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|In: Incubators|Last Updated: | 0 Comments

Startup incubator Kstart, an initiative of Indian venture capital firm Kalaari Capital, announced a collaboration with IBM to foster the startup ecosystem in India. Together, Kstart & IBM will offer training & mentoring sessions and Kstart’s entire roster of seed-stage portfolio companies will have the opportunity to apply for the IBM Global Entrepreneur Program, which provides business mentoring, technical support, networking opportunities with enterprise clients and credits to help entrepreneurs build their applications on IBM Cloud.

According to a 2015 report by industry body NASSCOM and Zinnov, India holds the third position in the world in terms of the number of startups, and has the fastest growing startup base worldwide [Source – NASSCOM]

To support this boom in the Indian startup ecosystem, Kstart and IBM will work together to spur the next generation of innovation throughout the country and ensure that startups have access to the support they need to get their solutions into the marketplace. IBM business leaders and technology experts will help Kstart portfolio companies create go-to-market strategies, achieve market alignment and augment their technology road-maps. IBM will also invite Kstart participants to training sessions on cognitive learning, analytics and product design.

In return, Kstart will drive awareness and engagement with IBM’s Global Entrepreneur Program (GEP), where startups can apply for up to $120,000 in cloud credits to develop and run their applications on IBM Cloud. Credits can be used on cloud infrastructure or development through Bluemix, which offers 150 APIs from IBM and third parties, including a number of Watson APIs.

Developers can tap into next-generation technology areas like cognitive computing, IoT & analytics and rapidly bring their solutions to market on a cloud platform that spans 46 cloud data centers worldwide. The GEP also provides business mentoring, technology expertise and connections with IBM’s global roster of enterprise clients.

IBM’s collaboration with Kstart is an extension of IBM’s commitment to the Indian ecosystem and builds on the company’s previous announcements, including its cloud data centre in Chennai and partnership with NASSCOM for Techstartup, a digital hub wherein the entire Indian startup ecosystem, including angels, mentors, investors, academia and venture capitalists, can interact with each other to grow the cloud market. Shortly after launching that hub, IBM also introduced localized hubs in Bangalore [techstartup.in] and Delhi [delhi.techstartup.in].

Nipun Mehrotra, Vice President, Growth Initiatives IBM India/ South Asia said

We believe in creating an environment that can foster innovation, which is why we working with Kalaari Capital to encourage and support the startup community in their journeys. IBM is committed to helping incubators, early stage startup companies and next-generation developer communities get access to a range of IBM innovations around cloud, analytics, mobile and cognitive to build and innovate. By using a combination of IBM’s technology offerings, guidance and support, startups can accelerate their time-to-market and establish enhancements that differentiate the customer experience.

Sandy Carter, general manager of the developer ecosystem and startups at IBM said

IBM partners with key incubators and accelerators around the world in order to support local startups. We offer cloud technology, business expertise and industry knowledge in support of these great enablers of entrepreneurship.

Kalaari is one of India’s largest VCs with a fund value of $650 million and investments in companies like Snapdeal, Urban Ladder, Simplilearn, Myntra and more. Kalaari has made a significant investment in the ecosystem by starting an early stage startup incubator and is taking this investment a step further in its relationship with IBM.

Vani Kola, Venture Capitalist, Kalaari said

We have chosen to work with IBM because of the value of its Global Entrepreneur Program, which aligns with our own core tenants of success, including business mentoring and supportive networks. Collaborating with IBM will help us equip our entrepreneurs with the right expertise and tools to succeed. We welcome our new working relationship with IBM to create impact in India by enabling next-generation startups. We appreciate the support and initiative from IBM to foster the startup community. 

About Kstart

Kstart, a Kalaari Capital initiative, is a unique seed program designed to empower next generation startups and accelerate disruptive ideas to become market-leading companies. For details, please visit kstart.in and follow Kstart on Twitter @kstartIndia

[Image Source* – KStart]

|In: General|Last Updated: | 0 Comments

With India becoming world’s fastest growing startup ecosystem country today, Startup India is the new buzzword by the Government of India. The numbers are telling—from 3,100 startups in 2014 to a projection of more than 11,500 by 2020… this is certainly not a passing trend.

Venture capital investments in India reached INR 15,600 crore till June 2015, surpassing the total INR 14,850 crore invested in entire 2014, setting the stage for another record year as interest in local technology startups peak.

