The Ministry of Electronics and Information Technology (MEITY) and innovation ecosystem T-Hub announced that 13 Indian startups in the hardware and internet of things (IoT) sectors will each receive a grant of Rs 7.5 lakh from MeitY as part of Digital India’s Scale Up programme on Thursday.
According to T-Hub, this is a partial grant that has been distributed to startups that have demonstrated proof of concept, built a customer base, and shown the ability to scale across the country. The remaining funds will be distributed once they have completed the programme.
Bariflo Labs, Startoon Labs, Ayasta Technologies, BluArmor, Detect Technologies, Greenies, MLIT Solutions, Mobilytics, Nemocare Wellness, Rizel Automotive, SatSure Analytics India, Swaayatt Robots, and RoadMetrics are among the startups that have been chosen.
“T-Hub’s collaboration with MeitY is targeted to support startups that are ready for the growth phase and make the best use of the grants provided. The selected startups now can leverage the provided leading corporates and specialised mentors and continue the acceleration journey for respective businesses,” Srinivas Rao Mahankali, CEO of T-Hub, said in a statement.
Get to know the pulses of the Indian startup ecosystem in reality by attending “INDIA FIRST TECH STARTUP CONCLAVE & AWARDS’22-Delhi Chapter” organized by the All India Council for robotics and automation, supported by the Ministry of electronics and information technology.
The event is scheduled to be held on the 17th and 18th of February 2022, marking the biggest tech startup event this year. The event brings together the speakers that are the best breed of entrepreneurs, innovators, venture capitalists, government department’s representatives, business model creators, consultants, policy-makers, academicians, support groups, business coaches and business practitioners.
The Platform helps startups to ramp up their innovative ideas and show off their services and products to attract investors. The experts of the industry will address and discuss all the innovations happening around the startup environment that youth empowerment and new-age tech business ideas can grow.
Click to know more about India’s biggest tech startup event: https://www.aicra.org/events/delhi/index.php