Karnataka’s ‘Elevate 100’ program funds 35 crores to startups in the AVGC industry
Posted in: Animation
At Extreme Right, Minister for IT, BT and Tourism at Govt of Karnataka Priyank Kharge
In a landmark movement to foster the development of the start-up ecosystem in the state, Karnataka organised an ‘Elevate 100’ programme and funded Rs. 35 crore for the top 100 start-ups.
With no less than 1700 start-ups competing for the coveted spots, the figures were filtered down to 270 by the final round. Additionally, 300 women entrepreneurs and 400 applicants from rural areas participated in the programme.
The Elevate 100 roadshow traversed all nooks and crannies of the state in search of 100 innovative start-ups. The search culminated on Tuesday at the Hotel Lalit Ashok where Native Puppets were crowned winners.
Priyank Kharge at the centre with the winners
The Bangalore based animation studio, along with the rest in the top 100, will bag home $20,000 worth of credits as per the deals that the government signed with private firms.
The 100 start-ups were bifurcated as 27 electronic semi-conductor design, 26 from IT, 19 from life sciences, 11 from bio-tech and agri-tech, and four each from animation, gaming and clean tech.
Upon the tremendously successful response received, Information Technology and Tourism minister Priyank Kharge said, “The efforts of the Karnataka government doesn’t stop at elevating the chosen 100. We see Elevate 100 as a continuing process where the best ideas from the state gets the support and guidance it deserves.”
Below is the list of the firms that made the cut into top 100:
- 5W Ventures
- Aadyah Aerospace
- Afterglow Tech
- Aissel Technologies
- Ameliorate Biotech
- Amvicube
- ANB Fuels
- Anekastra Software Technologies
- Aptener Mechatronics
- Arksa Research Labs
- Atrimed Bio-tech LLP
- Audicor Cardiometrics
- Bellatrix Aerospace
- Bigsolv Advanced Labs
- Biodesign Innovation Labs
- Bio-lutions Eco Tech India
- Bitgram Technologies
- Brainybatch Technologies
- Breathe Applied Sciences
- Caltech Innovations
- Cardiac Design Labs
- Chigru Innovations
- Chronosphere Technologies
- Clean Bill of Health
- Coeo Labs
- Cyclops Medtech
- Dataglen Technologies
- Denovo Biolabs
- Diponed Bio
- Eflight (Ghagan Aviation)
- Ethnus Technologies
- Eventosaur
- Exceltech
- Fyle
- Geek Labs
- Gingermind Technologies
- Graphene
- Green Robot Machinery
- Happy Reliable Surgeries
- Havstruck Solutions
- Hublin Enterprises
- I-BYK
- Innodi Water Treatment Technologies
- Innov4sight Health and Biomedical Systems
- Intellicar Telematics
- Iosynth Labs
- Jankaar Initiatives
- Jk Nanosolutions
- Jouska Tech
- Lab4life Bioresearch
- M/s Nirnal Water Filter
- Maantrika Studios
- Magveh Energy Recovery Systems
- Meladath Auto Components
- Mendonca Medical Biotech
- Mother Diagnostic Systems
- Mygram Connect
- Native Puppets Animation Studio
- Nayagaadi
- Nexus 3d
- Niramai Health Analytix
- Nopo Nanotechnologies India
- Nymble Labs
- Olivewear
- in
- Oust Labs India
- ParkingRhino Online Services
- PathShodh Healthcare
- Personal Air Quality Systems
- Perspectiv Labs
- Project Mudra (Thinkerbell Labs)
- Quick Logi Technologies
- Qunu Labs
- R2 Pro
- RDL Technologies
- Retisense Tech India
- Sascan Meditech
- Scalend Technologies
- Scapic
- Scintilla Bio-Marc
- Siamaf Healthcare
- Skykrafts Aerospace
- Snaptrude Technologies
- Spookfish Innovations
- Str8bat Sport Tech Solutions
- String Bio
- Symbosim Simulations
- Tactile education Services
- Tagbox Solutions
- TDW Technologies
- Tenxer Technologies
- Text Mercato Solutions
- Touchetech Labs
- Trakray Innovations
- Trans Neuron Technologies
- Trashcon
- Urban Bikes
- Varnaaz Technologies
- Vaultedge Software
- Videoken Software
The post Karnataka’s ‘Elevate 100’ program funds 35 crores to startups in the AVGC industry appeared first on AnimationXpress.
