Bangalore Based GSF Startup, Whatfix Won USD 300k From Hanwha Group of Korea

Bangalore based startup Whatfix recently won USD 300k in funding at the inaugural DreamPlus Alliance Day in Seoul and was declared the best startup in Asia.

DreamPlus Alliance is an initiative of Hanwha Group, the Korean conglomerate which has brought in over 11 leading accelerators from 10 different Asian markets, including India’s GSF Accelerator, to join hands to form this Alliance. The DreamPlus Alliance aims to help these Accelerators exchange ideas and learn from each other. Most importantly, this alliance will also help startups in Asia expand in the region through a collaborative network of alliance partners.

Rajesh Sawhney, Founder of GSF Accelerator said, “GSF has a comprehensive Global strategy to help its startups go global fast. Our pioneering GSFGlobal program takes GSF startups across the leading global tech hubs: SF, NY, Boston, Toronto, Singapore in addition to Bangalore, Mumbai and Delhi NCR. With DreamPlus Alliance, we unfold our “look-east” strategy, idea is to provide a platform to GSF startups to access different Asian markets with the help of our alliance partners in these markets.”

DreamPlus Alliance members include:

• GSF: India
• DreamPlus: Korea
• Chinaccelerator: Shanghai, China
• Innospace: China
• Ideaspace: Indonesia
• Open Network Lab: Japan
• Mad Incubator: Malaysia
• Indeaspace: Philippines
• Fatfist Internet Group: Singapore
• Pinehurst: Taiwan
• M8VC: Thailand
• Egg Accelerator: Vietnam

During the DreamPlus day held in Seoul, Korea, 11 startups, one from each accelerator participated. Whatfix, won the competition as the leading startup in Asia and received the prize money from Hanwha Group.

Whatfix, which was part of GSF Accelerator’s batch announced earlier this year, is a cloud platform for creating interactive support FAQs, training material and tutorials which can be integrated with ease across all touch-points – be it inside applications, blogs, knowledge base etc. Interactive guides using Whatfix can be created with just a few clicks and it auto publishes them in various formats like slide-shows, videos, articles and different forms of widgets, tremendously boosting documentation efficiency.

Whatfix has several customers across Europe & Amercia. “Now having support from Hanwha group will help us to get into Korea and other south Asian markets. We also look forward to rapidly scale our team and focus on aggressive growth,” said Khadim Batti, co-founder of Whatfix.