Started in August 2014 by Mr. Amiya Kumar Samantaray, Phoenix Robotix hosted by NIT Rourkela has reached great heights in the one year of operation. Gathered a team of 12 dedicated members under various portfolios and bootstrapped its way to…
Startup by NIT Rourkela Students Estinno Designs prototype for US Patented Product
Mothers Helper , a product patented in U.S. and designed and prototyped by E S T I N N O , a NIT Rourkela based startup focused on designing manufacturing and marketing of innovative need based products. The product was…
Ritesh Agarwal – left home in Odisha early, first Indian to win Thiel Fellow, OYO Rooms CEO
When Ritesh Agarwal walked into a meeting with venture investor Bejul Somaia last year, his rucksack attracted immediate attention. Curious as to what the young entrepreneur was carting around, Somaia asked him about it and was amazed to hear the…
A big shout out to all Odisha based education startups to apply for Unitus Seed Fund’s StartEdu 3 competition
A great news for all Odisha based startups that are working on solving major education issues. Leading Impact investor Unitus Seed Fund has announced a nationwide challenge to identify promising education startups focused on serving the underserved. The StartEdu Competition…
MySmartPrice Startup by Odisha based NIT Rourkela Engineers Raises $10M
India’s e-commerce boom continues unbounded. Beyond the top players such as Flipkart and Snapdeal raising billions to support their capital intensive businesses, startups in other parts of the online retail space are raising significant numbers too. One such company is MySmartPrice,…
Odisha floats 100 Crore Venture Capital Fund to fund Startups in MSME sector
In a bid to make available seed funding to start-ups in the Micro, Small & Medium Enterprises (MSME) sector, the State Government today has floated Odisha Venture Capital Fund (OVCF) with a corpus of Rs 100 Crore. OVCF would provide…
Odisha based Diary Startup Milk Mantra goes national with Health Drinks launch
Odisha’s first venture capital funded startup Milk Mantra has gone national with the launch of MooShake, a dairy-based health drink. The first milk product in the country to be blended with curcumin, a turmeric extract, has been launched in Bengaluru.The…
Video Analytics Startup Vidooly with Cofounder from Odisha raises 6.4 crore
Online video analytics start-up Vidooly has raised Rs 6.4 crore from venture capital firm Bessemer Venture Partners, which was among the first investors in LinkedIn and Skype. Founded by Ajay Mishra in 2014 along with friends Subrat Kar and Nishant…
Startup by NIT Rourkela Engineers MySmartPrice ranked second among 5 yr old startups
Sitakanta Ray and Sulakshan Kumar, both in their mid-30s and friends for 17 years, remember October 2010 vividly. It was when their long-held ambition to start a business reached tipping point. Both quit jobs they had been holding for years.…
Bhubaneswar based ESSPL Software buys UK based firm ION IT
Enterprise System Solutions Pvt. Ltd (ESSPL), a Bhubaneswar-based global technology services provider, has entered into a definitive agreements to acquire ION Information technologies Ltd (ION IT), a UK software services firm. The acquisition will be done through ESSPL subsidiary UK…