Uber announced UberEXCHANGE finalists at the Global Entrepreneurship Summit 2017. As a part of this program, ten startups won an-all-expense-paid trip to San Francisco, where they will visit Uber’s headquarters to meet the executive leadership team and be introduced to potential investors.

Image Source – UberExchange

UberEXCHANGE was launched in 2016 as a part of Uber’s mission to create a startup ecosystem in partnership with Invest India. Since then, over 150 startups have been mentored by Uber’s senior leadership team. The finalists have been chosen through a rigorous selection process anchored by T-Hub, Telangana’s flagship startup incubator and accelerator. Among the winning startups, 5 startups are based in Hyderabad – Anytimeloan, Docturnal, Imaginate, Ekincare and Carengrow.

Speaking on the occasion, Shri. K.T.Ramarao, IT Minister, Government of Telangana said

Many compliments and congratulations to Uber and the startups that have been selected for the trip to San Francisco. T-Hub will continue to guide the startups and Uber is an exceptional partner who can really take them places. I hope the startups do extremely well going forward.

Amit Jain, President, Uber India & SA said

We are very excited to announce UberEXCHANGE finalists at the Global Entrepreneurship Summit 2017. We launched this program in partnership with T-hub last year  to support the Prime Minister’s Startup India vision. Since then, we have had the opportunity to mentor over 150 starups and be a part of their entrepreneurial journey. We thank the Government of Telangana and T-hub for their continued support in helping us bring this initiative to life.

Srinivas Kollipara, COO, T-Hub said

We aim to create opportunities for the startups in India to benefit from the global ecosystem through exchange of knowledge, access to mentors and investors. Through UberEXCHANGE, several startups  in India have benefited from hands-on mentorship sessions by Uber’s global leadership team. We are looking forward to continuing this partnership to provide a platform that will help many more Indian startup succeed in their entrepreneurial journey.

Gayam Raja, Founder, Gayam Motor Works said

We signed up UberEATS as our first customer for limitless e-bike in Singapore, Hongkong and San Francisco through UberEXCHANGE. Thanks to UberEXCHANGE and T-Hub for the kickstart.

UberEXCHANGE Delegation to San Francisco include:

  • Anytimeloan.in is a P2P platform for anyone who is in need of an instant loan or for people looking to leverage their savings by lending in a proven and scientific ecosystem, in a paperless and contactless environment.
  • carenGrow monitors complete physical, psychological and behavioural health profile of children in school through objective and non-invasive decision based intelligent monitoring system.
  • Docturnal, a non-Invasive point of care screening and diagnostics for tuberculosis & diabetes related ailments leveraging real time machine learning results.
  • Preva Systems offers end-to-end solutions in the area of real time identification, location and mobility of things/assets using its IoT platform enriched with analytics for superior business results.
  • eKincare is a patent pending wellness platform that integrates medical records, healthcare services and leverages predictive analytics to design wellness initiatives & reduce healthcare costs
  • AlgoSurg is a cloud-based software platform  for ‘X-ray based 3D surgery planning and patient specific instrument (PSI) design’ for deformity correction and replacement surgeries.
  • Imaginate Software Labs is a renowned augmented reality (AR) and virtual reality (VR) based technology enterprise, that offers innovative visualization products and services. Through its strong and proven technology expertise, it offers experiential solutions in the fields of retail, defense, enterprise, finance, entertainment and healthcare sectors.
  • JioVio HealthCare aims to provide home based predictive maternal care ecosystem in both urban and rural areas. Inspired by beauty, JioVio helps create a better, healthier lifestyle by bringing IOT base medical devices to pregnant women, encouraging them to take care of their health and to be informed.
  • Gayam Motor Works manufactures electric bikes and smart autos – the first EV in India with automatic battery swapping system.
  • Gray Routes Technology Pvt. Ltd is a leading provider of location analytics and field automation software. They aim to transforms the way the world’s leading brands use data to solve their toughest distribution problems.

3M signed a MoU with the Government of Karnataka at the ongoing three-day Bengaluru Technology Summit.