In order to highlight the specific areas of growth opportunities and challenges being faced in and by the incubation ecosystem, Incubation India 2015, a Conference on Business Labs comprising the Investor, Incubator startups ecosystem was organized in Delhi.

Dr. Raghunandan Rajamani, Executive Director, Indian Steps & Business Incubators Association said

India needs several folds increase in mechanism such as incubation & acceleration that can assimilate entrepreneurs to make them globally successful.

Incubation in India is not more than decade old but it has and can create a huge impact. Incubation in healthcare and life sciences is far too complex if we were to compare it with IT. Healthcare is a very social subject hence tightly regulated and needs a completely different and dynamic ecosystem to take the product from bench side to bed side.

As per the detailed analysis by BIORx Venture Advisors, Healthcare is a favourable incubation sector and liked by all the investors as long as it is asset light but technologically sound and patentable.

Mr. Gandhi, Founder & Executive Director, BIORx Venture Advisors Pvt. Ltd said

Medical devices is one such sub sector which is gaining a lot of traction from all the players of the ecosystem. This is largely on the assumption that India’s own domestic consumption for such products is very high hence financially lucrative and viable for the medium to long-stage investors who will benefit the country’s healthcare needs.

Various Key decision makers, Start-ups, Incubators, VC’s & Young Entrepreneurs were the part of this first of its kind niche Conference in India to discuss the Initiatives taken to promote the concept of technology and business incubation in India, Marketing & communications strategies for early stage startups Incubating in Healthcare sector:Opportunities and Challenges

According to Mr. Kapil Malhotra, Founder Marketing Director, Total Solutions Group

A part of the Total Solutions Group Have been investing in startups over the past decade ranging from telecom, FMCG, IT, skill development amongst others. We believe that India is at the perfect point to offer entrepreneurs opportunities for growth through incubation that has not been previously available. Events like Incubation India are the perfect platform for bringing entrepreneurs, incubators, funders &mentors together. We believe that many of the start ups present today will become unicorns of the future.

Themed ‘Creating Value 360°‘, the Incubation India 2015 conference provided an opportunity for interactive discussions and insights on incubation trends, solutions and unique initiatives. 

According to Mr. Ashish Taneja, CO-Founder & Managing Director, Grow X Ventures

It’s a great initiative by Incubation India to raise awareness about role of an Incubator and Accelerator on the Initial step of Startup.

Some of the Key issues discussed in the conference

  • Impact of Business Incubation on the economy.
  • Value creation strategies in Business Incubation.
  • When does a Start-up turn into a Scale Up?
  • Valuing to exit and exiting for a value: Startups, VC’s, Incubators.
  • Marketing and communication strategies for early stage startups
  • Growing impact of Venture Capital in Business Incubation.
  • Fuelling entrepreneurial activity: Incubators, Accelerators, Co-Working Spaces,Technology Hubs.
  • Initiatives taken by the Government and Non-Government organisations, educational institutions to promote the concept of Technology and Business Incubation.
  • Opportunities for startups in investment management services.

For more information on Incubation India, please visit Incubation India Homepage

|In: startups|Last Updated: | 0 Comments

After the successful completion of its flagship conference Apps India 2015, Brite Exhibitions has announced the launch of Incubation India 2015. A conference of its time where startups and incubation are the new whiz kids of the resurgent emerging India. Incubation India is the first of its kind niche conference attracting delegates from the startups/VC/incubation business eco-system to be held on 2nd December 2015 at Hotel The Grand, New Delhi.

Themed Creating value 360o, the Conference will highlight specific areas of growth opportunities and challenges being faced in and by the incubation ecosystem.

Incubation India 2015 event offers an ideal interactive business platform for the key decision makers, Start-ups & young entrepreneurs alike across the Incubation business ecosystem in India [Incubators, Corporate Biz labs, Co-Working spaces, VC’s, Accelerators, Angel Investors, Advisory & Consultancy firms & many more]

The Incubation India 2015 conference will include panel discussions on Creating Value 360o, Initiatives taken to promote the concept of technology and business incubation in India, Marketing & communications strategies for early stage startups, Incubating in Healthcare sector.

