ENA Sectors 2025-03-03 15:39:52 <p><span style="font-size:14px"><strong>New Delhi, Mar 3 (KNN)</strong> Anand Agricultural University (AAU), through its Section 8 company AIC Anand Foundation, has sanctioned Rs 1.12 crore to ten agri-startups to drive innovation in the agricultural sector.</span></p> <p><span style="font-size:14px">AAU has successfully incubated over 201 agri-startups, significantly contributing to Gujarats agricultural ecosystem.</span></p> <p><span style="font-size:14px">AIC Anand Foundation operates the Rashtriya Krishi Vikas Yojana (RKVY) agribusiness incubator for Gujarat under the Union agriculture ministrys Innovation &amp; Agri-Entrepreneurship Programme.</span></p> <p><span style="font-size:14px">During a recent startup seed fund awarding ceremony at AAU, successful startups from AAU's incubation program were felicitated.</span></p> <p><span style="font-size:14px">As part of this initiative, ten AAU-incubated startups were selected for funding, with a total sanctioned amount of Rs 1.12 crore. The first installment of Rs 50.80 lakh was disbursed at the event to support their growth and innovation.</span></p> <p><span style="font-size:14px">These funded startups span various agricultural domains and have demonstrated potential for significant impact, according to AAU officials.</span></p> <p><span style="font-size:14px">The selected startups include Fermedicius Labs and Harvtech, which integrate AI and robotics into agritech; One Bee Organic and Desert Energy Foods, focusing on organic food production; Pollan Fertilizer and Terramor Organics, developing natural agri-inputs; Agrobits Green Venture and Esha Sutram, which specialise in waste-to-wealth innovations; MN Sustainable Energy, which enhances farm equipment solutions; and Karbokisaan, which supports medicinal crop cultivation.</span></p> <p><span style="font-size:14px">M K Jhala, director of research, dean of PG studies at AAU, and chairman of AIC Anand Foundation, emphasised the startups role in improving farmers' welfare. AAU Vice-Chancellor Dr. K B Kathiria congratulated the startups, lauding their innovative ideas and societal contributions.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41261 https://knnindia.co.in/news/newsdetails/sectors/aic-anand-foundation-sanctions-rs-112-crore-for-agri-startups-to-boost-innovation-in-agriculture 2025-03-03 15:39:52 knnindia.co.in