The Government of India's Ministry of Electronics and Information Technology awarded three firms incubated by JECRC Incubation Centre (JIC) a Rs 1 crore scale-up grant. The startups, which included a Jaipur-based startup, Puaerte Visual, were incubated at the Jaipur Engineering College and Research Centre's (JECRC) Incubation Centre as part of MeitY's Technology Incubation and Development of Entrepreneurs (TIDE) 2.0, a startup investment assistance project.

28 incubation centres around the country submitted 172 startup applications to MeitY Startup Hub (MSH), including three submissions from JECRC Incubation Centre businesses. The startups had to go through a series of rigorous and time-consuming evaluations. All three JIC firms were shortlisted after two rounds and got a total scale-up award of Rs 1 crore amongst them.

Arpit Agarwal, Director, JECRC Foundation, said, “The scale-up grant will help nurture the entrepreneurial talent of the country. This achievement is a testament to the fact that students’ hard work, passion and perseverance can make them go a long way. JECRC will be there with these startups in all their phases and continue to extend support in whichever way possible.”

Cargo Exchange is an end-to-end logistics intelligence platform that drives value in supply chains through digitalization and optimization, while Puaerte Visual is a do-it-yourself platform with a simple dashboard that generates virtual environments for organisations in less than 30 minutes. Aloe-Ecell aims to solve the problem of hazardous batteries by developing the world's first aloe vera-based 1.5V AA size batteries that are both non-hazardous and environmentally acceptable.

Dheemant Agrawal, CEO, JIC, said “the centre creates an ecosystem that makes all startups and budding entrepreneurs market-ready. Technology is the future of education and all incubation centres should focus on honing and nurturing the untapped talent of the country.”

JIC is one of only 20 Group 2 Centres (G2C) in India, according to MeitY, the Indian government. JIC has been actively offering a favourable startup ecosystem to help aspiring students and entrepreneurs scale and accelerate the growth of their market-ready enterprises for more than three years.

The incubation centre and techno-cultural clubs, which provide the necessary tools and work as a catalyst for the students' ambitions and ideas to come to realisation, enable students to establish extracurricular activities and refine their talents.