Success Stories

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What We Say
Introduction

The Government of Karnataka takes immense pride in announcing the “Karnataka Startup Policy 2015-2020” with the aim of encouraging new innovations and technologies across the State. To enable the Karnataka Startup Ecosystem, a dedicated Council headed by the Hon’ble Chief Minister and a Monitoring & Review Committee Headed by the Chief Secretary have been constituted. Karnataka Startup Cell has been set up to address the needs and demands of the rapidly expanding Startup Community and promote Karnataka’s Startup Ecosystem.

To effectively engage with key stakeholders in the ecosystem, the Hon’ble Minister, IT, BT shall host Startup Karnataka Open House, a monthly event where 15 startups shall be selected from online applications to have a one on one meeting with the Minister and Senior Officials of the Department.

Karnataka Startups

Our success stories

ANB Fuels (MyPetrolPump)
sector: Logistics & Tech
  • Winner of ELEVATE under Elevate 100 – 2017
  • Founded in 2017
  • Raised two rounds of funding, Seed with USD150K and Pre-Series A USD1.7 Million, Total of USD1.9 Million
  • Wharton India Startup Challenge (WISC) winner with USD10K award money
Thinkerbell Labs
sector: Education, Disability
  • Winner of ELEVATE under Elevate 100 – 2017
  • Founded in 2016
  • Raised Equity Investment of INR 2.1 Crore in second round of funding from Let’s Venture, IAN, and Angel Group from Birmingham, 2019. Also raised INR 1.3 Crore in first round from Anand Mahindra and IAN, 2017. Received INR 60 lakhs from other grants and competitions.
  • Awarded from Nasscom Social Innovation, Tech Rocketship Awards, India Inclusion Summit.
NirNal Water Filter
sector: Water purifiers
  • Winner of ELEVATE under Elevate 100 – 2017
  • Founded in 2016
  • Bootstrapped
  • Dr. A P J Abdul Kalam Memorial Awards given by ISBR Bangalore; 3M-CII Young innovation challenge National Award; Winner of Social change & Enterprises by Azim Premji Foundation; Winner of Manthan 2018 FKCCI Govt. of Karnataka; Recognized by the Govt. of Maharashtra State Innovation Society-2019
Atrimed Biotech LLP
sector: Biotech

Winner of ELEVATE under Elevate 100 – 2017

Founded in 2016

Recipient of BIRAC-BIG Fund

Identified as one of “The Most Innovative Biotech Companies to Watch in 2019” by Insights care.

Incubated at the Bangalore Bio Innovation Centre (BBC), Bangalore Helix Biotech Park, Institute for Bioinformatics & Applied Biotechnology (IBAB), Bangalore.

Niramai Health Analytix Pvt Ltd
sector: Healthcare
  • Winner of ELEVATE under Elevate 100 – 2017
  • Founded in 2016
  • Raised pre-series investment of Rs 13 crore ($ 2 million) within seven months since its launch. It also raises $6M Series A funding led by Dream Incubator.
  • Won 2 Graham Bell Awards for Data Science and BIRAC Women in Entrepreneurial Research award
  • Virtually Incubated at K-tech Innovation Hub @ Nasscom10K, Phillips Health Works & Google Accelerator programme (2018) NIRAMAI is the only Indian startup that is recognized on the Top 100 AI startups in the world (CB Insights).
JK Nanosolutions
sector: Cleantech/ Nano Technology
  • Winner of ELEVATE under Elevate 100 – 2017
  • Founded in 2017
  • Bootstrapped INR 2,00,000 paid up capital; Raised Grant Fund of INR. 1.1 Crore
  • Dev Tech Award from Govt. of India, DFID – UK and British High Commission, Tata Social Enterprise Challenge Award from IIM Calcutta (2018), Design Impact Award by Tata Trust and Titan Ltd (2018)

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