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10/08/2018 02:38pm

266 startups recognized under Startup Odisha initiative

image 266 startups recognized under Startup Odisha initiative

New Delhi, Aug 10 (KNN) With the addition of few more startups, the number of startups recognized under the startup Odisha initiative has gone up to 266, informed Startup Secretariat at the 9th meeting of Task Force of Startup Odisha.

The meeting was chaired by LN Gupta, Additional Chief Secretary MSME.

Extending support to startups, the Task Force sanctioned product development & marketing assistance of Rs.10 lakhs each to M/s. Medtel Healthcare Pvt. Ltd. and Maiestas Technologies Pvt. Ltd.

The M/s. Medtel Healthcare Pvt. Ltd. is working in the one of digital pharmacy/ healthcare whereas the Maiestas Technologies Pvt. Ltd. is working in the area of Industrial LED manufacturing.

The Task Force also considered and sanctioned ‘Monthly Assistance’ in favor of 04 Startups namely, Basic Trip Life Pvt. Ltd. (hospitality and travel), Captivating Epicure Pvt. Ltd. (e-meat delivery), Forestica Booty Pvt. Ltd. (herbal products) and Serene Design & Marketing Pvt. Ltd. (innovative designer products based on belmetal, brass, textiles etc.).

It is noteworthy that two of these startups i.e. Basic Trip Life Pvt. Ltd. and Serene Design & Marketing Pvt. Ltd. are led by women entrepreneurs.

With these benefits, the number of startups assisted under Startup Odisha has gone up to 36 given total 46 benefits.

The Task Force also accorded recognition to two new incubators namely, SSU Innovations Pvt. Ltd. of Sri Sri University and Srusti Academy Development Foundation of Srusti Academy of Management.

With these, the number of incubators approved under the Startup Odisha has gone up to 09.

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