GenNext Innovation Hub, a startup hub in RIL in association with Microsoft Ventures that enables entrepreneurs to grow their companies through an immersive, four-month-long program has announced the list of 10 startups that will be incubated for its “Fall 2015” batch.
The startups will explore development of new digital technology in areas such as instant financial transactions, advertising and audio video calls.
Welcoming the new batch, Rajinish Menon, Director, Microsoft Ventures, said “The very fact that we have startups from Israel which is the startup nation shows the importance and the growing maturity of India and brings out the thought leadership work done by Microsoft Ventures here in India and globally. Our endeavour is to encourage such cross pollination of startups amongst continents and spruce up universally the Innovation culture.”
The Fall 2015 batch of GenNext Innovation Hub has 10 startups, of which 2 are from Israel.
Meet the 10 startups that are part of the batch:
AlgoEngines: It is an operational intelligence and analytics company for IoT applications
Binge: The startup provides F&B payments solution that brings the user’s offline bill online
CreditSeva: It provides credit profiling of non-mainstream banking customers
Curefy: It provides audio-video call based consultation with doctors
eLoan: It is an peer-to-peer lending platform
Fieldomobify: It offers cloud based mobile field force management solution
In*Q*Sec: Israel-based, In*Q*Sec is a secured communications platform that provides peer-to-peer connectivity amongst Networks, Systems and Devices to enable Continuity of Operations (COOP)
Instakash: An online lending marketplace for SME loans
Pickcel: It is an ad aggregation platform to create campaigns on the public screens
VDeliver: It offers fast & efficient on-demand delivery service enabling local business
Reliance Industries-backed GenNext Innovation Hub provides guidance and competitive platform from leaders across industries and functionalities to support startup entrepreneurs grow from idea to early business success (revenues/funding).
GenNext’s first batch graduated in March this year which had 11 startups in a batch.
GenNext Innovation Hub is also pursuing a new global partnership programme with organizations in the US, Europe and Asia in order to engage with their respective startup ecosystems.