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Khosla Labs Ties Up With Unitus to Incubate & Fund Aadhaar-based Startups

Khosla Labs Ties Up With Unitus to Incubate & Fund Aadhaar-based Startups

Silicon Valley billionaire Vinod Khosla’s startup incubation venture, Khosla Labs has partnered with Unitus Seed Fund to incubate and fund Aadhaar-based startups. Earlier in January last year,  and last month Khosla had invested in Unitus Seed Fund.

Srikanth Nadhamuni, CEO, Khosla Labs said, “we are also organizing an Aadhaar Hackathon next month, wherein the incubator will conduct tutorials on building Aadhaar verification apps for Android and provide developers with requisite biometric devices & SDKs to build apps for the Aadhaar platform.”

Aadhaar hackathon is scheduled for 10th-11th January at the Khosla Labs office in Bangalore and is aimed at creating awareness amongst developers about digital identity and how to build solutions on top of Aadhaar. The winners of the Hacakthon will get a chance to connect with Khosla Labs, Aadhaar experts and a free subscription for the Aadhaar connect.

For this, Khosla Labs partnered with Unitus Seed Fund to provide a platform for guiding and supporting startups interested in building these apps.

Initially Khosla Labs will be incubating 4-6 startups through this initiative.

Khosla Labs had incubated Novopay Solutions earlier this year which offers Android-based mobile payment solutions to Kirana stores, the startup uses Aadhaar-based biometric scanners to allow consumers conduct banking transactions and money transfer among others.

Author

Gopi Arora

Inc42 Staff

News Editor @Inc42. Prior to this, worked at Bhaskar News, SME News, Dainik Jagran & Euromoney Institutional Investor Magazine.

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