Archive · 9 Aug 2025
Kalpataru: Startups in Visakhapatnam Address Mission-Critical Issues
Imagine a place called Kalpataru where new tech companies (startups) are born.
This place, supported by the government and big companies, helps these startups create cool new tech.
They're using smart tools like drones and AI to help factories and businesses work better.
One group is checking smokestacks, another is fixing problems in the steel-making process, and a third is measuring stuff in big piles.
These companies have already made money and found investors to grow.
Kalpataru is all about bringing smart ideas and big companies together to build a better future for everyone by making industries more efficient.
STPI established the Kalpataru Centre of Entrepreneurship (CoE) in Visakhapatnam to support Industry 4.0.
The CoE provides infrastructure and support for startups developing solutions for Industry 4.0.
44 startups have been onboarded, generating around Rs.4.75 crore in revenue and raising Rs.1 crore in external funding.
Startups are addressing challenges for PSUs like RINL using technologies such as AI and drones.
The initiative is a collaborative effort between government, industry, academia, and startups.
- Who
- Software Technology Parks of India (STPI), Rashtriya Ispat Nigam Limited (RINL), and various startups.
- What
- The establishment of the Kalpataru Centre of Entrepreneurship (CoE) to support Industry 4.0 and the startups it incubates.
- When
- The CoE has onboarded 44 startups within a short span.
- Where
- Visakhapatnam, India.
- Why
- To transform traditional industries using Industry 4.0 technologies and boost India's digital economy.
- CoE Name
- Kalpataru Centre of Entrepreneurship
- Location
- Visakhapatnam, India
- Focus
- Industry 4.0 technologies
- Startups Onboarded
- 44
- Revenue Generated
- Rs.4.75 crore (approx. $570,000 USD)
- External Funding
- Rs.1 crore (approx. $120,000 USD)