Events & News

World Bank, CropIn Partnership: 20,000 Farmers in MP and Bihar Adopt Climate-Smart Agriculture Practices

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September 20, 2018

CropIn has digitized over 90,000 farm plots and helped farmers build sustainability and boost productivity over the last 18 months. CropIn's climate-smart advisory module provided season-wise crop configurations for all the major crops as well as weather-based advisory to SLACC farmers in their local dialect.

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NIRAMAI Health Analytix: Transforming Healthcare and Redefining Cancer Diagnosis

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September 4, 2018

NIRAMAI has developed a new technique called ThermalytixTM, a novel computer-aided diagnosis solution to identify cancer and tumors in pre-cancerous patients in an affordable, accessible and effective way. The core of NIRAMAI software consists of novel computer algorithms, based on Artificial Intelligence and Machine Learning over thermal images.



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How This Indian Startup Is Using AI To Improve Detection Of Breast Cancer At A Low Cost

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August 21, 2018

In India, where incidences of breast cancer are rising, Niramai is using machine learning algorithms, big data analytics and thermal image processing to improve breast cancer diagnosis. The company's screening tool is said to be able to detect breast cancer based on subtle abnormalities that cells display as the disease begins to take hold.

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Tessol raises follow-on equity funding

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July 30, 2018

Tessol, a Mumbai-based startup in the CleanTech-led cold chain logistics space, has recently raised an undisclosed amount in follow-on equity funding from early stage venture capital firm 1Crowd, and existing investors Infuse Ventures and Ankur Capital. We are excited about the rapid growth in TESSOL’s range of cost efficient, high performance cold-chain solutions, which is bringing in new, quality-conscious customers across end-user segments.

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Niramai: The bot will see you now

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July 12, 2018

Niramai acronym for Non-invasive Risk Assessment with Machine Learning and Artificial Intelligence, Niramai remains true to its name. It uses a thermal imaging device to measure temperature distribution in the chest and a cloud-based analytics solution that parses the data to identify if a tumour in the breast is malignant.

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This Agritech Startup Is Betting The Farm On Its AI-Based Crop-Grading SaaS Solution

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July 11, 2018

Agricx, is striving to bring in a reliable crop-grading system in India, with the aim of eliminating middlemen in the supply chain and enabling farmers to earn a fair price for their produce. Ritesh Dhoot and Saurabh Kumar, who started Agricx in 2016, realised that the main reason for unfair pricing of agriculture produce was the fluctuating quality and standard of the produce, an acute problem, according to the duo.

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Karnataka Government Joins Hands With Agri-tech Startup CropIn To Make Farms Digital

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June 21, 2018

Department of Agriculture, Government of Karnataka, has joined hands with Bengaluru based Agtech startup, CropIn Technology Solutions, with an aim to help farmers create more value for their crops and foster their socio-economic development, the project spans across 20 districts of Karnataka. This joint initiative will soon be scaled up to assist 4.15 lakh farmers and cover over 3.4 lakh acres of land.

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WATCH: Indian Women Count For 15% Of Global Breast Cancer Cases – Is There A Solution?

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June 14, 2018

According to Dr. Geetha Manjunath of Niramai Analytics, breast cancer is completely curable. If you detect it early enough, every death should be preventable. And, yet, India accounts for 15% of the total annual death rate as we can only save half of our breast cancer patients. As Dr. Manjunath puts it, the rate of success is about as high as predicting the toss of coin.

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Farming has gone digital and how BigHaat India has impacted 5 lakh farmers

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June 14, 2018

Farming has gone digital and how BigHaat India has impacted 5 lakh farmers with Sachin Nandwana, Co-founder, BigHaat and YourStory Business Editor, Vishal Krishna

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WATCH: This Startup Convinced Banks to Give Farmers Loans at the Height of the Financial Crisis!

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June 6, 2018

In 2009, the world was hit by a financial crisis unlike any seen before. As the economic meltdown hit its peak, Krishna Kumar started a small company out of Bangalore with the intent of finally bring technological advancement to India’s ailing agriculture sector. At a time when banks were struggling to survive, he convinced them to loan substantial amounts to farmers that desperately needed it.

