AIC Raise
3RD FLOOR, BLOCK 2B, SF NO 653/1A3B, RATHINAM TECHNICAL CAMPUS, POLLACHI MAIN ROAD, Coimbatore, Tamil Nadu, 641021, India
Overview
The AIC RAISE BUSINESS INCUBATOR is India's first Startup Incubation Centre focusing on United Nations Sustainable Development Goals, we are nurturing and supporting startups and entrepreneurs established with the support of the Atal Innovation Mission of NITI AAYOG, Govt. of India. We are creating a holistic ecosystem for social start-ups for maximizing profits while maximizing benefits to society and the environment.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Investment portfolio
- E Sandhai
Participated · Equity · Jan 2023
E-Sandhai is an agri-tech B2B company that addresses wastage from supply/demand inefficiencies in tier-2 and tier-3 cities by predicting fresh-produce prices using real-time data. The platform aims to solve farmers' supply/demand problems and connects produce to hotels, retail shops and micro shops. The startup has begun geographic expansion, having forayed into Tiruchi and Perambalur, and is focusing on launching in Thanjavur in the next few weeks; Thiruvarur, Pudukkottai and Nagapattinam are planned next. Financially, E-Sandhai has raised capital from a mix of angel and institutional backers and will receive additional government‑linked funding shortly to support expansion. The company plans to use the funds to enter newer geographies and scale its supply-chain and price-prediction operations. The article does not report other operating metrics such as revenue or user counts.
Team
Mini Gautam
Legal and Compliance Partner
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