Google Announces 4 New Indian Startups for Fresh ‘Launchpad Accelerator’ Batch

Google Announces 4 New Indian Startups for Fresh 'Launchpad Accelerator' Batch

Google on Friday announced the four shortlisted Indian startups for its hands-on mentorship programme ‘Launchpad Accelerator’. With this batch, a total of 30 Indian startups have so far joined the class.

The shortlisted startups – BabyChakra, m.Paani, NIRAMAI and SocialCops – will join a group of startups shortlisted from all over the world at the Google Developers’ Launchpad Space in San Francisco in the US.

Class 5 of the mentorship will kick off on January 29 and will include two weeks of all-expenses paid training, as part of the the full six-month programme.

“These startups have been shortlisted based on their unique value proposition and use of latest technologies like machine learning and artificial intelligence,” Roy Glasberg, Global Lead, Google Developers Launchpad, said in a statement.

BabyChakra is a trusted care companion to Indian parents, from pregnancy to parenting.

m.Paani powers real-time, direct to consumer engagement, marketing, loyalty and insights for mass market consumers and retailers.

NIRAMAI is a healthtech startup that has developed a novel breast cancer screening solution while SocialCops empowers organisations to make better decisions through data.

Launchpad Accelerator is Google’s six-month programme that includes an intensive two-week boot camp in San Francisco and mentoring from over 30 teams across Google and expert mentors from top technology companies in Silicon Valley and globally.

[“Source-gadgets.ndtv”]

SoftBank founder’s brother Taizo Son launches agri-food tech accelerator in India

SoftBank Group’s founder Masayoshi Son’s younger brother Taizo Son has launched an agri-food tech accelerator in India in partnership with Gurgaon-based GSF Accelerator and Indo-Japan business consultancy Infobridge.

Taizo Son’s Japan-based incubator Mistletoe, GSF and Infobridge floated the joint venture accelerator christened as ‘Gastrotope’ in Bangalore on Thursday.

Taizo Son is a tech entrepreneur and a prolific investor in his own right, while his brother Masayoshi Son has earned more fame, money and influence through his aggressive investments across the globe. Since its launch in 2013, Taizo Son’s Mistletoe has made over 90 investments globally that are worth around $160 million. Mistletoe has made three investments in India in startups such as Innerchef, Ninjacart and Kisan Network. Innerchef was started by GSF’s founder Rajesh Sawhney.

Taizo Son founded Mistletoe in 2013. He is also founder of Japan-based mobile gaming company GungHo, in which SoftBank acquired a 51% share in 2013 for $1.53 billion. GungHo bought back most of its shares from SoftBank last year.

The newly launched accelerator Gastrotope will focus on sustainable ideas and models in the ‘farm-to-fork’ value chain. It plans to create an agriculture and food-tech enabled industry ecosystem throughout this value chain and invest in startups that can add value at various stages, starting with farmers and moving to food transportation, processing and delivery to consumption.

“I have always believed that innovation comes from the connecting of diverse dots, and this time, with the bridge between India and Japan, unique solutions to the questions of food and agriculture will arise,” Taizo Son said. “We hope, while working with our partners here, we will become a catalyst for this new movement of farm-to-fork permaculture,” he said.

Sawhney said he will be working on creating a leadership team for Gastrotope. Other details such as the duration, number of startups, launch of the first batch and investment amount are yet to be finalised.

“Gastrotope is borne out of a vision of democratising healthy gastronomy experiences for millions. The food consumption habits are changing globally with a focus on nutrition and wellness and instead of food industrialization, the new goal is all about ‘what we grow’. Gastrotope seeks to play a vital role in catalysing India’s adoption of these trends through the birth of a new agriculture and food-tech ecosystem,” he said.

Besides Innerchef, Sawhney founded GSF that runs three programmes such as an accelerator, an angel network and tech conferences. The GSF accelerator programme has incubated over 40 startups in Delhi, Mumbai, and Bengaluru. Among these, investors have exited five startups, about 40% have raised venture rounds and over 80% have gone on to raise angel funding.

Infobridge has more than 10 years of experience in India, creating a bridge between India and Japanese businesses. It provides consulting and business development services to Japanese in India. The company has brought several Japanese startups to India.

[“Source-vccircle”]

Cisco Unveils LaunchPad Accelerator Under Startup India Initiative

Cisco Unveils LaunchPad Accelerator Under Startup India Initiative

In a fillip to Prime Minister Narendra Modi’s ‘Startup India’ campaign, US-based global technology company Cisco on Wednesday unveiled ‘LaunchPad’, an open innovation initiative to accelerate startups and support growth among India’s young developer community.

