Assistance to Low Carbon Innovation

Greenamor Ventures showcases eco-friendly packaging as a low-carbon startup supported by Amrita Vishwa Vidyapeetham in 2024.

Amrita Vishwa Vidyapeetham’s award-winning Technology Business Incubator (Amrita TBI) is a non-profit startup incubator supported by the Government of India that provides comprehensive assistance for start-ups fostering and supporting a low-carbon economy or technology.

With a commitment to reducing carbon footprints and advancing the UN SDGs 2030 agenda, Amrita TBI has prioritized incubating startups that focus on low-carbon innovation—marking a crucial milestone in the journey towards a sustainable future.

Links:

• https://www.amrita.edu/unsdg-25/sdg7/assistance-to-low-carbon/ (Published: December 23, 2024)
• https://www.amrita.edu/center/amritatbi/ (Published: February 8, 2022; Updated 2024)

Funding programs by Amrita TBI and MeitY Startup Hub offering up to ₹40 lakhs and ₹50 lakhs for startups with application deadlines in 2025.

Amrita TBI’s 2024 Impact in Low-Carbon Innovation:

• 30+ Startups centered on developing low-carbon innovations nurtured
• 8 Inter-Campus Pitchfests hosted across all campuses
• Over $1.5 million raised in funding for low-carbon startups
• 137+ jobs created across low-carbon startup ecosystem
• Access to 100+ multidisciplinary labs at Amrita Vishwa Vidyapeetham

Through collaboration with Amrita’s Technology Enabling Center, students were exposed to carbon-intensive business-as-usual practices of existing companies, highlighting the challenges faced by consumers in adopting sustainable alternatives. By understanding these gaps, students were inspired to launch startups centered on low-carbon innovations.

Link: https://www.amrita.edu/unsdg-25/sdg7/assistance-to-low-carbon/ (Published: December 23, 2024)

1. Greenamour Ventures: Eco-Packaging Innovation

Focus: Eco-packaging and sustainable living solutions using reused materials

Industries Served: Cosmetics, food, and pharmaceuticals

Product Solutions:

• Sustainable packaging alternatives crafted from reused materials
• Eco-friendly containers for various industries
• Sustainable living products addressing environmental challenges

Impact:

• Pioneering circular economy principles
• Reducing plastic waste in packaging industry
• Creating affordable sustainable packaging options

Link: https://www.amrita.edu/unsdg-25/sdg7/assistance-to-low-carbon/ (Published: December 23, 2024)

2. Tranquility IoT & Big Data Solutions (TIBS): Energy Efficiency IoT

Focus: Revolutionary energy monitoring and management using IoT technology

Key Innovations Developed Under Amrita’s Support:

• Automated Irrigation Control System: Reduces water and energy wastage in agriculture
• Smart Meter Wireless Adaptor: Enables real-time energy monitoring through IoT connectivity
• Pressure, Temperature, and Vibration Sensors: Sustainable monitoring solutions for industrial applications

Impact:

• Enabling smart agriculture with reduced resource consumption
• Real-time energy data collection and analysis
• Supporting sustainable industrial monitoring

Link: https://www.amrita.edu/unsdg-25/sdg7/assistance-to-low-carbon/ (Published: December 23, 2024)

3. MiQasa: Home Automation and Smart Living

Focus: Low-carbon technology solutions for home automation and smart living

Recognition (Previous Achievements):

• “The Emerging Tech Startup of the Year 2017” by Entrepreneur Magazine India
• Top 42 Fundable Startups in India (India Fund Fest 2017)
• Acquired by Smartron (backed by Sachin Tendulkar), indicating successful market validation and growth

Impact:

• Pioneering smart home technology with low-carbon design principles
• Creating accessible automation solutions for sustainable living

Link: https://www.amrita.edu/unsdg-25/sdg7/assistance-to-low-carbon/ (Published: December 23, 2024)

4. Blinc Smart Homes: Smart Switches and Controls

Focus: Smart switches and plugs prioritizing low-carbon innovation

Technology Approach:

• Smart electrical infrastructure for sustainable buildings
• IoT-enabled controls for energy efficiency
• Eco-conscious design of smart home components

Impact:

• Reducing unnecessary energy consumption in buildings
• Enabling real-time energy management in homes

Link: https://www.amrita.edu/unsdg-25/sdg7/assistance-to-low-carbon/ (Published: December 23, 2024)

1. Amrita TBI Core Incubation Program

Program Structure:

• Supports startups in idea stages and growth stages
• Runs a scaled incubator program with comprehensive mentorship
• Operates multiple support programs including:
  • Accelerator programs
  • Entrepreneur-in-Residence (EIR)
  • PRAYAS grants for prototype development

Objective: Help startups scale nationally and internationally with focus on sustainable technologies

Link: https://www.amrita.edu/center/amritatbi/ (Published: February 8, 2022; Updated 2024)

2. NIDHI-PRAYAS Programme 2024

Funding Support (Application Deadline: December 8, 2024):

Amrita TBI is an approved NIDHI-PRAYAS centre by National Science & Technology Entrepreneurship Development Board (NSTEDB), Government of India.

