FiiRE
The Don Bosco College of Engineering, behind PWD office, Fatorda, Margao, Goa, 403601, India
Overview
Forum for Innovation Incubation Research and Entrepreneurship is a technology business incubator established with the support of Department of Science and Technology, Government of India under the National Initiative to Develop and Harness Innovation. FIIRE is dedicated towards helping move the startup process from the garage to the laboratory. FIIRE implements a structured incubation process to make the startups investable and leverage the strengths of the ecosystem to help startups scale faster. FIIRE aspires to be the ‘GO TO’ Technology Business Incubator in the country supporting one hundred startups by 2023. FIIRE is hosted at the Don Bosco College of Engineering Fatorda, promoted by The Fatorda Salesian Society which is part of the world wide society of Don Bosco having branches in over hundred countries. In India, Don Bosco Society have over five hundred institutes engaged in the education of the young.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Funding Platform
- Incubators
- Non Profit
Investment portfolio
- hypergro
Participated · Seed · Aug 2023
Hypergro is a Bengaluru-based marketing-technology firm focused on boosting brand revenues and reducing customer acquisition costs by addressing poor return on ad spend (ROAS). The company emphasizes technology and AI to optimize ad spend and break the cycle of high spending with low results. Founded in 2022 by Rituraj Biswas (CEO and head of product), Neha Soman (heads business), Abhijeet Kumar and Arijit Mukhopadhyay, the team aims to make its solutions broadly available to brands. Hypergro says rising customer acquisition costs and weak ROAS are the primary market problems it targets. The startup cites a growing online market opportunity in India, predicted to reach $3.1 billion by 2024. It has raised early-stage capital to scale product and go-to-market efforts.