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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102633) | |
22001. This Y Combinator startup aims to be the Zoom alternative for all Indian startups, SMEs
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- As A Y Combinator - Winter 2021 startup, Dyte is a Made in India video calling platform that competes with Zoom, allowing you to integrate plug-ins (apps) right into your call.
- Abhishek (Accenture Analytics), Kushagra (Paypal), and Palash (CloudSek) — the trio had decided, if they would ever build a startup, they would do it together
- This led them to start Dyte — a Made in India video calling platform — that allows you to integrate plug-ins (apps) right into your video call. The Delhi-NCR-headquartered startup was founded in September 2020 and has been selected for Y Combinator - Winter 2021 batch. At present, the co-founders work remotely, where Abhishek works out of Faridabad, Kushagra out of Haridwar, and Palash is based out of Rajasthan.
22002. This agritech startup aims to make trading of commodities simple and transparent
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- Origo Commodities, the Gurugram-headquartered agritech startup founded in 2010 by IIT Delhi graduate Sunoor Kaul and Mayank Dhanuka, has been focused on these two elements – supply chain and financing, to ensure that farmers get a fair price and others involved in this ecosystem get access to legitimate capital.
- The agritech startup, which received initial funding of $8 million from HNIs based in the US, went about building a supply chain infrastructure where the farmers, traders, millers among many others can store their produce in the warehouse facilities for a nominal fee.
- Today, it has a pan-India footprint of more than 500 warehouses across 15 states, and a storage capacity of 3.5 million metric tonnes for a wide range of commodities. Its warehouses are utilised by private players and government agencies alike. It currently has assets under management of around $1.4 billion. But the most crucial aspect for Origo Commodities is financing
22003. Why this MSME lending startup believes it can grow big by lending to micro-enterprises
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- Founded in 2014 by Sanjay Sharma and Vikram Jetley, Gurugram-based MSME lending startup Aye Finance enables financial inclusion for micro-enterprises through tech-based processes to build credit insights. It doubled its revenue to Rs 410 crore this year.
- "We have disrupted the status quo with innovative credit assessment methods that do not rely on traditional business documentation and methods. We have leveraged the advancement in data analytics and technology to not only make sound risk assessments but also simplify the lending process, reduce their borrowing costs, and enhance customer experience," says Sanjay.
- Sanjay was working in a housing finance company at a leadership position in the UAE before he decided to head back to India to look for opportunities to contribute to social impact in 2013. Vikram, on the other hand, worked with HDFC Bank and National Bank of Oman. The duo got together in 2013 to pursue this opportunity of lending for social impact.
22004. [YS Exclusive] How this Bengaluru-based blogging startup got Silicon Valley investor Naval Ravikant to invest in it
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- In an exclusive interaction with YourStory, noted Silicon Valley investor Naval Ravikant and Uncorrelated Ventures’ Salil Deshpande talk about how they got onto investing in Delaware and Bengaluru-based startup Hashnode — a blogging platform for software developers’ community.
- Naval Ravikant is one of the most respected and successful angel investors of Silicon Valley, who has invested in over 200 companies that include some of the biggest names — Uber, Twitter, FourSquare, Postmates, Yammer, among others. The Co-founder and CEO of AngelList has also had over 70 exits.
- Hashnode Co-founders Syed Fazle Rahman and Sandeep Panda, impressing Naval Ravikant in an elevator pitch was no mean feat.
22005. Edtech startup TagHive is building interactive classroom solutions to make education accessible to all
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- The Class Saathi at-home version also offers an AI-powered personalised learning experience to students. At present, it offers math and science content for students from Class 6 to Class 10.
- in 2017 by launching edtech startup TagHive. Headquartered in South Korea, TagHive spun off from Samsung’s C-lab incubator programme and has built an interactive classroom solution to positively impact the lives of children studying in schools like those in his village.
- TagHive’s flagship product is Class Saathi,
22006. [Startup Bharat] This Udupi-based healthy snack brand wants to make natural superfoods like makhana available worldwide
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- In Januar020 Bhopal-based healthtech (physiotherapist Anubha Singhai) startup PhysiQure operates on a hybrid model with teleconsultations and clinics to make quality physiotherapy accessible to all.
- Plans for the future include scaling up and incorporating AI and IoT in physio practice and management.
- “We are looking at a combination of online and physical distribution to reach our target consumers. We are already on Amazon and other ecommerce platforms. We are also setting our distributor network and sales,” she says.
22007. Hiring startup ShortJobs works as a matchmaker between job-seekers and companies seeking talent
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- Umang Mathur, who has over eight years of experience in advertising, media, and marketing, to launch jobs startup ShortJobs in July 2020 to help people find employment amid the pandemic.
- Mumbai-based ShortJobs is looking to connect people, focusing on those lost their jobs to the pandemic, with companies looking to hire professionals for short-term requirements.
- “Our main job is to provide a complete solution to serve the need of short-term engagement – more popularly known in the West as ‘gig jobs’ – looking at the need from an Indian perspective and for the best value-for-money proposition,” he says.
22008. Mumbai-based martech startup Growisto is helping brands drive online retail growth
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- IIT Bombay graduates Kiran Patil and Pritesh Mittal founded Nearfox, a discovery platform that helps citizens make discoveries across categories like food, shopping, beauty, fashion, fitness, entertainment, and local travel, in 2015. However, the startup shut shop in 2016.
- In 2016, the duo launched Growisto. The Mumbai-based startup is a retail ecommerce marketing and technology company, which focuses on leveraging technology and data to drive online retail growth.
- In 2016, the duo launched Growisto. The Mumbai-based startup is a retail ecommerce marketing and technology company, which focuses on leveraging technology and data to drive online retail growth.
22009. How this product manager and musician started a VR startup for digital heritage experiences
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- Bengaluru-based Who VR is a patent-pending startup that provides digital heritage experiences.
- In 2017, while composing music, Ajit Padmanabh had a vision of music enthusiasts gathered outdoors, wearing Head-Mounted Devices (HMDs), and bobbing their heads to great music.
- In 2018, he started Who VR, a patent-pending, pioneering VR/AR startup out of Bengaluru, with a focus on digital heritage.
22010. This agritech startup’s farming-as-a-service is impacting 25,000 farmers
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- Dashmanth Reddy, Mithil Gandhi, and Nitin Razdan started Ujjay in late 2016. The Hyderabad-based startup has created a technology platform to enable farmers by providing a one-stop solution for all their farming needs.
- bootstrapped agritech Ujjay offers crop advisory, product, and mechanisation services for farmers.
- “We came up with FaaS (farming as a service) to help farmers. We work with farmers by providing land preparation equipment. We have started adding services across the value chain, and are mainly focused on pre-harvest services,” Dashmanth says.