Saturday, December 7, 2019

VILLGRO ANNOUNCE INVESTMENTS OF Rs.4 CRORES THROUGH I PITCH.

VILLGRO,India's oldest & foremost social enterprise incubator 
announced its 2019 investor's for iPitch & facilitated funding for
Rs.4 crores for innovative start ups across the agri busines,Health
and renewable energy domains.VILLGRO was the lead investor
for start ups in the health sector.It focussed on tech based assistive
technologies that can provide freedom to individuals with disabilities.
BeAble Health,a manufacturer of rehabilitation & medical devices
& Flexmotiv Technologies which create anti slip,all terrain crutches 
received Rs.25.00 Lacs each.

VILLGRO in partnership with Hindustan Unilver Foundation(HUF)
funded 4 start ups dedicated to the conservation & Management of 
water in agriculture.Kritsnam Technologies,building IoT Solutions
which is data driven water management solution,manage water 
resources like lakes,rivers,canals and reservoirs received Rs.50.00 lacs.

Speaking on the funding,Mr.Paul Basil,Founder & CEO Villgro,said,
" The amount of funding offered to these disruptive early stage startups
through iPitch is truly a cause for celebration.On our part,we will continue
to empower such paradigm shifting startups with funding,mentoring 
and with go to market strategies in order to steer them towards resounding 
success".

1 comment:

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