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…
Odisha to consult with IIM-A and TechPedia to formulate entrepreneurship policy
Odisha government has decided to rope in Indian Institute of Management (IIM), Ahmedabad and Techpedia, a portal of technology projects that links young minds with the needs of industry and grassroot innovators, to finalise its entrepreneurship development policy. The entrepreneurship…
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.…
Does Bhubaneswar have an appetite for Modern Art? An entrepreneur carving it
Art promoter Arun Kumar Bera is bent on proving that there is indeed a market for modern art in Odisha Combining culture with commerce, Bhubaneswarbased bankerturnedart collector Arun Kumar Bera has been scripting an inspiring success story as an entrepreneur…
How Startups are slowly growing in Bhubaneswar – InDNA incubation a case in point
Away from the metros and India’s Silicon Valley, a quiet revolution is brewing in the country’s tier-II cities. A whole bunch of startups is being incubated in research institutions that are fostering cutting-edge ideas and seeing the companies through their…