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SBI Foundation and Villgro launch 'Innovators for Bharat' for agritech startups

EntrackrEntrackr · 1y ago
SBI Foundation and Villgro launch 'Innovators for Bharat' for agritech startups
Medial

SBI Foundation and Villgro have launched the ‘Innovators for Bharat’ program to support 14 innovative agritech startups. With initial funding of Rs 3.25 crore, the program is unlocking an additional amount through NBFC partner NABKISAN, totaling Rs 6 crore in support for these startups. The initiative aims to help early and growth-stage startups address agricultural challenges and the impacts of climate change. By fostering tech solutions, the program seeks to improve the income and sustainability of smallholder farmers. The 14 supported startups include Bharat Rohan, RAAV Techlabs, Navork Innovations, Marut Drones, GreyMatter (Upaz), Carbon Masters, Raheja Solar, Ekosight, Pasidi Panta, Agrosperity (Kivi), Krimanshi, RuKart, GreenSupply, and E-Feed. These startups focus on reducing post-harvest losses, utilizing agricultural waste, and mitigating CO2 emissions. Over the next two years, the program aims to impact the lives of 10,000 individuals, promote sustainable practices on 60,000 acres, and prevent 15,000 tonnes of CO2 emissions. The program includes funding support from SBI Foundation, which will also offer a network of banking and financial institutions for mentorship, along with partnerships for field trials. Villgro has previously supported 323 social enterprises that raised over Rs 438.8 crore in investments and created 4,922 jobs, positively impacting over 20 million lives. SBI Foundation, the CSR arm of the State Bank Group, works across India to provide resources to vulnerable communities through strategic partnerships.

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Startup Mahakumbh Is The Right Showcase For India’s Manufacturing Push: DPIIT Joint Secy Sanjiv

Inc42Inc42 · 1y ago
Startup Mahakumbh Is The Right Showcase For India’s Manufacturing Push: DPIIT Joint Secy Sanjiv
Medial

The upcoming Startup Mahakumbh event aims to focus on less prominent sectors, such as manufacturing and deeptech. DPIIT joint secretary, Sanjiv, believes these sectors require the most support from the startup ecosystem. The event, taking place in Delhi from March 18-20, will host over 1,000 startups, investors, incubators, and accelerators. It will feature separate pavilions for various sectors such as AI and SaaS, agritech, biotech and pharma, and gaming and esports. Sanjiv emphasized the need for guidance, mentorship, and access to labs and facilities for startups in the manufacturing sector. The event is expected to provide funding opportunities and facilitate collaborations between startups and corporates. Additionally, DPIIT plans to launch the Bharat Startup Ecosystem Registry, which aims to bring together stakeholders in the startup ecosystem and provide valuable information to startups.

SBI launches innovation hub at Singapore Fintech Festival

YourStoryYourStory · 1y ago
SBI launches innovation hub at Singapore Fintech Festival
Medial

The State Bank of India (SBI) has launched an innovation hub in Singapore in partnership with APIX, a global collaborative innovation platform for financial institutions and fintechs. The innovation hub aims to drive financial innovation, digital transformation, and financial inclusion by providing space for fintechs, startups, and innovators to design next-generation financial solutions using SBI's APIs. The hub also offers structured challenges, hackathons, and partnership opportunities for fintechs and startups to gain recognition and reach millions of users in India. Separately, Gupshup, an India-based conversational AI company, has established a presence in Singapore's financial services sector through a partnership with Standard Chartered Bank.

Kotak BizLabs launches Season 2 to support over 75 startups

EntrackrEntrackr · 2m ago
Kotak BizLabs launches Season 2 to support over 75 startups
Medial

Kotak BizLabs launches Season 2 to support over 75 startups Kotak Mahindra Bank has announced the launch of Season 2 of the Kotak BizLabs Accelerator Programme, expanding its flagship CSR initiative aimed at supporting early-revenue-stage startups through deep mentorship, market access, and catalytic funding. Running from October 2025 to November 2026, the new season will support over 75 startups across India, with a continued focus on deeptech, sustainability, clean energy, fintech, digital technology, edtech, agritech, and healthtech. Expanding its national footprint across North, South, West, and Central India, Kotak BizLabs has also onboarded IIT Delhi’s Foundation for Innovation & Technology Transfer (FITT) as a new incubation partner, joining IIMA Ventures, NSRCEL – IIM Bangalore, and T-Hub. Startup selection and acceleration support will be managed by these incubators. In its debut year, Kotak BizLabs received over 1,500 applications from across the country, engaged more than 500 founders through outreach and knowledge sessions, and accelerated 55 startups with structured mentorship and incubation. Of these, 32 ventures received funding support, fuelling their next stage of growth. For Season 2, the programme aims to engage over 800 startups through outreach and knowledge sessions, accelerate more than 75 startups, and extend funding support to over 60 ventures. Season 1 of Kotak BizLabs recognised 32 high-potential startups for breakthrough solutions across agritech, climate tech, fintech, edtech, healthcare, indigenous art & craft, deeptech, cleantech, and sustainability.

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