Startup Name
Innocule Materials & Additives Pvt. Ltd.
Joined Startup Odisha:
September 21, 2017
Business Documents
Our team
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A major driver of the economy, the mineral industry in India faces major challenges today with the depletion of high-grade raw materials. The industry is now dependent on low quality ores, but this dramatically affects their cost and efficiency. Backed by intensive research and development, Innocule has developed a range of speciality chemicals that make processing of low grade Indian ores more efficient and cost-effective.
INNOCULE develops novel speciality chemicals to address existing bottlenecks due to use of low grade iron ore in steel industries
The organisation’s revenue touched Rs. 3 crores in 2017-18 after 1 year of launch. In FY 2016-17, their turnover was INR 65 Lakhs
The Startup has received Monthly Allowance Grant & Product Development and Marketing Assistance under the Startup Odisha Policy.
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