Panelists/speakers at Incubation India 2015

Detailed agenda is below

[Click on the image to Enlarge]

Apart from the varied experienced speakers/panelists, the conference has two niche concurrent programs :

  • Biz Zone – An exclusive Business Zone for the ecosystem to introduce their technology and solutions to a focused audience.
  • Startup idea to IPO – A workshop conducted by Rajan Bhatia on behalf of NSE Emerge

Ms. Bunny Sidhu, Project Director, Brite Exhibitions, organizer of the conference said

Brite Exhibitions serves as a representative office and sales agent in India for international exhibition organizers. The young at heart team has combined experience of 50 + years in exhibitions industry. We are a group of professionals, who believe in working with passion to create various niche business networking platforms.

For more information, please refer IncubationIndia

|In: Incubators|Last Updated: | 0 Comments

Target India hosted a Demo Day for the third batch of start-ups graduating from the Accelerator Program. The five start-ups, Find Me A Shoe, TimeFlex, BugClipper, Discover Dollar & House of Blue Beans showcased transformative ideas developed during the four-month immersive program.

Navneet Kapoor, president and managing director, Target India said

Being the first mover in this space in India, this initiative has provided us a unique opportunity to work with some of the best entrepreneurs, who have the potential to solve global retail problems. We have already worked with 15 start-ups over three batches and it has been tremendously exciting and satisfying to see start-ups mature their product journeys through this engagement, while helping Target accelerate its innovation journey. We are committed to growing the scope of this initiative and will continue to nurture path-breaking ideas that hold the potential to disrupt the retail industry.

Many of the start-ups, who have graduated from this program, have continued to work with Target beyond the program. For example, Whodat Spaces continues to offer virtual reality guest experiences & Visarity helped us with digital marketing solutions over the last few months. Future engagement opportunities with the current batch are being evaluated.

Strengthening innovation capabilities within the organization, the third batch also provided three internal Target teams a platform to work alongside the five external start-ups. These teams will grow and implement their ideas at Target.

The third batch focused on themes like Merchandising, Digital Marketing, Omni-channel, Mobile, Supply Chain & Analytics Technology, along with areas like Finance and DevOps that are core to retail technology. The five start-ups which presented at today’s Demo Day were:

Along with the graduation of its third batch of start-ups, Target is also excited to announce a partnership with GOQii, a wearable technology start-up. With a focus on wellness, Target is undertaking various initiatives to promote team member well-being. Making healthy living easier and more fun, every team member in India will be given a GOQii device to help track their well-being goals. This is one of the largest corporate wellness group purchases of GOQii devices to date.

Target is now accepting applications for the fourth batch of the Accelerator Program. You can apply for the same here. Scheduled to commence early next year, the four-month initiative will be run out of a specially designed, energetic and creative hub at Target India’s office in Manyata Tech Park, Bengaluru

[Image Credit* – ExcellMktg]

|In: Incubators|Last Updated: | 0 Comments

PayPal, the global leader in online payments have announced the selection of four new Financial Technology [FinTech] startups – CashFree, D-Rewards, Notifie & ftcash – as new entrants into its ‘Start Tank’ Incubation Center in Chennai. The announcement was made after the final round of pitching during the 4th Start Tank Incubation Challenge on Friday, which saw more than 125 startups apply for a place in the incubator this year.

Start Tank demonstrates PayPal’s commitment to enabling the startup ecosystem in India. Launched in 2013, the incubator provides an obligation-free environment for early-stage startups to evolve at its exclusive facility in PayPal’s technology center in Chennai. PayPal offers incubated startups with technology and business mentorship, infrastructure support and networking opportunities with both investors and customers.

As PayPal looks to transform money and become an everyday part of people’s financial lives, Start Tank has aligned its focus around startups in the Payments and FinTech space. Applications called for startups focused on core payment features such as wallets, gateways and remittances, as well as payments enablers and adjacencies like bio-metric authentication, security and financial inclusion.

Anupam Pahuja, General Manager, Technology, Asia-Pacific, PayPal said

I am excited to see the entrepreneurial space in India take-off in just a short few years. Today, India ranks third among global startup ecosystems in the world PayPal’s Start Tank has been tremendously successful since its inception. All of our incubated startups so far have either successfully secured funding or are finalizing strategic partnerships. We are delighted to welcome this promising new batch of startups into Start Tank, and look forward to them scaling even greater heights through our incubation program.

