Established by GenNext Ventures in partnership with Microsoft Ventures, GenNext Innovation Hub, has announced 11 startups from various sectors graduating from its first batch this week.
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).
Rajinish Menon, director of Microsoft Ventures, said, “Paying customers are the best validation for a startup. These startups started closing business deals within weeks into the GenNext Accelerator Programme, which shows that corporates around the world appreciate the companies and products accelerated by Microsoft Ventures. We will continue to work with these startups as they evolve into billion dollar companies.”
Here are the 11 startups from various verticals viz education, healthcare, transportation, retail and human resources that have undergone four-month-long accelerator programme training:
CarIQ: It is an connected car platform.
LogiNext: It is an organised logistic platform with real time tracking, analytics and optimisation engine for logistics companies.
Playport: It is a mobile device based entertainment service for travellers with its solutions deployed at airports and bus depots.
Coitor: It is an augmented reality based virtual trial rooms for apparel retailers.
Piron: It has developed personalised learning platform providing curated content using predictive analytics.
Axlerate: It is passenger security and engagement platform for public transport operators.
Health Vectors: It is a health risk predictive and prescriptive platform.
Interview Mocha: It is a pre-employment testing solution for skills in business, finance, marketing, sales, language, ERP, design, development, IT, etc.
Mocioun: It is a mobile app to organise and engage in group activities.
Oztern: It is an interactive educational platform for K-12 and test preparation.
Light: It is an alternative to search engines which provides relevant answers instead of web links.
The above mentioned startups were selected from over 267 applicants.Recently, Microsoft Ventures has also launched its two new accelerator programs during its unveiling of 11 startups that were a part of its Summer 2015 batch.