Odisha has launched a “Youth Innovation fund” to encourage young entrepreneurs pursue their goals. The state has allocated a fund worth Rs.2 crore for the purpose. Rs 50,000 will be awarded for new ideas and Rs.1 lakh for any demonstrative…
Startup Weekend Concept comes to Bhubaneswar this weekend
GBG, Bhubaneswar, launched in 2013, has over 7,000 members. It may be noted that in 2014, GBG Bhubaneswar was awarded third best Google Start-up Community in the world and has nurtured a strong team of 100 committed citizens and students…
Phoenix Robotix : Startup by Bhubaneswar Students of NIT Rourkela reaches heights in 1st yr
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…
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…