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Ankur invests in medicinal herbs supplier Carmel Organics

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April 1, 2018

India-focused venture capital firm Ankur Capital has invested an undisclosed amount in medicinal herbs supplier Carmel Organics. Founded in 2012 by Shailendra Dhakad and Rajesh Sagitla, Carmel helps small farmers increase their incomes by growing organic herbs and spices.

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Carmel Organics raises first round of funding led by Ankur Capital

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March 28, 2018

Carmel Organics, a supplier of medicinal herbs, has raised an undisclosed amount of funding led by Ankur Capital. This is the first round of funding raised by Carmel. Founded in 2012 by Shailendra Dhakad and Rajesh Sagitla, Carmel Organics was started with the aim of helping small farmers in India increase their income through production of organic herbs and spices...

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Karma Healthcare raises Rs. 3 crore from 1Crowd, Ankur Capital & others

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March 19, 2018

Rajasthan based healthcare startup Karma Healthcare has raised Rs. 3 crore in equity funding from early stage investment firm 1Crowd, existing investors Ankur Capital, Ennovent Capital, Beyond Capital, and angel investors. Founded by ISB Hyderabad alumnus Jagdeep Gambhir, Karma Healthcare claims to have achieved over 50000 consultations...

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Karma Healthcare Raises $500K from Early Stage VCs 1Crowd and Ankur Capital

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March 19, 2018

Karma Healthcare, a Rajasthan-based startup in the technology-led healthcare space, has recently raised INR 3 crore (~USD 500,000) in equity funding from early stage investment firm 1Crowd, existing investors Ankur Capital, Ennovent Capital and Beyond Capital, and angel investors. Founded by ISB Hyderabad alumnus Jagdeep Gambhir, Karma Healthcare aims to...

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Impact funds feel the healthcare pulse after a lull in investments

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March 7, 2018

Impact-focused venture funds are once again turning to the healthcare sector, which saw a lull in investments last year. Ankur Capital, Aspada Investments and Unitus Seed Fund are among a clutch of funds that have identified profitable business models in the sector — spanning artificial intelligence (AI)- based solutions, diagnostics, medical technology and healthcare delivery...

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Is ‘Farming as a Service’ model the path ahead for revival of agriculture in India?

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February 25, 2018

Farm management solutions allow stakeholders to make data-driven decisions to boost productivity and efficiency. FaaS converts fixed upfront costs into variable ongoing costs for farmers, thus making the techniques more affordable for a majority of small farmers. Many startups have adopted the FaaS solution. Total investor funding for FaaS in India is currently $105-115 million...

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Agricx Lab raises $500,000 from Ankur Capital

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February 19, 2018

Agriculture-focussed technology start-up Agricx Lab, that has a solution to assess the quality of agriculture produce using a smartphone camera, has raised $500,000 from early stage venture capital firm Ankur Capital, the investor said Tuesday.

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Ankur Capital and Ennovent invest in ERC Eyecare

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February 1, 2018

Assam based ERC Eyecare has raised $1 million towards Series A funding from impact focussed venture capital firm Ankur Capital and Ennovent India. ERC provides low cost eye care services for the bottom-of-the-pyramid market. The company will use the capital to fund expansion plans across North East India and South East Asia which are under penetrated markets for eyecare.

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Going beyond investment to make a difference

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December 24, 2017

Rema Subramanian and Ritu Verma, co-founders and managing partners of impact investment venture capital firm Ankur Capital, come from entirely different backgrounds.When the two got together and started a venture capital firm, they decided to focus on start-ups that made an impact on the lives of a large number of people...

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Google shortlists 4 Indian startups in the latest batch of Launchpad Accelerator

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November 30, 2017

Google has shortlisted four startups from India for the fifth batch of its mentorship program Launchpad Accelerator that kicks off on January 29, 2018, at the Google Developers Launchpad Space in San Francisco. Google shortlists 4 Indian startups in the latest batch of Launchpad AcceleratorGoogle has shortlisted four startups from India...

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How Skillveri is powering acquisition of skills with passion

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October 3, 2017

The name Skillveri can be read in two classical languages, Tamil and Latin. In Tamil, the name stands for acquiring skills with utmost passion. In Latin the name stands for the right or authentic skill and veri being the root word for verify, said Sabarinath C, CEO of Skillveri, a Chennai-based start up. Founded by Sabarinath C and L Kannan, Skillveri, which pioneered India’s first welding simulator...

