As part of our Indian Startup Hubs Series in past few months we have mentioned approximately the startup ecosystems in Mumbai, Pune and Bangalore, Delhi & Hyderabad. In this newsletter, we will be overlaying approximately the developing startup environment in Gujarat.
In this text, we are able to be speakme about a number of the top notch startups from Gujarat, accelerators, incubators, human beings, and companies which might be boosting the startup environment inside the state.
The Startups
wWherewWhere
Founder(s): Ritam Bhatnagar
Founded in: 2014
Funding: $159K in Seed funding from Ashim Mehra, Anunay Gupta and other angel traders across US, India and Singapore.
Entrepreneurship includes meeting and socializing with professionals from all walks of existence which includes consumer meets, investor meets and networking activities. WWhere, a vicinity sharing internet app is en-direction to absolutely eradicate postal addresses. Individual, expert and occasion pages may be created to let your co-employees, clients and event attendees realize your precise place. Indeed a precise manner to find out the nearest cafe, restaurant, bank or co-operating area.
Jolly food fellowJolly Food Fellow
Founder(s): Rajiv Sharma and Niraj Harlalka
Founded in: 2015
Funding: Raised approximately $300K (INR 2 Cr.) led by using Suvas Barot, the Managing Director of Creative Infocity Ltd., who invested within the mission thru their incubation setup The 1947.
The startup desires to bridge the distance between meals vendors and customers. It lets vendors apprehend their clients well by way of imparting them whole details which include – who's coming, what they consume and how generally they visit.
Founder(s): Ruchit Patel and Amit Panchal
Founded in: 2011
Funding: Bootstrapped
All Events in City (allevents.In) is an occasion discovery and promotional platform with an aim to simplify the manner humans discover activities happening of their cities. All Events acts like a bridge between event data seekers and event organizers by means of imparting a right platform with its presence on net, iOS and Android cellular app. It has extra than 22 Mn events from 20,000 cities of the world.
Founder(s): Aditi Gupta and Tuhin Paul
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Founded in: 2012
Funding: Crowdfunded
Menstrupedia is a inventive guide approximately menstruation, which allows women and women to live healthy and energetic throughout their menstruation. The startup objectives at turning in informative and entertaining content through distinctive media. It is a small however definitive step to shatter the myths and misunderstandings round mensuration.
Space-O Technologies
Founder(s): Rakesh Patel, Atit Purani and Eugene Erin.
Founded in: 2010
Funding: N/A
Space-O Technologies is an answer for all cellular apps development. From concept to improvement and advertising to ongoing protection, Space-O delivers, no matter how diverse or complex it's miles. The project is a custom software program solutions in multiple systems along with cellular, web and computing device.
Founder(s): Arastu Zakia, Aarti Nair and Jatin Leuva
Founded in: 2014
Funding: 3 undisclosed investment rounds; latest Series A VC round
CollegeBol is a Social College choice platform. Leveraging the energy of scholar-sourced content material and advanced records sciences, the startup affords a wealth of excessive pleasant statistics about schools in India to make the procedure of university choice a breeze. It caters to India’s 45,000 faculties and 30 Mn students who're enrolled in better training.
MoveoMoveo Apps
Founder(s): Manish Dudharejia, Hiral Atha and Pratik Dholakiya
Founded in: 2014
Funding: Bootstrapped
Moveo Apps is an agile mobile app layout and improvement studio for lean companies with a focus on generating sales and logo loyalty thru person engagement. Moveo seeks to convert India’s picture from a lower back-stop for bulk app development and cheap maintenance to the move-to supply of top class cellular apps with human-targeted design and modern functionality.
Angel Investors
Sunil Parekh, an IIT-D alumnus & founder of Gujarat Angels is currently Strategic Advisor to prominent Industrial groups Zydus Cadila Group & Jubilant, Monitor Consulting (Michael Porter’s consulting arm), NDBI, CIIE, Lead Angels since their inception. He could be very lively in new technology commercial enterprise incubators at CIIE at IIMA, at NID, and GIAN at IIMA. He is likewise part of the ‘Power of Ideas’; a national initiative of ET. Along with that, he is on boards of numerous instructional, studies and educational institutions such as GIDR, FTM at CEPT University, Calorx IBS initiative, St Kabirs. He is also a member of the Advisory Board of Vibrant Gujarat 2011, Charter Member of TiE, Board member in AMA, CERC, FICCI, Assocham. Sunil, quoted as “Father of startup ecosystem of Gujarat” could be very lots active in helping and guiding startups. He is an investor and mentor to numerous startups within the nation.
