On Wednesday, IndianWeb2 reported that 12 startups were awarded INR 3.18 Cr by Priyank Kharge at a ceremony held yesterday. Startups were from varied segment like Agritech, Biotech, Security, Robotics & Communications. Selection was based on technology, feasibility and innovation.
It will disburse the funds under its Idea to Proof of Concept (Idea2POC) Grant Scheme, which is part of the broader Karnataka Startup Policy 2015-20
Sirena Technologies and Geotraq Safety -- both based out of Bengaluru -- were highest grants paid startups who received Rs 48 Lakhs and Rs 45 Lakhs respectively.
All 12 startups will get additional funding in tranches as per the need through their business life cycle.
Below are the chosen 12 startups -
Received -- Rs 10 lakh
Founders- Chethan Channakeshava and Pratap Palthady
Founded in 2014, DrLive is a healthcare platform to implement tele-medicine programs on mobile devices. It plays an important role in the supplemental management of chronic conditions. The platform enables secure audio-video medical consults with a mission to emerge as a new frontier in tele-medicine -- one that offers safe, convenient, and cost-effective options for users via mobile and web applications. DrLive also enables mobile based practice management software which includes secure instant messaging, a robust appointment booking and queuing system to help doctors connect with their patients both virtually via video and physically at their practice.
Received -- Rs 30 lakh
Founder- Soumik Ukil and Ravi Shenoy
Founded in 2015, LightMetrics' smartphone based driver monitoring solution gives a 360-degree view of driving behavior by providing visual context to driving data. Enterprises on their platform are able to accurately monitor their fleets on safety and compliance, mitigating risk and associated losses, and protecting brand value. Data driven driver profiles help in better insurance pricing, and more constructive feedback for performance improvement.
Received -- Rs 30 lakh
Founder- Anand Sivaram, Kiran Nayak and Niteesh kumar
Founded in 2016, PiOctave Solution is a creative product design team that specializes in premium video enabled smart systems. They design and manufacture computer vision products to meet future smart home security needs.
Received -- Rs 30 lakh
Founder- Gowrav L, Sachin Anchan A B and Mallikarjuna N
Founded in 2015 and based out Hassan, GeekSynergy aims to provide cutting edge innovative products that are meaningful and strives to surpass the expectation of customers. They aim to educate their customers and deliver the products that helps them. The founders of GeekSynergy are innovators with experience in Research and Development, with good track records in research publishing and patenting. GeekSynergy was born as a result of long term relationship and commitment of founders who believe in using technology to serve mankind.
Received -- Rs 20 lakh
Founded in 2016, the company will bridge the field requirement in robotics, agriculture and forestry automation, UAVs/Drones and their application in civil and military.
Received -- Rs 30 lakh
Founders- Neha Satak and Prasad H L Bhat
Founded in 2015, Astrome is an Indian space technology company aims to provide high speed broadband internet from space. To achieve this, they are developing next generation technologies that will have high impact on the lives of people. High-speed broadband which is currently limited to urban areas, will be made location independent by our Advanced High Throughput Satellites (HTS). They are incubated at the Indian Institute of Science, India’s premier research institute.
Received -- Rs 20 lakh
Founded in 2014, EsyaSoft Technologies Pvt Ltd enables the modernization of power distribution networks, and help energy companies to reduce costs, improve network efficiency and increase revenues. Startup collaborate with leading energy utilities, government agencies, OEMs and system integrators to provide technology and analytics solutions, products and services.
Received -- Rs 10 lakh
Founder- Shankar
NAMMA CYCLE is a public bicycling initiative in Bangalore with the aim of increasing connectivity and creating environmentally friendly modes of public transportation. The name is inspired from ‘namma’, which means ‘ours’ in Kannada, and signifies the concept of shared ownership.
A pilot initiative at the Indian Institute of Science (IISc), Bangalore with 150 cycles sponsored by TI Cycles India, part of the Muruguppan Group based out of Chennai, and 4 bicycle station racks sponsored by BCIL, a biodiversity company based in Bangalore will soon be expanded to include more bicycles, stations and a wider area.
Received -- Rs 48 lakh
Sirena Technologies was formed with a purpose to bring innovative world-class products to the market; designed and developed in India, leveraging global ecosystem. The company focuses on products for education, entertainment, and smart homes through disruptive technologies and aims at transforming education and consumer electronics markets – with strategic focus on price sensitive markets. Sirena’s completely home grown Robotic-Platform, brings unique value proposition for the technical institutions & schools providing them an opportunity to do research, learn & contribute.
