Alnourish - Alnourish has received a sustenance allowance from Istart under the Government of Rajasthan through which they will be receiving INR 10,000 per month for 1 year. Besides this, in total they have raised capital from equity investors.
Bonfarmo is in the process of receiving a grant of INR 5 lacs from Pusa Institute’s incubator. They were also given the opportunity to avail a grant of INR 25 lacs.
Zalonin won the first prize on November 8 at Shark Tanks organized at J.M.C.
The incubatees which have been funded in 2018-19 and 2019-20 with key focus on business performance are Alnourish (3.5 lacs), Bonfarmo (2.69 lacs), Zalonin (fund of 4.5 lacs), ACM Productions (fund of 1.75 lacs), Datsme (3.39 lacs), Scavengers Network Private Limited (INR 71,000), Vkarma Edutech (INR 87,000), Mechfuse (INR 73,000), Bageera (INR 75,000) and Wheelbox Private Limited (INR 50,000). The startups funded in 2017-18 are Readerscrib (fund of 3.5 lacs), Triposse (3.6 lacs), Edzofit (2 lacs), Cachefi (5 lacs). We have been able to successfully fund startups to enable them to do deliver quality value to their customers. Pre-incubatees are HelponAir, LoCo and Neem Agro Solutions.