Startup Portfolio

Over the past 3 years, we have received over 1000 applications from different corners of the country. We have handpicked the best ideas and supported over 75 during this time. All supported startups are eligible to receive a startup grant of INR 1.5 L to begin with. On exhibiting signs of market traction, a seed funding of as much as INR 50 Lakhs is provided to a startup. We have provided seed funding to 11 startups till date, while three of these have raised further funding from external investors.

198 employment opportunities and 93 internship opportunities created by startups that we have supported. The startups have won 18 awards at state level, national level and international levels.

40% of all supported startups are from the state of Himachal Pradesh, while 30% of all supported startups are focussed on building solutions for issues in Himalayan region. As many as 18 startup ideas have been initiated by IIT Mandi students or faculty. 40% of these startups are currently surviving while some are thriving.

These startups work in a range of areas including agriculture, healthcare, disaster management, waste management, clean energy and education.

Centre for Entrepreneurship Development

Intiots Technologies

Sector: Disaster management

Intiot Services Pvt. Ltd. is building a unique state-of-the-art low-cost landslide monitoring and warning system that can be installed in landslide-prone hilly areas. This “patented IoT-based system” can be used to warn vehicular traffic at the landslide site via traffic signals as well as warn people living in the vicinity of the site via SMSes. The data generated by the system can be used by policymakers and researchers to monitor landslide activity at the deployment location. The system also comprises a weather station, which could generate weather-related advisories for the farmer.

Website: www.iiots.in

Arnetta Technologies

Sector: Agrotech

Arnetta is a technology firm, armed with a vision to positively impact the data flow in the worldwide agricultural ecosystem. Arnetta’s digital tools automate the business processes of seed enterprises. Arnetta is building a disruptive, digital crop disease diagnostics solution enabling farmers and the allied agricultural ecosystem to optimise farmer efficiency and farm productivity. Arnetta Technologies currently has operations in Bangalore, India and Des Moines, Iowa, USA. Arnetta’s goal is to incrementally impact the automation in the global agricultural enterprise ecosystem through design, development and deployment of cost-effective digital tools.

Website: www.arnettatech.com

The Solar Labs

Sector: Solar Installations

TSL is enabling solar vendors through image technology for the process of site surveys and capacity analysis for faster, better and less costly solar installation. The Solar Labs believe that renewable is the need of the hour and that with each home installing solar they are contributing to a better future for the society and also helping the homeowners get additional income and make savings. Using advanced computer vision techniques to analyze your house, and design for you the ideal system possible, all automatically. TSL is also developing tools for this which can be eventually used by solar installation companies

Website: www.thesolarlabs.com

SKPL Antrepriz Solutions

Sector: Travel management

Antrepriz is re-imagining and re-engineering the corporate travel ecosystem by providing a 2 part (APP + SaaS) solution to manage all ‘Travel & Expense’ category expenditures done by employees. Using artificial intelligence and machine learning they are making it absolutely simple for companies to define expense and reimbursement policies for all their employees, and then by using one point mobile application EKA, employees can call cabs, order food or book entire business trips without worrying about creating or filing expense reports. With EKA’s business credit wallet, payment will be done in real time hence no use of credit card, no reimbursement, no pain.

Website: www.antrepriz.com

Biofi Medical Healthcare India

Sector: Healthcare

Biofi is working on a low-cost, non-invasive blood glucometer, which works on NIR (Near InfraRed) technology. Biofi has a bigger vision of simplifying health management systems, by enabling data-driven decisions for both the user/patient and the physician. They have taken the first step towards this by focusing on simplifying diabetes management, which is widespread in our nation, with a constant increase in their numbers.

Website: www.biofimed.com

Genetico Research & Diagnostics

Sector: Healthcare

Genetico aims to reduce time to diagnosis and enable new medical discoveries in the field of rare and genetic diseases in India. It’s flagship product is a decision support software to assist clinicians and medical geneticists in developing differential diagnosis strategies while enabling enabling collaborations with peers and other experts in the ecosystem

Leopan Motors

Sector: Renewable Energy

Leopan Motors is developing an Electric Auto Rickshaw that is equipped with the technology of Self Charging System and able to charge its batteries from 50% to 80 % itself. Self Charging System is a combination of multiple solar panels, which helps to maintain the backup of batteries all day and provide the required energy to the electric motor to drive the vehicle efficiently. It saves valuable time for its consumers as well as household electricity also.

HFIL Technologies

Sector: Energy Tech

HFIL is an IOT based product development organization, currently developing products to solve problems of the energy sector. They are building a Prepaid Energy Meter with a unique recharge functionality for rural areas. This will automate the meter reading and billing process. Hence the delay, inaccuracy in billing, manual efforts, and payment disputes will be eradicated. This will bring authenticity and transparency in the billing process.

Website: www.hfilabs.com

Descatuk

Sector: Textile

Descatuk – Dev Ethical Sustainable Crafts and Textiles is a b2b social impact startup for fashion goods to people and planet. They are working with locally available resources and creating a business model for supporting livelihood to local people by researching locally available fibers to develop more eco-friendly fabrics.

Website: www.descatuk.com

Green Trek Research & Development

Sector: Waste Management

Green Trek is a solid waste management company that recycles steel waste such as ores,oxides and metallic scrap.Through it’s process, it converts these wastes into molten metal by use of pyrotechnic composition having a high purity of Fe 99.6%+. With the required alloying of this molten metal, it is then converted into high value steel & alloy castings for various industries.

Website: www.greentrek.co

Datakund

Sector: Enterprise Management

Datakund is building automation tools for businesses that are using any digital medium regularly as part of their business process. Where the world is focused on building web applications, Datakund is focused on building bots to automate all those applications. Primarily the focus of DataKund is towards building tools for Digital Marketers, E-commerce Sellers and Freelancers.

Website: www.datakund.com