Center, Pune


www.venturecenter.co.in
• Validation with early [email protected]
adopters
• Domestic presence
• Growth of CAGR 25%
year-on-year
• Equity-based seed-
support
End users - Municipal
Corporations, Industries

89
Green Trek Research & Development
Pvt Ltd., Jammu www.greentrek.co/

Product - GREEN TREK-HANDFIELD MANGANESE STEEL, CHROME STEEL,


HEAT RESISTANT STEEL, AND STAINLESS STEEL
Problem Addressed - ‘Mill Scale’, a steel waste generated by Steel Rolling Mills, is
dumped into landfills all over the world (thousands of tons), and due to the increasing
quantity of mill scale, more landfills are being created. The leaching of this material Founder – Sandeep Gupta
into soil and groundwater causes pollution and threatens the environment.
Technology Readiness Level
Product details (TRL) - 8

Description - Recycling of different types of steel waste such as oxides and metallic
scrap (iron and steel). Using this process, pure molten metal with more than 99% iron
content is obtained. It is then alloyed to make various types of high-value steel and
alloy castings for a wide variety of industries.

Application - The company’s trade and scope of impact is not limited to national
borders but also globally. The start-up works on a Circular Economy model by
utilizing technology for a sustainable waste management process. The process does
not need any electric power and can be used in places where electric power is scarce
or absent. Incubated at
Value Proposition - Process of manufacturing using no power and creating no
pollution.

Achievements
• Shifting the unit to Kangra to cater to the Heavy Industries
IIT MANDI CATALYST, Mandi
• Domestic presence: Facility for Low Carbon Technology Deployment (FLCTD)
https://www.iitmandicatalyst.in/
jointly implemented by BEE-GEF-UNIDO [email protected]
• Implementing Artificial Intelligence/Machine Learning (AI/ML) into their
melting technology in order to have a global reach and presence
• Working towards manufacturing of Green Steel-The Metal of Future. Purchased
14,700 sq. ft. of industrial land in Kangra and signed an MoU with the Government
of Himachal Pradesh, Industries Department to enable further growth as well as
have a connecting reach to the customers
End users - Multifarious industries, namely cement plants,
stone crushers, power plants, oil and gas plants, heavy earth
equipment manufacturers, etc.`

90
Innocule Materials and Additives Pvt Ltd.,
Bhubaneswar http://innocule.com

Product - OREFLO, MIX-D, GRINEX, FLUMIX, FAM, COALMIX


Problem Addressed - With the use of their chemicals, the mining, mineral, and metal
industries empowered themselves to utilize low-grade ores and indigenous resources
and reduce the import of raw materials, which helped in recovering values from the
wastes and reduced environmental pollution. Founder - Gyan Ranjan Das

Product details Technology Readiness Level


(TRL) - 8
Description - The current mineral resources in India are rapidly depleting. The
growing challenge for the Indian mineral industry is two-fold: low-grade ores and Intellectual Property - 3
operational challenges while processing them. The beauty of their interventions is that
they can be used in the existing plant without any major modifications in the process.
Application - OREFLO is used to ease low-grade ore handling and processing in the
rainy season; Mix-D is used as a dust suppressant in mining haul roads, conveyor
transfer points, and stockpiles; Grinex is used for efficient dry grinding of iron ore —
to reduce specific power consumption and enhance production; Flumix is used for
beneficiation of low-grade iron ore by reducing silica and alumina content in the final
product; FAM is used for efficient dewatering of iron ore slurry filtration and enhanced
plant production; CoalMix helps utilize Indian non-coking coal in coke making and
replaces 10-15% of coking coal import. Incubated at
Value Proposition - The offerings include OREFLO (stickiness inhibitor), Grinex
(improved grinding efficiency, mill output, and decreased power requirement), FAM
(increase filtration production), dust suppressant (controls dust in mining haul roads,
mineral piles, and conveyor transfer points), etc.
KIIT-TBI, Bhubaneswar
End users - All major mineral industries, including Tata Steel Ltd., JSW Ltd., Vedanta www.kiitincubator.in
Resources Ltd., SAIL, BMM Ltd., etc. [email protected]

