Oxigen’s founder, Pramod Saxena is setting up an innovation center called Idea Lab at IIT-Roorkee and Greater Noida campus through a startup advisory firm named “Aarambh Ventures”.
Aarambh Ventures accelerator program is supported by several VCs, serial entrepreneurs, mentors including Unitus Seed Fund, Omnivore Partners, IvyCap, LetsVenture, Design for Use, to name a few.
The Aarambh accelerator identifies, support and grow startups in Technology/Mobile, Health, Agriculture, Clean Tech/Energy, IoT, AI, Big Data & Fin- Tech.
As part of this partnership, Aarambh Ventures will set up an Idea Lab and Accelerator at IIT-R Roorkee & Greater NOIDA campuses respectively.
“Aarambh seeks to help entrepreneurs drive sustainable economic growth and innovation, thus making Digital India real. The Leadership team at Oxigen, being its first set of mentors, will fuel the growth of Fin – tech startups at the Idea Lab through Aarambh Ventures. This effort while encouraging young entrepreneurs, will further strengthen innovation at Oxigen Wallet alongside deepening its relationship with startups,” said Pramod Saxena, Chairman & Managing Director, Oxigen Services.
The facility at Idea Lab, opening in late 2016 at IIT Roorkee Campus, will provide a congenial environment to promote original thinking & collaborative infrastructure that is needed to succeed in the 21st century knowledge economy.