‘LaunchPad’ will help startups, their authorised channel partners and developers scale their solutions, address new markets and build digital businesses in the world’s youngest startup nation and second biggest developer community.

“We have an unprecedented opportunity to digitise the next three billion people in one-third the time it took to connect the first three billion. Through ‘LaunchPad’, we want to unleash the next generation of disruptive ideas and help turn the entrepreneurs of today into the business leaders of tomorrow,” Amit Phadnis, President, Engineering and India Site Leader, told reporters at Cisco campus in Bengaluru.

“We would wish to take this initiative to state governments as before we digitise the next three billion, connecting the few millions in our country with our strong go to market capabilities is the first challenge,” Phadnis told IANS.

As pat of the project, Cisco teams will mentor startups and developers on how to help create digital solutions to enable enterprise customers, service providers and other enablers in the public and private sphere.

The move will help connect the people and 50 billion devices through digitisation, matching appealing ideas with business expertise and connecting engineering talent with investors and customers.

For this, Cisco will provide a space at its Bangalore campus with access to a suite of Cisco technologies and free grants to startups chosen to work at its campus.

“Innovation and investment are the key drivers of the Indian economy, leading to jobs, growth and long-term prosperity. India is a hotbed of entrepreneurial talent and Cisco LaunchPad will be a tremendous accelerator for startups to develop digital solutions that reach a global market,” added KS Vishwanathan, Vice President, Nasscom, Indian IT industry trade body.

India is the youngest startup and developer nation in the world and is projected to have the world’s largest number of developers by 2018.

Through ‘LaunchPad’, the startups will get an opportunity to work on solving business relevant problems by catering to use cases that are identified and validated by Cisco go-to-market teams.

The initiative will initially focus on manufacturing, retail, transportation, education and healthcare sector.

As part of the initiative, Cisco and Tech Mahindra Limited announced a collaboration to develop digital solutions for the Indian electric utilities.

They will work with select startups and developers to bring together Cisco technologies, startup Community and accelerate digitization of the power sector and transform the way electricity is delivered to and used by people, the company announced.

“Cisco LaunchPad is an excellent platform for Tech Mahindra to help solve some of the complex emerging market problems like the energy management, healthcare access and intelligent manufacturing,” noted L. Ravichandran, President and COO, Tech Mahindra.

The US networking major earlier this year announced a planned series of strategic investments in India that will total over $100 million (roughly Rs. 675 crores) including $40 million (roughly Rs. 270 crores) to fund early-stage and growth-stage companies in the country and train 250,000 students in India by 2020.

Cisco recently launched a Global Delivery Center in Pune which will lead to its headcount in the country getting doubled over the next two years.

With the new Pune centre, India will be the only country in the world where Cisco will have two global delivery centres, the other one being in Bangalore. The centre will help to proactively explore potential service growth opportunities, especially in Maharashtra.

Apart from contributing significantly towards ‘Digital India’ initiative, Cisco has also collaborated with several state governments to accelerate the “Smart Cities” project.

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Tags: Apps, Cisco, Digital India, India, Internet, LaunchPad, Nasscom, Startups
[“Source-Gadgets”]

T-Hub to set up a health tech accelerator

Photo: Mint

Photo: Mint

Hyderabad: Hyderabad’s start-up incubator T-Hub is looking to set up a health tech accelerator, to mentor and fund 10-15 innovations, in May this year. In fact, over the next one year, it would also open three other accelerators, for Internet of Things, agritech and B2B companies.

“The healthtech accelerator will be the first one among four to open in April-May. Shortlisted companies in lifesciences and health tech will have a structured program to meet product, market and revenue validation. Also, investors would put in money,” said Jay Krishnan, chief executive officer of T- Hub at the BioAsia 2016 summit on Wednesday.

The accelerator would be named ‘T-Hub Health Tech Innovation Accelerator’ and will be set up in partnership with Merck and Microsoft Ventures. The accelerator will execute a steady growth plan based on experimentation and metrics. The start-ups will receive mentorship from domain experts and will be connected to a platform to receive investment from institutional ventures.

“At any given point there would be just one accelerator at T-hub. So every quarter one accelerator would complete a program and then the next would begin working,” Krishnan said.

T-Hub, a public-private partnership initiative spread across 70,000 sq.ft, so far has hit 75% of the co-working and full space facilities. Of this, 5-10% are life sciences and health companies.

“We have 1,600 more applications and are not able to keep pace with it. But somewhere we have to draw a line so we will be filtering from 1,600 and not take any more applications,” Krishnan said.

[“source-Livemint”]