After tying up Rs 1.7 crore for six social impact startups in September last year, the Pink City-based incubator Startup Oasis has closed funding for another four ventures taking total funding to Rs 2.6 crore under the Innovative Ventures and Technologies for Development (INVENT) programme.

The UK government's department of international development (DFID) along with technology development board (TDB) had launched the INVENT programme in 2016 to support and fund social impact startups from the eight low income states of India. While the lead incubator for the initiative is Chennai-based Villgro, Startup Oasis is implementing it predominantly for the startups operating in Rajasthan and Madhya Pradesh.


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