91
GD Environmental Pvt Ltd., Pune
www.gdepl.org

Product - MULTIJET HIGH-TEMPERATURE UPDRAFT GASIFIER; DROP-IN FUEL;


STY PAINT; FUEL PELLETS; FLY-ASH BRICKS
Problem Addressed - Urban agglomerations are characterized by poor municipal
solid waste management and processing. They generate substantial amounts of waste
that is currently left unprocessed and dumped at landfill sites. They lack the ability Founders – Ajit Gadgil
to process inorganic dry waste, which has emerged as one of the most uncontrolled Abhijit Datar
environmental threats.
Technology Readiness Level
Product details (TRL) - 9

Description - GDEPL’s patent-pending technology gasifies all dry waste material, Intellectual Property - Applied for 2
and converts it into thermal energy and a small residue of ash. Wet waste containing Patents
40-50% moisture can also be gasified without pre-drying. The segregated plastic is
used for producing a drop-in fuel and waterproof paint, a mixture of dry and wet
waste is used for making pellets, and residue ash is used for producing fly-ash bricks.
Application - Selected under the ‘Waste to Wealth Mission’ of the Government of

India, headed by the office of the Principal Scientific Adviser (PSA), GD Environmental
Pvt Ltd. (GDEPL) provides a commercially feasible and environmentally sustainable
solution for decentralized processing of Municipal Solid Waste (MSW). GDEPL’s
gasifier disposes MSW and generates energy that can be utilized for various
applications. GDEPL also produces a drop-in fuel, fuel pellets, waterproof paint, fly-
ash bricks, etc., from MSW. Incubated at
Value Proposition - GDEPL provides a solution that disposes MSW completely with
zero landfill requirement and caters to all pollution control norms. Additionally, it
creates value-added products out of it.

Achievements Science and Technology Park, Pune


• The solution has already been www.scitechpark.org.in
[email protected]
deployed in civic bodies and
townships
• Presence in domestic markets
• GDEPL in its subsidiary invested
more than Rs. 1 crore from and raised
an equal amount from other external
sources
• Generated revenue of Rs. 2 crores
End users - Value-added products can
be sold in bulk or retail to Governments,
Civic bodies, and Townships for disposal
of MSW

92
Regeno Ventures Pvt Ltd., Tiruppur
www.regeno.in

Product – ECO-FRIENDLY BIODEGRADABLE AND COMPOSTABLE PACKAGING


SOLUTIONS.
Problem Addressed - The start-up aims to tackle the plastic pollution problem in India
by developing biodegradable solutions. India currently produces around 10 MMT of
single-use plastic annually, with 79% ending up in landfills and ocean bodies. This Founder - Cibhi Sel Ven
process causes the release of BPA and results in serious pollution of the oceans.
Technology Readiness Level
Product details (TRL) - 9

Description - The solution is developed from native cassava starch and other vegetable
oil derivatives. The solution developed is non-toxic and completely soluble in hot
water, ensuring its safe disposal. The solution is also corrosion resistant and exhibits
good printability.

Application - Regeno Ventures develops eco-friendly, biodegradable, home
compostable, and completely recyclable packaging alternatives from native cassava
starch and other vegetable oil derivatives. The packaging solution developed is non-
toxic and completely soluble in hot water. The alternatives developed are used for
packaging garments, automotive parts, and consumer goods. Incubated at
Value Proposition - It is the only solution in the Indian market that is home compostable
and completely hot water soluble.

Achievements
VelTech TBI, Chennai
• Winner of Atal New India Challenge (ANIC), a flagship event under Atal https://www.veltechtbi.com
Innovation Mission-NITI Aayog [email protected]
• Winner of Tamil Nadu Grand Idea Challenge (TNIGC), Government of Tamil
Nadu
End users - Jack and Jones, Industry of all Nations, Max, Suta, Flipkart, Subway, etc.