ThinkTankWinners

Start Tank Incubation Challenge winners

CashFree

Founded by Akash Sinha & Reeju Datta, enables payments to provide a better buying experience for consumers making online and cash transactions. By keeping payments at their core and building tools on top of it, they want to simplify the way people pay for their products they buy every day.

Reeju Datta, Founder, CashFree said

Being associated with a brand like PayPal is a huge step forward for a young payments startup such as CashFree. Globally speaking, we don’t think there is anyone better than PayPal to handle problems associated with payments on a large scale. We hope to leverage this  expertise of PayPal, specifically in the areas of risk management as that will be one of the key issues for our startup as we scale-up.

D-Rewards

Founded by Vijay Krishna & Shoaib Mohammed is a cloud-based CRM tool for offline small business retailers that enables end-to-end customer engagement using loyalty as a platform for profiling. It features in-house analytics & targeted promotions, bridging the gap between the business and its customers.

Vijay Krishna, Co-Founder & Head of Business Strategy, D-Rewards said

D-Rewards was designed to bring ease of customer engagement for businesses, keeping in mind the customers and the various ways through which they can be pampered. It has been an exciting journey so far, engaging 20000 consumers part of 48 outlets across Chennai, Bangalore and Hyderabad using our product to give out 8.5 lakhs in loyalty & selectively target customers with customized offers.

However, being incubated at Start Tank opens up new windows of opportunities for us. We currently don’t have an advisor or mentor on board to guide us through the process of setting up a startup and we hope to benefit from PayPal’s expertise in this field.

ftcash

Founded by Sanjeev Chandak, Deepak Kothari  & Vaibhav Lodha aims to empower the under-served micro-merchant sector with the power of mobile payments. It provides seamless solutions for micro-merchants to accept payments through multiple payment instruments including debit cards, credit cards and mobile wallets.

Sanjeev Chandak, Chief Executive Officer, ftcash said

It feels great to win PayPal’s Start Tank incubation challenge and we look forward to the experience. It has been less than a year since we launched Ftcash and there is still a long way to go. We hope to leverage PayPal’s technical and business acumen to improve our product as well as service offerings to our customers.

Notifie

Founded by Dr. N. Raja Chinnathamby & Arun Nedunchezian aspires to be the one-stop messaging platform for a two-way business to customer communications via Smartphones.

The platform supports various multimedia formats and aims to be the ideal replacement for traditional SMS. Notifie currently has five paying customers from the education, financial and retail industries.

Arun Nedunchezian, Co-Founder and Chief Technology Officer, Notifie said

For a startup, validation is everything and to receive that from a company like PayPal is highly satisfying. Notifie currently has five paid clients. However, there are several factors that goes into making a startup successful and we look forward to learning those nuances from PayPal. We look up to the company as a successful startup and hope to get their support in helping us reach the next level.

PayPal’s Start Tank incubator was launched in 2013 in partnership with The Indus Entrepreneurs [TiE] Chennai. The Start Tank incubator has previously hosted six startups and provides access to global mentors, angel investors and venture capitalists.

Three companies incubated at Start Tank – Kobster, Fantain and DoPartTime – successfully graduated in May 2015. Kobster also secured an undisclosed amount of seed investment, while PiQube, another startup currently being incubated at Start Tank, recently raised $500,000 from The HR Fund.

In 2014, PayPal’s ecosystem work was recently recognized with the ‘Ecosystem Enablement for Startups’ award from Zinnov, in July 2015.

About PayPal Start Tank

PayPal India formally launched its startup incubator in association with TiE Chennai in November 2013. The exclusive facility in PayPal’s Chennai technology center provides an obligation-free environment as well as technology and business mentorship for select startups to evolve. It has an office area of more than 11,000 square feet with a world-class incubation space, state-of-the-art conference rooms and other amenities.

Start Tank is located globally across PayPal offices in London and Chennai and provides access to global mentors, angel investors and venture capitalists. More information about Start Tank here

|In: Business|Last Updated: | 0 Comments

Symantec & Frost Data Capital has announced a partnership to fuel innovation in cyber security analytics, big data and Internet of Things [IoT] security. Symantec and Frost Data Capital will create and seed early-stage startups with funding, resources and expertise. These startup companies will receive access to Frost Data Capital’s data analytics ecosystem and deep knowledge and will have the opportunity to collaborate with Symantec to solve the most complex challenges shaping tomorrow’s threat landscape.

