Meet The 16 Indian Startups That Caught Our Eye At BITS Pilani’s ‘Conquest’ Accelerator

‘Conquest’, an eight-week-long accelerator programme run by the students of BITS Pilani, hosted the Demo Day where 16 shortlisted startups showcased their pitches in front of industry experts.

Held in Bengaluru, the Demo Day was a culmination of weeks of a rigorous programme where the cohort underwent multiple rounds of pitching, mentoring sessions, and networking opportunities.

The startups pitched in front of a jury of business stalwarts and startup ecosystem enablers, including Chiratae Ventures’ Anoop Menon, CIIE.CO’s Chintan Bakshi, Matrix Partners India’s Kumar Aakash, Lightspeed India’s Manjot Pahwa and TiE’s Paresh Madani. 

The programme had three tracks — the BITSian track, the Web3 track and the pan-Indian track. The winning startups had a chance to tap into an equity-less potential pool of over INR 35 Lakh from the Conquest team.

Here Are The Winning Startups From Conquest Accelerator Programme

Green Tiger Mobility

• Founded In: 2020
• Founders: Ashish Dokani, Aditya Ganjapure
• Headquarters: Bengaluru
• Sector: Electric Vehicles

With India’s two-wheeler market expected to reach a volume of 42.2 Mn units by 2027 at a CAGR of 18.6%, it is no surprise that Indian cleantech startups are vying for this segment.

One such startup is Bengaluru-based Green Tiger Mobility. It claims to solve the concerns that come with owning an internal combustion engine (ICE) vehicle. The startup’s ‘Dual Powertrain’, which is currently in beta testing, allows two-wheelers to run on both petrol and electricity. 

The EV startup accomplishes this by retrofitting existing petrol two-wheeler vehicles with an ‘EV Kit,’ which includes an in-house designed battery, a battery management system (BMS), and a vehicle control unit, among others. This helps the rider to switch to petrol, electric, or a combination of the two.

The company has received a technical and financial grant from the Automotive Research Association of India (ARAI) and the Ministry of Heavy Industries. Its primary market is delivery riders from companies such as Amazon, Flipkart, and Swiggy. 

Apart from India, it plans to initially target Bangladesh, Indonesia, Nepal, and Kenya, after which it will expand into other South Asian, Southeast Asian, and African markets.

Green Tiger Mobility won the pan-India Track and bagged INR 10 Lakh from the Conquest team.

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Daffodil Health

• Founded In: 2018
• Founders: Amal Kiran, Anupam Rana
• Headquarters: Bengaluru
• Sector: Healthtech

Daffodil Health is a paediatric behavioural health platform that provides multi-modal therapies and real-time support to children with special needs and their families. 

The Bengaluru-based startup claims to bridge the demand-supply gap in this ecosystem by offering a variety of targeted therapy plans, including its flagship programme, Parent Mediated Therapies. 

Under this plan, the parents get one-on-one orientation sessions, baselining, therapy plans, daily activities, and progress tracking to ensure that the child makes steady progress toward the selected goals.

Other therapy plans include behavioural therapy, occupational therapy, speech therapy, and special education along with customised special programmes formulated while keeping a child’s age in mind. This includes programmes such as an infant stimulation programme (0-2 years), early intervention programme (2-4 years), school readiness programme (4-6 years), and remedial training programme (6-12 years).

Daffodil Health has also designed a parent app that comes with a brain development tracker which includes over 3.5K test items in 120+ areas of brain function, as well as 1K+ activities to help improve these brain functions. 

It claims to have served over 350 families so far by providing assessment and therapy services. With a CAC of $27 and a retention rate of 40%, the startup claims to have an annual revenue of  INR 6 Lakh.

Daffodil Health was the runner-up in the pan-India Track where it won INR 5 Lakh.

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StreamMoney

• Founded In: 2021
• Founders: Yugal Chittara, Piyush Chittara
• Headquarters: Bengaluru
• Sector: Web3

StreamMoney is building a utility transfer protocol that transfers conditional ownership of NFTs without collateral. It facilitates peer-to-peer (P2P) rentals of NFTs, NFT ticketing, memberships, and subscriptions.

The Bengaluru-based startup allows NFT owners to rent, offer subscriptions and enable ticketing of their assets. For this, it uses a smart contract with customisable termination and transferability conditions. 

This means that the owner can create either usage-based NFT tickets that expire after a certain number of uses or include a time clause wherein the token access gets revoked after a specific duration.

It won the Web3 track and got INR 8 Lakh in the form of an equity-less grant.

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Debound

• Founded In: 2022
• Founders: Arshdeep Taneja, Avyay Gupta, Komal Patel
• Headquarters: Gurugram
• Sector: Edtech

Debound is an edtech startup focused on integrating extracurricular skills into school-level academics. This includes skills such as designing, MS Office tools, coding, and using productivity tools, among others. For instance, an Excel course on the platform could be taught as an integrated integer-Excel course, allowing students to learn Excel while also learning integers.

