My engagement with Start-Ups started a couple of years ago, even though I started active angel investing a few months ago. During this short period of time, number of investments is 14 and a few in pipeline.
It has been an amazing experience of having met close to 100 Company Founders. Most of these meetings have been with a desire to learn as a 21-year-old and only a few meetings have been investment driven.As a process, I spend a few hours with founders and follow the “Dil Se” investing (Read More) approach. I don’t remember having seen a spreadsheet before making angel investment. The investment decision is driven based on Biology and Chemistry with Founders and once there is a deeper understanding and connect with the founders, I start understanding Physics and Maths. I am sector agnostic but prefer ideas that connect to me and not just IRR driven.
During these meetings with Founders, I share my life experiences, learnings & provide certain frameworks to the founders to take decisions and make tradeoffs.
I recognize my role as a facilitator and learner, therefore I never force my views on Founders.
Amongst many other Business Specific ideas, some of the topics I discuss with Founders is as under:
1. Size of Opportunity, Ability to Compete, Risks, and Synergies
2. Scale & Capability Building
3. Power of Ecosystem
4. Right to choose a Partner Business or Financial
5. Discipline, Prioritization, Focus, and Power of the Same Page
6. Importance of Values & Purpose
7. Value Creation Vs Dilution
8. Execution Focus etc.
9. Raising the bar, creating optimism and unwavering faith to achieve impossible
10. Identify Higher Purpose and stakeholders first
I have posted short blogs with regards to some of the topics referred above.
It’s been a wonderful journey so far, as I learn new ideas, trends and also read and watch videos to get deeper connect with philosophy, psychology and digital technologies.
Here is a list of the Investments I have made so far, will keep on updating the list as I invest in these start ups.
Name of the company – Gensol Mobility Private Limited – Blu Smart™
Website – Blu Smart™
Blu Smart is reinventing mobility by bringing together and aggregating the world’s most innovative mobility concepts under a single mobility platform [under one roof] – RideSharing, CarSharing and SharedCharging. Blu Smart is a 100% electric vehicles powered smart mobility and smart charging platform. Blu Smart is a sharing economy solution for modern urbanites who want access to flexible and affordable mobility. We are building an ecosystem for multi-modal zero emission smart mobility and smart charging solutions. With Blu Smart App [iOS and Android] – the customer always gets the most affordable and the most convenient way to get to their destination.
The demand for shared mobility will continue to grow driven by three mega trends – urbanization, sustainability and sharing economy. Blu Smart offers flexible RideSharing, CarSharing and SharedCharging solutions for a city – faster searches, easy trip planning, shared charging, quicker and seamless online payments – all in one app.
Blu Smart™ Shofr is a RideSharing service aiming to simplify intracity and intercity smart urban commute. Blu Smart has 100 electric cars on its ridesharing platform in Delhi NCR and will scale to 1500 electric cars across Delhi NCR, Mumbai and Pune in 2019. Just tap on your smartphone wherever you are and your ride will arrive whenever you want want. RideSmarter with Blu Smart Ride – no surge pricing, comfortable, safer, premium and affordable rides.
• Drivers are supplied through Driver Partner agencies and are on contract. Drivers are not direct employees. We are creating a universal basic income model for drivers.
• Revenue Model – Revenue from ridehailing and ridehsharing. Currentlu Blu Smart’s fleet is generating revenue of INR 2,200 per car per day.
Blu Smart™ Drive is a premium free-floating CarSharing service – the most advanced electric cars in the world, no hassles of car ownership, no stress and no fixed costs [insurance, maintenance]. Customer pays only for the duration of the journey per minute. Blu Smart will offer premium electric cars from Nissan, Hyundai, Kia, BMW, Jaguar, Mercedes.
Blu Smart™ Charge is building the share charging platform and aggregation of smart charging stations [airbnb of charging]. Blu Smart has partnered with BSES and others and has built 15 smart charging stations are premier locations [free of rentals, free parking]. Blu Smart Charge will build 65+ charging stations in Delhi NCR and will aggregate 10000+ charging stations in the coming months across Delhi NCR, Mumbai and Pune. One Network – One App for all technologies – Bharat Charge, CCS and CHAdeMO.
Name of the company – StyleDotMe fashion and lifestyle Pvt. Ltd.
Website – styledotme.com
We have built our company with the motive of making life and shopping easier for each individual associated with the jewellery industry. People’s experience and convenience is what drives us to push our boundaries and create such ground breaking innovations. Our purpose is to create the world’s best user experience for jewellery shopping. We are focused on being the one stop solution for each and every jeweller across the globe.
