TLabs Announces Batch 6, Raises Startup Valuation to INR 1.5 Cr.

Startup Accelerator, TLabs has announced its sixth Batch of Startups, which kicked-off in earlier this year in September.

This new batch consists of five startups providing unique solutions across a variety of markets.

With this new batch, TLabs has now raised the valuation of each startup that it accepts in the program to INR 1.5 Cr. and it will be investing INR 12 Lakhs in each startup. Prior to this batch, it use to invest INR 10 Lakh at an valuation of INR 1 Cr.

According to Abhishek Gupta, this change was necessary keeping in mind the rising operational costs for startups and market dynamics.

Here are the 5 startups that are part of this batch:

Vidooly: It is an intelligent YouTube marketing & analytics suite for content creators, brands & MCNs that helps grow their channel, build audience base & earn more revenue organically.

Wibe: It re-imagines the web where users can watch videos relevant to the content they are reading on any website. Wibe is currently offered as a browser extension compatible with all popular websites such as Google, Wikipedia, Amazon etc.

Neuron: It is a big data tool that examines a brand’s social presence (Facebook, Instagram, Twitter & Pinterest), pick up users who are interested in its products and then calculate through deep learning which users might become its customers.

Flynx: Flynx is a browser completely re-imagined and written from ground up for mobile browsing. It’s a revolutionary browser that doesn’t obstruct your current workflow and helps you multitask like never before.

Mobapper: It helps web-publishers to optimize their website for mobile experience by creating native mobile apps. Mobapper can create native apps for iOS, Android, Windows and Blackberry platforms on the fly.

With this batch, TLabs takes its portfolio count to 36 startups. The startup accelerator had concluded its 5^th batch in August this year with 7 startups.

TLabs has also opened applications for its next batch, interested startups can apply here.