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Success Stories

Yostra Labs Private Limited

Sector: Healthtech

- Winner of ELEVATE under Idea2PoC Call 2 - 2017

- Founded in 2014

- Raised a total of ₹1.5 crore in funding over 2 rounds. Their latest funding was raised from a Venture - Series Unknown round. Villgro and Marico Innovation Foundation are their investors.

- Awarded Design4India Summit and Design Awards 2018; Winner of the 2018 American Society of Mechanical Engineers (ASME) Innovation Showcase (ISHOW)

- Graduated from K-tech Bangalore Bio Innovation Centre

ParkingRhino Online Services Pvt Ltd

Sector: Mobility/ SmartCity

- Winner of ELEVATE under Elevate 100 - 2017

- Founded in 2015

- Raised seed funding round of Rs. 3.85 Cr leading by NVCL (North East Venture Capital) and others.

- Selected as one of the emerging idea in the field of parking in Nasscom 10K startups event of NASSCOM; They have also identified for its geo navigation map-based search for parking space in India by Google Launch Pad

Bellatrix Aerospace Private Limited

Sector: SpaceTech/ ESDM

- Winner of ELEVATE under Elevate 100 - 2017

- Founded in 2015

- Raised $3 million in pre-series A funding from a clutch of investors led by venture capital (VC) firm IDFC-Parampara, and including the Munjal Group and actor Deepika Padukone’s KA Enterprises, GrowX Ventures Fund, CIIE Initiatives (IIM Ahmedabad), SINE (IIT Bombay Incubator)

- Awarded TDB National Award 2017, Best Space Technology Company 2018 by Govt. of AP, Promising Space Technology Startup 2018 by IESA

Cradlewise

Sector: IoT

- Winner of ELEVATE under Elevate 100 - 2017

- Founded in 2017

- Raised 2 rounds of Fund. Their latest funding was raised on Dec 13, 2019 from a Convertible Note round by SOSV and HAX.

- 2 Technology patents granted in India and US.

- Awarded Top30 Startups in Techsparks2018 by Yourstory, European Product Design Award, Qualcomm Design India Challenge

Str8bat Sport Tech Solutions Pvt Ltd

Sector: Sport Tech

- Winner of ELEVATE under Elevate 100 - 2017

- Founded in 2017

- Raised USD 450K in 2 rounds of Angel Funding

- Won Nasscom Emerge 50 Award, Hype Foundation, Top 50 most innovative sport tech startup, CIO Review Top20 most promising IoT startups.

- Incubated at K-tech Innovation Hub - Nasscom IoT CoE Bengaluru


Startup Karnataka Vision

To give wings to startups in the state through strategic investment & policy interventions by leveraging the robust innovation climate in Bengaluru.
Table of Highlights
YTD
MTD
Startups
11408
98
Certified Startups
1719
49
Funded Startups
359
95
Incubatees
693
239
Venture Funded Startups
39
04
Incubators Supported
43
00
Purchase Order Awarded
105
61