Kerala startups bag national level innovation funding in IIGP
Three startups mentored by the Kerala Startup Mission (KSUM) have bagged a seed funding of up to Rs 25 lakh each in the India Innovation Growth Programme (IIGP) at New Delhi.
This would enable them to scale up their operations and accelerate market penetration, a press release said. The Kerala-based startups- Genrobotic Innovations, Irov Technologies and Sastra Robotics- were among the 16 winners, who will also get an opportunity to undergo an incubation process along with mentoring support.
IIGP 2018 edition was a combined initiative of Department of Science and Technology (DST), Government of India, Lockheed Martin, and Tata Trusts. This programme aims to support the Government of India's missions of "Start-up India" and "Make in India." It provides an innovation ecosystem to enable innovators and entrepreneurs to develop technology-based solutions.