About the Innovation and Startup Desk in Mumbai

Intro about the Desk, its mission and activities

Innovation desk in general is an initiative by ICE aka Italian trade agency for assisting the highly innovative Italian startups in expanding its business in domestic and offshore markets.

The placement of the innovation desks is in accordance with the importance of the cities and its close vicinity to the foreign investors for attracting investments towards the Italian startups. Apart from attracting investments; the innovation desks are involved in other innovative activities towards attracting Italian investment in the host countries for most happening initiatives by the country’s respective governments.

The major sectors of focus for Innovation desk Mumbai are:

1. Indian Startup Ecosystem

2. Italian Startup Ecosystem

3. Smart Cities India

4. Open Innovation extending to Frugal Innovation

5. Research Institutes in India & Italy for Research Co‐operation


May 2018: There is light at the end of the tunnel. An announcement of Walmart acquiring Flipkart is likely as early as on  Wednesday (May 9), said a source with direct knowledge of the discussions.

Walmart will acquire over 70 percent stake in Flipkart in a deal worth over $15 billion. There will be fresh capital infusion of over $2 billion, and tech giant Google will come aboard as an investor. While Co-founder Sachin Bansal is likely to exit completely, current Group CEO and Co-founder Binny Bansal may most likely continue (albeit selling part of his over 5 percent stake) at Flipkart in the same role, or as Chairman for the time being.

Flipkart CEO Kalyan Krishnamurthy will likely retain his role, and may also join the Board of Directors post the acquisition.


SoftBank, which according to sources preferred a deal with Amazon, will exit completely. It had invested around $2.5 billion in the company in 2017 to become the single largest shareholder in the company. Tiger Global, whose Partner Lee Fixel has been at the forefront of the negotiations, might retain a nominal stake in the company along with Accel Partners, the earliest investor in Flipkart, and other more recent investors like Tencent and eBay.

The company has already bought out other small investors to bring the number of stakeholders down to under 50--to make Flipkart a private limited company in Singapore, where it is registered.

The deal is likely to value Flipkart at upwards of $20 billion, a remarkable turnaround for the company that was struggling as recently as 2016 when rival Amazon overtook it in terms of market share in two consecutive months. Flipkart fought back later that year with festival season sales by refocusing on core verticals like mobile phones and exclusive partnerships and won back market share.

Amazon had made a last-minute aggressive bid earlier this month in an attempt to scuttle the Walmart deal. While the big investors SoftBank and Tiger, initially preferred Amazon, the Flipkart management always preferred Walmart. Tiger sided with the management and eventually so did SoftBank. Now the countdown to the deal announcement begins.

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Nov 2017: After a two-month-long grueling contest, ELEVATE 100, India’s first comprehensive entrepreneurship platform reached a crescendo with Government of Karnataka earmarking Rs 20.03 crore to fund startups that were selected.

The final list of Elevate100 startups covers the entire gamut of the startup ecosystem in Karnataka. In all, 38 IT/ITES startups were sanctioned a grant of Rs 5.50 crore, 27 medtech startups were sanctioned Rs 4.30 crore, 17 electronic system design and manufacturing (ESDM) startups were allotted Rs 3.6 crore, 12 biotech startups got Rs 2.80 crore, Rs 1.33 crore was earmarked for six animation, visual effects, gaming and comic (AVGC) startups, four Agriculture startups were sanctioned Rs 1 crore, Rs 40 lakh for three cleantech startups and four startups working in the field of aerospace & aviation were sanctioned Rs 1.10 crore.

Karnataka IT Minister - Priyank Kharge

“Ideas transform cultures and ecosystems, and it's incredible to be a part of that,” said Priyank Kharge, Karnataka Minister for IT, BT & Tourism.

“The efforts of Karnataka government don’t stop at elevating these chosen 100. We see ELEVATE 100 as a continuing process, where the best ideas from the State get the support and guidance they deserve,” the minister said.

“The incredible journey of Elevate100 through the length and breadth of the State also changed my perspective on the quality of talent we have here. Even the smallest lanes of an interior town in Karnataka has something to offer which can truly change the world. Elevate100 shines light on our incredible social capital,” Kharge said.