93
Wastelink, New Delhi
https://www.wastelink.co

Product - ECOFEED
Problem Addressed - They partner with the food industry to transition them into a
circular economy. They do that by providing solutions for food waste management
and upcycling food waste into animal feed.
Founders - Saket Dave
Product details Krishnan Kasturirangan

Description - They purchase food waste from food producers (farms, factories, Technology Readiness Level
warehouses, distributors) by offering them improved economic benefits for their (TRL) - 9
waste. Further, they aggregate this food waste and convert them into nutritious animal
feed ingredients at their processing units which are then sold to feed manufacturers.
Food waste is kept out of landfills, preventing the emission of a significant amount of
Green House Gases (GHGs).
Application - Aggregate food waste and convert them into nutritious animal feed —
ingredients at processing units which are then sold to feed manufacturers.

Achievements
• 6,000 tons of annual food waste upcycled, preventing 18,000 tons of GHG annually
• Presence in India with a focus on future expansion into emerging markets Incubated at
• Growth of 3-4 times year-on-year
• Rs. 10 crore annual run rate from feed ingredient sales
• External investments of Rs. 10.3 crore
Indigram Labs Foundation, New Delhi
https://indigramlabs.org/
[email protected]

94
TECHNOLOGY BUSINESS INCUBATORS (TBIs)
IMPLEMENTING NIDHI-SEED SUPPORT PROGRAM (NIDHI-SSP) OF DST

S.No. NAME OF THE INCUBATOR STATE WEBSITE

1. Ahmedabad University Support Foundation (AUSF) (Venture Gujarat https://ahduni.edu.in/academics/


Studio), Ahmedabad schools-centres/venturestudio/
2. Amrita Technology Business Incubator, Kollam Kerala www.amritatbi.com
3. Atal Incubation Centre – Centre for Cellular & Molecular Telangana http://aic.ccmb.res.in
Biology [AIC-CCMB], Hyderabad
4. Bharatiya Vidya Bhavan’s Sardar Patel Institute of Maharashtra www.sptbi.com
Technology (SPIT), Mumbai
5. BIL-RYERSON Technology Startups Incubator Foundation, Maharashtra http://www.brtsif.com/
Zone Startup Mumbai
6. Centre for Cellular and Molecular Platforms (CCAMP), Karnataka https://www.ccamp.res.in
Bangalore
7. Centre for Incubation and Business Acceleration (CIBA), Maharashtra www.ciba.org.in/mumbai
Vashi, Navi Mumbai
8. Centre for Innovation Incubation and Entrepreneurship Gujarat https://ciie.co/
Initiatives’ (CIIE Initiatives) at India Institute of Management
(IIM) Ahmedabad

9. Chandigarh University-Technology Business Incubator Punjab https://www.cuchd.in


(CUTBI), Mohali
10. COEP’s Bhau Institute of Innovation, Entrepreneurship & Maharashtra www.coep.org.in
Leadership, Pune
11. Coimbatore Innovation Business Incubator Tamil Nadu https://www.forgeforward.in
(CIBI),Coimbatore
12. Dayananda Sagar Entrepreneurship Research and Karnataka https://derbifoundation.com/
Business Incubation Foundation (DERBI), Bangalore
13. Entrepreneurship Development Center (EDC) (Venture Maharashtra www.venturecenter.co.in
Centre), Pune
14. Foundation for Innovation and Social Entrepreneurship Karnataka https://www.socialalpha.org/
(FISE), Tata Trusts, Bangalore
15. Foundation for Innovation and Technology Transfer-FITT, Delhi https://fitt-iitd.in
Indian Institute of Technology Delhi (IITD), Delhi
16. Foundation for Sandbox Startups Initiatives (FSSI), Karnataka https://www.deshpandestartups.
Deshpande Foundation, Hubballi org
17. Gujarat University Startup & Entrepreneurship Council Gujarat www.gusec.edu.in
(GUSEC), Ahmedabad
18. I2D Coimbatore Institute of Engineering & Technology Tamil Nadu www.thecultiv8.com
(CIET), Coimbatore
19. IIM Udaipur Incubation Center, Indian Institute of Rajasthan https://iimuic.org/
Management, Udaipur
20. IIT Gandhinagar Innovation and Entrepreneurship Center, Gujarat https://iieciitgn.com/
Palaj, Gandhinagar
21. Indian Institute of Information Technology Design and Tamil Nadu http://www.madeit.iiitdm.ac.in/
Manufacturing (IIITDM) Kancheepuram, Chennai
S.No. NAME OF THE INCUBATOR STATE WEBSITE

