Govt of AP signs an MoU with Gastrotope

Govt of AP Signs with Gastrotope

– Gastrotope aims to catalyze the ‘farm to fork’ ecosystem in India;
– Boosting startups in agriculture and food-tech space

Vishakhapatnam, November17, 2017:
AP Innovation Society, Dept of ITE&C, GoAP has signed an MoU with Gastrotope which is a joint venture between Mistletoe Inc, Japan, GSF India and Inforbridge for setting up a Farm to Fork incubator which will be incubating and accelerating startups in the areas of Agri Tech/Food Tech/ Aqua Tech and promote the ecosystem in the state of Andhra Pradesh. Sri Nara Lokesh , Honorable Minister for ITE&C said this initiative would enable growth and innovation in this prime sector. Gastrotope would manage the whole project and AP Innovation Society will facilitate it to carry out the project. Sri Rajesh Sawhney of GSF India ,Ms Naho Shigeta of Infobridge and Dr. V. Valli Kumari from AP Innovation Society participated in the program. GSF India has been running a successful accelerator in Delhi and Gastrotope is also backed by Taizo Son, the Chief Executive of Japanese Startup Studio, Mistletoe, which would help in further promotion of the startup eco system in AP.

About Gastrotope
Gastrotope is the JV between Mistletoe, GSF India and Infobridge. Gastrotope support creators of food, the chefs and farmers, who value gastronomy and sustainable farming. Gastrotope mission is to accelerate food producers (that includes farmers, fishermen, and value adders) and chefs who are looking to leapfrog. We strongly believe that a sharing economy in “farm to fork” lifecycle will create great value for the ecosystem.

About Mistletoe
Mistletoe is the collective impact community to empower startups and innovators to create a more human-centered and sustainable future through technology. It is comprised of founders, investors, entrepreneurs, researchers, and visionaries in the startup and venture communities who share the lofty ambition of addressing the problems humanity faces in the near and long-term future.

About GSF India
Started in 2012, GSF network has three components: an accelerator, an angel network, and tech conferences. GSF is India’s leading startup accelerator program, having accelerated over 40 startups in Delhi, Mumbai, and Bangalore. Among these, 5 startups have exited, about 40% have raised venture rounds, and over 80% have gone on to raise angel funding. The GSF investment team includes: Rajesh Sawhney, Hiro Mashita, M&S Partners, Anand Chandrasekaran (ex-CPO of Snapdeal), Sumesh Menon (founder of Utopia Mobile and Woo), Dinesh Agarwal (founder of Indiamart), and Ashish Toshniwal (founder of Y Media Labs, San Francisco).

About Infobridge
Creating a bridge between India and Japan, Infobridge has more than 10 years experiences here in India. We provide consulting and business development services to Japanese in India. Infobridge also has expertise in bringing several Japanese startups to India, too.

About AP Innovation Society
AP Innovation Society was formed by the Government of AP with a vision of promoting entrepreneurship in the state with a mandate of envisioning ‘One Entrepreneur from every family’. Innovation society helps in providing infrastructure, mentorship, seed funding, connections to investors, market access and market research in addition to support for patenting, licensing, technology transfer and commercialization support.