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Agri-tech startup CropIn raises pre-Series A funding

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September 25, 2017

As reported by a leading daily, BEENEXT an investment fund established by Teruhide Sato, a famed Japanese ecommerce entrepreneur and investor has invested an amount thatis undisclosed in a pre-series A round of the agri-tech startup CropIn Technology Solutions, Bangalore. In addition to an existing investor, Ankur Capital...

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CropIn's new app helps data-driven farming

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September 23, 2017

Bengaluru-based agri-tech company CropIn Technologies, which provides Software as a service (SaaS) based services to agribusinesses globally, wants to maximise per acre value of farmers, and make every farm traceable. The company, which was founded in 2010, is targeting more farmers to use its newly launched app, which enables them to do connected...

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Delhi CM Arvind Kejriwal Takes a Shine to Chennai Startup Skillveri

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September 21, 2017

Chief Minister of Delhi Shri. Arvind Kejriwal visited Skillveri, a startup showing great promise, during his visit to Chennai yesterday. Kejriwal discussed the role and potential of technology in enabling skill development among the youth with the Skillveri team. Backed by venture capital firms Michael & Susan Dell Foundation and Ankur Capital...

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This Indian agritech firm helps farmers predict yield and improve sales, thus saving them from bankruptcy and suicides

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September 19, 2017

Bangalore-based CropIn Technology is one such company whose agritech solutions could save thousands of farmers from the edge of bankruptcy and suicide. And the company is already helping thousands of farmers across various geographies.

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With Over 125 Clients Across 12 Countries, CropIn Aims to be a Global Leader in AgTech Sector

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September 18, 2017

Krishna Kumar created AgTech startup, CropIn Technology in 2010, along with co-founders Kunal Prasad and Chittranjan Jena. The trio went on to develop a state of the art, innovative solutions system to address several pain points of various stakeholders in the agricultural ecosystem globally. Today, CropIn is one of the leading AgTech companies...

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Shot in the arm for Health Sutra

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June 24, 2017

Fountainhead Foods, the company behind Health Sutra brand of millet-based products, has raised investment from early stage venture capital fund Ankur Capital and Hyderabad Angels. The money will be used to expand the distribution network, build the brand and introduce more products, a release said without giving details of the investment.

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Ankur Capital Powers First ThinkAg2030 to Foster Collective Thinking on Future of Agriculture in India

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May 28, 2017

Between now and 2030 the planet's population is likely to rise to 8.5 billion, from 7.3 billion now. Those people will not only need to eat, they will want to eat better than people do now, because by then most are likely to have middling incomes, and many will be well off. Food and Agriculture Organisation, the United Nations' agency suggested that by 2030...

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Tech As a Bridge

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May 28, 2017

ThinkAg2030 aims to foster technological innovation in the agriculture sector What piques your interest at ThinkAg2030 (hosted by Ankur Capital), a event for startups that develop advanced technological solutions to aid farmers initially is the number of tech firms involved in the sector.

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Health Sutra raises money from Ankur Capital, Hyderabad Angels

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May 23, 2017

Early stage venture capital fund, Ankur Capital, along with Hyderabad Angels, has invested in Health Sutra, a millet-based products manufacturer. Sai Krishna Popuri, founder and chief executive officer, Health Sutra said, “We plan to use 50% of this funding to set up our own processing plant in Nacharam in Hyderabad with a capacity of 150 tons...

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New crop of start-ups

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April 30, 2017

Hoping to bring about a transformation in Indian agriculture is a bunch of entrepreneurs who are trying to change the way farming is done. There are ventures that provide men and machinery to help farmers from soil preparation to harvest, those that source fruits and vegetables and market them after cleaning, grading and packing them...

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Why SIDBI’s rise as a sovereign fund is a game changer for venture capital industry

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April 27, 2017

Around June last year, entrepreneur-turned-venture capitalist Manish Singhal was looking to raise his first venture fund, and he thought it was the toughest task he had ever undertaken. Singhal had earlier co-founded startup financing platform Letsventure. As he searched far and wide for investors in his maiden fund, the Small Industries Development Bank of India...