As per the MoU, 3M will provide a ‘Booster Service Kit’ and conduct, on a ‘pro-bono’ basis, mentoring sessions to start-ups in the areas of commercialization process, stage gate discipline, building a business case and accelerating product launch, competitive and pricing analysis, and differential value and options analysis. This will be conducted as per the program and schedule mutually agreed by the parties involved.

Mr Krish Sridhar, Head R&D, 3M with Honorable Minister Priyank Kharge, ITBT & Tourism, Government of Karnataka, Gaurav Gupta, Karnataka Principal Secretary, Dept.of Information Technology, Biotechnology and Science & Technology and, Salma Fahim, MD, KBITS and Gaurav Gupta, Principal Secretary, IT & BT Department.

Speaking on the occasion, Shri Priyank Kharge, the State Minister for IT, BT and Tourism, said

We are pleased to announce a partnership with global conglomerate 3M. It is our hope that start-ups in the State will benefit from the wide range of mentoring sessions by industry specialists from 3M in the areas of commercialization, stage gate discipline, building business cases, competitive pricing analysis and differential value analysis.

3M is a multinational conglomerate corporation that transforms technology into solutions. It supplies an array of innovative products across applications such as electronics, healthcare, industrial, safety and security.

Government of Karnataka announced its partnership with the Business France India to develop and intensify mutual beneficial cooperation on 5 programmes under the umbrella of the French Tech.

This MoU sees promise in the dynamic start-up ecosystem which has emerged in France over the last few years as well as the strength of Karnataka as a start-up hub. .

Five areas of collaboration have been identified for the MoU, which include:

  1. French Tech Tour to India – For participation in the BengaluruITE.biz
  2. French Tech Ticket – Promotion of French Tech Ticket & NAIN and other incubators/accelerators in Karnataka
  3. French Tech Hub – 22 French Tech Hubs have been setup in the world and the first in India will be established in Bengaluru
  4. International collaboration
  5. Learning and commercial expedition

Honorable Minister Priyank Kharge, ITBT & Tourism, Government of Karnataka, said

Bengaluru has been the innovation and start-up hub of the country and has proven to be a preferred location for start-ups. We intend to provide best in class exposure to our start-ups for cross learning, incubation and partnerships. In this regard, the partnership with Business France India will enable Karnataka start-ups to leverage the inherent strength of France in education and R&D. The establishing of the French Tech Hub in Bengaluru will provide a single point access to innovations in France.

Mr Jean Francois AMBROSIO, Head of Tech & Services Dept. Director Business France South India with Honorable Minister Priyank Kharge, ITBT & Tourism, Government of Karnataka, Gaurav Gupta, Karnataka Principal Secretary, Dept.of Information Technology, Biotechnology and Science & Technology and, Salma Fahim, MD, KBITS and Gaurav Gupta, Principal Secretary, IT & BT Department.

About Business France India

Business France is the national agency supporting the international development of the French economy. Its three key responsibilities are to:

  • Support French or foreign companies with their international development
  • Facilitate job-creating foreign investment in France
  • Promote France’s attractiveness to business

Sattviko, one of the fastest growing food companies in India, has been awarded as the most prominent food startup in the Agri, Food, & Forestry Products segment at The National Entrepreneurship Awards. The National Entrepreneurship Awards have been instituted by the Ministry of Skill Development and Entrepreneurship [MSDE] to encourage a culture of entrepreneurship across the country.

The award ceremony was presided over by Arun Jaitley Minister of Fiinance & Corporate Affairs, Shri Dharmendra Pradhan Honourable Minister of Petroleum & Natural gas & skill development & Entrepreneurship, Anantkumar Hegde Honourable minister of skill Development & Entrepreneurship and Chanda Kochhar, MD & CEO ICICI Bank.

Started in the year 2013 with quick service restaurants, Sattviko has grown exceptionally to becoming a healthy lifestyle brand offering packaged food products that combines the goodness of age old wisdom of Ayurveda with the unique taste and flavor of contemporary cuisines. Sattviko has a range of ethnic product categories including Roasted Makhana, Khakhra Chips, Ajwaini Flax Seeds, Dry Mango, Khakhra Chips, Gur Chana, Salsa Almonds, etc. Sattviko fosters wellness and shares Indianness by incorporating modern flavors on traditional ethnic snacks.

