Six companies that prioritize sustainability and were highlighted in Season 3 of Shark Tank India have received grants from the DBS Foundation. They received recognition for their dedication to pursuing both a profitable goal and a beneficial social or environmental impact. Sony Entertainment Television and DBS Bank India worked together to co-power the season. Shark Tank India awarded grants to 6 innovative startups, announced by the DBS Foundation
Grant distribution for company growth
The grants that were granted, which ranged in value from Rs 5 lakh to Rs 15 lakh, were intended to help the businesses grow their customer base, scale their operations, and increase productivity through technological improvements.
Shark Tank India- The startups that receive awards are
The Honest Household Company: This environmentally conscious company is in the lead in the fight against plastic pollution and offers eco-friendly packaging options. It uses organic raw materials devoid of hazardous chemicals to create household products.
A start-up company based in Faridabad, Dharaksha Ecosolutions specializes in biodegradable packaging made from mycelium. This addresses the problem of burning stubble and plastic pollution by providing biodegradable packaging options.
Arpit Dhupar & Anand Bodh founded this biotech start-up in 2020. It uses the fungus roots’ innate ability to secrete enzymes that break down complex organic matter. Mycelium grows until it forms a structure within its digested substrate that is almost solid.
Without (by Ashaya): This Pune-based start-up has developed a novel way to combine recycling waste with fashion in order to advance sustainability. “Without by Ashaya,” a company founded by Anish Malpani, has created a method for turning multi-layered plastics—which are frequently found in chip packets and are infamous for their recycling difficulties—into fashionable sunglasses.
FarmDidi: An IIM alumnus, Manjari Sharma founded this tech-driven food startup that gives rural Maharashtra women the ability to produce high-quality food items and earn a living.
XMachines: Located in Hyderabad X-Machines is a startup in robotics. It creates AI-powered robots to meet farmer demands. Its portable device automates the weed-removal process in agricultural fields with robotics technology. The device minimizes damage to nearby crops by accurately identifying and targeting individual weeds through the use of sensors and machine learning algorithms.
Trestle Labs: A Bengaluru-based startup called Trestle Labs has created a product called Kibo that can translate and digitize handwritten, audio, printed, and digital content in 60 different languages, including 12 Indian languages. More than 40,000 people use the Kibo app across 15 countries, including Bangladesh, Indonesia, India, Pakistan, and Nigeria.
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