We are a group of people on a mission to make jewellery shopping the most undemanding experience in the history of shopping. mirrAR by StyleDotMe is the world’s first Augmented Reality tech platform that lets shoppers virtually try on jewellery without actually wearing it. Our endeavour is to achieve a solution to negate the tedious and challenging process of physically trying multiple jewellery designs. Our aim is to make this world a better place for jewellery shoppers and lovers.
Website – joshtalks.com
Unlock Human Potential
Josh Talks was co-founded by Shobhit Banga & Supriya Paul in January 2015 with the goal of raising the aspirations of Young India.
What started as a simple conference back then is now a robust media platform that covers a wide array of subjects with speakers from every conceivable background, including entrepreneurship, public policy, sports, entertainment and social initiatives. With multiple regional languages in their ambit, their stories and speakers echo one desire: to inspire action. Josh Talks is proactively building an all-inclusive, passionate community of young individuals from rural and urban areas, with a special focus on tier II and tier III cities. Josh Talks passionately believes that a well-told story has the power to reshape attitudes, lives, and ultimately, the world.
Name of the company – Chqbook
Website – chqbook.com
Business Purpose: Chqbook.com is creating India’s largest marketplace bank.
Chqbook.com offer’s massive choice, covers the joining fees for customers and provides delightful customer experience by taking care of the entire financial fulfillment process. Founders bring deep domain expertise in portfolio management, building highly scalable technology and running large operational teams across India and at brands like Amazon, Myntra, HDFC Bank, SCB, Citibank, and others.
Name of the company – Advantage Club
Website – advantageclub.in
Business Purpose: Employee and Customer Engagement, HR Tech.
Advantage Club is India’s largest platform for employee perks, rewards and recognition. They have partnered with more than 9000 brands, including the likes of Samsung, Lifestyle, PVR, Cafe Coffee Day, which provide exclusive perks and point redemption options to employees of more than 200 partner corporates like Concentrix, DXC, EY, Maruti and more. Organizations can utilize the platform for delighting their employees and premium customers, and brands can promote themselves among premium audiences through the app and web based portals. Started in 2014, the company is profitable today.
Name of the company – OckyPocky
Website – ockypocky.com
Business Purpose: To democratize English learning education of 160+ million vernacular Indian preschool kids.
80% of Grade 2 kids in India can’t read which consequently reflects on only 7% of India’s graduates being employable. OckyPocky app tackles this with high interactivity, instant feedback and real-time progress of the child with Voice, Video, and Vernacular. The platform is a personalized AI/NLP based English learning app building critical early year’s vocabulary foundation. OckyPocky’s mission of evangelizing early childhood English education to millions of little kids will help build a more employable India.
A stronger start will build a stronger future!
Name of the company – Jalongi Retail Private Limited
Website – jalongi.com
Business Purpose: Build the best Fish & Seafood company in Asia
Jalongi.com (2018) is a Gurgaon headquartered online category killer, delivering wide range of top quality fresh fish, cleaned and pan-ready : ready to cook and does not need wash.
Getting a range of quality fish in one place is difficult. Wet markets have a terrible experience. Fish cleaning and washing at home is an uncomfortable chore. Jalongi.com takes care of all the above plus saves time for time-starved Indian urban consumers. They have the Widest Range, Freshness Guarantee & Pan-Ready delivery.
Currently in Kolkata, Howrah and all of NCR Delhi, will soon be in other metros.
Name of the company- – Shanrohi Technologies private Limited
Website – rampwms.com
Business Purpose: “To be a Global leader in Automotive post sales Life-cycle management through an Integrated digital ecosystem”.
Shanrohi Technologies Private Limited is a company focused upon software development in the ERP space for Automobile aftermarket since its incorporation in Aug’2016. With the growth of aftermarket opportunities, the automotive industry has been observing major transformations in the manner it operates aligning itself to the evolution of cloud, analytics, big data, and mobility; thus, introducing a new set of solutions to address the business and operational gaps through technological means. These changes in business dynamics in the industry brings up a platform for the company to showcase ‘RAMP’ to address the needs of the business.
Currently, the focus areas of the company concentrate on providing products, solutions, and services to multi-brand car workshops, fleet owners, private vehicle owners, insurance companies and spares dealers & suppliers.
Name of the company – PTM Digital Connect Private Limited
Website – playtoome.com
Business Purpose: With its unique platform proposition, Playtoome intends to “Decentralize”, “Democratize” and “Dematerialize” –live performance, entertainment and engagement by enabling affordable, anytime and anywhere access for any audience through its unique virtual and interactive venue platform.