Chirag Patel is the founder and CEO of Net4Nuts and is a veteran of the IT enterprise with over 20 years of experience operating with Information Systems, internet and mobile technology. Prior to Net4Nuts, Chirag headed the safe to eat-oils division of his circle of relatives business for 5 years, previous to which he worked in the US for an IBM Business Partner, designing, deploying and assisting IT answers for massive US companies. He pursued his MBA diploma at Loyola University, Chicago and graduated with honours, that specialize in Finance and International Business. He is a founding constitution member of TiE Ahmedabad, and is on the advisory board of more than one incubators and is a ordinary visitor speaker at IIM-A, Nirma and other business faculties.
Pavan Bakeri serves as Director at Bakeri Engineering & Infrastructure Limited. He has been associated with Ahmedabad University and actively invests in startups throughout the city thru Ahmedabad Angel Network.
Rohit is an IT transformation chief at Adani Enterprises Ltd. Besides, he has labored on different roles the world over in dealing with enterprise experts and providing leadership for huge, hyper-increase corporations in developing markets. His enjoy in consulting and main IT feature has given him an possibility to broaden T-formed leadership skills with each intensity and breadth of roles to manage humans, techniques, tasks, era, relationships and governance. Prior to this he has worked with agencies inclusive of MASAN Group, IBM and Wipro Consulting. Currently, Rohit is mentoring generation ecommerce products and actively assisting the marketers build a scalable era and sturdy business model. He has a PGDBA, Business Administration and Management, General from K J Somaiya Institute of Management Studies and Research and BA (H) Economics from Delhi University.
Rajiv is the CEO of Sterling Addlife India Limited. In his 18 years of profession span he has performed numerous roles starting from sales & marketing to consulting and M&A. He has a various work enjoy in industries along with oil & fuel, patron durables and in healthcare in Indian and international markets. Rajiv is a member of healthcare committee of FICCI, Gujarat. He is a B.E.(Mechanical) with honours from PEC Chandigarh and a postgraduate in management from IIM, Ahmedabad.
Kunal conceptualized and leads INFUSE. He brings in numerous years of incubation, investment, entrepreneurial and consulting experience. Since 2007, he has been leading IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship where he set-up the incubator and a seed fund. Kunal co-based Sarvajal, a cleantech corporation targeting the ingesting water quarter, a campus social community and a recruitment startup. He is an MBA from IIM Ahmedabad, B.Tech from IIT Madras and has strategic and operational consulting revel in throughout Citigroup and American Express.
Madhu Kumar Mehta is a technocrat-became-train for pursuit of subsequent technology entrepreneurship. He has based three organizations those consist of a consulting company to layout virtual electronics based totally products (significantly calculators), Digital Innovations, which designed and marketed computers for diverse applications and his 1/3 task became Anjaleem. He has mentored many startups and is likewise worried with many industry, non-profits and college bodies to sell technology and entrepreneurship.
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K Thyagrajan has an enjoy of over 30 years traversing throughout severa fields which includes engineering, control consulting, mentoring and propagating subsequent-generation entrepreneurship and educational teaching in various areas of generation, enterprise control and entrepreneurship. He is likewise a part of advisory for policy making. He is presently mentoring startups and aspiring marketers in the regions of Bio-clinical diagnostics, edutainment, virtual records control, ERP & CRM, unique system layout and manufacturing, electricity conservation merchandise, environmental conservation, and apps development. He had played an energetic role in putting in technology commercial enterprise incubator – NirmaLabs. Thyagrajan is a Mechanical Engineer, with a PGD in business and commercial control.
Neeraj SonalkarNeeraj Sonalkar
Neeraj Sonalkar is a research companion at the Center for Design Research at Stanford University, and additionally a co-director of VentureStudio (Ahmedabad). He holds a PhD in engineering layout from Stanford University. Drawing on behavioral metrics and providing real-time feedback, Neeraj targets to apprehend and alter the dynamic method of innovation.
