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Indigram Labs Foundation has successfully conducted Cohort -2 on theme of Healthcare and Sanitation in COVID 19

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The Umbrella program conceived and developed by the Innovation & Entrepreneurship division, Department of Science & Technology, Government of India

Recently, Indigram Labs Foundation successfully organized Cohort -2 of NIDHI (National Initiative for Developing and Harnessing Innovations) Accelerator Program on the theme of Healthcare and Sanitation in COVID 19. National Initiative for Developing and Harnessing Innovations (NIDHI) is an umbrella program conceived and developed by the Innovation & Entrepreneurship division, Department of Science & Technology, Government of India, for nurturing ideas and innovations (knowledge-based and technology-driven) into successful start-ups.

The programme is expected to contribute to building a vibrant startup hub in the region by establishing a network between start-ups, academia, financial institutions, industries, and other institutions.

Successful Online boot camp for 8 weeks was performed along with a 4 week One to one mentoring Session and a mock Mock Demo day has been organised in presence of an external jury. successfully organized the Demo day on 18th Dec 2020 with top 12 startups in presence ofDr. Anita Gupta Head NSTEDB DST, Chief Guest, Dr. Naveen Vasistha Scientist F’ DST, special Guest Nixon Joseph President & COO SBI Foundation, Guest of Honour Geetika Dayal Executive Director TiE Delhi-NCR and Dr.  Manisha Acharya CEO Indigram Labs Foundation – TBI, Supported by DST, GoI. 

On the occasion Mr Sunil Khairnar, Chairman Indigram Labs Foundation says “As a part of the Atmanirbhar Bharat, India needs lot of new startups to focus on affordable health care and sanitation products and services for the rural masses. ILF is the perfect incubator for these startups since through its host organisation, Indian Society of Agribusiness Professionals,  it provides outreach to lakhs of citizens in rural areas. Given the traction in rural incomes there is increased awareness about health and related issues and consequently a demand for products and services falling in these categories. Given the vast geographical spread of the Indian hinterland, associated logistics and delivery costs make reaching out to the rural masses prohibitive in terms of costs. These challenges necessitate innovative solutions by our entrepreneurs which leverage upon ISAP/ILF strengths.”

The Inauguration of the program earlier held on 13th July 2020 in presence of Dr. Naveen Vashistha, Scientist F’, DST, GOI, Mr. Sunil Khairnar, Chairman Indigram Group. Applications got closed on 7th August 2020 in which out of the total 105 applicationonly top 30 has been shortlisted and top 12 got selected organised several online roadshows on topics like Innovation and scale in the world of sanitation, Opportunities to the Healthcare and Sanitation startup in current situation, and on topic compliance criteria for medical devices. 

The program was driven by Indigram Labs and Knowledge Partner TiE Delhi NCR. Investors like Rukam Capital, Aavishkaar Capital, Lead Angels, 9 Unicorns, Venture catalyst, Caspian, Indian Angel Network, Anicut capital and 100x.vc were present and showed interest to the startups. One investor has shown interest in Bio Assistant Pvt. Ltd. and Ultra Healthtech Solution Pvt. Ltd, two of the investors have shown interest in Clean Hivez, Carditek Medical Devices Pvt. Ltd, and Combat Robotics India Pvt. Ltd. Three investors have shown interest in SentinelHz, Medificial HealthTech Services (Medision), and Medulance Healthcare Pvt. Ltd. Four of them showed interest in Organic Trends Inc/Brewish Pvt Ltd.

About Indigram Labs Foundation:

Indigram Labs Foundation (ILF) is a technology-based incubator founded in October 2015 with the support of NSTEDB, DST, GoI and a vision to promote creativity and innovation in agriculture, renewable energy, and rural healthcare industry. ILF 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. ILF 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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Nikola Positioned To Accelerate Hydrogen Economy

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Nikola Positioned To Accelerate Hydrogen Economy

Nikola Corporation (NASDAQ: NKLA) has secured an innovative electric rate schedule with Arizona Public Service Company (“APS”) that makes possible the accelerated development of hydrogen-based fueling solutions for the transportation industry.  Nikola is a company dedicated to the advancement of innovative zero-emissions truck solutions and the energy infrastructure required to make this feasible.  By facilitating low-cost production of hydrogen, the Arizona Corporation Commission’s (“ACC”) approval of this rate schedule paves the way for the curtailment of greenhouse gases in the transportation sector, while also providing benefits to key constituents via novel grid-balancing solutions.

Today’s unanimous approval of this agreement by the ACC provides Nikola with a competitive electric rate specifically designed for the production, processing, and dispensing of hydrogen. This will support, among other things, enabling a zero-emission heavy-duty freight corridor along the I-10 freeway between Los Angeles and Phoenix.  

APS’s competitive electric rate will help lead the creation of the hydrogen economy in Arizona.  Nikola estimates that under the rate structure it will be able to deliver hydrogen at market leading prices and within the ranges required for Nikola to offer competitive lease rates for its trucks customers.

