INCUBATEE BUZZ
 
Startup Oasis Invests Seed Fund in Fluid Robotics through SAP INNOCITY Program
 
Fluid Robotics through the use of Robotics and Information Technology helps cities take control of water pollution caused due to untreated wastewater entering lakes, rivers and groundwater. The company offers a cloud-based data management platform to manage assets like water pipelines, oil pipelines etc.
 
 
Their projects with MCGM (Powai lake and Mithi River rejuvenation), have been able to treat over 400 MLD of untreated wastewater while preventing thousands of hours of manual scavenging.
India Wastewater TreatmentPlants Market wastewater treatment plants market in India is projected to grow at a CAGR of over 12% during 2016-2021” - TechSci Research report
 
 
 
Startup Oasis Committed Seed Fund in Wide Need under SAP Innocity Program
 
Wide Need is engaged in producing a proprietary, sustainable and hygienic solution to the basic human problem of peeing when access to washroom becomes difficult. Peeschute is an innovative unisexual pocket toilet that is totally biodegradable and environment- friendly, which instantly turns urine into thick odourless gel.
 
The applications of the product line can be broad enough right from tourism, travel space to people who suffer immobility issues, and face repeated challenges for peeing.
“Considering the new boom of Clean India Mission, the feminine hygiene products market, which was valued at $340 Mn in 2017, is predicted to grow to > $500 Mn by 2020 in India” - Stratview Research.
 
 
 
Tan90 Thermal Solutions Raised Follow on Fund
 
Tan90 Thermal Solutions is a company that aims at enabling and democratizing cold storage logistics by providing portable cold storage. They have been funded and incubated at Startup Oasis, Jaipur under DFID UK, TDB GoI supported INVENT program since 2019. They have recently raised follow on funding from Social Alpha.
 
Each portable box is powered by thermal batteries which maintain the temperature of the perishables kept inside the box with capacity of 58 litre that simplifies the transportation problem from the farm-to-fork and last-mile delivery meeting the needs of a marginal farmer.
 
 
Loanwiser Raises Equity Funding (Co-Investment)
 
 
Loanwiser offers multi-bank loan advisory services to digital savvy and informal segment customers. They have been funded and incubated at Startup Oasis, Jaipur under SAP India Funds and supported under INNOCITY program.
 
They enable citizens to apply for a loan as per their specific requirements, and in a single application, one gets loan offers from multiple banks and chooses the best offer. Their online platform is well supplemented by GST Suvidha Kendra and E-Mitra centers for offline support. They have recently raised an Equity fund from the Angel Investors.
 
 
 
Medcords Raised Pre-Series A Funding from the Existing Investors (Follow-On-Funding)
 
Medcords is India’s first digital & ML powered healthcare platform designed for India and developing countries. Started with a vision to make healthcare affordable and efficient, they enable healthcare stakeholders to make real-time data-driven decisions.
 
Their cloud-based platform has been designed to cater to every citizen who has a phone connection where they get their health profile digitized and can also take consultations.
They have been funded and incubated at Startup Oasis, Jaipur under DFID UK, TDB GoI supported INVENT program since 2017. They have recently raised follow-on-funding from their existing investors Info Edge and WaterBridge.
 
 
 
Fabric Monde listed in Forbes 30 Under 30 Asia
 
Ranjith J N and Hemalatha  Kanneganti, along with Jyothirmayi Dakkumalla, set up Fabric Monde in 2017 to connect small scale handloom and textile manufacturers/ clusters to top brands and large format retailers. They have a supply chain in six Indian states and work with 450 small and medium handloom and textile clusters.
 
Through their App, suppliers can manage their inventory and upload their swatches which buyers can see before ordering.
They have been funded and incubated at Startup Oasis, Jaipur under DFID UK, TDB GoI supported INVENT program since 2018.
 
Visit: www.fabricmonde.com
 
Startups Achivements
 
Animal Husbandry Grand Challenge
 
The ministry in partnership with Startup India had launched the 'Animal Husbandry Startup Grand Challenge' to scout for innovative and commercially viable solutions to address the problems faced by the 'Animal Husbandry and Dairy Sector.'
 
1. Krimanshi Technologies -
Krimanshi works on sustainable and unconventional feed systems to feed the animals by valorizing food residues and surplus into highly nutritious feeds. The right balance of green and concentrate feed could increase milk production by 20% while saving 20-30% on the cost of production. They won the Challenge under the Animal Nutrition category.
 
 
2. EmerTech Solutions Pvt. Ltd. -
EmerTech Innovation is committed to bring about social good through the use of emerging technologies such as Blockchain and IoT by removing the middlemen/ traders so that farmers gain control of their produce and reap better returns. They won the Challenge under the Product Traceability category.
 
 
3. Micro Life Innovations -
The objective of the company is to make milk adulteration detection devices to screen milk at the procurement level to reduce the amount of adulterated milk in the Indian organized dairy sector. They have developed Milk Adulteration Detection (M.A.D) paper strips and devices that detect seven adulterants in less than 60 seconds. They were the runners up in the Challenge under Eliminating Milk Adulteration category.
 
 
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