ELEVATE 100 programme, an initiative of the Department of Information Technology and Biotechnology, Government of Karnataka, traversed the length and breadth of the state in a rigorous hunt to pick the top 100 startups and help them turn their ideas into successful businesses. The pitching sessions were held in Mysuru, Kalaburagi, Mangaluru, Hubballi and Bengaluru, where around 1,700 startups pitched to elevate their ideas to successful ventures. The initiative also attracted 350 women entrepreneurs and 400 applicants from the rural areas. The selected startups will have access to Karnataka government’s Rs 400 crore startup fund besides access to government VC funds, pilots, private VC funds, accelerators and mentors.

With eight MoUs inked by Karnataka government on the sidelines of the ‘Elevate 100 Conference’ in Bengaluru on August 30, the selected 111 startups will receive additional support and assistance from a host of private players.

While Google will provide $3,000 worth of cloud credits for startups registered with Startup Cell, PricewaterhouseCoopers will provide mentorship and consulting services for sustainable growth of registered startups. YES Bank will offer banking services, API integration and customised solutions, and Kotak Bank will help startups set up business by providing assistance in registration processes, accounting, income tax returns, GST returns and tax audits among other support. TiE, Assocham and 3M will mentor startups in different areas and Growth Enabler will help in profiling the startups for provide greater visibility on digital space.

Amazon Activate will provide $3000 worth of cloud credits for startups registered with Startup Cell and Indian Law Practices will provide legal consultancy services for the identified startups. Digital Ocean will also provide a $100 one-time credit for all startups registered with Startup Cell and a $1,000 one-time credit for startups that are being funded under Karnataka Startup Cell. Zoho will provide the startups 35+ integrated applications on one account with complete administrative control and complementary mobile apps.

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Jan 2017: We are proud to present the profile of Evja’s, an Italian start-up that has developed a system based on sensors and predictive algorithms to help farmers make better decisions.

Startup: Evja

Founders: Davide Parisi, Antonio Affinito, Luciano Zarulli, and Paolo Iasevoli

Year it was founded: 2015

Where is it based: Italy

The problem it solves: IoT-based analysis for better agricultural produce

Sector: Agritech

Funding raised: Bootstrapped

The demand for food around the world is rising. By 2050, calorific demand will increase by 70 percent and the demand for crops for human consumption and animal feed will increase by at least 100 percent. Food and agribusiness, a $5-trillion global industry, will only get bigger.

With an intent to make a difference using Internet of Things (IoT) in the food market, three friends Davide Parisi, Antonio Affinito and Luciano Zarulli — all in their thirties — started Evja. The trio was joined by Paolo Iasevoli (30) when he moved back to Italy after a few years spent working abroad. 

Evja is a platform that helps farmers make better decisions using a system based on sensors and predictive algorithms. The startup was born in Naples, Italy, in summer 2015.

Their product hit the market last year, starting from Italy, and Evja is already moving forward with partners and customers worldwide.

Paolo says, “We really wanted to use our IoT know-how to do something cool in the agricultural market. Agriculture is a key area globally, due to issues such as overpopulation, pollution and deforestation. We thought it would be great if farmers could really understand what was happening on their fields.”

Decision support system

Evja’s founders created OPI, which stands for O.bserve P.revent I.mprove. It is a decision support system (DSS) designed for the agribusiness — a network of sensors collects all significant data from the field and sends them to a central system. All the data is crossed with weather reports and processed through predictive models for pruning, pathogens, and irrigation.

The final information is accessible on one’s browser, smartphone, or tablet. With OPI, the firm claims that farmers can save money, time and water, and lower the usage of pesticides for healthier produce.

Paolo says, “OPI works like a translator, that makes farmers understand their cultivation. They can forecast adverse weather conditions and prevent plant diseases.”

People behind the idea

The CEO Davide Parisi has a background in law and business, and has managed other startups in Spain. Antonio Affinito, the CTO, has several years of experience as an engineer in Finmeccanica, industrialising radar systems around the world. Luciano Zarulli, CIO, managed projects for more than a decade in Accenture, working all over Europe, Middle-East, and India.

As CSO, Paolo takes care of the business and marketing side of Evja, and has over 15 years of experience as business development manager and country manager for a few multinational companies of the digital and mobile markets.

