Social enterprise incubator Villgro sets aside Rs 3 Cr corpus for social enterprises

At Villgro?s iPitch, the funding per enterprise varied from Rs 25 lakh to Rs 50 lakh, and the enterprises were shortlisted from nearly 1,200 applications.Villgro, the social enterprise incubator, rece...

Update: 2018-12-13 06:19 GMT
  • At Villgro’s iPitch, the funding per enterprise varied from Rs 25 lakh to Rs 50 lakh, and the enterprises were shortlisted from nearly 1,200 applications.Villgro, the social enterprise incubator, recently announced a seed funding of over Rs 3 crore to help social enterprises.
  • Some of Villgro’s focus areas include education and employability, agribusiness, skill-development, healthcare, arts & crafts, energy and clean-technology.The funding per enterprise varies from Rs 25 lakh to Rs 50 lakh, and the enterprises were shortlisted from nearly 1,200 applications.
  • Kozhnosys Pvt LtdAfter raising Rs 30 lakh funding from Venture Center at the event, Kochi-based Kozhnosys Pvt Ltd, a startup that develops biomedical devices, is now developing non-invasive diagnostic solutions for cancer.
  • Still at the research stage, the company is developing a portable device that will make breast cancer screening cheaper.
  • The startup walked away with a funding of Rs 25 lakh from Kalinga Institute of Industrial Technology, Bhubaneshwar.4.

Similar News