Grant Amount: Rs 10 Lakhs (~$1,200 USD) to build a prototype

Focus Areas:

• Agriculture
• Manufacturing
• Internet of Things
• Healthcare
• Clean Tech
• Energy
• Water
• Other Technology areas

Benefits Provided to Low-Carbon Startups:

• Discounted services across technology platforms
• $1,000 AWS credit for Amrita TBI incubated startups; $5,000 credit for funded startups
• Discount up to 20% from partners for accounting, legal services
• GST Exemption
• No tax on revenue up to INR 50 lakhs per year for 3 years
• Co-working space access in Kollam, Bengaluru, and Coimbatore
• Access to 100+ cutting-edge multidisciplinary labs at Amrita Vishwa Vidyapeetham
• VC network access and angel investor connections
• Mentorship program with national and international mentors from Silicon Valley and Singapore

Link: https://fundsforcompanies.fundsforngos.org/grant/request-for-applications-amrita-tbi-nidhi-prayas-programme-2024-india/ (Published: November 21, 2024)

3. MeitY Startup Hub Programs (2024-2025)

Government-Supported Funding Programs:

Genesis Pilot Program:

• Total Funding: Up to Rs 40,00,000 (~$48,000 USD) per recipient
• Deadline: November 8, 2025
• Focus: Genesis-stage low-carbon startups

Matching Investment Funding:

• Total Matching Funds: Up to Rs 50,00,000 (~$60,000 USD) per recipient
• Deadline: October 31, 2025
• Focus: Growth-stage sustainable technology startups

Application: www.amritatbi.com

Link: Official announcement via Amrita TBI (2024-2025)

Distributed Incubation Locations

Amrita TBI operates physical incubation spaces in three strategic locations:

• Kollam, Kerala: Access to southern India’s innovation ecosystem
• Bengaluru, Karnataka: Hub for technology and clean energy startups
• Coimbatore, Tamil Nadu: Energy efficiency and manufacturing innovation center

Virtual Incubation Model (2024):

• Startups can operate from anywhere in India
• Access to full incubation support and resources remotely
• Flexibility for distributed team models

Facilities Available:

• Co-working spaces with state-of-the-art equipment
• Access to 100+ cutting-edge multidisciplinary labs at Amrita Vishwa Vidyapeetham
• Research equipment for renewable energy, IoT, and clean technology development
• Collaboration spaces for team building and innovation

Links:

• https://www.amrita.edu/center/amritatbi/ (Published: February 8, 2022; Updated 2024)
• https://fundsforcompanies.fundsforngos.org/grant/request-for-applications-amrita-tbi-nidhi-prayas-programme-2024-india/ (Published: November 21, 2024)

Specialized Mentorship Network

National and International Mentors:

• Mentors from Silicon Valley with expertise in clean technology scaling
• International mentors from Singapore with renewable energy focus
• Varied experience across multiple domains and sectors
• Access to VC network and angel investor connections

Mentorship Program Focus:

• Business model development for low-carbon technologies
• Technology validation and market assessment
• Funding strategy and investor relations
• Scaling and commercialization pathways for sustainable solutions

Link: https://fundsforcompanies.fundsforngos.org/grant/request-for-applications-amrita-tbi-nidhi-prayas-programme-2024-india/ (Published: November 21, 2024)

Entrepreneurial Forum at Pitchfest 2024

Event: “Navigating the Trillion Dollar Economy & Beyond” – Pitchfest 2024
Date: February 16, 2024
Venue: Amrita School of Business Amaravati

Event Structure:

• Morning Session: Expert insights on exponential growth and scaling strategies
• Discussion Topics:
  • Business development and growth hacking
  • Strategic planning for startups
  • Investment perspectives and market navigation
• Afternoon Session: Student Pitch Presentations for budding entrepreneurs
• Participants: 30 MBA students, primarily from ASB’s Amaravati campus
• Outcomes: Valuable networking opportunities and access to expertise and resources

Key Speakers:

• Mr. Madhu GN – Exponential growth and scale expert
• Ms. Loshini – Manager, B2B Partnership (Investment perspectives)
• Mr. Arun Kumar – Chief Strategy Officer (Growth and development insights)

The event served as a forge of ideas, insights, and networking opportunities for the next wave of innovators in the low-carbon economy.

