Gocarin secures ₹49 lakh funding from KIIT TBI

The funding will be used to scale Gocarin Industries’ operations, enhance product development and expand it’s market presence.

Gocarin Industries Pvt Ltd, an agri-tech start-up, has secured ₹49 lakh in funding from KIIT Technology Business Incubator (TBI) under the prestigious BIRAC Leap programme.

The funding comes as a part of the Central government’s initiative to support innovative start-ups and bolster the entrepreneurial ecosystem in India. BIRAC Leap, an initiative under the Biotechnology Industry Research Assistance Council (BIRAC), aims to accelerate start-ups with potential for high impact and scalability.

Quoting Ramanuj Panda, Founder and CEO of Gocarin Industries, a media statement said: “We are honoured to receive this support from KIIT TBI and BIRAC. This funding will be instrumental in driving our mission to revolutionise 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.”

For scaling operations

Mrutyunjay Suar, CEO of KIIT TBI, said: “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.”

The funding will be used to scale operations, enhance product development, and expand the company’s market presence, further solidifying Gocarin Industries’ position as a leader in the agri-tech industry, the statement said.

Published on June 18, 2025