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Breast cancer screening startup NIRAMAI bags funds

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April 23, 2017

NIRAMAI Health Analytix, a breast cancer screening startup, has raised undisclosed seed funding in a round that was led by pi Ventures and included Ankur Capital, Axilor Ventures, 500 Startups and Flipkart cofounder Binny Bansal. NIRAMAI is building a non-invasive, non-touch, non-radiation approach to detect breast cancer.

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These Two Women from Niramai Just Raised Funds for Patented Breast Cancer Technology

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April 23, 2017

Niramai Health Analytix, a startup that’s building a revolutionary non-invasive, non-touch, non-radiation approach to detect breast cancer has raised seed funding led by pi Ventures with participation from Ankur Capital, Axilor Ventures, 500 Startups and Flipkart co-founder Binny Bansal. Niramai (which stands for Non Invasive Risk Assessment with Machine Learning)...

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Indian start-up in global limelight

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March 31, 2017

Tessol is basking in the limelight, having won global attention at the Berlin Energy Transition Dialogue last week for its mobile refrigeration technology. The company was one of the six winners of the prestigious Startup Energy Transition awards instituted by the Deutsche Energie–Agentur, the German Energy Agency, for innovative business ideas in energy transition from across the world.

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Even farmers begin to pay through digital modes

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March 9, 2017

Demonetisation has pushed many farmers to go digital. Platforms like TheAgrihub, AgroStar, BigHaat, and RML AgTech that provide services and products to farmers say there's been a significant increase in payments done through debit cards, credit cards, netbanking and other digital modes. BigHaat, an e-commerce platform that sells agricultural...

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Gender was Never a Concern For These Two Women Investors

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March 7, 2017

India has seen its share of women entrepreneurs and powerful executives. However, what we haven’t seen is a lot of fund managers. Rema Subramanian and Ritu Verma gate-crashed the territory, which was predominately dominated by the big, industry boys.

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Impact Investor Ankur Capital to invest in seven companies this year

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March 7, 2017

Mumbai-based impact investor focused on innovative businesses in agriculture, healthcare, education, skill development and rural access – is positioning for the next leg of growth. Having seven companies in its portfolio, Ankur Capital is in the process of adding three more companies – one each in the agriculture, health and education segments...

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Sowing data for a rich harvest

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March 5, 2017

Krishna Kumar talks passionately about geo-tagging of farm plots, data analytics, machine learning and artificial intelligence in the context of farming and you wonder what these have to do with agriculture, especially when technology is the last thing on the mind of a vast majority of farmers. But very soon he dispels this notion and says agriculture technology...

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Are VCs missing out on a huge India opportunity?

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February 6, 2017

Is it possible to thrive financially, while benefiting society? Investors seem to be warming up to this idea, but very slowly. The real market lies in wider India, outside the large urban centres. Ritu Verma, CEO of Ankur Capital, said, “A lot of these businesses are catering to the top cream of the Indian population, but there are 700 million people who are part...

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CropIn Technology on Road to Become the Backbone of Crop Insurances, to Benefit Over 25 Million Farmers in India by 2018

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February 5, 2017

A 6-Year-Young Startup is now Betting Big on its Data Algorithms Fuelled by 'Farm Insights and Artificial Intelligence,' to Create Holistic Solutions for Crop Loan and Farm Insurances, to the Root Level Farmers in India CropIn Technology Solutions , a Bengaluru-based startup is now on an onslaught of initiatives to implement the benefit of Agriculture Technology (AgTech) to the last mile.

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SkillVeri raises Rs 8 cr from Dell Foundation, Ankur Capital

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January 11, 2017

Chennai-based Skillveri Training Solutions Pvt Ltd, which makes simulators to train workers on various industrial jobs, has raised 8 crore in a Series A round from Michael & Susan Dell Foundation, and existing investor Ankur Capital.

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SkillVeri raises Rs 8 cr from Dell Foundation, Ankur Capital

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January 11, 2017

Michael & Susan Dell Foundation and impact investor Ankur Capital have invested Rs 8 crore in Chennai-based startup SkillVeri. “This investment will enable Skillveri to expand its presence into new geographies as well as foray into multiple new skill domains, such as painting, paramedical procedures, jewelry making, where manual dexterity is highly valued,” Skillveri founder and CEO Sabarinath Nair said.