Link: https://www.amrita.edu/news/startup-tales-and-amrita-school-of-business-amaravati-hosted-successful-entrepreneurial-forum-at-pitchfest-2024/ (Published: March 10, 2024)

Amrita TBI as India’s Best Technology Business Incubator:

Amrita TBI is recognized by the Government of India as:

• One of six “rarest of the rare” incubators selected under NITI Aayog’s Atal Innovation Mission (AIM) to be upgraded to world-class standards
• Recipient of $1.4 Million (INR 10 crore) funding over two years from NITI Aayog for state-of-the-art facilities and support
• Recognized under the Startup India program by Department of Science and Technology, Government of India

Track Record:

• 0% loss from investments in incubated startups
• Demonstrated success in nurturing sustainable technology companies

Link: https://www.amrita.edu/center/amritatbi/ (Published: February 8, 2022; Updated 2024)

Startup: Quantumweave Intelligence accepted into Amrita TBI’s virtual incubation program (February 26, 2024)

Benefit of Virtual Model:

• Startup can operate from anywhere in India
• Full access to Amrita TBI’s extensive resources and network
• Flexibility while maintaining comprehensive incubation support
• Enable startups outside Amrita’s physical locations to benefit from world-class incubation

Link: https://quantumweaveintelligence.com/?portfolio-item=quantumweave-intelligence-joins-amrita-tbis-virtual-incubation-program (Published: February 26, 2024)

DST Amrita TEC Technology Transfer (2024)

Automated Cashew Grading Machine Commercialization:

In collaboration with MAKS Automation and with MSME Ministry support, Amrita Technology Enabling Center successfully developed and commercialized an automated cashew grading machine:

Impact:

• Addressed labor shortages in Kerala’s cashew industry
• Reduced processing costs significantly
• Improved sorting accuracy and productivity
• Empowered the cashew industry for global competitiveness and sustainable growth
• Demonstrates model for technology transfer from research to commercial low-carbon applications

Recognition: Formal recognition plaque presented to Amrita TEC for successful technology commercialization

Link: https://amritatec.in/images/newsletters/July_2024-MAR_2025.pdf (Published: July 2024 – March 2025)

Amrita Technology Business Incubator (Amrita TBI)

Headquarters:
Amrita Vishwa Vidyapeetham
Amritapuri, Clappana P.O., Kerala – 690525, India

Physical Incubation Centers:

• Kollam, Kerala
• Bengaluru, Karnataka
• Coimbatore, Tamil Nadu

Website: www.amritatbi.com
Online Application: www.amritatbi.com
Supported by: Government of India, Department of Science and Technology, Startup India Program

Link: https://www.amrita.edu/center/amritatbi/ (Published: February 8, 2022; Updated 2024)

Through its comprehensive suite of programs, extensive mentorship network, state-of-the-art facilities, and government funding partnerships, Amrita TBI provides transformational assistance to startups fostering and supporting a low-carbon economy or technology. With 30+ low-carbon startups nurtured, over $1.5 million in funding raised, and four trailblazing startups addressing critical environmental challenges, Amrita TBI demonstrates institutional commitment to driving sustainable entrepreneurship and accelerating the transition to a low-carbon global economy.

Link: https://www.amrita.edu/unsdg-25/sdg7/assistance-to-low-carbon/ (Published: December 23, 2024)

1. https://www.amrita.edu/unsdg-25/sdg7/assistance-to-low-carbon/
2. https://www.amrita.edu/center/amritatbi/
3. https://fundsforcompanies.fundsforngos.org/grant/request-for-applications-amrita-tbi-nidhi-prayas-programme-2024-india/
4. https://www.amrita.edu/news/startup-tales-and-amrita-school-of-business-amaravati-hosted-successful-entrepreneurial-forum-at-pitchfest-2024/
5. https://quantumweaveintelligence.com/?portfolio-item=quantumweave-intelligence-joins-amrita-tbis-virtual-incubation-program
6. https://amritatec.in/images/newsletters/July_2024-MAR_2025.pdf
7. https://www.indiascienceandtechnology.gov.in/listingpage/tbis 
8. https://seedfund.startupindia.gov.in/portfolio 
9. https://andpurpose.world/nidhi-prayas-programme-2024-prototype-development-grant/ 
10. https://www.amrita.edu/events/arise/ 
11. https://www.indiascienceandtechnology.gov.in/innovations/incubators/amrita-technology-business-incubator-amrita-vishwa-vidyapeetham-university-clappana-kerala 
12. https://www.amrita.edu/research/projects/ 
13. https://www.amrita.edu/news/amrita-vishwa-vidyapeetham-showcases-innovative-assistive-technologies-at-empower-25-iit-delhi/ 
14. https://cdnbbsr.s3waas.gov.in/s312b1e42dc0746f22cf361267de07073f/uploads/2024/12/2024120930007241.pdf 
15. https://www.amrita.edu/news/amritas-technology-business-incubator-wins-national-award-from-dept-of-science-technology-govt-of-india/