Startup Oasis (www.startupoasis.in) is a joint initiative of the Rajasthan State Industrial Development and Investment Corporation (popularly known as RIICO) and the Centre for Innovation, Incubation and Entrepreneurship (popularly known as CIIE, the incubator based out of IIM-A) and is operating an Incubation Center out of Jaipur, Rajasthan since October 2013. Startup Oasis gets infrastructure and financial support from RIICO and knowledge support from CIIE.
Startup Oasis is a pioneer in Rajasthan and the leading incubator of the state, having supported 84 startups, including Razorpay Software that was selected to be part of the prestigious “Y Combinator Program” based out of the Silicon Valley - the second startup from India to have achieved this feat. Startup Oasis is also recognized as a Technology Business Incubator by the Department of Science and Technology (DST) under its NSTEDB program. It has been successful in promoting Jaipur and Rajasthan as a major Startup destination (by co-organizing a national level event aimed at startups and social entrepreneurship called the “Rajasthan Startup Fest 2015”,) in addition to building a great startup and innovation ecosystem in Jaipur. Rajasthan Startup Fest has now been adopted by the state and funds have been committed for organising the Fest for the next five years. Furthermore, the work done by Startup Oasis for the last 2.5 years has led to the Government formulating the Rajasthan State Startup Policy 2015 with active knowledge support of Startup Oasis (http://resurgent.rajasthan.gov.in/resurgent-policies/rajasthan-startup-policy-2015.pdf).