Leveraging this extensive expertise, the partnership with NSRCEL will extend support to 4-6 revenue-generating startups, enabling them to advance along their growth trajectory.
Startups selected for support will operate in key sectors, identified for their transformative potential in biotechnology and Life science, Agri-tech, Animal nutrition and Electric Vehicle (EV) / lithium-ion battery-related solutions.
Recognising the substantial investment required to drive innovation in these sectors, each selected startup will receive a minimum grant of Rs 10,00,000, with the possibility of higher amounts based on milestones achieved. The allocation of grants will be milestone-based, ensuring optimal utilisation of resources and incentivising tangible progress.
As the collaboration between NSRCEL and Jubilant Bhartia Foundation takes shape, the stage is set for a new wave of innovation and impact in India's startup landscape. Through targeted support and strategic guidance, these ventures are poised to catalyse positive change and
Ventures like Gokrit (Agriminids Innovation), Reviva (Quretec Wellness), Unino Healthcare, Agro Rangers Trust, Sunbird (Brownreed Agri Waste Innovations) and Doctor Spectra Technology Services have been offered funding support as part of this engagement. These startups operate within the sustainability, health and wellness, health tech, circular economy and agri-tech sectors.