SUMMARY
Eight out of the 10 startups are from India
One startup each has been shortlisted from Nigeria and Canada
Startups working in media, sports tech, logistics, and cloud computing are selected in this cohort
US-based accelerator platform Techstars, on Sunday (January 26), announced that it has shortlisted 10 startups for the second batch of the Techstars Bangalore Accelerator, which includes eight startups from India.
Besides the Indian startups, one startup each has been shortlisted from Nigeria and Canada. The shortlisted startups operate in cloud computing, media, sports tech, and logistics and other sectors.
Notably, some of the founders of these startups have the experience of running successful businesses in the past.
“We have founders in this class who have previously amassed audiences reaching millions of consumers, founders who have successfully exited companies, and founders who’ve already bootstrapped their way to businesses that generate close to $1 million in recurring revenue,” said Ray Newal, managing director of the Techstars Bangalore Accelerator.
Founded in 2006 by David Brown, David Cohen, Brad Feld and Jared Polis, Techstars is one of the largest accelerators in the world. In 2019, Techstars had concluded the first cohort of the Bengaluru accelerator programme.
Here are the 10 shortlisted startups
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Broadsheet
Founders: Lakshmi Chaudhry and Shuba Visweswaran
Headquarters: Bengaluru
Founded Year: 2018
Category: Media and Entertainment
Broadsheet curates content from over 200 global news sources and sends them in a newsletter to subscribers. The newsletter features stories on culture and lifestyle, advice on critical debates among other issues.
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ChintaMoney
Founders: Uday Wagh and Narahari Rao
Headquarters: Bengaluru
Founded Year: 2017
Category: Fintech
ChintaMoney is a personal budget management tool with integrated payments and investment options as well. The startup offers UPI-based payments options and has tied-up with an Indian private bank.
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Fliqpay
Founders: Oluwasegun Adeleye and Ayowole Ayodele
Headquarters: Laos
Founded Year: 2019
Category: Fintech
Fliqpay is an online payments gateway platform for cryptocurrency in Africa. It helps businesses in Africa receive payments from all over the world through cryptocurrencies.
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Game Theory
Founders: Gaurav Chhabra and Sudeep Kulkarni
Headquarters: Bengaluru
Founded Year: 2018
Category: Sports Tech
Game Theory is a sports tech startup which brings video game-like experience to live sports. Additionally, Game Theory also runs and manages sports facilities and coaching programs.
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GSTInput
Founders: Rohit Anand
Headquarters: Mumbai
Founded Year: 2017
Category: Tech Enterprise
GSTInput helps corporate clients to claim the right amount of goods and service tax (GST) credit for their airline or hotel travel expenses. Brands such as Coca Cola, IKEA, United Colors of Benetton, Godrej, and WHO are some of the notable clients of GSTInput.
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Lightwing
Founders: Ravitej Yadalam and Navaneeth KN
Headquarters: Bengaluru
Founded Year: 2019
Category: Tech Enterprise
Lightwing helps clients to optimise their monthly expenditure on cloud hosting on Amazon Web Services (AWS) and DigitalOcean.
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Odwen
Founders: Vijay Anand Bhagavatula
Headquarters: Noida
Founded Year: 2018
Category: Logistics
Odwen is an on-demand and pay-per-use booking platform for warehouse spaces. The startup eliminates factors such as middlemen and security deposits to help users get easy access to warehouses.
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Picxy
Founders: Jitendra Emmani, Vamsi Krishna and Satish Madala
Headquarters: Hyderabad
Founded Year: 2018
Category: Consumer Services
Picxy is an online platform where it provides stock images related to India. The platform offers stock photos at a starting price of INR 75 per image.
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Q Blocks
Founders: Gaurav Vij and Saurabh Vij
Headquarters: Ontario, Canada
Founded Year: 2019
Category: Tech Enterpise
Q Blocks is building a distributed supercomputer for companies to get access to affordable high-performance computing. The company is planning to achieve so by connecting all the idle computing sources around the world to build powerful supercomputers which can be accessed from anywhere.
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Rose Bazaar
Founders: Yeshoda Karuturi
Headquarters: Bengaluru
Founded Year: 2019
Category: Ecommerce
Rose Bazaar is an online platform which sells flowers, especially for prayer purposes. The startup also offers monthly-subscription for its services.