Frost_Synamtec

Talking about the plan, Jeff Scheel, SVP, Strategy, Alliances and Corporate Development at Symantec said

We’re taking a fresh look at driving innovation in the market and this partnership will enable Symantec to transform raw ideas and concepts into meaningful security companies. By collaborating with Frost Data Capital, we create an environment primed to incubate new, innovative and disruptive startups in cyber security – especially in the realm of IoT technologies where verticals like process control, automotive, health care and energy require specialized skills.

The partners will take non-traditional steps to confront the next generation of threats targeting emerging technologies by incubating up to 10 companies per year that will deliver advanced cyber security analytics. Frost Data Capital underpins the incubator with seasoned entrepreneurs, proven innovation methodology and process, & deep expertise in big data analytics, IoT, industrials and healthcare.

John Vigouroux, Managing Partner & President, Frost Data Capital commented

We’re seeing a huge opportunity in the IoT security market. We’re excited to work with Symantec to bring cutting-edge, relevant security analytics solutions to market rapidly, in order to prevent next generation cyber-attacks on corporate infrastructures. Symantec brings to the table world-class security technology, global presence and strategic relationships that will be instrumental to launching these startups.

Recent Symantec research shows cyber attackers are leap-frogging defences in ways companies lack insight to anticipate. Further complicating security efforts, criminals are increasingly leveraging legitimate technology like enterprise software and corporate management tools, as well as emerging technology, such as connected devices to carry out attacks.

About Frost Data Capital

Frost Data Capital is a combined incubator and venture capital firm with a unique approach, designed specifically to capture some of the enormous value that will be created as the “Big Data” revolution unfolds. Based out of Southern California, Frost Data Capital has built an eco-system of innovative startups, with deep expertise in big data, entrepreneurialism, advanced technology, analytics, and the Industrial Internet. For more information, please visit Frost Data Capital

|In: Entrepreneurship|Last Updated:

Target India announced the third batch of the Target Accelerator Program [TAP]. Five startups, Findmeashoe, TimeFlex, BugClipper, Discover Dollar & House of Blue Beans will be developing disruptive ideas that are relevant to the retail industry.

The four-month immersive program will focus on themes such as Merchandising, Digital Marketing, Omni-channel, Mobile, Supply Chain & Analytics Technology along with areas like Finance & DevOps that are core to retail technology.

Target_Accelerator

The program has evolved to strengthen the innovation capabilities at Target – the latest batch includes three internal teams in addition to the five external start-ups. The initiative will provide team members a platform to test and learn faster. For the start-ups, this presents a chance to understand how Target is transforming to better meet the needs of our guests.

Speaking about TAP, Navneet Kapoor, president and managing director, Target India said

Engaging with the start-up ecosystem provides access to innovative ideas and a newer talent pool that helps us advance our innovation journey. We are excited that the scope of the Target Accelerator Program has been extended to include three internal teams in addition to the five startups. This evolution in scope reflects the breadth of ideas being explored within the organization and externally. Our teams and the startups have a great opportunity to develop their ideas and co-learn through this initiative.

Five Startups selected for the TAP are below:

  1. Findmeashoe helps find the right footwear through virtual shopping
  2. TimeFlex provides cloud based monitoring for micro environments
  3. BugClipper reports bugs and share feedback through screenshots and screen recordings
  4. House of blue beans provides best-in class 3D product visualizations
  5. Discover Dollar’s revolutionary technology stops leakages and over-payments

The internal ideas include applications for curated sales suggestions and DevOps related solutions:

  1. XL-O-Rest provides automated testing suite for restful APIs
  2. ZeroToOne provides a DevOps platform for product engineering
  3. Sales Suggest helps curate sales suggestions for team members during in-store guest interactions

Target extensively reviewed several start-up applications and conducted a competitive evaluation internally to finalize the third batch. This program will run out of a specially designed energetic and creative hub at Target India’s office in Manyata Tech Park, Bengaluru. The teams will have access to a pool of industry’s best mentors and retail insights from Target leaders.

About Target Corporation India

As an extension of our headquarters, Target India operates as a fully integrated part of our global team. Target India’s more than 2,300 team members are engaged in work that supports Target’s global strategy across business areas such as technology, marketing, human resources, finance, merchandising, supply chain, property development, analytics and reporting.