The agreement reflects value that results from the curtailment flexibility that Nikola’s hydrogen production facilities are expected to provide to the electrical grid. These facilities will be configured to respond to the needs of the grid, for example by reducing Nikola’s energy consumption from the electric grid during heatwaves. This agreement will encourage Nikola to deploy capital within the state, increase electric load relating to hydrogen production, and further develop and employ a highly skilled and well-educated workforce.

Nikola CEO, Mark Russell, celebrated today’s critical milestone stating: “Nikola values the joint efforts of APS and the ACC to enable competitive electrolytic hydrogen production. The approval of this special rate for hydrogen production is critical for advancing the future of zero-emissions transportation and building a hydrogen economy.”

Nikola President of Energy and Commercial, Pablo Koziner, added, “Through this agreement, Nikola is assured a reliable and competitively priced source of electricity that will allow us to commence the development of hydrogen production facilities to serve the fueling needs of our truck customers.  The agreement sets an important precedent in showcasing that innovative operational solutions can be developed for the economic production of hydrogen that maximize benefits to all stakeholders.”

The approval of this agreement marks an important milestone. Going forward, Nikola will work with APS to finalize site selection and interconnection requirements to establish its first hydrogen production facility in Arizona.

“For decades, hydrogen has been a promising, but elusive, source of clean energy for both the transportation and power sectors.  We simply haven’t done enough to bring hydrogen to the mainstream,” stated Chairwoman Lea Márquez Peterson. “As we begin to enter a new energy economy, however, I want to ensure that we take all steps necessary to promote Arizona’s gradual and innovative move towards decarbonization. By supporting this application, we are doing exactly that.  Let’s make our great state the nation’s epicenter of hydrogen production, processing, and fueling, and let’s have Arizona serve as a model to other states about clean energy innovation.”

ABOUT NIKOLA CORPORATION:­

Nikola Corporation is a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona.

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Allseated Acquires easyRAUM To Further Expand European Presence

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Allseated Acquires easyRAUM To Further Expand European Presence

Allseated, a global leader in innovative event technology, announced today its acquisition of Dusseldorf based, easyRAUM GmbH to further scale its rapid expansion into the European market. The acquisition broadens Allseated’s market presence, bringing the full power of its event technology platforms to venues, brands, corporates, and planners across Europe.

A long-time leader and serving some of the biggest names in the German speaking market, easyRAUM’s reputation and reach has been second to none. With thousands of users powering large scale events, it has been successfully serving and expanding its customer base for the past fifteen years.

“This is a strategic move for us to further scale our business in Europe by combining easyRAUM’s market presence, amazing team and customer base with Allseated’s cutting-edge technology platform.”  said Yaron Lipshitz, Allseated CEO. “EasyRAUM has been a great partner of ours and we have worked so close together, that the acquisition seems more of a formality at this point. Thanks to our now German team, Allseated is now powering some of the largest venues and brands in the European market with our latest virtual event product exVo, already in use by the local industry” he added.

“We are pleased to open a new chapter with Allseated, for our customers, for the industry, and for our company” said Sabine Reise, Founder and Managing Director of easyRAUM and now Managing Director of Allseated GmbH. “Our many years of industry and market experience as well as the software development know-how complement the agile structures of Allseated perfectly”.

Sandy Hammer, co-founder and CMO of Allseated added: “The partnership with easyRAUM enabled us to short-circuit our expansion in this exciting market and to quickly bring value to some amazing brands. We are thrilled to have the team join our rapidly growing company.”

Financial terms of the transaction are not disclosed.

About Allseated

Allseated is one of the world’s most innovative event technology platform powering hundreds of thousands of events a year. Through a cutting-edge 3D visualization platform including floorplan design tools, venue virtual tours, and revolutionary virtual/hybrid event solution, Allseated is transforming the event industry and leveraging innovation with superior customer service to help clients grow their businesses.

Allseated Acquires easyRAUM To Further Expand European Presence

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GameChange Solar Unveils Bifacial Tracker Reflector Technology to Boost Power Production 15-20%

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GameChange Solar Unveils Bifacial Tracker Reflector Technology to Boost Power Production 15-20%

GameChange Solar today announced BifacialReflector™, a patent-pending new technology which dramatically increases power production for the GameChange Solar Genius Tracker™ with bifacial modules. The technology is a highly reflective (.95 albedo), permanent solid surface up to 4m wide, which reflects light from just above ground level to the back of the bifacial modules. This technology is a significant improvement over other ideas since it is not a ground cover which has a limited life and requires constant maintenance. BifacialReflector™ is a self-cleaning, long-term (40-year life) solution. The reflectors can boost the gain by up to an estimated total of 15-20% when using bifacial modules, which is approximately 5-8% extra gain versus other bifacial trackers which do not have BifacialReflector™ technology.

Andrew Worden, CEO of GameChange Solar, stated: “Solar power plant owners globally have been asking for a cost-effective, long life, maintenance-free, high reflectivity (.95 albedo) ground cover to place under trackers with bifacial modules. We are excited to have been able to provide a unique and superior solution, the BifacialReflector™ technology. Our technology has a significant power boost for bifacial modules and has a life of 40 years with no maintenance, making it a meaningful breakthrough for the industry.”

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