Paresh VoraParesh Vora
Paresh is presently head of operations at VentureStudio & head exceptional warranty, Ahmedabad University at Ahmedabad University. He has over 25 years of experience in diverse sectors that consist of IT, telecom, software and engineering. Previously, he has worked with companies like Dover Solutions India, Dover Corporation, Sasken, Epson, Wipro, and Bridgeline. He is a IIT, Bombay alumi.
Jatin ChaudharyJatin Chaudhary
Jatin is the co-founder & salesman at eChai Ventures, co-founding father of Sweetly & Point10. Prior to eChai, he has labored in organizations like Redington India Ltd, Advaiya Solutions Pvt. Ltd. And Shubh Collection Inc. Jatin has a diverse expert experience in New Business development, market research, worldwide income, IT answers sales, strategic consulting, community building, rural improvement and education reforms projects. He holds a Bachelors diploma in Information Technology from Nirma Institute of Technology. Jatin has been actively involved in the Gujarat startup ecosystem and may be very a lot beneficial to startups and younger marketers.
Accelerators and Incubators
CIIECIIE
IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE) is an incubator and entrepreneurship advertising centre, which is about-up in collaboration with the Government of India’s Department of Science and Technology and the Gujarat Government. CIIE works closely with buyers, entrepreneurs, innovators and provider companies to foster entrepreneurship. As of now, the incubation middle has prompted extra than four hundred,000 humans about entrepreneurship, helped 30,000+ crystallise ideas, mentored 4000+ marketers, supported 200+ marketers and has invested in nearly 80 companies. Few of their investee companies consist of Ajji, Alma, Connect, Aspiration Energy, Atelier, Awaaz De, Azoi, Barrix, Baruni and Biosense.
MICA – IncubatorMICA
Set up by way of MICA-EDC, MICA Incubator (Communication Technology Based Business Incubator) is an incubation centre particularly for the strategic advertising and communique zone to commercialise and nurture ideas and improvements. It helps ventures conceptualise, broaden and manufacture innovative techniques, codecs, mediums of communique for achieving out to individuals or masses. It provides them training, mentoring, intellectual assist offerings and the needful infrastructure.
ESpark Viridian Accelerator
Entrepreneurial Spark – Powered by using Viridian is a joint assignment among Viridian Group & Entrepreneurial Spark and changed into released currently within the country. It is focused on growing entrepreneurs with a GoDo attitude to create cost and cause them to investable. It provides a platform for aspiring and early stage entrepreneurs thru a world magnificence enterprise accelerator program presenting an entrepreneurship assist device and opportunities to develop. With mentors, ambassadors and supporters, workshops, pitch practice and a full time ‘entrepreneurial enabler’ the focal point is on the man or woman.
NBDI (NID Incubator)
NDBI is part of a dedication of NID, that ambitions to sell layout focused entrepreneurship. NDBI no longer only helps designers to show their thoughts and ideas into successful competitive businesses but also offers an surroundings where they can develop the vital enterprise management abilities and systems that enable them to grow. NBDI essentially wants to create a brand new magnificence of marketers, the Designpreneurs.
ICreateicreate'
International Centre of Entrepreneurship and Technology (icreate) is an autonomous organization that identifies, nurtures, and mentors aspiring individuals/teams (with or without ideas) to pursue their entrepreneurial desires. Its an initiative of Gujarat Foundation of Entrepreneurial Excellence (GFEE) and a joint mission of Gujarat Mineral Development Corporation Limited (GMDC) and Gujarat Entrepreneurship and Venture Promotion Foundation (GEVPF). It conducts various seminars, reach-out programs, networking events and extra for both college students and aspiring entrepreneurs. The grooming and incubation application is conducted in a batch of 25 with a length of thirteen weeks.
VentureStudio ambitions to nucleate an surroundings of innovation that quickens regional financial development and create a countrywide and international effect. It believes that practising layout-led processes to enterprise advent will foster an surroundings of innovation. VentureStudio also gives a product and enterprise introduction possibility via a full-time six-month fellowship software for marketers, engineers, innovators and architects to analyze and practice designing their very own organizations. Fellows will paintings in teams to perceive important market desires, generate and prototype novel solutions and expand business fashions to release scalable agencies to satisfy such desires.
