Here is a listing of startups who were present at , a startup event that was held at IIT Delhi last week. We also bring you a quick reaction of Rahul Khanna, Director, Clearstone Venture Partners, who was present at the event. (Disclaimer: Khanna’s opinion is not based on any detailed evaluation of the business plan but just his quick reaction to the 5-minute presentation made by the companies). Read on.
Company - Muziboo
Product - Muziboo
Incorporated Year - 2007
Founder/CEO - Prateek Dayal
What They Do - Muziboo is a website offering feedback to amateurs and professional musicians. You can upload your music (MP3 files) and get comments from peers. You can also find band members and seek help from other members at Muziboo.
Rahul Khanna’s Take – “Seems like too much of a niche play for the Indian market.â€
Company - Datatbyte Equipment Private Limited
Product - Lipikaar (www.lipikaar.com)
Incorporated Year - 1981
Founders - Santosh Dawara and Anjali Gupta
What They Do - Indic language expression for online and desktop users. The patented product allows a simplified typing method for both monolingual and bilingual users. Number of dialects suported are 2,000.
Rahul Khanna’s Take – “Interesting technology, but needs a compelling application to drive adoption.â€
Company - Lifeblob
Product - Lifeblob (www.lifeblob.com)
Incorporated Year - 2007
Founder/CEO - Pranav Bhasin
What They Do - Provides you way to organize your life. Its a blogging, picture and video sharing engine where all your posts are arranged as a timeline
Rahul Khanna’s Take – “Compelling service that introduces a new dimension to navigating shared experiencesâ€
Company - Ferox Foods Pvt. Ltd
Product - Makhana Flakes and Popcorns
Incorporated Year - 2008
Founder/CEO - Bhism Narayan Singh
What They Do - A food processing company plans to launch Makhana flakes and popcorns as a quality breakfast cereal in the next six months.
Rahul Khanna’s Take – “Significant challenge to drive consumer adoption without support from a major FMCG company.â€
Company - AKVENTURE Info Pvt. Ltd
Product - Lootstreet (www.lootstreet.com )
Incorporated Year - 2008
Founder/CEO - Kaushik Mukherjee, Arun Balakrishnan
What They Do - An online e-commerce company founded by IIMA grads, LootStreet offers a virtual marketplace for buyers and sellers to come together.
Rahul Khanna’s Take – “Not sure if this scales given that the service is based on real time interaction between merchants and prospects.â€
Company - Storrz.com- JustOnDemand Technologies
Product - Storrz ( www.storzz.com)
Incorporated Year - 2007
Founder/CEO - Chandan Maruthi
What They Do - An online retailing store that enables payment through credit card. The point being addressed by the startup is a place for merchants to quickly reach customers
Rahul Khanna’s Take – “Interesting aggregation model for small/emerging brands with no inventory risk for the platform.â€
Company - Tiriyo Technologies Consultancy Pvt. Ltd.
Product - Recruiter Pilot (
Incorporated Year - 2006
Founder/CEO - Dinesh Neralla
What They Do - Human resources management company which has launched its product to help in candidate sourcing, resume extraction and resume searching
Rahul Khanna’s Take – “Compelling product, but revenue model and scaling are unclear.â€
Company - The Hiring Tool
Product - Hiring Tool (www.thehiringtool.com)
Incorporated Year - 2008
Founder/CEO - Nupur Panjabi
What They Do - A yet to be launched product targeted at connecting employers directly with recruitment agencies, placement consultants etc for their hiring needs
Rahul Khanna’s Take – “B to B play in the recruiting space, but lacked some core differentiation.â€
Company - NextBit Computing Pvt. Ltd.
Product - gCOSign (www.gcosign.com)
Incorporated Year - 2006
Founder/CEO - Vishal Borker
What They Do - An intelligence driven out of home media company targeted at high end retailers and shopping malls. They have a centrally controlled server which enables them to control hardware and thus save costs.
Rahul Khanna’s Take - “Too much of a niche play. Product assumes an always-on broadband connection at display site which is often not the case.â€
Company - Four Faction
Product - Apnabill (www.apnabill.com)
Incorporated Year - 2007
Founder/CEO - S.K. Jain
What They Do - An online utility bill payment and prepaid mobile recharge platform. The company has tied up with several mobile aggregators.
Rahul Khanna’s Take – “No clear revenue model.â€
Company - Eko India Financial Services Pvt Ltd
Product - SimpliBank (www.eko.co.in)
Incorporated Year - 2007
Founder/CEO - Abhishek Sinha
What They Do - A microfinance company which uses mobiles for banking solution. The co has a partnership with Centurion Bank of Punjab and targets low income people
Rahul Khanna’s Take – “Solves a real problem of financial inclusion. Scaling and regulatory challenges need to be addressed.â€
Company - Blink Media Pvt Ltd
Product - Intelligent Shopping Cart (www.blinkmagic.com)
Incorporated Year - 2007
Founder/CEO - Devang Raiyani, Hemang Shah, Sawan Rupar
What They Do - Interactive shopping cart accessory for retail outlets which advertises seconds before purchase
Rahul Khanna’s Take – “Fantastic demo. Need to understand underlying capabilities of platform to judge scalability of product.â€
Company - Picporta
Product - Picporta
Incorporated Year - 2006
Founder/CEO - Pulkit Gaur
What They Do - Image search site based on content which lets you upload pictures, edit images and batch processing.
Rahul Khanna’s Take – “Nice demo, but not sure how its different from some other players in the US like Riya.â€
Company - MindHive Labs Solutions Pvt. Ltd.
Product - LordsOfOdds (www.lordsofodds.com)
Incorporated Year - 2007
Founder/CEO - Hariharan Krishnamoorthy
What They Do - It is a virtual betting and fantasy gaming portal. The portal organises betting on various things such as politics sports etc
Rahul Khanna’s Take – “Exciting service. May be a bit complicated for the casual gamer.â€
Company - Crederity Inc
Product - Crederity Card, Crederity Trust (www.crederity.com)
Incorporated Year - 2006
Founder/CEO - Rakesh Antala
What They Do - provides certification against ID and resume fraud. The company has developed proprietary fact verification technologies enabling people to verify identity and credentials including background, education, and employment history.
(Rahul Khanna misssed this presentation)
Company - Soliton Technologies
Product - Spot-It
Incorporated Year - 2004
Founder/CEO - Dr. Ganesh Devaraj
What They Do - High cost and difficulty usability of existing vision systems. The company makes hi-tech cameras that are used by clients such as GE, IBM, Ford among others.
(Rahul Khanna missed this presentation)