Commenting on the recognition, Prasoon Gupta, Co-Founder of Sattviko, said

We are elated to be awarded as the most prominent food startup in the country. Since our inception, our focus has been on delivering an exceptional experience to our customers who are looking to adopt healthy lifestyle and its practices. Today’s customers are experimental in trying new cuisines yet the familiarity of certain flavours remains the requirement. Sattviko brings the benefit of both with its age-old recipes and exotic preparation methods.

Sattviko products are currently available at modern retailers such as Metro Cash & Carry, More, Hypercity and in general trade across Delhi, Mumbai, Bangalore, Hyderabad, Chandigarh, Amritsar, Jalandhar, Kolkata, Lucknow, Gurgaon, Faridabad and Surat.

The National Entrepreneurship Awards seek to recognise the efforts and achievements of exceptional entrepreneurs and those individuals and organisations who are working in the field of entrepreneurship development. The Awards also seek to highlight models of excellence for others to emulate and improve upon. The winners were selected through a three stage rigorous selection process. Winning individuals/ enterprises were given a prize amount of Rs. 5 lakhs.

About Sattviko

Sattviko started in the year 2013, and has been on an epic ride ever since. From launching the quick service restaurants and fine dine chains to becoming synonymous as a healthy lifestyle brand, it has stayed true to its core beliefs of delivering an exceptional experience to customers who are looking to adopt a healthier lifestyle but don’t want to compromise on the taste. Sattviko ethnic Indian snacks while being roasted & baked without any preservatives or artificial flavours provides a very healthy alternative to the current fried options available in the market. For more information, please visit Sattviko

The Indian School of Business [ISB] and Shakti Sustainable Energy Foundation have joined hands to launch the Clean Energy Lab, a uniquely designed incubation programme to support early stage non-profits working on creating policy impacts in clean energy.

Image Source – ISB CleanTech

Supported by DLabs, the incubation and acceleration arm of ISB, the Clean Energy Lab invites entries from non-profits, working in the areas of renewable energy, climate change and energy efficiency. The Lab aims to identify individuals and thinkers with big, audacious ideas to create research based policy impact in India and build their concepts into scalable institutions.

Talking about the need and importance of such an initiative, Professor Rajendra Srivastava, Dean, ISB, said

Clean energy is the need of the future and India is already making a mark globally for its initiatives in this space. The government has drawn up an ambitious agenda to become self-reliant in generating renewable energy by 2022. Against this backdrop, research focused non-profits can play an important role in influencing policy and pushing India towards a cleaner environment in the years to come. Through the Clean Energy Lab, ISB is excited to partner with Shakti Foundation to support non-profits who are seeking to create large scale policy impact in building and scaling their ideas and contribute to the larger goal of nation- building.

The Clean Energy Lab will identify and incubate five exceptional ideas to create policy action on clean energy. The selected participants will have access to the following

  • Sustenance Support of up to INR 4.8L
  • Dedicated Mentorship by an Expert Panel consisting of energy and non-profit experts
  • Access to infrastructure at the ISB Campuses
  • Strategic advisory support and access to networks
  • Impact Measurement Support to determine milestones and assess growth
  • Access to Organizational Development Services

Sharing his views on the rationale for developing the Lab, Krishan Dhawan, CEO, Shakti  Sustainable Energy Foundation said

One of Shakti’s roles as the only foundation focused on India’s clean energy sector is to build and strengthen the capacity of civil society in order to participate more effectively in policy dialogue and action. Platforms like the Clean Energy Lab are an important part of the solution. The Lab is India’s first incubation programme to support high potential ideas that can be built into scalable institutions as well as create evidence-based policy impact in the area of clean energy. Given India’s increasing energy demand and urgent development priorities, outcomes from the Lab can make a very important contribution.