Playtoome is a content-driven, context-specific and culture-appropriate, technology enabled live performance, entertainment and an intelligent consumer engagement platform that will help create and nurture interest-based communities that can connect, communicate and collaborate.
It aspires to become the most preferred online platform globally for consumer seeking to experience live performance of any form or kind. This versatile platform is quite dynamic and extendible and will also help hone and promote new talent in the area of performing arts – music, dramatics, stand-up performance etc.
Name of the company- Shorebird Technologies Private Limited
Brand – Tripeur (brand by which we are known)
Website – tripeur.com
Business Purpose: To transform corporate travel from service orientation to technology orientation.
Tripeur is transforming the corporate travel space with its advanced technology and brings significant savings to the travel budget for corporates. These savings are made possible by the following:
• Real-time analytics that provide 360-degree view of all travel activities
• Granular control over policies, approval processes and provider deals
• AI/ML based Behavior Shaping to align travelers to corporate objectives
• Flexible booking engine that fulfils all travel requests instantaneously
All this – with ZERO adoption challenges by the users, thanks to the NLP-based Tripeur Travel Bot!
Usually, software systems try to optimize for the organization’s goals or for the user experience. In the case of Tripeur, the potent combination of intuitive, natural and personalized interface over email, coupled with complete control for the enterprise to optimize their travel expenses makes it a friend for the traveler and the CFO alike.
Name of the company- Ketofy (Wellversed Health)
Website – ketofy.in
Business Purpose: To enable people to live happier and healthier lives.
Ketofy is a complete pantry of healthy ultra low carb food products that help to fix the root causes of the modern lifestyle health conditions like weight issues, obesity, sugar regulation, pre-diabetes & diabetes, insulin resistance, thyroid and metabolic syndrome.
Ketofy is the largest low carb, low glycemic food product brand in India to an extent that the word Ketofy has become synonymous with a healthy how carb diet. It’s ideal for people who want to be healthy from inside and fit from outside.
The Ketofy Approach does not require people to change their existing dietary patterns and desires in order to conform to the low carb regime. The complete product offering allows people to keep eating what they enjoy the most and still reap numerous health benefits of a natural low carb paradigm.
All Ketofy Products are crafted using specialised proprietary processes without the use of any refined sugar or harmful ingredients like gluten (wheat protein), sucralose, maltitol, or any other kind of additives/preservatives.
Name of the company- Blowhorn
Website – blowhorn.com
Business Purpose: Building Earth’s best intra city Logistics company
India’s leading full-stack, asset light Intra City logistics company. Moving goods from 1g to 1T.
Name of the company- eBikeGo
Website – ebikego.in
Business Purpose: To change the way people are commuting and to make it economical and eco friendly.
eBikeGo, a two wheeler mobility platform working actively with major delivery companies to convert their two wheelers to electric by providing the end to end solution. We are now active in 6 cities in India and now expanding to 4 more cities. We are now working with major companies like zomato, Delhivery, myntra and many other companies.
Name of the company- Niki
Website – niki.ai
Business Purpose: Empowering the next billion users to access services online.
Niki is on a mission to turn India’s 500 million new Internet users into transacting consumers. Niki has built Internet commerce in the style that’s most natural to these users: their local agent, whereby a user can replicate talking to a neighborhood human agent in their own language to access hundreds of services. Niki’s proprietary deep technology mirrors and enhances the offline experience leveraging machine learning and Natural Language Processing.
Name of the company- Kudos Finance and Investments Private Limited
Website – www.kudosfinance.com
Business Purpose: To democratize affordable credit access through technology by being the number 1 lending partner of fintech platforms.
Kudos is a technology-driven NBFC which has been able to establish itself as a ‘Lending platform to platforms’. We are an agile NBFC, building long term B2B2C partnerships with leading fintech, consumer finance and gig economy aggregators. We have a robust technology stack, expertise in underwriting and nimble execution capabilities enabling seamless digital lending along with our partners.
Name of the company- Redroom Technology Pvt Ltd
Website – www.sanfe.in
Business Purpose: We have built our company with the motive to empower women by providing personal care products. Our purpose is to provide innovative and affordable solutions to all personal care needs of women. With global expansion taking place, our focus is to lead the race among FMCG companies in feminine hygiene space.
Sanfe was founded by two undergraduates of IIT Delhi – Archit Agarwal and Harry Sehrawat and was established in May 2018 as a private limited company when the research and development for feminine hygiene solution started. IIT Delhi was officially signed as the R&D partner. Sanfe’s first product, Stand and Pee was launched in November 2019 on ‘The World Toilet Day’. Since then, the company has continuously launched a series of feminine hygiene solutions like FemCramp Relief Roll On, Banana Fibre Reusable Pads, Menstrual Cup, Intimate Wash and so on.