22. Indian Institute of Management (IIM) Kozhikode Kerala www.iimklive.org


23. Indian Institute of Management Calcutta Innovation Park West Bengal www.iimcip.org
(IIMCIP), IIM Calcutta
24. Indian Institute of Technology (IIT), Mandi Himachal Pradesh www.iitmandicatalyst.in
25. Indian School of Business (Dlabs) Gachibowli, Hyderabad Telangana www.isbdlabs.org
26. Indigram Labs Foundation (ILF), New Delhi Delhi https://indigramlabs.org/
27. Indraprastha Institute of Information Technology Delhi (IIITD) Delhi www.iiitd.ac.in
Innovation & Incubation Center
28. International Centre for Entrepreneurship and Technology Gujarat https://icreate.org.in/
(i-Create) Gujarat Foundation Entrepreneurial Excellence
(GFEE), Ahmedabad
29. International Crops Research Institute for the Semi Arid Telangana https://www.icrisat.org/tag/agri-
Tropics (ICRISAT), Patancheru business-incubator/
30. Jain University Incubation Centre, Bangalore, Karnataka Karnataka www.juincubator.com
31. KLE Technological University, Bvd Campus, Vidyanagar, Karnataka www.klectie.com
Hubballi
32. LEAF Incubator Gujarat Law Society (GLS) University, Gujarat www.glsleaf.in
Ahmedabad
33. NS Raghavan Centre for Entrepreneurial Learning Karnataka https://www.nsrcel.org
(NSRCEL), Indian Institute of Management (IIM) Bangalore,
Bangalore
34. Research Innovation Incubation Design Laboratory Maharashtra www.riidl.org
Foundation (RiidL), Mumbai
35. Science and Technology Park University of Pune, Pune Maharashtra https://scitechpark.org.in/
36. Shri Mata Vaishno Devi University, Technology Business Jammu https://www.smvdu.ac.in/
Incubator Center Society (SMVDU TBIC), Jammu
37. SIDBI-Innovation & Incubation Centre (SIIC), Indian Institute Uttar Pradesh https://siicincubator.com/
of Technology (IIT), Kanpur
38. Society for Innovation and Entrepreneurship (SINE), Indian Maharashtra www.sineiitb.org
Institute of Technology, Bombay (IITB), Mumbai
39. Society for Siddharth International Incubation Centre, Andhra Pradesh www.siic.sietk.org
Chittoor
40. SR Foundation (SRiX), Telangana Telangana www.srix.in
41. Sree Chitra Tirunal Institute for Medical Sciences & Kerala https://www.timed.org.in/
Technology, Technology Business Incubator (SCTIMST-
TIMED), Trivandrum
42. Startup Oasis, Jaipur Rajasthan www.startupoasis.in
43. TIDES Incubation Centre, Indian Institute of Technology IIT, Uttarakhand http://tides.iitr.ac.in/
Roorkee
44. Vellore Institute of Technology – Technology Business Tamil Nadu www.vittbi.com
Incubator (VITTBI), Vellore

96
75 PROMISING STARTUPS NIDHI-Seed Support Program

75 PROMISING STARTUPS NIDHI-Seed Support Program


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