The Gurugram-based startup operates on a freemium-based model. It claims to have onboarded around 700 students through partnerships with seven schools across four states. 

The startup has Harappa Education’s Shreyasi Singh, GoMechanic’s Kunal Arora, and CarDekho’s Mayank Gupta as advisors to build the product and expand their outreach. 

Debound won the BITSian Track and bagged ​​INR 3 Lakh from the Conquest team.

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12 Other Startups That Participated At Conquest Accelerator Programme

Aiverse

• Founded In: 2021
• Founders: Abhishek Rousha, Gaurav Mishra, Aryan Gupta
• Headquarters: Allahabad
• Sector: Web3

Aiverse is a platform which allows users to buy and sell data and technologies such as artificial intelligence (AI) and virtual reality (VR) applications.

The Allahabad-based startup offers users two suites of products — an AI Publisher and an AI Marketplace. The former helps the developers with no-code editor tools to create, edit and publish their AI services from scratch or by using their pre-built templates. 

The AI Marketplace offers users access to numerous services — AI/ML, DATA, AR, VR applications, or assets. The users can also use the platform to build and upload their data sets and prediction models.

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Enpointe

• Founded In: 2021
• Founder: Anna Kolk
• Headquarters: Mumbai
• Sector: Ecommerce

Enpointe is an influencer-led ecommerce platform that helps brands with influencer procurement, product endorsement, an influencer-linked virtual storefront and a tracking and measurement service. 

The platform claims that it makes influencer marketing an efficient and inexpensive strategy for brands by ensuring that they don’t have to spend any funds on influencers until the influencer has generated sales for the brand through content received on a product barter basis. 

It also allows influencers and brands to track their conversions and commissions using its performance analytics software.

For the users, the startup offers a seamless purchase experience by linking the products to an influencer’s enpointe storefront and allowing them to buy from multiple brands in the same transaction. This creates a single check-out experience for consumers who seek to buy products curated by influencers.

The Mumbai-based startup claims to have onboarded over 30 influencers and over 60 brands including Chambor, Chemist At Play, Kica, and Ilana, among others.

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Euphotic Labs

• Founded In: 2018
• Founders: Sudeep Gupta, Yatin Varachhia, Amit Kumar Gupta
• Headquarters: Bengaluru
• Sector: Robotics

Euphotic Labs’ flagship product NOSH is an AI-based home robot that automates cooking and offers personalised recipes to its users. Consumers have to just load the chopped ingredients in the ingredient tray and set a command for a specific cuisine to initiate the cooking process. NOSH, the cooking robot, facilitates the rest.

The Bengaluru-based startup also has a mobile app, which can be used to command the robot to cook remotely. It plans to earn revenue through four streams, including recipe marketplace subscriptions, meal kit deliveries, grocery affiliations, and customised diet plans.

It claims to have received over 650 pre-orders with an order value of over $300K with a waitlist of 2,700 prospective customers.

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Fragments

• Founded In: 2022
• Founders: Deep Sheth, Abhishek Das, Harshit Anand
• Headquarters: Bengaluru
• Sector: Web3

Initially named Gullak Party, Fragments facilitates users to collectively invest in non-fungible tokens (NFTs). It claims to tackle the issue of retail investors’ lack of investment knowledge by creating an investment community. 

This community is a mix of NFT veterans, who have industry experience and knowledge, and retail investors. Such collaboration helps retail investors invest an amount that they are comfortable with in an NFT project. At the same time, it allows experienced investors to set up investment decentralised autonomous organisations (DAOs) for purchase-based investing with retailers.

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FreightFox

• Founded In: 2020
• Founders: Nitish Rai, Sandeep Mukhopadhyay, Vikas Singh, Manjari Sharma
• Headquarters: Pune
• Sector: SaaS, Logistics

FreightFox provides manufacturing enterprises with control, visibility, and data-driven decision-making for logistics procurement and operations, thereby plugging revenue leaks and market share losses while also reducing costs.

It helps companies analyse their freight spend by giving increased visibility into planned vs actual freight expenditure and identifying optimisation opportunities.

The Pune-based logistics company helps create supply chain efficiencies by combining freight from multiple manufacturers in an industrial corridor on one truck. It then transports it on a technology-optimised route, resulting in cost and delivery time optimisations for all parties.

The startup claims to have over 10 clients, including Fortune 500 companies such as Bridgestone, EY, Hero, and P&G, among others.

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NeoFanTasy

• Founded In: 2021
• Founder: Deep Kharadi
• Headquarters: Vadodara
• Sector: Gaming

NeoFanTasy is a fantasy game platform where users play fantasy games to win rewards in the form of crypto and NFTs. Users have the option of redeeming their NFTs for fan rewards or auctioning off their winnings.