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India’s first welding simulator, SkillVeri, raises Rs 8 Cr from Michael & Susan Dell Foundation, Ankur Capital

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January 11, 2017

Skillveri Pvt. Ltd, a skilling platform that trains workers for manufacturing and production jobs, has raised a Series A round of investment of Rs 8 crore from the Michael & Susan Dell Foundation and Ankur Capital. Ankur Capital had already infused some funds into the startup in the form of a seed investment in 2015.

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Entrepreneurs Must Know About These 4 Sector-Focused Funds

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January 1, 2017

2016 saw a year of funding slowdown, 2017 might just see the reign of sector-focussed funds in India. These are funds that cater to only a particular sector which are very niche and less explored.

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Meet The Top 11 Finalists Of The Fourth Wharton India Startup Competition

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December 29, 2016

The 21st Wharton India Economic Forum (WIEF) has announced the finalists of its Fourth Wharton India Startup Competition. Founded in 1996, the Wharton India Economic Forum (WIEF), is an annual conference hosted by the students of Wharton School at the University of Pennsylvania. It is a global business forum focussed on understanding and engaging with India’s startup landscape.

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Agricultural e-commerce startup BigHaat secures funding from Ankur Capital

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December 22, 2016

BigHaat, a Bangalore-based agriculture e-commerce startup, has received investment from Ankur Capital, an early-stage VC firm which backs innovative projects in agriculture, healthcare and education. Rema Subramanian, Co-founder & Managing Partner, Ankur Capital, said, "We are excited about technology playing a key role in improving efficiency...

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BigHaat secures funding to connect farmers directly with seed suppliers in India

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December 21, 2016

Ankur Capital, an early-stage VC fund focused on backing innovations in agriculture, healthcare and education, has invested an undisclosed sum in Bangalore-based BigHaat, an agri e-commerce startup. Established in January 2015 by Sateesh Nukala, Sachin Nandwana and Raj Kancham, BigHaat is a supply chain technology platform that connects the farming community directly with the suppliers. The platform not only ensures listing of the products, but also connects buyers with the suppliers for post-sale support.

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CropIn improves farmers’ lives with data analytics and digital apps

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December 15, 2016

Ramesh, a farmer in the southern region of Punjab grows potatoes in his farm. Today, he gets accurate information on when to sow the crop, the temperature around his farm, the right mix of chemicals required, how to tackle crop infection, if any, and finally the time when the potatoes will be ready to harvest along with their quality, size and the overall quantity of yield...

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CropIn improves farmers’ lives with data analytics and digital apps

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December 11, 2016

Ramesh, a farmer in the southern region of Punjab grows potatoes in his farm. Today, he gets accurate information on when to sow the crop, the temperature around his farm, the right mix of chemicals required, how to tackle crop infection, if any, and finally the time when the potatoes will be ready to harvest along with their quality, size and the overall quantity of yield...

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Why This Fund Wants to Invest In Indian Agritech Startups

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November 8, 2016

Ankur Capital is looking for innovative business models that can address core challenges in agriculture, healthcare, skill development and education. Entrepreneur India spoke to Ritu Verma, co-founder, Managing Partner at Ankur Capital on what lies ahead for this sector

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Karma Healthcare named UBS Social Innovator 2016 APAC winner

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October 31, 2016

Congratulations to Karma Healthcare, who were named as the Asia Pacific UBS Social Innovator 2016. Karma Healthcare is a one-of-its-kind social enterprise working to improve access to healthcare in rural India. Through our 'e-Doctor' clinics, we provide online medical consultation with qualified doctors, diagnostic services, referral guidance and medicines in remote parts of India.

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Expert advice: Ride the wave of technology with a winning team to create an impact

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October 13, 2016

Build, Grow and Monetise! That’s the only way real businesses are made. The YourStory TechSparks 2016 focussed mainly on disruptive technologies, sustainable scale, and startup fundamentals. “Technology brings down the cost of delivery, increases your reach quickly and it also brings in transparency,” said Ritu Varma, Ankur Capital.

