Meet the 10 Indian startups taking off for the UK tonight

London. Photo credit: Pixabay.

Ten startup founders from India are taking off for the UK tonight for a week-long program of networking and mentoring. They are the latest batch of chosen ones under a Tech Rocketships program initiated by UK-based TechHub, with support from UK Trade & Investment. Here’s a look at the ten that found seats on the rocketship:

Cashkumar

Bangalore-based Cashkumar is a peer-to-peer loans site for individuals and businesses. It began as a portal for forex vendors in 2014 and was incubated in Kyron accelerator. Then it pivoted.

Cashkumar now uses non-traditional data points to assess eligibility for loans. This enables loans to flow to those who would be denied in the usual banking system. The bootstrapped startup is poised for rapid growth this year as demonetization in India brings more people online for financial transactions.

See: Here’s the multiplier effect of going cashless

BendFlex

A BendFlex tool being used to inject an embryo of a Zebrafish. Photo credit:BendFlex

Tech in Asia featured BendFlex in 2015 among cool, young startups waiting to be funded. That was the year BendFlex was born in a lab of the Indian Institute of Science (IISc) in Bangalore. Its founders are two PhD’s from IISc, Raghunath Babu and Ramnath Babu.

BendFlex produces equipment for in-vitro fertilization, such as micro-grippers for biological cells and bioreactors for cell culture. Other patent-pending micro-devices are also on the anvil.

See: How a medical device maker got $5 million in seed funding

Outsell

Bangalore-based Outsell, as its name suggests, promises to help exceed sales targets. It provides sales coaching to enterprises to help their sales teams get up to speed on product knowledge. The SaaS (software-as-a-service) startup gives sales reps bite-sized content on their mobile devices.

See: Meet the artificially intelligent sales gorilla that closes deals faster

Get My Parking

Delhi traffic is a force to be reckoned with. Photo credit: Wikimedia

New Delhi-based Get My Parking aims to save you the hassle of finding parking slots in India’s overcrowded capital. It intends to launch its mobile app in other cities, too, to provide real-time parking information. Get My Parking raised US$377,000 in seed funding last year from the Chennai Angels.

See: Here’s how Plonk found new parking spaces in overcrowded Bangalore

Promethean Energy

Prometheus is a character in Greek mythology who was punished by the gods for stealing fire and giving it to humans. Promethean Energy helps today’s enterprises and industries save on energy costs and also reduce emissions with its energy-conserving products. Cleantech is one of the pressing needs of the planet, and this startup aims to enable companies to save the environment while saving on costs.

See: India gets the world’s first solar-powered airport in sunny Kerala

Quizworks

Bangalore-based Quizworks helps colleges and companies organize quiz events. It uses quizzes for alternative learning and brand building. Quizworks has worked with over 80 clients, including Tata Motors, Microsoft, and SRM University.

See: Edtech funding in India takes a cue from China

RepUp

Gurgaon-based RepUp has a SaaS product to help hotels with “customer experience management.” Mainly, that involves dealing with customer reviews online to ensure the hotel maintains a good ranking. RepUp is also a content partner for TripAdvisor. It raised seed funding in November 2015 from the Indian Angel Network.

See: 50 SaaS startups getting founded in India each year

Greenlit

Greenlit India Opto Electronics makes LED lights for consumer as well as industrial use. It aims to make them more suitable for the unreliable electricity supply in many parts of India. Imported LED lights often fail in these conditions.

See: 11 rising startups in India

Fundamentor

Photo credit: stockbroker / 123RF Stock Photo.

Pune-based edtech startup Fundamentor uses gamification and other methods to make learning fun for kids in the 8-15 age group. These are aimed at developing quantitative, verbal, data inference, and creative thinking aptitude in school students.

See: 10 top-funded edtech startups bucking the trend in India

Planet Superheroes

Mumbai-based Planet Superheroes uses popular comic book characters for merchandizing. This includes T-shirts, flip-flops, phone cases, toys, and diaries. It raised US$540,000 in seed funding from DSG Consumer Partners in November 2015.

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