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Times Internet’s startup accelerator, TLabs, has announced the list of its 8th batch of startups, which kicked-off August this year, with investment in all of them.
The new batch consists of eight startups taking Tlabs’ portfolio size to 50 companies since inception.
Abhishek Gupta, head of TLabs said, “Most of the companies that make it through our initial screening process have good traction to support their applications. Due to this, we are also receiving some very high potential startups for a seed stage round”.
TLabs invests about $45K (INR 30 Lakh) and more for startups under seed or pre-series A rounds.
Abhishek added that selecting the startup for the eighth batch was toughest as compared to others because of the spike in the quality of talent which is taking an entrepreneurial plunge. “We now see a lot of professionals giving up their corporate jobs to startup and applying to us.”
Here is the list of eight startups that are a part of this batch:
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GetMyUni
Founders: Upneet Grover and Hardik Thakkar
Founded In: 2014
GetMyUni is a student community driven college review portal that helps them search for colleges based on reviews, courses, placements, fees and more. The company also helps colleges to recruit their right student through their marketing solutions and analytics driven recruitment.
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Cirtru
Founders: Navish Jain
Founded in: 2015
Cirtru.com is a LinkedIn for classifieds without revealing the users’ identity. It helps users to find roommates based on verification of their employment or university. Currently, it is operational in 1000+ companies and universities in San Francisco Bay Area.
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HopOn
Founders: Arvind Krishnaswamy, Kishore Sai, Rajath Raman and Vishwas Jayarama
Founded in: 2012
HopOn is a SaaS based platform, designed for corporate companies to connect to transport administrators, employees and vehicle service providers. It helps companies to achieve automation of employee transport management, transparency in billing/ invoicing and optimisation of transport resources.
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Prokure
Founders: Dhilbar Roshan and Shubham Agrawal
Founded in: 2015
Prokure is a mobile application that connects the unorganised retailers to the local distributors who supply goods to retailers. The startup aims to organise the unorganised retail using smartphones.
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Spoyl
Founders: Bhargav Errangi and Sumit Agarwal
Founded in: 2015
Spoyl is a mobile only marketplace to sell new-like or gently used fashion wear. Users can also buy from the closets of independent fashion makers and exclusive designs from local boutiques across India.
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Pyck
Founders: Naman Vijay, Neelam Ahuja and Prashant Gupta
Founded in: 2015
Pyck is a tech driven first mile logistics service provider. It offers free pickup & premium packaging service and delivers any shipment across India.
Founders: Pranjal Modi, Shubham Agarwal, Nitish Hooda and Sharley Juneja
Founded in: 2014
Medaino, a startup currently in stealth mode, is an IoT wearable device, helps measure key important physiological data. The device analyses and stores data in a visually convenient format, which helps in tracking changes inside human body and predicting probable situations of precaution.
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SuperDoc
Founders: Chaitanya Mehta and Abhishek Mane
Founded in: 2014
SuperDoc is a mobile application to consult doctors over chat providing easy way to ask medical related questions to doctors for free. Doctors present on the platform reply to patient’s questions within 30 minutes.
The above startups were selected out of 700+ applications.
TLabs is a startup accelerator and early stage seed-fund in India for internet and mobile technology startups. Prior to this, the accelerator has had 7 batches. It generally invests $45,000 (INR 30 Lakh) for an equity stake of 8%.
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