Name of the company- Plop Stories
Website – www.plopnow.com
Business Purpose: To reinvent entertainment for the digitally conscious – Gen Y & Gen Z
Plop a global interactive fiction entertainment platform to entertain & educate Gen Y, GenZ in a language they understand – immersive, interactive bite-sized fiction.
Plop is a mobile-first company that creates immersive, interactive fiction in a unique, new fast-paced format for the ones born in the third millennium. The format takes the written word and infuses multiple multimedia elements like video, audio and role-playing mobile-based simulations to bring a very real, life-like experience to a smart-phone obsessed generation.
Name of the company- Expertrons Technologies Pvt. Ltd.
Website – expertrons.com
Business Purpose: Expertrons has been established with the aim of providing a unique career building platform to 1.87 billion professionals across the globe and 30 million college students across India. The platform is equipped with a powerful videobot technology to improvise professional lives.
Due to the lack of a professional platform for personalized career guidance, most professionals and college students are struggling to set their career on the right track. To cater to this demand, Expertrons has emerged as a first-of-its-kind platform, incorporating videobot technology for personalized career guidance. Armed with an AI-based recommendation engine, it matches aspirants’ profile with specific experts who have tracked a similar career trajectory. The experts from mighty multinational companies, top B-schools, and universities across the globe share their personal interview experiences and working environment for professional success.
Aspirants learn from the interview experiences of experts and can book consultation calls with them for one-on-one sessions to get career advice, resume review or mock interview practice along with an opportunity of referral placement. The professionals become a part of an elite panel of career experts helping aspirants and earn money through consultations along with referral bonuses.
Name of the company- Truly Madly
Website – trulymadly.com
Business Purpose: Find your forever
TrulyMadly helps in easing the journey to find a compatible life partner by curating a community of trustworthy singles with similar intention of finding something serious and equipping them with relevant tools to find a compatible life partner. TrulyMadly wants to become the go-to platform for millennials to find a compatible life partner for themselves by themselves.TM’s Compatibility assessment tool is developed in collaboration with some of India’s best psychologists, psychometricians and family therapists and assesses compatibility on the following 6 dimensions :Family Values, Intention, Trust, Intimacy, Personal Identity & Choices.
Name of the company- Language Curry
Website – languagecurry.com
Business Purpose: Making language and culture accessible, immersive and relevant.
Language Curry mobile app was launched in 2019. Language Curry equips users with conversational skills in Indian vernacular languages and is the only app that combines language and culture on one platform. Language Curry’s users love the bite sized capsules that provide an insight into people and their culture. The most interesting stories at Language Curry are those of bringing people closer. South Indians are learning Hindi in a big way and North Indians are learning Kannada. The platform currently has five languages (Sanskrit, Hindi, Punjabi, Gujarati & Kannada) and plans to add more languages in a phased manner. Other verticals at Language Curry are translations and Live sessions.
Name of the company- Catchup Technologies Private Limited
Website – Stage.in
Business Purpose: To build a Premium and Sensible content company for Bharat.
STAGE is a dialect based, hyperlocal short-form (~10mins) entertainment platform (OTT) for the next billion users (Bharat) in art forms such as Comedy, Folk, Poetry & Storytelling. STAGE’s primary audience belongs to Bharat. The company defines Bharat as everyone in India using the internet minus the top 10% users which implies an addressable market of ~450 million consumers. The company is also looking to tap into existing behaviours of ‘tipping’ in Bharat around artist-led entertainment. Micro-payments / virtual currency enabled tipping will be a new form of revenue stream for any OTT in the world. In future, the same will evolve into a marketplace where users can book an artist for a virtual private performance on the platform itself for a small fee.
Name of the company- Stack Finance (Invacia Labs Private Limited)
Website – stackfinance.co
Business Purpose: To make financial planning accessible and affordable for India’s 440 million millennials.
Stack solves the biggest problem of a millennial- managing money. Stack is India’s first Neo-Banking platform for 440Mn millennials to enable healthier financial lifestyle by automating investments, expenses and borrowing under a single platform along with friends and family, with an AI powered intelligent and personalized manager in the pocket. Stack enables to save, meet bills, end the overspending cycle and develop financial IQ, right at your fingertips.
Supported by leading VC funds and angel investors from India and US, and awarded by NASSCOM and HKSTP, Stack is leading the data aggregation and automation revolution in India with the most advanced technology and stellar partners, to democratize and humanize financial services for all.
