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ILF supplies farmers and rural communities with expert knowledge, technical innovations, and livelihood and business skills to sustainably grow their way to abundant harvests and increased income opportunities with the aim to transform and revitalize rural communities. Please find below various information about our organization, activities, and financials. If you require more information or would like to speak to us directly, please reach out at tbi@indigramlabs.org
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August 23, 2020 0

After a successful launch of the first cohort of the accelerator program, Surge, Sequoia has selected 20 startups under the second edition. Among them, 13 startups have been picked up from India, whereas rest belongs to Southeast Asia.

While the startups from the first cohort are still growing and raising fresh capital from the Silicon Valley-based venture capital firm, selected startups from the second batch also started receiving capital from Sequoia Capital.

Kicking off the first funding round soon after getting a seat in Surge, Bijak, an agritech platform, has raised $2.5 million (Rs 18.5 crore) from Surge Venture II and Omidyar Network. Surge invested Rs 10.7 crore while the rest came from Omidyar.

It’s worth noting that Omidyar is an existing investor in the company. Better Capital and Nipun Mehra also participated in the round.

According to RoC filing with MCA, the Gurugram-based startup has allotted 2942 seed CCPS at a price of Rs 48,516.79 per share and at an interest rate of 0.001%.

Sequoia, through Surge, had picked up startups from diverse sectors such as consumer internet, edtech, agritech, clean energy, social commerce, fintech, SaaS, robotic, and DTC brands.

Bijak is a B2B platform for agricultural commodities that gives buyers and sellers better prices, improve their working capital cycle and optimised logistics.

Founded in January 2019 and formally launched in May by Nukul Upadhye, Mahesh Jakhotia, Jitender Bedwal, Daya Rai and Nikhil Tripathi, Bijak essentially provides quick time disbursal of loan, reduces cost, eliminate wastage via logistics and convenient payment channel and works as a bookkeeping app.

Already backed by the likes of Omidyar, Omnivore Partners, Bijak app is available in several local languages and caters people in the agricultural-rich states like Maharashtra, Uttar Pradesh, Madhya Pradesh, Punjab, Bihar and Uttarakhand.

Apart from Bijak, Neo banking startup Juno and unified data platform Hevo Data, which were also selected under Surge second edition, had raised seed capital.

Indigram Labs Foundation


August 23, 2020 0

Proud moment for Indigramlabs, one of our top 10 Northeast Accelerator Program-Agripulse startup @meirafoods has been awarded for #SIDBIETIndiaMSEAwards in Woman MSE Achiever (Micro) – Manufacturing.
@Talu Devi Shubhra had started work from her Parent’s home to building a state of the art factory today, not easy in a region with many challenges. But, today Shubhra’s success empowers our women to forge ahead to establish brands that signify quality and a loyal clientele that hunger for more.
SIDBI The Economic Times Department of Science and Technology, Government of India Department of Biotechnology, India Atal Innovation Mission Ministry of Micro, Small and Medium Enterprises,Government of India Ministry of Electronics & Information Technology, Government of India

Indigram Labs Foundation


August 23, 2020 0

Indigram labs Signed a MOU with World Startup Factory B.V ( Netherland ),on November 13th, 2019. World Startup Factory is an impact-driven venture builder for entrepreneurs and all the stakeholders that see value in this process.

Indigram labs Signed a MOU with IT Hub Mahatma Gandhi (Bulgaria), on November 13th, 2019. IT Hub Mahatma Gandhi is an organization that provided possibilities for global entrepreneurs and companies for bilateral collaboration, exchange of ideas & Technology for Public benefits.

Indigram Labs Foundation

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    Indigram Labs Foundation (ILF) was founded in 2015, as Technology Business Incubator with the support of NSTEDB, DST, GoI. We believe that entrepreneurs have a unique opportunity to make the positive global change while remaining profitable. They have the power to change lives and livelihoods in the communities and the country. We see them as the conduit for real change and development – a ripple effect that begins with the business and moves into the community at the grassroots level.

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