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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:
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.
Founded In: 2014
Based Out Of: Gujarat
Founder(s): Akshat Singhal
Online legal facilitation.
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.
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.
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.
Founded In: 2012
Based Out Of: Cochin
Founder(s): AjIn Baby
An online marketplace for currency exchange and outward remittance services in India.
Founded In: 2013
Based Out Of: Tamil Nadu
Founder(s): Vishnu Vankayala and Magesh S
Plug and play customer analytics platform.
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.
Founded In: 2014
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.
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.
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.
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.
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.
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.
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.
Founded In: 2015
Based Out Of: Mumbai
Founder(s): Gaurav Tandon, Mansharan Seth and Rohini Pangrikar
A cloud-based packaged food company.
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.
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.
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