Evja has a total of 15 employees including consultants.

The founding team of Evja

Early signs of growth

Evja has also been selected to take part in a few accelerators, including Startupbootcamp Foodtech, RWA’s Agro Innovation Lab, and TIM WCAP.

Paolo says, “Each one of these experiences have pushed us farther towards our goal. We have been invited to present our product at SMAU Berlin 2016, at the World Agritech Summit in San Francisco (as the only non-American company), and most recently at the World Food India in New Delhi.”

Adding he said, “In India, we can also count on the support of the Italian Embassy that fell in love with our project. All of this was fundamental to our growth which hit its apex in December 2017, when German company BayWa and Austrian company RWA liked Evja so much that they purchased shares of it. Now we feel even stronger, backed by two of the largest players of the market.”

For healthier produce

Talking about the objective behind the startup, Paulo says, “We wanted to help advanced, modern farms with high agronomical know-how to further improve their performances, by helping them save time and money and, more importantly, obtain a healthier produce.”

On the other hand, they wanted to support farmers with low agronomical know-how, those who have scarce resources and not so advanced tools. For that, they came up with a software that performs like the most advanced ones in the market, and looks like an iPhone app.

It gives one an insight into what’s going on and what will happen on the fields, without the need of an expert. “You just fix the box on your plantation and turn it on, and then you can access that area through our website. No installation and no setup required,” Paulo added.

Bootstrapped so far, the startup is looking for the first investment round in January 2018.

Advanced information

The sensors collect the most relevant factors, which vary based on the cultivation, but are usually temperature, humidity, leaf wetness and solar radiation. The farmers can see in real time, on their PC or mobile, the data coming from each one of their fields.

So, just with four sensors it can provide advanced information, all readable at a glance. This also means that a single agronomist can manage fields on the other side of the world, and provide remote assistance to the local farmers.

The system uses both a mobile connection and the LoRa network, a new technology that allows to cover a very large area with a single antenna. It even works well for farmers with low agronomical knowledge, working in remote areas.

The OPI Installation system

According to Paolo, “We will have to work really hard to cater to all the demand in the Italian market. At the same time, we are evaluating partnerships in India, Bangladesh, Middle-East, Africa and South America. Together with the first investment round, our hands will be pretty full the next few months. And we couldn’t be any happier.”

The revenue model is based mainly on direct sales and on a double pricing system. The company usually sells OPI as a bundled solution with a one-shot fee, including the hardware and two years of software licence.

It also has a renting model that includes hardware and software with a monthly fee starting from €50 per hectare. After starting its sales in the summer of 2017, Evja now serves over a dozen of major companies.

Although there are companies using different means of monitoring, such as weather stations, drones or satellites, the Evja team considers them as potential partners, because, Paolo says, “We have developed our software platform to be highly modular. It means we can integrate third-party systems in OPI, and have them work seamlessly for the farmers.

Visit: to learn more.

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Nov 2017: The year-long search for India’s Most Innovative Top 50 Emerging Software Product Companies culminated with the announcement of Nasscom Emerge 50 Awards 2017. The ninth edition of the awards was held on the sidelines of Nasscom Product Conclave 2017 that saw over 400 submissions from startups this year which were screened and scrutinised on more than 30 business and technology parameters.

Shortlisted submissions were then evaluated by renowned jury of 70 members that included – Angel Investor Ajay Lavakare; Anil Joshi, Managing Partner, Unicorn India Ventures; Anuja Shukla, Strategic Technology Partner Growth Lead, Google India; Milind Hanchinmani, Director, Asia Pacific & Japan, Developer Relations Division, Software and Services Group, Intel among others.

nasscom-emerge 50-startups

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Over 75% of the shortlisted startups came from the B2B segment with most of them having global market focus. Majority of them belonged to horizontals namely cloud applications/ platforms/infrastructure, enterprise products, Big Data Analytics, enterprise mobility/mobile platforms, followed by Deeptech (AI, ML, NLP, Blockchain), and IoT/Hardware/ wearable tech.

EMERGE 10 or the League of 10 is a part of Nasscom’s EMERGE initiative to recognise information technology products and services organizations that are redefining the technology industry.

