Incubig, a promising Indian start-up, incubated at Goa Institute of Management’s (GIM) Atal
Incubation Centre (AIC) is making its way to Seoul for a global startup
accelerator programme supported by the Government of South Korea.
Incubig is one among four Indian startups who have been selected
for the K-Startup Grand Challenge, which is held every year in Seoul. At the
end of the acceleration programme, the Korean government will host a Demo Day
in December 2019 to felicitate the top startups. The first prize will receive
$100,000, second prize $40,000, third prize $20,000 and fourth prize $6,000.
The other three startups are MicroX Labs, Ekport.com and Xenon Automotive.
Importantly, the startups get access to a grant of up to
$100,000, free office space, one-on-one mentoring, expert support,
state-of-the-art R&D labs and the opportunity to work in the Global Startup
campus.
Incubig founded by Ankit Lehra and Mohammed Zaffer in 2017 aims
to solve the biggest threat to innovation – patent infringement. The start-up
has been incubated and supported through their journey by the team at the Atal
Incubation Centre (AIC) at Goa Institute of Management.
Ankit Lehra, Founder, Incubig said, “We started Incubig with a mission
to accelerate innovation on a global scale. Patent and research analytics play
a key role in guiding and accelerating innovation. We are just making sure that
this highly valuable analytics is accessible to individuals and organizations
for making informed research and business decisions, at the right time. South
Korea is one of the largest sources of patents applications. It feels really
great to be recognised by a country, which is highly research-oriented. The
next few weeks are focused on collaborations with leading corporations and
universities, along with mentorship programs on specific areas of business.”
Said Apoorv Sharma, CEO, AIC-GIM, “Incubig founded by the extremely
innovative and talented duo Ankit Lehra and Mohammed Zaffer are involved in
creating customised IP profiles of individual innovators and startups to
provide 360-degree patent analytics relevant to their product and technology.
Their unique analysis algorithms, patent-pending AI engine and result
enhancement mechanisms enable them to deliver results of the highest quality,
in a short time and at an affordable cost.”
Added Prof. Ajit Parulekar, Director, GIM,
“We are delighted
that Incubig, one of the many startups being nurtured at GIM’s AIC have been
selected to be among the four best Indian startups shortlisted to showcase
their innovative concept in Korea. The Incubation Center at GIM will continue
to serve as an active knowledge and resource catalyst for the development of
promising entrepreneurs and will aid in accelerating the growth of early stage
organizations from ideation to marketplace success.”
Goa Institute of Management (GIM) one of the premier B-Schools
in India, was selected by the National Institution for Transforming India
(NITI) Aayog, for setting up an Atal Incubation Centre (AIC) under the Atal
Innovation Mission (AIM) scheme. The AIC at GIM has created world class
incubation facilities at its campus in Goa.
NITI
Aayog’s Atal Innovation Mission including Self- Employment and Talent
Utilization (SETU) is one of the flagship programs of the Government of India
to promote a culture of innovation and entrepreneurship. AIC-GIM provides
pre-incubation facilities, common infrastructure and services such as
technology development assistance, networking and mentoring, funding access,
training and development, business support services (entrepreneurship
development, marketing, finance and accounting, research, legal, regulatory,
etc.) to innovators and startup entrepreneurs for developing solutions.
