Elevate 100
Overview
Elevate 100 is a government initiative launched in 2017 by the Department of Electronics, IT, Bt, and S&T of the Government of Karnataka, India. It aims to identify, nurture, and fund innovative startups across the state by providing grants, mentorship, and access to government and private venture capital funds. The program, managed by the Startup Cell and Karnataka Biotechnology and Information Technology Services (KBITS), selects startups through a competitive process to help them develop prototypes and scale their businesses. The initial 2017 program had a fund of around Rs 35 crore for the winners and provided access to a larger government startup fund of Rs 400 crore.
Portfolio Companies
3
Website
startup.karnataka.gov.inInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| GeoPhage Biotech Private Limited | Nov 2025 | Grant | Lead |
| Openwater.in | Aug 2017 | Grant | Co-investor |
| Vipragen Biosciences | Aug 2017 | Grant | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.