Received -- Rs 45 lakh
Details not available
Received -- Rs 15 lakh
Details not available
Received -- Rs 30 lakh
Details not available
It will disburse the funds under its Idea to Proof of Concept (Idea2POC) Grant Scheme, which is part of the broader Karnataka Startup Policy 2015-20
Sirena Technologies and Geotraq Safety -- both based out of Bengaluru -- were highest grants paid startups who received Rs 48 Lakhs and Rs 45 Lakhs respectively.
All 12 startups will get additional funding in tranches as per the need through their business life cycle.
Below are the chosen 12 startups -
Dr Live Software
Received -- Rs 10 lakh
Founders- Chethan Channakeshava and Pratap Palthady
Founded in 2014, DrLive is a healthcare platform to implement tele-medicine programs on mobile devices. It plays an important role in the supplemental management of chronic conditions. The platform enables secure audio-video medical consults with a mission to emerge as a new frontier in tele-medicine -- one that offers safe, convenient, and cost-effective options for users via mobile and web applications. DrLive also enables mobile based practice management software which includes secure instant messaging, a robust appointment booking and queuing system to help doctors connect with their patients both virtually via video and physically at their practice.
Lightmetrics
Received -- Rs 30 lakh
Founder- Soumik Ukil and Ravi Shenoy
Founded in 2015, LightMetrics' smartphone based driver monitoring solution gives a 360-degree view of driving behavior by providing visual context to driving data. Enterprises on their platform are able to accurately monitor their fleets on safety and compliance, mitigating risk and associated losses, and protecting brand value. Data driven driver profiles help in better insurance pricing, and more constructive feedback for performance improvement.
PiOctave Solutions
Received -- Rs 30 lakh
Founder- Anand Sivaram, Kiran Nayak and Niteesh kumar
Founded in 2016, PiOctave Solution is a creative product design team that specializes in premium video enabled smart systems. They design and manufacture computer vision products to meet future smart home security needs.
GeekSynergy Technologies
Received -- Rs 30 lakh
Founder- Gowrav L, Sachin Anchan A B and Mallikarjuna N
Founded in 2015 and based out Hassan, GeekSynergy aims to provide cutting edge innovative products that are meaningful and strives to surpass the expectation of customers. They aim to educate their customers and deliver the products that helps them. The founders of GeekSynergy are innovators with experience in Research and Development, with good track records in research publishing and patenting. GeekSynergy was born as a result of long term relationship and commitment of founders who believe in using technology to serve mankind.
ispAgro Robotics
Received -- Rs 20 lakh
Founded in 2016, the company will bridge the field requirement in robotics, agriculture and forestry automation, UAVs/Drones and their application in civil and military.
Astrome
Received -- Rs 30 lakh
Founders- Neha Satak and Prasad H L Bhat
Founded in 2015, Astrome is an Indian space technology company aims to provide high speed broadband internet from space. To achieve this, they are developing next generation technologies that will have high impact on the lives of people. High-speed broadband which is currently limited to urban areas, will be made location independent by our Advanced High Throughput Satellites (HTS). They are incubated at the Indian Institute of Science, India’s premier research institute.
Esyasoft
Received -- Rs 20 lakh
Founded in 2014, EsyaSoft Technologies Pvt Ltd enables the modernization of power distribution networks, and help energy companies to reduce costs, improve network efficiency and increase revenues. Startup collaborate with leading energy utilities, government agencies, OEMs and system integrators to provide technology and analytics solutions, products and services.
Namma Nimma Cycle Foundation
Received -- Rs 10 lakh
Founder- Shankar
NAMMA CYCLE is a public bicycling initiative in Bangalore with the aim of increasing connectivity and creating environmentally friendly modes of public transportation. The name is inspired from ‘namma’, which means ‘ours’ in Kannada, and signifies the concept of shared ownership.
A pilot initiative at the Indian Institute of Science (IISc), Bangalore with 150 cycles sponsored by TI Cycles India, part of the Muruguppan Group based out of Chennai, and 4 bicycle station racks sponsored by BCIL, a biodiversity company based in Bangalore will soon be expanded to include more bicycles, stations and a wider area.
Sirena Technologies
Received -- Rs 48 lakh
Sirena Technologies was formed with a purpose to bring innovative world-class products to the market; designed and developed in India, leveraging global ecosystem. The company focuses on products for education, entertainment, and smart homes through disruptive technologies and aims at transforming education and consumer electronics markets – with strategic focus on price sensitive markets. Sirena’s completely home grown Robotic-Platform, brings unique value proposition for the technical institutions & schools providing them an opportunity to do research, learn & contribute.
GeoTraq Safety
Received -- Rs 45 lakh
Details not available
EasyKrishi
Received -- Rs 15 lakh
Details not available
Selfdot Technologies
Received -- Rs 30 lakh
Details not available
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