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Startups have an online cure for rural healthcare

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October 9, 2016

While telemedicine in itself has been around for a while now, as technology evolves, it has become possible to do a lot more remotely. Most of the times, all that the person in the remote outpost needs is a reasonably good internet connection and a phone or a computer. Very often, a 3G dongle works just fine...

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How social enterprises can do more with less using technology

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October 2, 2016

On the second day of YourStory TechSparks 2016, the panel discussion on “The resurgence of the social sector: tech and social impact” threw light on how a social enterprise can do more with less using technology? Ritu Verma - founding partner of Ankur Capital, an angel impact fund - said that Ankur Capital invests in companies that want to address the people at the bottom of the pyramid in India. They are looking for entrepreneurs who address social problems or real life problems.

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President Pranab Mukherjee invites Raj firm to set up telemed clinics in Haryana

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September 29, 2016

In June this year, President Pranab Mukherjee adopted five villages in Haryana - four in Gurgaon district and one in Mewat - to make them model villages. Now, Rajasthan's Karma Healthcare has just launched a telemedicine clinic at one of these villages. The firm had earlier set up such facilities in rural Udaipur.

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Meet these 15 investors at TechSparks 2016

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September 20, 2016

Advice, insight and investment are commonly sought by startups, and for seven years, TechSparks has connected startups with mentors, investors and established entrepreneurs. Not only do startups gain access to investors, they also get a clear idea of what their next steps should be, making it easier for startups to make a real connection with investors.

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Welded To A Cause (Good Businesses 2016 – Outlook Business)

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September 8, 2016

It was a newspaper article on how Delhi’s T3 airport was entirely built by Chinese workers that caught Skillveri’s founder, C Sabarinath’s attention. “I realised there is a huge skill gap waiting to be filled. In a country with such high unemployment rates, why should we bring in workers from China? It got me thinking about how we can solve this problem,” he says.

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Nature Nurture (Good Businesses 2016 – Outlook Business)

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September 8, 2016

Did you know that 60% of a crop’s yield depends entirely on soil fertility? I didn’t either, till I met K Karthik, the founder of Suma Agro who calls soil fertility the bedrock of agriculture. Karthik is concerned over the excessive use of fertilisers and the resulting significant drop in yields. He then points out that in 1970, where one kg of NPK fertiliser yielded 15 kgs of foodgrain...

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Farming At Your Fingertips (Good Businesses 2016 – Outlook Business)

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September 6, 2016

Large companies such as PepsiCo and McCain have contract farms that are spread across thousands of acres and, as a result, find it difficult to keep a track of crops grown on each plot. Farm reporting is a manual process as it involves maintaining records, information about pests, germination percentage, area validation and weather forecasts. But CropIn has made it possible by geo-tagging every farm and helping trace the activities of each and every farm in real time.

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Farm-tech firm CropIn gets funding from Denmark’s Sophia Investment

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August 29, 2016

CropIn Technology Solutions Pvt. Ltd, a Bengaluru-based company that makes farm management software and apps, has raised $2 million (Rs 13.4 crore) from Denmark’s Sophia Investment ApS, a person people privy to the development. The transaction valued the company at $12 million, the person said, asking not to be named.

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Ankur Capital Founders’ Meet

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August 8, 2016

Ankur Capital held its second annual Founders’ Meet in Mumbai on 8th & 9th August 2016. It was an opportunity for the founders of our portfolio companies to learn, discuss and engage with one another and other external entrepreneurs on the experiences and challenges of scaling up their organisations.

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Ankur Capital invests Rs 60 lakh in Chennai-based Suma Agro

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July 27, 2016

Early stage venture capital fund Ankur Capital which is bullish on agri-tech announced Rs 60-lakh investment in a Suma Agro, a Chennai-based sustainable agro-input company. As per Rema Subramanian, Partner at the fund, the Rs 40-crore fund has three more investments in the pipeline — one in a cold storage company and the other two in agriculture inputs and healthcare.

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Ankur Capital invests Rs 60 lakh in Chennai-based Suma Agro

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July 27, 2016

Early stage venture capital fund Ankur Capital which is bullish on agri-tech announced Rs 60-lakh investment in a Suma Agro, a Chennai-based sustainable agro-input company. As per Rema Subramanian, Partner at the fund, the Rs 40-crore fund has three more investments in the pipeline — one in a cold storage company and the other two in agriculture inputs and healthcare.

