Agritech startup Gocarin Industries raises seed funding from KIIT TBI Under BIRAC Leap Programme

Agritech startup Gocarin Industries has raised an undisclosed amount in a seed funding round led by the KIIT Technology Business Incubator (TBI) under the prestigious BIRAC Leap programme.

The funding is part of a broader initiative by the central government to support innovative startups and strengthen the entrepreneurial ecosystem in India.

What is the BIRAC Leap Programme?

The BIRAC Leap programme, initiated by the Biotechnology Industry Research Assistance Council (BIRAC), aims to accelerate startups with high potential for impact and scalability.

The programme is specifically designed to provide financial support, strategic guidance, and mentorship to promising startups.

Dr. Mrutyunjay Suar, CEO of KIIT TBI and Chairman of BCKIC, highlighted the alignment of Gocarin Industries' vision with the objectives of the BIRAC Leap programme, stating, "We believe in the vision and potential of Gocarin Industries. Their commitment to leveraging technology to solve real-world problems in agriculture aligns perfectly with the objectives of the BIRAC Leap programme."

Focused on scaling operations

With this funding, Gocarin Industries plans to use the raised capital to scale its operations, enhance product development, and expand its market presence. 

Dr Ramanuj Panda, Founder and CEO of Gocarin Industries, said, “We are honoured to receive this support from KIIT TBI and BIRAC. This funding will be instrumental in driving our mission to revolutionize the agricultural industry by empowering farmers with cutting-edge technology solutions. The validation from such esteemed institutions is a testament to our team’s hard work and dedication.”