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With plans to invest in 500 startups in five years, Bangalore-based Kyron Global Accelerator has announced its third batch of startups. The startups in this list are selected with prime focus on enterprise, travel and digital media products.
Kyron already has seen 10 startups go through 2 batches of this program. Scandid and Teritree, a part of the earlier batch raised funds this year, while another Bookpad was acquired by Yahoo.
Here’s the startups that made it to Kyron’s third batch of Kyron Accelerator:
Adwyze: Winner of the 1st prize at MIT Global Startup Labs, having access to FB Ads API after winning a hackathon in APAC, Marketing optimization platform Adwyze allows marketers to improve the performance of their marketing budgets. Currently working with India’s top 3 e-tailers in private beta, Adwyze has already raised the seed round and has also been selected for Google Launch pad.
Cashkumar: Providing the best rates for foreign currency exchange in Bangalore, Mumbai and Pune, online platform Cashkumar enables travelers to easily buy or sell their foreign currency and also provides travel insurance at the best possible rates.
Cubito: Winner of (Berlin’s) the startup boot camp (held in India) and also finalist of the Indian Sustainability national award, Cubito, is a Transportation logistics Automation startup integrating intelligence into business processes involving transportation and aims to provide softwares that allow users to group, route and allocate drivers.
Eywa Media Innovations: Working with leading broadcasters in India, June 2013 founded Eywa Media is a product that would make TV watching interactive and fun. They are.
Viamagus: A SaaS product startup, Viamagus helps businesses and individuals simplify the way they build & maintain their online presence and do business online. Viamagus’ cloud based tools help build websites & portfolios, blogs, Email/SMS Campaigns, landing pages and many more very quickly and in a code-free and fully hosted manner. With more than 100 + Customers, the startup is looking to grow exponentially in the next few months.
Xpense Manager: Targeted at simplifying the process of expense claims & reimbursements inside companies, Xpense Manager is a cloudapps SaaS company addressing traditional problems in areas of business productivity & finance domain by devising applications which are more user focused than process driven.
Kyron’s model selects entrepreneurs into their 16 week program and mentors them to successful business enterprises besides providing the startups with $10,000 in cash, $20,000 in business services such as HR, finance, legal, marketing and IT, in return for a 5-10% equity stake.
Founded in 2012 by Lalit Ahuja, Kyron focuses on early and growth stage tech startups in industries such as retail, travel, education, financial services and media. Kyron’s investor network includes prominent angel funds in India as well as a very active network of angels out of Europe.
Kyron has partnered with ANSR Consulting, the world’s foremost GIC Consulting and Services Company and this corporate-engagement framework allows startups work directly with global Fourtune 100 companies.