Target cares about and invests in the career development of more than 347,000 team members worldwide and the communities where they live and work. Target’s International Giving Program focuses on creating accessible, quality educational opportunities for children and youth in many of the countries where Target has offices, including India.

[Image Credit – YourStory]

|In: Incubators|Last Updated:

PayPal announced the graduation of three startups incubated at its Start Tank Incubation Center in Chennai. The three companies — DoPartTime, Fantain & Kobster — started their incubation at Start Tank between 2013-14. The occasion marks another milestone for Start Tank, which is located within PayPal’s Technology Center in Chennai.

PayPal

PayPal’s Start Tank aims to identify and incubate the country’s next generation tech startups. These startups receive technology mentorship and infrastructure support from PayPal, as well as business mentorship from charter members of The Indus Entrepreneurs [TiE] Chennai.

Speaking about the graduation, Anupam Pahuja, General Manager, Technology, Asia-Pacific, PayPal said

As one of the world’s largest startups, we at PayPal are proud to see the graduating startups benefit from our mentorship and expand their teams and businesses while at Start Tank. This occasion is another major step in our commitment to the development of a strong technology ecosystem in India. We wish the three companies the best in their entrepreneurial endeavors.

Details about the Graduating Startups

Do_Part_Time_1DoPartTime, founded by Mohankumar Swaminathan and Arun David, is a marketplace for bringing together part-time job seekers and job providers. The portal facilitates the finding and hiring of flexible and temporary jobs through a technology-led web and mobile platform. The company was selected through the Start Tank Incubation Challenge startup selection event in Chennai.

Talking about the experince, Mohankumar Swaminathan, Co-founder & CEO, DoPartTime said

This tenure at PayPal has helped us with a myriad of opportunities. The periodic review meetings and regular technology guidance gave us the necessary direction to grow our company. We also made our first sale through the incubator when we helped fellow-incubatee – Kobster hire 15 candidates. We are aiming to become the country’s “hyperlocal job marketplace”.

Fantain_1Fantain, founded by Anand Ramachandran & Vivek Venugopalan, helps sports companies use ‘Fan Data’ to increase revenue and predictability. Through its ‘Fan Data Management Platform,’ it engages, collects, and analyzes ‘Fan Data’ from various sources and provides actionable insights to customers.

During its stint at Start Tank, Fantain expanded its headcount to 15 and won 3 clients, including the Indian Premier League T20 cricket team Sunrisers Hyderabad. Fantain was the recipient of the ‘Promising Startup Award’ at the Confederation of Indian Industry [CII] Startupreneurs Conference & Expo 2014.

Talking about their stint, Aravind Ramachandran, Co-founder & Chief Product Officer, Fantain

Sports fan engagement is a niche business, yet a highly potential space in India. PayPal’s fantastic support enabled us to take risks and achieve our targets in a relatively short period of time. We currently have more than one-third market share in our area of focus.

Kobster_1Kobster.com, founded by Vineet Neeraj, Karthik Ramaiah & Mohan Gayam, is a web-based, B2B e-commerce player that helps corporate buyers, retailers, SMEs, home offices, hotels, etc. to purchase office supplies in bulk at wholesale rates.

Kobster recently raised an undisclosed amount of seed funding from Splice Advisors and has seen its revenues grow from INR 40 lakhs to INR 6.5 crores by April 2015 while at Start Tank. The company aims to become the largest B2B provider in the space by creating an online platform for buyers and wholesale sellers from across the country.

Talking about their experience at PayPal, Karthik Ramaiah said

When we joined Start Tank, we were a four-member team. We’ve now become a 23-member strong enterprise and expanded our revenues tenfold. PayPal has been like a fourth co-founder, helping us build our company through their technological expertise and a great professional network including lawyers and chartered accountants.

About PayPal Start Tank

PayPal India formally launched its startup incubator in association with TiE Chennai in November 2013. The exclusive facility in PayPal’s Chennai technology center provides an obligation-free environment as well as technology and business mentorship for select startups to evolve. It has an office area of more than 11,000 square feet with a world-class incubation space, state-of-the-art conference rooms and other amenities.

Start Tank is located globally across PayPal offices in London and Chennai and provides access to global mentors, angel investors and venture capitalists. Start Tank Chennai currently hosts two other startups: Konotor and PiQube. PiQube recently secured $500,000 in funding from The HR Fund. More information about Start Tank here