Who can apply and more details

Early stage non-profits including NGOs, community based organisations, think tanks, foundations, research institutions working in this space and individuals with potential ideas are eligible to apply. The last date to apply is November 15, 2017. To know more visit this page

The yearlong incubation programme commences in January 2018 and will include dedicated mentorship with assigned experts, capacity building and training sessions and a multitude of opportunities to network and partner with potential collaborators.  The Lab would conclude in December 2018 by which the all the non-profits would be registered entities culminating in a Showcase Pitch Session where the non-profits would pitch to philanthropic organisations for funding.

DLabs is the incubation and acceleration arm of the ISB set up in collaboration with the Department of Science and Technology, Government of India. It aims to support the creation of a vibrant and high impact entrepreneurial ecosystem focused on innovation in key sectors including technology commercialization. DLabs leverages the vast resources, expertise and networks of Centre for Innovation and Entrepreneurship at ISB through mentorship, education and investor connect.

Further details about the program are available here

Espark Viridian Accelerator [earlier covered here and here], a startup accelerator for early and growth seeking startups in-association with Headstart Network Foundation, announced Marketyard Agrisolutions from Pune as the winner of its – SmartUp 2017, a pan India B-plan Competition.

Image Source – ESpark Viridian

SmartUp 2017 offers a nurturing platform with competitive spark to facilitate budding entrepreneurs by validating their ideas, mentor them under globally acclaimed experts and offering access to a wide network of investors.

Marketyard is a Mobile Platform that enables Users to buy, sell and rent everything related to agriculture using Classifieds services, Hourly Weather Forecast, Digital Land Records, Local Business Listings, etc. They help farmers to directly sell to end consumer by removing the need for middlemen.

Machstatz from Bengaluru an end to end solution in the IIoT [Industrial Internet of Things] space became the first runner-up and ClinMD from Jaipur which offers help doctors to record store and digitize regular handwritten notes & prescriptions was chosen second runner-up. The winning teams were awarded a cash prize of Rs 1 Lakh, Rs 50000 & Rs 25,000 respectively.

Vibhuti Channa, Director, Espark-Viridian Accelerator, said

India has a 1.25 billion of youth population and entrepreneurship is the need of an hour. Our endeavor has been to identify budding entrepreneurs and provide them with all necessary support. It is important to nurture and guide an idea in its early stage to ensure it reaches its maximum potential.

Espark-Viridian in association with Headstart Network is committed to promoting entrepreneurship in India. The top 25 startups were shortlisted by the jury members. The event culminated in Delhi at KiroriMal College Delhi over two days dedicated to intensive one to one mentoring by expert mentors and investors followed by a pitching session.

The esteemed jury — which included Arpit Agrawal [Principal, Blume Ventures, Co-founder and Director, Headstart Network Foundation], Ashish Taneja [Managing Director, Growx Ventures], Paresh Gupta [Founder, Global Centre for Entrepreneurship and Commerce], Amit Singh [Founder & CEO, Wow Labz Co-Founder and MD, Headstart Network Foundation] and Vibhuti Channa [Director Espark- Viridian Accelerator] – selected the prize winners.

Anil Lade, Founder – Marketyard Agrisolutions, said

Such Competitions provide a good platform for young entrepreneurs to showcase their talent and gain from one on one mentoring. I am thankful to the Espark-Viridian and Headstart Network who have provided clarity in further enhancing my idea.

About Espark-Viridian

Espark-Viridian is a startup accelerator for early and growth seeking startups. We offer an up-to 18-month multi-center, multi-sector accelerator programme through 5 centres spread across Bangalore, Chandigarh, Gandhinagar, Mumbai and Delhi-NCR. To know more, please visit Espark-Viridian

Industree Foundation launched its new initiative ‘Mission Creative Million‘ at a round table, during the World Economic Forum’s India  Economic Summit. Shri Chandrababu Naidu, Honourable Chief Minister, Andhra Pradesh, launched the initiative at an event that was held Hotel Taj Palace, New Delhi.