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Rural women are early adopters of technology

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March 7, 2016

It was the vacuum in the under-served rural and semi-urban pockets that caught the attention of cost accountant, Rema Subramanian, 54 and Ritu Verma, 44, a scientist from Pennsylvania to team up and become India's first SEBI- registered angel fund founded by women. It's 18 months since the inception of Ankur Capital and with 45 years of combined experience...

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Startups pave way for Farming 2.0

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December 22, 2015

Smart phones and internet may not have penetrated much in rural Karnataka and India but that's not stopping a slew of startups in Bengaluru from offering next-gen farming tips, with the assistance of technology. From offering expert advice to farmers on crop and sowing pattern to solutions on how to harvest and maximize their yield, startups seem to have an app for all. 

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How a startup wants to transform Indian agriculture by using the cloud

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October 15, 2015

In April 2013, a news update on farmers in different districts of Bengal throwing their produce of tomatoes on the road shocked viewers. These farmers were infuriated with the fact that wholesalers were offering them only 25 paise per kilo. If they sold at these prices, they would have incurred heavy losses as there was a massive mismatch between the production cost and the cost of selling. 

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Ankur Capital backs training simulator maker Skillveri

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September 15, 2015

Mumbai-based impact investor Ankur Capital has invested an undisclosed amount in Chennai-based startup Skillveri Training Solutions Pvt Ltd. Skillveri creates simulators to deliver skill training. It claims that its AURA line of welding simulators can train workers at a fraction of the cost required by traditional training methods.

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SIDBI Ramps Up Startup Support Through Fund of Funds Operation

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September 15, 2015

India’s startup ecosystem is one of the fastest growing ones in the world with the third largest base, having more than 4200 startups (next only to UK and US). It is also becoming evident that the startups through their disruptive technology and business models are not only going to fuel the Indian economy for a higher growth trajectory...

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Rajasthan’s Karma Healthcare bags funding to bring telemedicine to villages

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April 5, 2015

Indian rural healthcare startup Karma Healthcare has raised an undisclosed amount in pre-series A round from impact fund Ankur Capital. The company runs clinics in the rural areas of desert state Rajasthan. It gives villagers access to specialized doctors through telemedicine as well as direct face-to-face consultations. It uses tablet computers, printers, power-backup systems, and medical devices which can transmit real-time data from patients to doctors located elsewhere.

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Helping farmers in identifying problems and improving produce

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April 5, 2015

Even India’s population increases rapidly, the growth in food production is lagging behind. Some entrepreneurs think technology holds the answer: Krishna Kumar, an engineer and an entrepreneur, has co-founded CropIn Technology Solutions along with Kunal Prasad to help increase farm productivity by making every farm and crop traceable and export-worthy.

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How Ankur Capital is following a different path to impact investment

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April 3, 2015

In 2010, J.P. Morgan estimated the potential capital need for impact investments (targeting the part of the global population earning less than $3,000 a year), which drive not just social impact but also financial returns, to be $400 billion to $1,000 billion over the next 10 years. Fortunately, over the last 20 years, the number of specialised commercial funds in the impact investing space has risen 10 times. Capital committed to impact investing via private equity style active managers alone has risen from $4 billion to $12 billion over the same period.

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Our focus is to create scalable businesses: Rema Subramanian

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March 11, 2015

A number of angel investors, and venture funds, invest in technology start-ups and commercial businesses, hoping to get good returns in a short span of time. However, Ankur Capital, an impact angel fund co-founded by Rema Subramanian, has decided to focus on an uncharted territory, where there are not many successful examples to boost the spirit. She explains to Bibhu Ranjan Mishra why the fund is investing in social ventures. Edited excerpts:

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Ankur Capital bets on real India, invests in three early-stage rural ventures

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February 25, 2015

Impact investment fund, Ankur Capital, has invested in three early-stage ventures that focus on rural markets. The Mumbai-based venture capital fund, which received approval from market regulator Sebi earlier this month, is backing CropIn, a cloud-based farm management systems company, home compost solutions provider Daily Dump and primary eye-care service provider ERC.

