New Delhi, 18 September 2026: Vande Bharatam, Mr Gautam Adani’s nationwide initiative to discover and celebrate India’s grassroots innovators and entrepreneurs, has recorded its largest deal of the season yet. MiCoB, a Gujarat-based construction-technology startup founded by Ankita Sinha, Shashank Shekhar and Rishabh Mathur, secured a ₹30 Cr commitment on Episode 7, aired 12 September, from a panel that included Karan Adani, Managing Director of Adani Ports & Special Economic Zone Ltd Kalyan Krishnamurthy, CEO of Flipkart; Ashutosh Valani, Co-Founder of RENÉE Cosmetics; and Rajeev Kalambi, Co-Founder & General Partner at Cactus Partners.
About the Deal
The ₹30 Cr commitment was jointly offered by Kalyan Krishnamurthy and Ashutosh Valani. Separately, Karan Adani, Managing Director of Adani Ports & Special Economic Zone Ltd, offered support for MiCoB’s ongoing and future construction projects, opening a potential path for the startup’s technology to be deployed across Adani Group infrastructure.
About MiCoB
MiCoB has built a full-stack Digital Construction Manufacturing platform that goes beyond robotic 3D printing, integrating proprietary printable concrete materials, automated batching, intelligent mixing and pumping, controlled extrusion, robotic deposition, digital process planning and quality control into a single coordinated workflow. The platform converts construction into a controlled, manufacturing-led process – reducing dependency on conventional formwork and manual site execution, while enabling faster project delivery, lower material wastage and repeatable, scalable quality.
The startup’s technology is already deployed across defence, infrastructure and civil construction use cases, including bunkers, retaining structures, modular buildings, hospitality structures and industrial components. MiCoB positions itself as a technology and execution partner for large infrastructure groups looking to build faster, cleaner and more predictably.
Commenting on the deal, Karan Adani, Managing Director, Adani Ports & Special Economic Zone Ltd, said:
“MiCoB is a clear example of what Vande Bharatam is designed to surface — deep-tech innovation that’s already solving real infrastructure problems on the ground. Their platform has the potential to change how we build in this country, and we’re glad to back that journey.”
Speaking on the investment, Kalyan Krishnamurthy, CEO, Flipkart, said:
“What stood out to me was that MiCoB has taken its technology beyond the lab and is already deploying it across real-world construction applications. Seeing that level of execution at this stage was particularly impressive and I’m excited to support the team as they scale.”
MiCoB’s deal is the largest single commitment recorded on Vande Bharatam till now this season and also the single largest investment deal of its kind in India across similar platforms, underscoring the scale of opportunity the show is surfacing for India’s grassroots innovators. The season concludes on 17 September with its Grand Finale, where the winners will receive a ₹2 Cr cash prize backed by Adani Group.
About Vande Bharatam
Vande Bharatam is a nationwide grassroots innovation movement launched by Mr Gautam Adani to identify, nurture and showcase entrepreneurial talent from every State and Union Territory of India. Through a structured selection process, mentorship opportunities and a national finale, the programme aims to broaden access to entrepreneurial opportunity and support the next generation of Indian innovators.
Acclaimed actor, television host Mr Rajeev Khandelwal will serve as the Ambassador and Host of Vande Bharatam. With a career spanning television, cinema and digital platforms, he will help champion the initiative’s mission of identifying, celebrating and amplifying entrepreneurial talent from across India.
