IIT Madras, Samunnati foundation to tie up to support Indian agritech startups
Abhiraj P | December 9, 2021 | 07:47 PM IST | 1 min read
The IITM Incubation Cell will collaborate with Samunnati Foundation to nurture and support Indian agritech startups, and encourage sustainable agriculture.
NEW DELHI: The Indian Institute of Technology Madras Incubation Cell (IITMIC) has collaborated with Samunnati Foundation to encourage innovative technologies in agriculture and allied areas in India.
Also read | IIT Madras faculty founded 94 startups valued at Rs 1400 crore
The IITMIC and Samunnati Foundation have signed an agreement to promote agritech startups to improve farmer incomes, reduce waste and encourage sustainable agriculture. The Samunnati Foundation intends to better the lives of entrepreneurs among underserved agricultural communities.
“Through this collaboration with IITMIC, Samunnati aims to provide strategic and operational guidance, training, mentoring, networking, and other necessary resources to help and support Indian visionary agritech startups establish themselves and scale their presence. The organizations will provide incubation support facilities to entrepreneurial ventures, prepare position papers and propose policy recommendations”, reads the press release.
Also read | IIT Madras awards degrees to 1,962 students, saw highest number of PhD degrees in an year
“India is seeing an increase in entrepreneurial initiatives in agriculture. Many from IITs and IIMs are taking up entrepreneurship in agriculture. Private capital flow is also observed in these young start-ups.” Anilkumar SG, founder and CEO, Samunnati said.
“This partnership’s objective is to encourage innovative technologies in agriculture and allied areas. Our efforts will be towards developing the required ecosystem for entrepreneurs to sustain, and to jointly nurture startups in this space. This collaboration will provide mentoring support for product development, advisory services, networking for business development, training, funding assistance and technological support and will focus on strengthening the agriculture entrepreneurial ecosystem.” said Ashok Jhunjhunwala, professor and president of IIT Madras Incubation Cell (IITMIC) and IIT Madras Research Park (IITMRP).
Follow us for the latest education news on colleges and universities, admission, courses, exams, research, education policies, study abroad and more..
To get in touch, write to us at news@careers360.com.
Quick Watch
]Next Story
]Featured News
]- FMGE 2026: Protest at Jantar Mantar on Monday; examinees demand exam review, facilities on par with NEET
- ‘We became a bridge’: Volunteers crowdfund to send stranded CJP protesters home after Jantar Mantar stir
- SC raps NCAHP, states for not framing regulations, setting up councils for allied health sciences
- ‘Shouldn’t forget’: An AI engineer’s platform is gathering evidence of police violence at CJP protest
- Paper-leak bill won’t help, argue opposition MPs; Priyanka Gandhi questions Pralhad Joshi’s appointment
- NEET Counselling 2026: In NMC’s new rules for PwBD admissions, individualised reports, chance to appeal
- Visva-Bharati professor quits report panel alleging doctored meeting minutes, staff shortage
- Centre sat on a fifth of Samagra Shiksha funds every year; PM SHRI dues at 49% in 2025-26: Govt data
- ‘Greta Thunberg visit not planned’: How SFI UK took the CJP protests to Leeds, London and beyond
- ‘Treated worse than criminals’: Parents wait for students, teens detained for joining CJP protest to come home