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HDFC Parivarthan - 2022

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About

HDFC Parivarthan - 2022

About

Atal Incubation Centre – Sri Krishnadevaraya University (AIC-SKU) has been a catalyst for innovation and sustainable development, supporting startups in the crucial sectors of agriculture, renewable energy, circular economy, healthcare, and water management. This report outlines the impact of HDFC Bank Parivarthan scheme on the supported startups and the positive changes witnessed in the targeted communities.

AIC SKU keyObjectives

The funding scheme has played a pivotal role in fostering technological innovation and market access among the startups: Product Development: Startups have utilized the funds to further develop and refine their products, incorporating new technologies to stay competitive in the market. Market penetration: Through effective use of funds, startups have penetrated into the market, capturing a larger share and establishing themselves as key players in their respective industries.

AIC SKU Funding
  • AIC SKU Seed Funding :03
  • Funding Amount :2500000
S.No Name
1 Suchandra Technologies Private Limited
2 Avan Tech Innovations
3 Anantha Naturals
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AIC SKU Success Story.

1. Organic Anantha Products LLP, Number of Full Time Employees: 3, Indirect employment generated: 20, 1300+ farmer get benefited, Startup provided technology support and market access to the farmers Introduced offgrid solar cold-storage for the farmers, Consistent supply of organic inputs such as jeevamrutham and others to the farmers ensuring organic products to the customers and additional income to the farmers | 2. Suchandra Technologies Pvt. Ltd., Number of Full Time Employees: 8, Indirect employment generated: 4, Deployed a sanitizer product that is 100% eco-friendly with no chemical effluents and zero carbon footprint. | 3. Avan Tech Innovations Pvt. Ltd., Number of Full Time Employees: 4, Indirect employment generated: 5, Over 100 Lakh Litres of water saved in one year Saving electricity to the customers.