Here’s a look at the top startups which made to EMERGE 10:

Meet The League Of 10 From NASSCOM Emerge 50 Startups

nasscom-emerge 50-startupsCyclops Medtech : Founded in 2015 by Niranjan Subbarao, Srinivas Dorasala, and Ravi Nayar, Cyclops MedTech is medtech startup working on vestibular, surgical and eye-tracking solutions for masses. The company was conceived with the idea of developing a vertigo diagnosing device at an affordable cost. Its cutting-edge, complete balance assessment platform Cyclops BalanceEye is an assessment tool that encompasses hardware, software, and Machine Learning module on the Cloud.

nasscom-emerge 50-startupselastic beamFounded in 2015 by Uday Subbarayan and Bernard Hardguindeguy, the security startup leverages its in-depth API intelligence to provide a precise and accurate detection of API misuse, coupling Coupling AI with real-time data. It has already developed the third generation of its product and is available for hybrid clouds, public clouds, or on-premise. The product’s innovation lies in the fact that unlike generic behavioural analytics tools that don’t take into account API-specific usage, it leverages its in-depth API intelligence to provide a precise and accurate detection of API misuse.

eMart Solutionsnasscom-emerge 50-startups: Founded in 2015 by Aditya Bhamidipaty, the startup enables marketers to automate real-time, behavior-based messaging to deliver personalised and unique messages/sms/emails through its product First Hive. The Big data/AI/Adtech/Deeptech startup with its brand First Hive offers personalised communications and help enterprise drive efficiencies in the marketing matrix. It innovated to develop a product that could talk to consumers personally, where instead of broadcasting one message, companies could have a unique conversation with each consumer.

nasscom-emerge 50-startupsHug Innovations: Founded by Raj Shekhar Neravati in 2014, the Deeptech/IoT startup has built a smart watch named Hug Smartwatch that employs gesture control for various activities like playing music and so forth. The smartwatch has an SOS button which could be pressed in danger. This will send an immediate message and help family and friends to live track the location. Interestingly, the watch has customized maps to show the user the nearest hospitals and police stations-basically emergency services they can contact if family and well-wishers are not available.

nasscom- emerge 50- startupsINDIQUSFounded by Sunando Bhattacharya, Shiva Kumar and Swati Samaddar in 2013, IndiQus Technologies has developed apiculus CSP, a cloud business platform that enables enterprises and cloud service providers to run their businesses on the cloud. The Big data and Analytics startup has deep domain knowledge in managed Cloud services and has developed Open and flexible solutions that service providers, enterprises and telcos can adopt to enhance their Return on Investment.


nassscom-emerge 50-startupsIntellicar TelematicsFounded by Karn Makhija and Kaushik Raju in 2015, the startup provides real-time tracking with 80 features to enhance safety and security of fleet. The Big Data and analytics startup is offering customers the experience of using futuristic vehicle telematics solutions. These are making fleet management easier and more convenient.

emerge 50- nasscom-startupsMinjar Cloud SolutionsFounded by Vijay Rayapati, Anand and Aparna Sharma in 2012, Minjar Cloud Solutions with its Botmetric cloud solution helps enterprises take data-driven decisions. The Botmetric cloud management platform covers all the aspects of public cloud management – security, cost and operations. Botmetric uses ML and AI to create smart context-aware Cloud fixes for saving costs, achieving security compliance, and DevOps automation.

nasscom- emerge 50- startupsStellapps: Founded by IIT and IIM alumni Ranjith Mukudan, Ravishankar Shiroor, Praveen Nale, Ramakrishna Adukuri, and Venkatesh Seshasayee in 2011, Stellapps leverages IoT, Big Data, Cloud, Mobility, and Data Analytics to improve Agri- supply chain parameters, including milk production, milk procurement, cold chain, animal insurance and farmer payments. Stellapps’ launched its SmartMoo platform, which is capable of supporting data arising out of tens of millions of liters of milk through milk production, procurement and cold chain flow across millions of farmers.

nasscom-emerge 50- startupsUber Diagnostics: Founded by Ashim Roy and Avin Agarwal in 2013, Uber diagnostics has come up with an automated healthcare diagnostics solution, Cardiotrack. The device employs ML, IoT Big data and AI to analyse the scans of ECGs and provide accurate predictive diagnosis and interpretation for faster diagnosis.

emerge 50-nasscom-startupsUniphore Software Systems: Founded in 2008 by Umesh Sachdev and Ravi Saraogi, the big Data/ Cloud startup provides speech analytics, virtual assistant and voice biometrics. While the speech analytics product auMina mines conversations, listens to words and uses them to improve service delivery and increase revenue with actionable insights, virtual assistant akeira is a smart and intuitive virtual assistant solution that makes premium service delivery seem effortless through a human-like machine interface.