Name of the company- Financepeer
Website – financepeer.com
Business Purpose: Profit-impact solution company focussed to make quality education available to all.
Financepeer is a Google Launchpad incubated, Forbes acclaimed company that helps ease school fee financing with a major focus in K-12 education. Founded in 2017 by IIT, IIM entrepreneurs, Rohit Gajbhiye, Sunit Gajbhiye, Naveesh Reddy and Debi Prasad Baral, Financepeer provides education fee loans at zero percent interest rates and the applicant gets insurance protection for child’s lifetime education fees in case of any adverse incident. It pays the entire year’s fee upfront to the Institute enabling them to manage their funds efficiently and collect fees from parents in 3 to 12 monthly installments at Zero interest & Zero cost focussed to make quality education available to all. Education fintech company Financepeer focuses not only on financing education fees but also providing other education technologies.
Name of the company- Prescinto Technologies Pvt. Ltd.
Website – prescinto.com
Prescinto is a Clean Energy SaaS platform operating in the Digitisation of Clean Energy Space a – $7bn annual Market. Prescinto costs 0.1% of annual revenue and increases generation of Solar Power Plants by as much as 7%. Prescinto’s AI-powered SaaS platform collects plant data, applies data science models to identify causes for underperformance and suggests work orders to plant crew to increase generation.
Prescinto is already used in 14 countries by 5,000+ MW (~10% of Indian capacity) of Solar Plants and processes 450 mn data points a day.
Name of the company- TEAMONK GLOBAL INVESTMENTS PVT. LTD.
Website – teamonk.com
Business Purpose: Create a Global Tea Brand targeting affluent consumers with our proposition of ‘looking good and feeling good’ by offering a range of the finest “natural” hand picked teas, fresh from the best high grown tea plantations.
Teamonk was founded in 2016 by group of professionals with rich experience in Unilever Tea business. Within a short span of 3 years from launch, we have been able to build a successful business model with excellent customer feedback, superior repeat purchase rates and a strong brand identity. We believe that the values and imagery associated with our brand helps in building a strong emotional connect with customers. With e-commerce as our primary distribution model, we are delivering to customers in India and over 20 international markets including US, Europe, Middle East and Japan.
Name of the company- Mauna AI Private Limited
Website – mauna.ai/
Business Purpose: Mauna was built because the founders believe that there is an unfulfilled need for the underlying infrastructure to enable human-like conversant interactions with Machine User Interfaces. Thus, our goal is to build a comprehensive platform that brings together the most cutting-edge solutions to problems in the natural language and speech domains to developers in a simple unified framework.
Mauna is a platform independent API that lets anybody build Siri-like apps for their business/domain. Unlike the status quo which introduces esoteric paradigms of programming, Mauna allows the developer to build using familiar mental models inspired by the Web Platform. With Mauna you can create Natural Sounding, Intelligent and Adaptive Conversational Agents without having to know concepts from advanced fields such as Deep Learning, Natural Language Understanding (NLU), or Computational Linguistics. Mauna takes care of all of that.
Name of the company- The New Shop (Accelerate Productx Ventures Pvt. Ltd.)
Website – thenewshop.in
Mani Dev Gyawali
Business Purpose: The New Shop is a chain of 24*7 convenience retail stores with omni-channel presence to serve all your convenience needs products – snacks and beverages, personal care, pet care, hygiene needs, ready to eat food, and grocery staples.
Founded in March 2019, The New Shop is a fast growing chain of technology and data driven 24*7 hours open convenience retail stores at high traffic locations such as Transit points (railway stations, bus stations, petrol pumps, highways, tourist spots, metros and airports), neighborhoods, office complexes, and educational institutions that also double up as online stores for selling need and intent focused products targeted to the customer profile. With known customer profile for each store, our data driven product selection maximizes sales through both offline & online channels. We are a retail technology company, building an asset light version of Seven Eleven for India on an end-to-end retail automation. TNS is democratizing retail and promote Make in India, Startup India and MSME India, working closely with the Indian Government to make these products available across all our touch points. Our vision is to own and operate 10,000 retail stores in the next 7 years, thereby increasing modern retail penetration which currently stands at a 9% in India. TNS is disrupting the unorganised $1.3T Indian retail opportunity with a vision to become India’s largest retail chain on a model which is highly scalable and profitable from the get go. The New Shop is the first Indian startup to be backed by a Shark – Kevin Harrington.
The list does not include investment in a transportation solutions company in stealth mode.