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    Home»Press Release»Indigram Labs Foundation Announces Winners of its Smart Village Program
    Press Release

    Indigram Labs Foundation Announces Winners of its Smart Village Program

    Finance KhabarBy Finance KhabarApril 1, 2020No Comments2 Mins Read
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    New Delhi : Indigram Labs Foundation, a leading agri-tech focused incubator, has announced the winners of its smart village program – ‘Adhunik Gram’, an initiative to empower agribusiness in rural India.

    The winner was IndusTill FarmeTech Pvt. Ltd. which won a cash prize of Rs 1 Lakh. The 1st runner up was Urdhvam Environmental Technologies Pvt. Ltd. which won a cash prize of Rs. 50,000 and the 2nd runner up was Impagro farming solutions Pvt. Ltd. which won Rs. 30,000.

    The program which was launched in September 2019, received over 120 applications of which 14 start-ups were shortlisted and 11 start-ups presented on demo day.

    “Rural India has been getting an insignificant chunk of the pie in the economic plans of the country. The majority of the schemes for rural India are just to help earn a very basic livelihood for the people and not for the upliftment of the rural economy as a whole,” said Dr Manisha Acharya, CEO, Indigram Labs Foundation.

    “Therefore, a balanced approach should be adopted to maintain a balance between rural and urban quality of life. Future course of actions, policies, tools, and instruments should deliver valuable building blocks for ‘Smart Villages’. With a mission for “A Better Life in Rural Areas” we have initiated the Smart Village Program-Adhunik Gram,” she added.

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