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This man uses tech to bring doctors to India’s remotest villages

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October 13, 2014

Three quarters of its people live in rural settlements. Only the more affluent farmers and artisans in larger villages have huts with more than one room. Infant and maternal mortality rates are among the highest in the country. According a recent survey, 49 babies die in every 1,000 births. Many of the villagers never go to a doctor or hospital because they do not have any money to spare. Even when they can afford it, there are hardly any doctors in the remote villages. They end up going to quacks, who are quick to dispense painkillers, placebos, and even harmful medicines without any training in medicine.

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A sight for sore eyes

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May 4, 2014

When Laxmi Das, a 38-year-old weaver from Borholla village in upper Assam's Jorhat district, complained of poor vision, she didn't have to travel far for a check-up. Das was diagnosed at her village, at half the cost incurred at major eye centres, thanks to an ERC Eye Care-run vision centre. Such vision centres, the brainchild of ophthalmologist Parveez Ubed, address the lack of quality eye care in the rural areas of upper Assam. These vision centres, along with mobile units, test patients for common eye ailments and refractive errors. If these centres aren't able to address an ailment, the case is referred to neighbouring government hospitals.

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CropIn Technology raises funding to bring big data to farms

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April 8, 2014

Agriculture technology provider CropIn Technology Solutions has raised funding from US-based investment firm Invested Development. The firm, which provides agriculture technology to farmers as well as large companies including PepsiCo and Mahindra & Mahindra, will use the money to scale up its technology, hire talent and also explore opportunities in markets such as Kenya, Philippines, Mexico and Indonesia.

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Have you met Ankur Capital? The story of the new seed fund in town

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March 18, 2014

Though Rema Subramanium and Ritu Verma come from different backgrounds, they are passionate about the same thing —genuinely creating an impact, and supporting entrepreneurs who want to do the same. Besides this, both women wear multiple hats; Rema is also an entrepreneur, and Ritu a physicist. This passion led the two highly driven and motivated ladies to start a fund called Ankur Capital. Ankur Capital is an INR 40 crore social venture fund that invests in startup businesses (one to three years of on-ground operations) that impact low-income communities in India.

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Ankur Capital invests in agri-tech company CropIn

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February 25, 2014

Mumbai-based impact investor Ankur Capital has invested Rs 50 lakh ($81,0000) in convertible debt in Bangalore-based CropIn Technology Solutions Pvt Ltd, which provides a cloud-based platform to help farmers track their produce and consignment status, for 30 per cent stake, according to a report by The Economic Times.

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Ankur Capital bets on real India, invests in three early-stage rural ventures

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February 25, 2014

Impact investment fund, Ankur Capital, has invested in three early-stage ventures that focus on rural markets. The Mumbai-based venture capital fund, which received approval from market regulator Sebi earlier this month, is backing CropIn, a cloud-based farm management systems company, home compost solutions provider Daily Dump and primary eye-care service provider ERC.

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Ankur Capital invests in agri-tech company CropIn

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February 25, 2014

Mumbai-based impact investor Ankur Capital has invested Rs 50 lakh ($81,0000) in convertible debt in Bangalore-based CropIn Technology Solutions Pvt Ltd, which provides a cloud-based platform to help farmers track their produce and consignment status, for 30 per cent stake, according to a report by The Economic Times.

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Assam-based ERC Eye Care raises money from investors to fund expansion plan

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December 17, 2013

Ennovent Impact Investment Holding and Ankur Capital have invested an undisclosed amount in Assam-based eyecare company ERC Eye Care. Beyond Capital Fund, angel investor Sadeesh Raghavan and Ennovent Circle, which accelerates innovations for low-income markets, also participated.

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ERC Eye Care raises angel funding from Ennovent, Ankur Capital and other investors

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December 16, 2013

Assam-based ERC Eye Care Pvt Ltd, which provides low-cost eye care services for the bottom of the pyramid market, has raised an angel round of funding from Ennovent and Ankur Capital among other investors.

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CropIn: an innovation to address problems of Indian farmers

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November 3, 2013

In 2009, software engineer Krishna Kumar, working at US conglomerate General Electric Co. (GE) India’s state-of-the-art Bangalore office, decided that he wanted to build and work on technology solutions that would address the problems faced by the bottom half of India’s 1.2 billion strong population. After reading former GE chief executive Jack Welch’s book...

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