The startup provides a merchandise marketplace, as well as product placements and advertisements, to the sports team it onboards.

It claims to have 200 users and INR 3 Lakh in revenue currently from contract-based engagement platforms for organisations.

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OriginKonnect

• Founded In: 2020
• Founders: Ajit Jangle, Ravish Kumar
• Headquarters: Mumbai
• Sector: Fintech, Agritech, Marketplace, Logistics

OriginKonnect aims to simplify agri-food trade globally by creating an integrated B2B supply chain platform for agri-food importers and exporters. It offers a variety of services, including assistance in obtaining working capital from a verified supplier, freight and logistics support, and discovery of verified importers, among others. 

The Mumbai-based startup enables end-to-end fulfilment by making the supply chain more transparent and traceable, with secure financial transactions and dependable logistics. 

The logistics platform operates on a freemium model, with a referral fee ranging from 2-10% for various services from channel partners. It claims to have signed up over 100 exporters and importers with a combined GMV of over INR 20 Cr.

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PredictRAM DeFi

• Founded In: 2020
• Founders: Subir Singh, Sheetal Maurya
• Headquarters: Delhi
• Sector: Fintech

The Delhi-based startup is a risk management protocol that uses AI, ML, continuous integration (CI), and Web3 technology. Its goal is to reduce portfolio risk through tokenisation. Tokenisation is the process of converting an asset’s ownership rights into a digital token.

PredictRAM DeFi is currently in beta testing. It creates low-cost event-specific exchange-traded fund (ETF) tokens to mitigate individual portfolio risk. It increases investor access to ETF markets by making the process of creating custom ETF tokens inexpensive and simple.

The platform claims to have over 1,200 financial analysts and economic experts as users.

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Scrollify

• Founded In: 2022
• Founders: Manas Agarwal, Anshul Chandra
• Headquarters: Gurugram
• Sector: Edtech

Scrollify is a bite-sized content platform that uses trendy content such as short videos and texts to upskill and provide insightful content to industry professionals and students. It has two verticals  — Scrollify Learn and Scrollify Insights. 

Scrollify Learn caters to Generation Z by providing personalised learning feeds and paths based on users’ interests and goals. It provides short courses in areas such as management, technology, and entrepreneurship, starting at INR 199. Scrollify Insights enables young millennials to consume content from a variety of creators via personalised feeds. 

It claims to have over 3.6K users on its mobile app and website, with over 590 registered users.

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Statlogic

• Founded In: 2015
• Founder: Vignesh M S
• Headquarters: Chennai
• Sector: Agritech

Statlogic is a deeptech startup that creates artificial intelligence-powered solutions for animal husbandry and dairying. Nandi, its bovine identification platform, is a digital facial recognition platform for managing bovine identity. It uses animal biometrics and AI to provide each bovine with an Aadhar-like identity. Nandi functions as a digital insurtech platform that assists stakeholders in making data-driven decisions for effective cattle insurance penetration among dairy farmers.

The platform has the potential to address some of the issues that stakeholders face when it comes to stray cattle management. This includes animal disease traceability for effective vaccinations and disease control, pedigree management for genetic improvement of cattle, and making livestock trading and financing available to smallholder farmers. 

The Chennai-based platform has completed a pilot project with the National Dairy Development Board (NDDB) and claims to have identified over 1K cattle from seven breeds across five states.

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UNINO Healthcare

• Founded In: 2016
• Founders: Harshini Zaveri, Chiranjit Zaveri
• Headquarters: Mumbai
• Sector: Healthtech

UNINO Healthcare is a healthtech startup focussed on improving surgical efficiency and reducing Iatrogenic and other complications caused in the process of medical treatment.

The Mumbai-based startup has designed and developed patented technology for an efficient chest drain management system. Called the PleuraGoh, it is a portable chest drain management system that secures the chest tube in place and eliminates the need for re-intervention of the same treatment.

It’s a single-use device with an antimicrobial coating, which reduces the chances of infection and sepsis at the incision site. It has the added benefit of reducing unnecessary exposure to radiation hazards due to additional X-rays.

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Xebra

• Founded In: 2019
• Founder: Nimesh Shah
• Headquarters: Mumbai
• Sector: SaaS

Xebra is an enterprise resource planning (ERP) software for B2B MSMEs. It provides an instant, accurate and consolidated view of the business performance. It is a unified SaaS business suite offering a host of services including analytics, human resources (HR), customer relationship management (CRM), finance and banking.

The Mumbai-based SaaS platform aims to digitise and improve the financial well-being of MSMEs by educating them about accounting and financial jargon. By automating their accounting, HR and financial practices, Xebra helps businesses streamline cash flow and eliminate wasteful spends.

The startup claims to have over 63 Mn active MSMEs in India registered on its government portal.

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Update | 30th November, 3:15 PM
The founders of Daffodil Health and StreamMoney have been updated.