Oxigen’s Founder Pramod Saxena To Set Up Startup Accelerator At IIT-Roorkee


Oxigen’s Founder Pramod Saxena To Set Up Startup Accelerator At IIT-Roorkee

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.


Comment (1)

  1. Imagine a startup where an Innovator’s solution to a problem is being capitalised by an entrepreneur..

    It’s time to explore “Food & Agri. Startups”
    Agriculture is not yet a fashionable sector. But, companies in this sector have started witnessing an uptick in valuation. Agriculture sector has seen growing investor interest in recent months as well as an upward revision in valuation. Agriculture, along with fisheries and forestry, is one of the largest contributors to the Gross Domestic Product (GDP). Agriculture sector in India contributes 16% of GDP & 10% of export earnings. Though Agriculture in India is a $370 billion sector, still there is paucity of innovation in this sector.

    #GotanIdea challenge aims to bridge this gap by addressing these two dilemmas –

    “Is this idea worth pursuing ? If yes, how should I take it to the next level? How should I make a sustainable business around this ? Will some investor be ready to consider this idea?” An entrepreneur’s dilemma.
    “Are there any good startups out there working on an original idea and building a real company ?” An investor’s dilemma.
    Startups that are at an early traction stage, within 6 months of starting up, have not raised money and are with scalable and global impact ideas in Ag-Tech SaaS, Livestock Biometrics, Agriculture Robots (AgBots), Agri Supply chain/Logistics, Agri-marketing, Dip Irrigation, Fish Farming, Soil Technology, Dairy & Dairy Products are eligible to participate in this challenge.

    Interested ? Apply at http://www.gotanidea.aarambh.ventures and get a chance to pitch for a Seed Investment of upto INR 25 Lakhs*.

    Last date to apply: 25th August 2016

    Conceptualised by the young minds at
    Aarambh Ventures

    *conditions apply

    Copyright © 2016 Aarambh Startup Advisors Pvt. Ltd., All rights reserved.

    Our mailing address is:
    D8, Infocity II, Sector 33, Gurgaon, Haryana, 122002, INDIA

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