Gocarin secures ₹49 lakh funding from KIIT TBI under BIRAC Leap programme

Agri-tech startup to utilize funds for scaling operations, product enhancement, and market expansion, supported by BIRAC Leap initiative

New Delhi: Gocarin Industries has successfully secured ₹49 lakh in funding from the KIIT Technology Business Incubator (TBI) as part of the prestigious BIRAC Leap programme.
The BIRAC Leap programme, managed by the Biotechnology Industry Research Assistance Council (BIRAC), aims to accelerate startups with significant impact and growth potential. 
Dr. Ramanuj Panda, Founder and CEO of Gocarin Industries, expressed, “We are honored to receive this support from KIIT TBI and BIRAC. This funding will be instrumental in driving our mission to revolutionize the agricultural industry by empowering farmers with cutting-edge technology solutions. The validation from such esteemed institutions is a testament to our team’s hard work and dedication.”
With this new funding, Gocarin Industries plans to improve its product offerings, broaden its reach, and continue its innovation in the agri-tech domain.
“We believe in the vision and potential of Gocarin Industries. Their commitment to leveraging technology to solve real-world problems in agriculture aligns perfectly with the objectives of the BIRAC Leap programme,” said Dr Mrutyunjay Suar, CEO KIIT TBI, DG (R&D) KIIT University, and Chairman BCKIC.
The BIRAC Leap programme, tailored for high-potential startups, will provide Gocarin Industries not only with financial backing but also with strategic guidance and mentorship. 
The newly acquired funds will be utilized to scale up operations, enhance product development, and expand the company’s market presence, further establishing Gocarin Industries as a leader in the agri-tech industry.