While the world is still reeling from the results of the presidential election in the US, and most people in India are wondering what to do with the Rs 500 and Rs 1,000 notes that they have, the India–UK Tech Summit concludes on a high.
Over the past couple of months, startups from all over the country made their pitches at variety of locations, with the 10 best startups going on to pitch today in Delhi to a panel that consisted of Ajai Chowdhry, Founding Member, HCL; Emma Sinclair, Co-founder, EntrepriseJungle: T V Mohandas Pai, Chairman, Board of Manipal Global Education; Saurabh Srivastava, Founder, Indian Angel Network; and I Vijaya Kumar, Co-Founder and CTO, Crayon Data.
The 10 startups that got the opportunity to pitch at the event were:
Bendflex Research and Development Pvt Ltd
Bendflex specialises in designing devices that aim to revolutionise in-vitro fertilisation, improving the outcome and yielding better results. Ramnath Babu, Co-founder of Bendflex, says that the company is pioneering the transformation of medical diagnostics using mechanical products. The team has already worked on two products, and is currently focused on their patent-pending in-vitro fertilisation device. Bendflex has won several startup awards.
Bengaluru-based fintech startup Cashkumar aims to transform the way lending is done in the country. Dhiren Makhija, Co-founder of Cashkumar, believes that, with time, if one cannot get a loan through Cashkumar, it will be difficult to get a loan anywhere else. The company is in the process of organising every source of credit to increase one’s probability of getting a loan.
Delhi-based GetMyParking aims to make parking in crowded cities and metros like Delhi, Mumbai and Bengaluru easier with the use of data and AI. Working as an app, the platform helps you book, search and navigate parking spots and destinations across the city. Working with an Uber-like model, GetMyParking has an app for drivers and the people manning the parking meters. The idea is to give rise to smart parking solutions across the country.
The team also received seed funding amounting to Rs 71,500,000 from Indian Angel Network.
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