Incube VenturesIncube Ventures
Incube Ventures is a non-public company dedicated to evolve into an group, nurturing innovative ideas and incubating them through their initial increase segment, manual and mentorship. With this, they aim to trigger innovation in marketers to construct more hobby. Incube Ventures has backed India’s First Social Venture Fund registered with SEBI as Category I Alternate Investment Fund for investing into socially oriented agencies, SME innovations and era primarily based corporations.
Indian Institute of Technology Gandhinagar (IITGN) locations vast emphasis on innovation, entrepreneurship and community engagement. Its undergraduate application consists of progressive elements, which include an emphasis at the liberal arts, project orientated mastering, obligatory guides in layout and the lifestyles sciences, diversity and globalization. The students get a hazard to reveal themselves to the importance of network engagement in its 5-week basis application. The Institute organizes several hands-on design competitions and carries numerous initiatives within its curriculum to cultivate innovation and entrepreneurship talents among college students. IIT-Gandhinagar incubation middle is currently incubating corporations began by way of its alumni and is open to incubate corporations from outside.
The DA-IICT Centre for Entrepreneurship and Incubation (DCEI) pursuits to inspire college students with an entrepreneurial bent of thoughts to give you revolutionary ideas and channelise their efforts to provide births to new ventures based on ICT products.
The Centre for Entrepreneurship Development (CED)-A Government of Gujarat Organization is the first of this kind inside the us of a, mounted in 1979, engaged in selling talents and entrepreneurship throughout the country of Gujarat. In order to strike a deep and durable impact at the nation economic system, CED has constantly been on an innovation spree, consistently popping out with resourceful applications geared toward designated target corporations.
There are possibilities that Startup Village can be launching in Gujarat quickly.
Investment Firms
Gujarat Angels is a not-for-profit corporation dedicated to assisting early-level, excessive-increase ability business ideas and entrepreneurs in Gujarat. They are a group of inspired, a hit marketers who need to add value to early degree ideas with the aid of catalyzing your growth through mentoring, nurturing, investment and networking. Grabbing onto the opportunities generated, the Gujarat Angel Funds Network is actively in search of to put money into exquisite startup groups. In addition to cash, GAFN brings connections, market knowledge, mentoring and operational excellence to early-stage entrepreneurs with disruptive technologies.
GVFL is an independent, self sufficient board managed venture finance employer that goals at providing information and expertise to guide specialists who're inspired with entrepreneurial enthusiasm and a imaginative and prescient to build a success agencies. They want to increase subsequent generation business leaders who build sustainable groups, supply higher outcomes and in manner share the rewards. Currently, it's far making investments in growth stage era area and infrastructure quarter, primarily regarding clean era, renewable energy and urban infrastructure across India. Few of its portfolio business enterprise consists of, Alfa Corpuscles Pvt. Ltd, Hubtown Limited, iNurture Education Solutions Ltd., Pegasus Semiconductor Limited and e- Infochips.
Lead AngelsLead Angels
Lead Angels Network is a platform for angel investing and helping early stage organizations in Ahmedabad, Mumbai, New Delhi, and Hyderabad. Their aim is to assist funding into early degree ideas and companies founded via students and alumni of premiere institutions. Lead Angels connects promising startups to skilled individuals who wish to make investments money and time for growing entrepreneurship. The investment technique also enables groups to get comments on their enterprise models and future plans. Post investment, members no longer best mentor corporations however additionally connect them to capacity customers, partners and buyers.
Coworking Spaces
Ideapad, CIIECIIE
IdeaPad is a co-working area placed within premises of IIM-Ahmedabad that brings together innovative groups and enablers of startups in Ahmedabad to collaborate and innovate.
Working CompanyWorking Company
Working Company is a co-working community who believes not like enterprise facilities, co-running spaces also are designed to encourage a strong sense of community. The co-operating additionally hosts events; outside of business hours.
