Exclusive: Applyifi Announces First Batch Of Startups To Be Showcased To Investors

Exclusive: Applyifi Announces First Batch Of Startups To Be Showcased To Investors

Applyifi, a private platform for startups and early-stage companies to raise funds, has curated 18 startups this month to showcase to investors.

Applyifi plans to curate high-potential startups every month, which will then be invited to pitch to investors on the Applyifi platform. It intends to expand the pool of angel investors in the country by enabling senior professionals and experienced entrepreneurs to participate as co-investors in startups.

Prajakt Raut, co-founder of Applyifi says that they want to enable more and more more HNIs – senior professionals, experienced entrepreneurs – to co-invest in startups. “We want to significantly expand the pool of angel investors. And therefore, in addition to showcasing profiles of curated startups, we provide a detailed assessment report and a 36-point scorecard on key parameters that experienced investors consider, when making an investment decision.”

Criteria & Selection Process

Applyifi does an assessment of the investment-worthiness of the startups on key parameters that investors use to evaluate startups. It presents this assessment report in the form of a 36-point scorecard and qualitative comments, which helps startups understand their strengths and weaknesses, and provides investors a perspective on the startup.

All relevant aspects like scale, potential, concept relevance, business model, business case, go-to-market plans, competitive environment, valuations, exit potential, and most importantly, quality & completeness of the team are factors that are considered in making these assessments.

These startups will be showcased to over 100 investors that are registered with Applyifi, as well as reach out to new investors who are currently not on the Applyifi platform.

“As a platform, we curate high-potential startups and provide investors our perspective on their investment-worthiness. Of the many that we curate, we will probably showcase 2-3 startups to angel investors, every month. We also want to enable a lot more potential first-time investors to consider co-investing, along with experienced angel investors. We believe our assessment report and scorecard on the startups investment-worthiness will help first-time investors make a better-informed decision,” Prajakt said.

Let’s have a look at the 18 shortlisted startups:

cloudboostCloudboost

Founded In: 2014

Based Out Of: Hyderabad

Founder(s): Nawaz Dhandala

A hybrid database-as-a-service that makes it easy for developers to leverage multiple types of databases with a simple interface. Competing with the likes of Parse and Firebase.

GetLeagalGet Legal

Founded In: 2014

Based Out Of: Gujarat

Founder(s): Akshat Singhal

Online legal facilitation.

PaintcollarPaintcollar

Founded In: 2014

Based Out Of: Maharashtra

Founder(s): Amogh Vaishampayan

A marketplace for designer merchandise created by artists. Artists upload their artwork and Paintcollar handles manufacturing, delivery and everything else.

mficientEmficient

Founded In: 2013

Based Out Of: New Delhi

Founder(s): Santanu Biswas

Cloud-based platform that makes it easier, faster & affordable for companies to build, deploy & manage secure B2E apps.

Parallel DotsParalleldots

Founded In: 2014

Based Out Of: Noida

Founder(s): Angam Parashar, Ankit Narayan Singh and Muktabh Mayank

Artificial Intelligence at your fingertips. Deep neural network based technology for textual content.

ExtratravelmoneyExtravelmoney

Founded In: 2012

Based Out Of: Cochin

Founder(s): AjIn Baby

An online marketplace for currency exchange and outward remittance services in India.

CustomerLabsCustomerLabs

Founded In: 2013

Based Out Of: Tamil Nadu

Founder(s): Vishnu Vankayala and Magesh S

Plug and play customer analytics platform.

RentsherRentSher

Founded In: 2014

Based Out Of: Bangalore

Founder(s): Abhijit Shaha, Ketaki Shah and Anubha Verma

Online peer-to-peer rental platform for anything and everything! RentSher provides online booking of products, payments, home delivery and pick up.

AdnabuAdnabu

Founded In: 2014

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Based Out Of: Bangalore

Founder(s): Salil Panikkaveettil and Suvodhoy Sinha

Automates strategy in Google Adwords to make advertising simpler and profitable for SMBs with the use of simple DIY tools.

ShareboardShareboard

Founded In: 2014

Based Out Of: Bangalore

Founder(s): Ranjeet Kumar, Divyanshu Singh, Gagan Chaudhary, Arpita Singh and Pawan Kumar

Shareboard allows you to browse, preview and download files and folders from friend’s devices.

AppngageAppngage

Founded In: 2013

Based Out Of: Karnataka

Founder(s): Chinmaya Shankar, Shreesha Raj and Sunil Kumar

A unique kind of platform to engage, growth hack, monetize your mobile apps using a single SDK.

MobiTexterMobiTexter

Founded In: 2014

Based Out Of: Bangalore

Founder(s): Devashish Mamgain and Adarsh Kumar

“Plug & Play Messaging Toolkit” which adds messaging feature into the mobile and web apps without the need to develop or maintain any infrastructure.

ZeneZene

Founded In: 2014

Based Out Of: Gurgaon

Founder(s): Dheeraj Batra, Sanjeev Kumar and Vikas Dabas

ZENE is a Connected Cars solution that makes your not-so-smart car a Smart Car! Your car connects with you intelligently and effortlessly.

GamesfumeGamesFame

Founded In: 2014

Based Out Of: Bangalore

Founder(s): Vishnu Radhakrishnan, Ajay Joseph and Anand Dhananjayan

An online platform for sports enthusiasts across the world to have a personal stake in the games that they follow.

FunstaryFunstay

Founded In: 2014

Based Out Of: Gurgaon

Founder(s): Nitin Agarwal and Anurag

An online platform for booking vacations in the homes of local hosts.

YummadeYummade

Founded In: 2015

Based Out Of: Mumbai

Founder(s): Gaurav Tandon, Mansharan Seth and Rohini Pangrikar

A cloud-based packaged food company.

cogxioCogxio

Founded In: 2014

Based Out Of: Bangalore

Founder(s): Layak Singh, Kinshuk Bairagi and  Sumit Jaiswal

Cogxio brings people together more often in real time to enable real life interaction based on data driven decisions.

DesignsenseDesign Sense

Founded In: 2014

Based Out Of: Bangalore

Founder(s): Arumuganainar Ramaswamy, Rakesh Rao and Varakumar Siddavatam

A cloud based Collaboration and Project Management tool that brings disparate technologies like CAD, Mobile technology and Web services together.

Author

Vishal Singh

Inc42 Staff
For Vishal Singh, football is oxygen, traveling is living, night is day, online gaming is serious sport and superheroes are real. Yes, real. And like the call sign of any superhero, one can always find him enrapt to his laptop screen. His passion lies in writing pieces that would get the brain engines of readers churning and aspires to one day be known by his opus.
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