InfinityBox, an IIT Kharagpur students startup, has received the seed capital award of $100K by the Hult Prize Foundation. It is the only Indian company that is the recipient of the seed capital award of USD 100,000 by the Hult Prize Foundation and alumni of Nexus Incubator by the US Embassy and Singapore Government-funded Young Social Entrepreneurs 2020. InfinityBox is working towards reducing the use of less single-use plastics in the food delivery industry. The startup has partnered with two of India’s most prominent food delivery companies, Swiggy in the B2C domain, and HungerBox in the B2B domain, to support them towards sustainable operations. The startup was also adjudged the national winners at the Innovate4SDG contest by UNDP (United Nation Development Program) Accelerator Labs India that included $5000 as a cash prize.
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