Rest 40 Of The NASSCOM Emerge 50 Startups

Aahaa Store pvt Ltd: Aahaa Store is a private eMarketplace for corporate India to fulfill their indirect purchase needs.

Agatsa Software: Agatsa Software provides cognitive cardiac care with a credit card size 12 lead ECG and stress monitor mobile app for instant ECG analysis called SanketLife.

Appnomic Systems: Appnomic is an IT operations Analytics startup which employs big data and analytics to help DevOps team improve slowness and downtime.

Ayasta technologies : The IoT/Deeptech startup helps customers understand electrical system failures and give actionable insights to prevent them.

Billion Lives Business Initiatives: The eGovernance startup helps bring transparency in fund management and speed up projects through its product FundRight.

CaRPM: The IoT startup provides car diagnostics and repair solutions and helps mechanics understand problems through its product GaragePro.

Datoin: The Deeptech startup helps enterprises to automate their business processes using Machine Learning.

Definitics : It helps minimise road-survey costs and accelerates road repair mechanism through its product RoadBounce.

Delvit Solutions: The Fintech/ cloud startup enables self-checkouts for retail stores to improve the shopping experience of customers.

DJUBO: The cloud startup helps hotels manage entire guest lifecycle from discovery to stay to reengagement onto a single platform with its DJUBO 360 Hotel Tech Suite.

nasscom- emerge 50- startups

EasyGov: The egovernance startup has a product called Aadhaar Stack based entitlement engine which helps citizens avail government services.

Element42 Management Solution: The egovernance/security startup offers a hardware token enabled document and comes along with complete application to control its issuance, protection, and authentication.

eXabit Sytems: The agritech/enterprise mobility startup offers a product RobotiX for precision agriculture.

FireCompass: The deeptech/security startup is an AI advisor for cyber security strategy and buying with the vision to disrupt traditional analyst and consulting industry.

FlyBird Farm Innovations: The agritech startup offers low cost and innovative precise irrigation controller for poor farmers.

Gayam Motor Works: The IoT startup offers LIMITLESS e-bikes which offer convenience as motor bikes while providing sustainable mobility.

Germin8: The big data/ social startup offers Trooya, a social media contact center that helps companies connect with customers about their queries or grievances.

Greedy Game: An in-game adtech platform which solves the problem of irritating pop-up ads.

HackerEarth Technologies: The enterprise product startup offers an innovation management software to drive innovation by crowdsourcing ideas and solutions.

Happy Reliable Surgeries: The healthtech startup offers a surgical navigation system for Neuro and ENT surgeries.

Infisecure: The big data/ security startup offers a bot protection and click fraud protection technology.

Infruid Software: The big data startup offers an extremely easy to use business insights tool Vizard which lets business users ask any questions about their data.

nasscom-emerge 50-startups

Intello Labs: The agritech startup offers a product DIGITAL AGRI which uses computer vision algorithms to see minutest detail on every plant and harness human intelligence to grade agricultural commodities.

Invento MakerspacesThe robotics startup aims to bring robotics revolution for office automation, for roles such as receptionist and security patrolling.

LocoBuzz: The big data/analytics startup enables smart customer engagement and delightful experience through AI, analytics and automation.

MintM: The deeptech startup offers a display bot platform which converts any digital display into intelligent bot enabling businesses.

MiQASA Home Automation: The IoT startup offers wireless, affordable smart home solutions called QASA smart switch boards.

MPM Infosoft: The cloud startup offers a product Sandman which is a cloud based data analytics driven decision support for optimisation of a foundry’s green sand system and reduces casting defects.