Established in 2000, Industree Foundation addresses the root cause of rural poverty in India by establishing ownership-based manufacturing enterprises for majority women micro-entrepreneurs in the farm and off-farm sector. Industree assesses the traditional skill base of communities, organises them into production units, develops products that appeal to modern markets, and creates consistent demand, opening up the 40 billion dollar global market for these entrepreneurs.

Industree Foundation has already trained 30,000 women artisans in India and Africa through collaborative efforts with organisations like Future Group, IKEA, the Commonwealth Secretariat, Grassroots Business Fund, and National Skill Development Corporation. Industree has also directly impacted over 2,000  producers and tripled their incomes, having built two of India’s largest off-farm producer companies.

‘Mission Creative Million’, Industree’s latest initiative designed to empower entrepreneurs and create jobs, aims to impact one million creative producers in the next 5 years, dramatically scaling up outcomes.

According to Neelam Chhiber, Founder and Managing Trustee

With the right training and tools, producers can become owners of their own businesses and leaders in their communities. That is why we have developed a model that empowers producers with skills training, market linkages and the professional management support they need not only to build sustainable futures for themselves but also create hundreds of new jobs.

Creative Million projects are already in various phases of execution in Karnataka, Tamil Nadu, and Odisha, and are in the planning phase in Andhra Pradesh, Telangana, Rajasthan and Uttar Pradesh. This is in partnership with the Ministry of Textiles, Karnataka and Andhra Pradesh state governments, along with companies such as Sonata Software, Mindtree, Mercuri Urval and impact organisations like MasterCard Center for Inclusive Growth, British Asian Trust, Social Venture Partners, Womanity, Dasra and UNDP.

The first few pilots have impacted more than 75,000 producers. Industree also partners with organisations like Fair Trade Forum India, All India Artisans and Craftworkers Association, to ensure the reach extends to a million people.

Speaking about the initiative, Shamina Singh, President of Mastercard Center for Inclusive Growth, a key partner, said

Unlocking the potential of artisan producers to earn, save and invest is critical to ensuring that India’s economic growth is inclusive and sustainable. We are proud to partner with Industree, government ministries and other private sector leaders to realize the promise of the creative million business model.

Espark Viridian Accelerator [earlier covered here and here], a startup accelerator for early and growth seeking startups in-association with Headstart Network Foundation, brings a unique opportunity for all the aspiring entrepreneurs- SmartUp 2017. SmartUp is a Pan India Business Plan Competition that could help win a cash prize worth Rs 1.75 lakh, entry to Espark-Viridian’s accelerator program, live one-to-one mentoring, potential to raise seed investment, network with all the who’s who of the business world.

Image Source – ESpark Viridian

Espark-Viridian in association with Headstart Network are committed to promote entrepreneurship in India. Early stage startups having original idea and clear business model with significant market research are eligible to apply. Top 25 startups will be shortlisted by selected jury members. The event would culminate with two full days dedicated to one to one mentoring from national level mentors followed by a pitching session to top rated investors wherein one could get a chance to raise a seed investment. The deadline application submission is 25th September 2017.

Vibhuti Channa, Director, Espark Viridian Accelerator, said

We, at Espark-Viridan Accelerator believe that India has tremendous potential and startups are the future of business ecosystem. This is a one-of a–kind business plan competition for budding entrepreneurs to turn their dreams into reality. Besides a potential to raising seed investment, the startups will get the opportunity for one-to one mentorship.

Amit Singh, Co-founder & MD, Headstart Network, said

SmartUp 2017 is Espark-Viridian and Headstart’s endeavor to identify and nurture India’s young entrepreneurs who have the aspiration and ability to solve big problems through their ventures. With Espark-Viridian’s enablement led program and Headstart’s country wide network -we seek to make mentoring and funding accessible to the early stage startups.

Individuals with an idea and passion for entrepreneurship need to register at SmartUp 2017  for participation.

About Espark-Viridian

Espark-Viridian is a startup accelerator for early and growth seeking startups. We offer an up-to 18-month multi-center, multi-sector accelerator programme through 5 centres spread across Bangalore, Chandigarh, Gandhinagar, Mumbai and Delhi-NCR. To know more, please visit Espark-Viridian