To Fund Promising Start-ups, Indigram Labs Ties Up with Dept of Science and Technology, NIDHI-SSS

Indigram Labs Foundation (ILF), a technology incubator and accelerator is enabling a DST seed fund support system for promising start-ups with a corpus of Rs 10 crore under the scheme "National Initiative for Developing and Harnessing Innovations - Seed Support System (NIDHI-SSS)" of the Department of Science and Technology (DST).

Indigram Labs is an agriculture ecosystem focused where technological, social, financial solutions are encouraged. Start-ups with innovative and executable ideas/products oriented to Agri sector are welcome to apply for this opportunity through the Indigram website. All the facilities and support provided by ILF are enlisted on the web portal.



NIDHI seed support is a system for providing financial assistance to potential start-ups with promising ideas, innovations, and technologies. This will help a few of the incubatee start-ups with innovative ideas and or technologies to graduate to a level where they will be able to raise investments from Angel Investors or get a loan from commercial banks /financial institutions. This funding mechanism narrows the gap between development and commercialization to a great extent.

The first meeting of the Executive/Management Committee under the scheme “NIDHI Seed Support System” from NSTEDB, GOI was held on September 09th, 2019 at ILF where several top-level government officials from Department of Science and Technology (DST) and other renowned businessmen comprised the selection committee.

Dr. Manisha Acharya, CEO, stated “Just like a seed is required for a planting a tree, this NIDHI seed fund will help our startups for their early-stage funding requirements which will help them to raise further funds and to scale up.”

Out of 45 applicants, the 5 (Five) applicants were selected for the presentation of the proposed seed funds. The following five shortlisted start-ups presented their business plan in front of the selection committee.

The members appreciated each of the company’s growth, so far, and opined that the innovative platform of the company will be really useful in future for tractor related products and services. The maximum investment cap of Rs. 25 Lakhs as NSTEDB seed fund was decided for investment in each of the Companies.

Indigram Labs is one of India’s leading agribusiness incubators based in New Delhi and ILF aims at fostering and nurturing viable business ideas through the process of consulting, mentoring, leveraging technology tie-ups and giving access to various platforms.

Bot Protection Platform InfiSecure Raises $600k in Seed Funding from IDG and Axilor Ventures

InfiSecure, a bot protection technology startup has raised $600K in seed funding from IDG Ventures and Axilor Ventures.

InfiSecure was launched in March 2016 as a SaaS platform for real-time bot detection and fraud protection. InfiSecure sanitizes a website’s traffic and improves business metrics using a 24x7 active SaaS solution.

Abhilash Pandey, an IIM-Calcutta alumnus and Founder at InfiSecure said, “More than 50% of all web traffic is generated by bots. There are good bots helping in improving SEO and bad bots engaged in fraudulent activities.

Without a bot mitigation strategy, all online businesses are bound to suffer from a myriad of online frauds. The frauds are too many and have a huge impact on various industries in terms of sales and brand value. Moreover, it is not cost-effective and technology efficient proposition to build an in-house solution to tackle the bot menace.”

The company is already protecting several global online businesses from scraping, bot abuse, fake traffic fraud, content theft, form spam and other online frauds that are caused by bots. InfiSecure gives businesses insights about their bot traffic and eliminates bad, unwanted or suspicious behavior in real-time.

“Bad Bots are becoming a big threat to the web security landscape. Through our analysis after acquiring global customers, our insight is that as the bot number, nature and online activity grows and as bots become more sophisticated, the impact on businesses will be greater in the upcoming years than ever before”, said Ashish Kumar Singh, CTO at InfiSecure.

“Bot protection is an emerging space and we believe has a large global market potential. We are very impressed with InfiSecure team and are happy to partner with them in this journey”, said Venkatesh Peddi, Executive Director, IDG Ventures India.

With the funds raised, the company plans to invest more on research and global business development. There will be a strong focus on technology innovation to cover more aspects of website protection.

Mr Ganapathy Venugopal, Co-founder and CEO of Axilor, added - “The demand for cybersecurity solutions is on the rise among online businesses to protect them from growing bot traffic. The InfiSecure team is well placed to solve this problem.”