NFX Digital: The adtech startup provides real time consumer insights using AI through its product Adytude.

Racetrack: The deeptech startup’s product Marvin provides customised and personalised communication during live interaction based on customer profiling at real time.

Pikkol: The logistics startup is a tech first relocation service provider for household, offices, and commercial establishments.

Sigmoid: The big data startup provides real time interactive solution for big data scale.

Signzy: The fintech startup makes financial institutions’ regulatory processes simple and secure by human like fraud detection using AI and cryptography.

Paymatrix: The fintech startup has an analytics driven property rental management platform that streamlines your collections from multiple properties.

nasscom-emerge 50-startups

StampIT Business Solution: The agritech platform offers Crop Terrain, a mobile based farm management solution that offers a 360 degree view on field level activities.

Torus Innovations: The cloud startup enables accelerated application development through using visual modelling wiring approach.

Yottasys Consulting: The big data startup offers Decision Science Factor which helps users of all experience levels to solve business problems statistically.

Zeta: The fintech startup offers digitised enterprise solutions for employee tax benefits, automated cafeterias, and digital payments.

Uncanny Vision: The AI based Uncanny Surveillance enables real time actionable surveillance and analytics for high value customers in retail and banking.

IoT Sense: IoT Sense offers smart, scalable and secure IoT software solution built on an open API architecture.

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The Nasscom Product Conclave 2016 saw the announcement of the list of startups that made it to the Emerge 50. Started in 2009, the NASSCOM EMERGE 50 Awards is a marathon search for India’s high potential top 50 emerging innovative software product-centric companies in different domains, run by NASSCOM, India's leading trade association of the Information Technology (IT) and Business Process Outsourcing (BPO) industry. 

Established in 1988, NASSCOM is a non-profit organisation, and a global trade body with over 2000 members, of which over 250 are companies from the China, EU, Japan, US and UK. NASSCOM's member companies are in the business of software development, software services, software products, IT-enabled/BPO services and e-commerce.

The assessments for the EMERGE 50 Awards were based on parameters such as financials, growth, customers, market, visibility, scalability and, most importantly, innovation impact. The categories span areas such as healthtech, fintech, IoT, cloud, enterprise, adtech, etc. Interestingly, 75% of the selected top 50 are in the B2B segment and 80% are found to have a global focus.


Edge Networks leverages data science and artificial intelligence (AI) to match people with jobs. The solutions facilitate talent acquisition, internal workforce optimisation, and talent analytics. Its vision is to be the best search and match company in the world.

Cardiac Design Labs: advanced, cost-effective, and remote cardiac care to hospitals. Its product MIRCam uniquely provides large, small and medium hospitals remote cardiac diagnostics. The team further plans to cross international borders and deploy the solution in Singapore and Australia.

Lechal is a smart footwear brand. Users can set the destination in their apps and let Lechal’s haptic or vibratory feedback show them the way. The aim is to focus on R&D in wearables, reach a sizable user base and launch at least one more product over the next two years. instantly deploys hot-fixes in product apps with no updates required. It is further looking to support augmented reality and go for a cross-platform set-up.

iFuture Systems: Its product ArcRobot has been designed to reduce labour-intensive manpower, improve accuracy and enable faster pick rates. It is mostly suitable in segments such as  automotive, ecommerce, and logistics. iFuture’s goal is to be one of the leading innovators in robotics, a field still new to India.

Indix makes available dynamic product data and normalised catalogue data-like product identifiers and attributes. Its mission is to ensure that every piece of software in the world uses its DaaS solutions.

Indus OS is using the smartphone as the medium to connect the digital world with the massesaddressing the challenges of socio, economic and regional diversity

LogicLadder: Its EnergyLogicIQ is a next-gen energy intelligence platform and EnvirologicIQ, a revolutionary environment platform for IoT and Big Data. The company’s software and hardware solutions enable customers to save energy and meet environmental compliances. 

RazorPay: a payment platform for companies who want to run their business online. The company will further focus on UPI (Unified Payments Interface), a government initiative for payments.

SirionLabs: SirionLabs’ SaaS products manage strategic procurement engagements, transforming the way buyers and suppliers of complex services like ITO and BPO engage with each other. The company is running for the apex category of vendors. Its aim is to cross $100 Mn as it accelerates momentum.






