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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102275) | |
21351. This agritech startup by IIT and IIM alumni is bringing fresh produce to your doorstep
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- Mumbai-based farm-to-fork grocery startup Fraazo claims to be serving over 200,000 households in Mumbai and Pune, and aims to touch one million households in two years.
- In order to get further scale and grow, Fraazo in 2018 became a part of the retail brand of VnF Ideas Private Limited, one of Mumbai’s leading agritech players providing farm-fresh vegetables and fruits to retail consumers and businesses.
- In 2019, the team launched its online store and hyperlocal model in chosen catchments across Mumbai and Pune.
21352. This Google Launchpad-incubated startup provides loans at zero-cost EMI to help parents pay school fees
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- Founded by Rohit Gajbhiye, Naveesh Reddy, DebiPrasad Baral, and Sunit Gajbhiye in 2017, the Mumbai-based startup provides zero-cost EMI-based school fee financing options to parents.
- Mumbai-based Financepeer has so far impacted nine lakh plus students across more than 2,000 schools in India.
- It has also helped over 5,000 families of daily-wage workers through its relief fund project, SAATH, since the beginning of the pandemic.
21353. This engineer-turned entrepreneur is providing a platform for young designers to create affordable fashion
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- Founded in mid-2019, the Gurugram-headquartered startup brings together all the key stakeholders – designer, manufacturer, and the customer, on a single platform.
- For designers, it is a very affordable place as they just have to pay an annual subscription fee of Rs 799 to avail its services. As of now, around 1,100 designers have registered on the platform, with around 250 of them being paying customers.
- The profile of designers on Jerphy’s platform are generally in the age group of 18-35 years, and it has got partnership with around 27 manufacturing units.
21354. How Bengaluru-based startup Urvija AI is helping businesses monetise their real-world data
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- Bengaluru-based Urvija AI is aimed at helping its clients find an additional source of income by monetising the data of the physical world.
- Urvija AI was launched in July 2019 by Urvija Srivastava, along with her father Saurabh Srivastava (former McKenzie consultant ), Akansha Saxena, and Siphe Kala (former employee at McKinsey) .
- Urvija AI’s core product YUNI provides tools to analyse data and save internal costs. It also monetises data collected by businesses in the physical world.
21355. Using artificial intelligence, this SaaS startup is helping travel agencies scale up their business
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- The startup’s product algorithms leverage the power of machine learning to uniquely map hotel content with a 99.99 percent accuracy, as it claims.
- In simple words, the startup reads millions of data points that are coming from hundreds of sources. Once they have that, they use their inbuilt AI-based capabilities to learn and predict.
- The founders personally invested Rs 10 lakh (approx. $13,300) in the company, initially.
- For the current financial year, their revenue is $328,000, and for the next financial year, their target is to reach $1.2 million — out of which $500,000 is expected to be recurring revenue which would come from long-term contracts.
21356. [Startup Bharat] How these IITians turned their student project into a profitable global edtech company
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- Founded in 2018, STEMpedia is an edtech startup that is focused on ensuring STEM (science, technology, engineering, and mathematics) education is accessible to every student.
- To leverage digital-only education during this pandemic, STEMpedia launched a new offering called PictoBlox AI in June, which lets kids develop their own AI apps in an interactive and playful manner.
- Under this programme, kids can code programmes and learn by making fascinating projects and applications, like face recognition-based attendance systems, gesture-controlled robots and games, AI-based logo quiz, and much more, through a project-based learning model.
21357. [Startup Bharat] This Indore-based edtech platform is using DIY kits to spruce up preschool learning
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- Indore-based edtech startup ClassMonitor has taken an online-offline approach to learning for preschoolers. It has over 30,000 registered users on its app.
- In March 2016, Vijeet and Vikas launched ClassMonitor as a messaging platform for parents and teachers. It aimed to be a replacement for chaotic and spammy WhatsApp, and streamline communication between both parties.
- In October 2018, it pivoted from a communication platform to a hybrid early learning tool that marries offline learning with digital cues and rewards. Essentially, ClassMonitor built an O2O model in edtech.
21358. Starting up from a Messy Corner, these siblings built a Rs 6 Cr personalised gifting startup
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- The Messy Corner (TMC) was founded in 2015 by siblings Aayush and Aanchal Poddar The founders initially invested Rs 10 lakh in the business. Since then, it has been transferring back all the profits back into the business.
- The Messy Corner currently is a 20-member team, including full-time employees and freelancers.
- The startup designs its products in-house. It sources the raw materials from local markets in Mumbai, Delhi, and Chennai, and manufactures the products at TMC’s factory in Vasai, Mumbai, which was set up in 2015.
21359. Focusing on quality helped this solar energy startup find its place in the sun
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- Ahmedabad-based solar energy startup URON Energy, which offers end-to-end solutions and works with residential, corporate, and government clients, expects to clock $2.5 million in revenue by the end of 2020.
- Currently, URON Energy is operational in Gujarat and National Capital Region (NCR). It has also received a few overseas inquiries. It has bagged a few orders from Australia and Tanzania, but is unable to execute these projects due to COVID-19.
- They provide complete end-to-end services. This includes project conceptualisation, design engineering, implementation, and maintenance.
21360. This Meerut-based platform connects buyers and sellers; is giving tough fight to OLX, eBay
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- SellQuikr provides a common platform for buyers and sellers to sell their products independently. With a two-member team and bootstrapped with their scholarship money, the founders have managed to be profitable.
- Meerut, siblings Gunjeet Singh Bawa (21) and Manmeet Singh Bawa (20) founded SellQuikr in 2018 with an aim to connect all the buyers and sellers directly and independently across India.
- The website currently has over 70 categories, including gadgets, real estate, motorbikes, cars, and clothing.