Bhubaneswar, Oct 27 (KNN) For the development of the startup ecosystem in Odisha, their Startup Task Force has sanctioned Rs 20 lakh to two incubators.

Sanctioning grant of Rs 1.53 crore to 23 startups the businesses would be helped in product development, marketing assistance as well as with their monthly allowance.

With this, the number of startups getting grants went up to 269 in the State.

The startups that received the financial incentive are AUUM Platforms, MATI Farms, Odicast Digital LLP, TS Originals Pvt Ltd, Kodigerao Innoventures Private Limited, MyOrg360 Innovations Private Limited and Clavictor Academy Pvt Ltd.

Other startups working on sustainable lifestyle, biofertilisers, organic food, electric vehicles and Augmented reality (AR) and Virtual Reality (VR) also received fiscal incentives provisioned under the Odisha Startup Policy (OSP).  (KNN Bureau)