The Other 40 Contenders

RecipeBook: A cooking app which helps discover recipes using AI and deep machine learning.

ShopR360: A video analytics solution providing insights around store patterns, helping brick and mortar stores achieve efficiency.

Appnomic: A patented analytics software for IT application operations that enables enterprise IT operations and online companies to prevent application performance issues.

ArthaYantra: A fintech product that uses AI and machine learning to propose customised solutions.

Attune integrates centres spread across various locations on a stable and secure platform, giving decision-makers a unified picture of their businesses.

Avishkaar Box: Creates digital learning products for parents and children (5 to 15 years old) that are meaningful and joyful.

Campus Wallet: A cashless electronic payment system in which students can make payments on campus using their school id.

Crowdfire: An AI-based product that addresses marketing needs and helps reach out to the target audience with a great deal of accuracy.

Fluid AI: Leveraging AI and AR to create an in-store experience where the customer interaction mimics real-time conversation, in a novel digital environment.

Gramener: Their product, Auto lysis, is a suite of tools for automating analysis and revealing hidden insights through visual representation, without any programming or analysis knowledge.

ActOnCloud: A cloud governance, intelligence, management and brokering platform for cloud solution providers and SMBs.

Adpushup: Uses automated tools to help publishers fight the twin problem of banner blindness and ad-blocking to increase monetisation.

Faircent: A fintech startup which aggregates unaddressed demand and under-utilised supply to provide easy and efficient loan disbursements, including 24×7 customer service.

#fame: A live video social platform that empowers millennials to connect, interact and showcase their talent.

Ideapoke: A proprietary discovery engine which collects unstructured tech data from numerous sources, detects patterns and converts them to structured data to match requirements for a specific problem statement.

Image Provision Technology Pvt. Ltd: Microscopic particle classification system that separates agglomerations and isolated particles and gives morphology of every particle including valuable statistics.

Dataweave: A product for retailers to understand price competitiveness, identify gaps in assortment and competitors' promotion strategy.

Infoworks: Enables enterprises to prepare and organise all data for high-performance analytics through end-to-end functionalities.

Fashalot: Adds a digital user interface that sits atop the physical shopping world and helps both retailers and customers to connect seamlessly over mobile.

Intelligence Node: Its product Incompetitor helps brands and retailers in spotting opportunities and market trends to stay on top, and delivers quick and timely competitor insights.

Knowledge Lens: Its product Green Lens (GLens) is the country’s most-advanced,  state-of-the-art, real-time pollution monitoring system.

Ftcash: Helps SMEs, remote businesses etc, receive online payments securely using a smartphone or a feature phone.

Perpetuaati: An intelligent data assistant that uses Cognitive RPA, AI and machine learning algorithms to sense, predict, analyse, and solve customer issues with a human-like response.

Preksh: A product based on AR technology to enable users to virtually walk-through offline stores on the web, pick products, and shop.

UpshotHelps app publishers deliver better user experience across mobile and web and manage analytics, personalisation in an integrated fashion.

Whatfix: An enterprise SaaS application that helps businesses to ease on-boarding, improve support and reduce training effort for its customers.

BetaOut: BetaOut allows ecommerce companies to build user intelligence databases and provide tools to engage with users.

ShieldSquare: Helps online businesses differentiate between human and non-human traffic (bots) on websites and mobile applications.

Jugnoo: An auto-rickshaw hailing app that makes affordable rides available to the customers.

SquadRun: A distributed mobile workforce platform which enables large businesses to outsource their back office work such as data and calling operations. An AI-powered personal assistant that simplifies the online purchasing experience by facilitating recommendation, ordering and payment for multiple services on a single platform.

The Hi-Tech Robotics Systemz Ltd: A tightly coupled software and hardware toolkit which powers India’s first driverless shuttle  and defence robots.

IntelloCut: Works for apparel production facilities to ensure that it utilizes maximum fabric.

Lendbox: A tech-driven P2P platform where borrowers can avail loans from individual investors through an open marketplace bidding model.

Unbxd: Leverages advanced information retrieval technology, machine learning, data science and a big data stack to help shoppers have a hyper-relevant and personalised shopping experience.