Regus is the world’s largest company of flexible workspace, capable of meet the needs of massive corporates and small organizations alike. The agency now has 3,000 commercial enterprise centres in 900 towns globally. Regus has observed a “right place, proper time” strategy, deciding on buildings in prime locations in metropolis centres, critical commercial enterprise districts or business parks with correct delivery hyperlinks. Recently, they have additionally moved into residential areas toward in which human beings stay. Their products and services include, workplaces, virtual places of work, meeting centers, video conferencing, business lounges, buisnessworld, aid offerings and greater.
TiE AhmedabadTiE
The Indus Entrepreneurs’ (TiE) challenge is to foster entrepreneurship globally thru mentoring, networking, and education. Currently, there are 13,000 members, including over 2,500 charter participants in 61 chapters across 18 countries. TiE additionally has energetic presence in Ahmedabad, Gujarat. It conducts workshops, seminars, discussions often inside the town.
eChai is an offline-on line social community of entrepreneurs, it allows fellow entrepreneurs hook up with every other with offline events and online co.Upward thrust social community. It’s a platform to share insights, have discussions, collaborate with fellow marketers and help every other to develop and achieve their ventures. Every month marketers, professionals, college students and mentors from numerous backgrounds come collectively in one-of-a-kind 25 cities to share, connect, collaborate and get the eChai enjoy. Jatin Chaudhary, who founded eChai has recently announced formation of CoRise, underneath which one hundred marketers pledged to contribute INR 1000 every month and additional commercial enterprise resources for startup kit. As of now it's miles giving #CoRise Seed Prize to one promising startup every month.
Headstart Network is a no longer for earnings business enterprise and is the primary of its type initiative to sell and shape an Indian atmosphere of entrepreneurs, startups, researchers, early adopters and traders. It helps entrepreneurial mastering, hiring, advertising insights and peer mentoring amongst the startups and additionally addresses their problems thru tasks inclusive of Headstart Startup Saturdays, Headstart Higher, Headstart Cofounder Search Program, Headstart Hackerspace and Headstart Club. The community additionally has presence in Gujarat.
Startup WeekendStartup Weekend
Startup Weekend is a non-profit and a global community of passionate leaders and entrepreneurs on a undertaking to encourage, teach, and empower individuals, groups and groups. One can share thoughts, shape groups, and release startups. On common, half of of Startup Weekend’s attendees have technical or design backgrounds, the other 1/2 have business backgrounds. There is an severe fifty four hour event which makes a speciality of constructing a web or cell utility which could shape the basis of a credible business over the direction of a weekend. The weekend brings collectively humans with distinct skillsets – ordinarily software program builders, photographs designers and commercial enterprise humans construct packages and increase a industrial case round them.
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The Entrepreneurship Development Institute of India (EDI), is an self sustaining frame and now not-for-profit organization. It is an stated country wide aid business enterprise that's engaged in entrepreneurship training, studies, education and group constructing. The PGDM–BE -12 months, complete-time, residential programme at EDI has been designed in particular for marketers and entrepreneurial managers to encourage important and lateral thinking, nurture their goals, and permit new ventures thru an academically rigorous, at once applicable and fairly realistic gaining knowledge of experience.
Gujarat Government’s New Startup Policy
Gujarat has lately were given a new startup coverage. This year, the kingdom government introduced special policies for startup, making Gujarat the second Indian country (after Andhra Pradesh) to achieve this.
The coverage includes three pillars to its structure:
Innovator: The one who gets the incentives for his/her thoughts and challenge.
Institutions: Which consists of all of the incubators, accelerators, Universities, R&D institutions and many others. Who mentors the start-u.S.Inside the initial phase.
Government Committee: It approves and price range the initiatives.
Benefits promised:
10,000 consistent with month can be provided to the innovator for a 12 months.
Upto INR five lakhs could be provided to the establishments for the help provider.
And up to INR 10 lakhs will be furnished for value of uncooked fabric/additives required for the progressive system improvement.
VAT blessings can also be furnished to the startups.
The State Finance Minister, Saurabh Patel but, ordinary that the State’s startup coverage focuses more on the manufacturing startups and needs to be modified for the benefaction of whole startup community.
Don’t fear if we neglected out anyone, we are able to hold on updating the listing.