Vedantu: Live online tutoring in India to introduce a marketplace model for teachers

vPhrase: An AI platform that analyses data, derives insights and communicates in multiple languages.

VuNet: The next generation IT infrastructure management product, based on advanced big data analytics and powerful visualisation techniques.

Zenatix: Its product Wattman ensures that challenges faced by retailers/banks in driving governance are driven automatically with all accessibility/configurability over the internet.

ZopHop: A three-way solution for bus and train commuters, allowing them to choose best route options and waiting time.

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Scope of report on Solar energy 2016

This report covers companies that manufactures or supplies products across the entire Solar Industry value chain and offers services related to the generation of solar power. It excludes solar consultancy companies and companies which offer solar services like site survey, energy audit etc. and also excludes organization and labs which are purely research oriented.

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Scope of the report for wind energy startups 2016

The report covers the companies working in the domain of Wind Energy both directly through manufacturing turbines, wind pipes, rotors, generators and other components as well as those companies which provide EPC support and Operation and Maintenance support to wind farms. We have also covered the major chunk of companies who develop wind farms for supplying power either to a
Utility or to an end user through bilateral contracts in terms of Independent Power Producers. Other verticals covered in this report includes the ancilliary industry which provides data based support to the larger wind installations as well as Energy Management solutions which monitor and provide preventive as well as corrective maintenance.

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Scope of Report in the attachment covers companies that offer:

• Services that help in connecting food providers with consumers.
• Services in connecting grocery retailers and producers with consumers (both B2B and B2C).
• Technology solutions for better management of food and beverage establishments.
• Innovations in alternative foods, beverages and food substitutes.
• Innovative solutions for food preparation and food waste management.
• Food based content, recipe aggregation and pet food sectors.

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Bangalore, India

Protecting lakes from land grabbers

The capital of Karnataka State is the third most populous city in India and home to nearly 10 million people. In 2010, the city’s 450 lakes were under threat of privatisation, leading to concerns that the water would not be used sustainably.

Water from the lakes percolates down into underground aquifers, which supply neighbourhood wells across the region. If lake levels drop, the aquifers may not refill effectively and people’s wells would begin to dry up.

Workshops mobilised by the Environment Support Group (ESG) were held to build awareness about the importance of protecting the lakes for present and future generations. Local people quickly decided that privatisation was a bad idea and began to organise against it.

The ESG took the matter to Karnataka’s high court and filed a public interest writ which resulted in the prohibition of the ongoing privatisation of lakes. A committee of government agencies was also set up to protect and conserve Bangalore’s lakes for posterity.

When the 450 remaining lakes are rehabilitated, it is expected that underground aquifers will be recharged. For urban communities, this will have significant benefits: greater quantities of quality water means that surrounding communities – mostly subsistence farmers – will have better crop growth and yields. As such, the initiative won an UN award in 2012 for best water management practices.


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This startup report suggests that India is the fastest growing and 3rd largest startup ecosystem globally. The growth of the software product industry in recent years has signaled a transformation – in India and across the globe. With increasing numbers of online active users becoming consumers of e-commerce solutions and the related marketplaces.Indian startups today are building global digital solutions to capitalize on this rapid growth.

Hyper-growth, capital availability and acquisitions are the leading drivers of the growing startup ecosystem in India. Indian start-ups today are well positioned to address the entire Asian market opportunity and also expand beyond the US and European region.

Also the report starts with an introduction on how the VC funding and their overall system works and their perspectives. The other chapters brief about the scenario of indian investments at various stages of investment and even before Mergers and acquistions. Then an idea about few unicorns in India and other better performing startups in India and the location of prominent Indian business incubators and accelerators across PAN India. And the list of Vneture capitalists in India who had prominent investments in India.

To learn more about this subject, please consult the attached document

(RK) 9-Nov-2015
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The report briefly provides contact of all the important venture capilatists who have funded the indian startups and few operating in offshores. Also the report presents few graphs of the deals of the overall Vcs in different stages of investment and their sectors of investment .Also the report hints factors influenzing their decisions depending upon which stage they invested.

To learn more about this subject, please consult the attached document

(RK) 9-Nov-2015
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