US-based data storage and management company NetApp Inc. has selected six data-driven Indian startups for the second batch of its accelerator programme, NetApp Excellerator.
The selected startups will now receive access to collaboration and productivity tools, co-working space out of NetApp's global centre of excellence in Bengaluru as well as networking opportunities with potential investors, partners, and customers.
These companies can leverage NetApp's platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity free grant of $15,000 to these startups upon completion of the programme.
The startups were chosen from 450 companies that registered, up from around 250 that registered for the first cohort. Of these, 11 were shortlisted to participate in a rigorous boot camp that concluded with the six being selected for the second cohort.
The selections were based on several factors like product capability and technical depth, fitment i.e. NetApp’s ability to add value to the startup, performance in the boot camp, learning and coaching capabilities, and credibility of the founding team.
“All six companies have an extraordinary team and a unique solution that has the potential to become a significant player on a global scale. I am impressed with their zeal and vision to transform, thrive in the data space and we are happy to be a part of their incredible journey,” said Ajeya Motaganahalli, director, Engineering Programs and Leader of NetApp Excellerator.
NetApp launched its accelerator programme in June 2017 and in December 2017, six startups graduated from the first batch. The graduating startups included Scalend Technologies, Adya, Enclouden, Lightmetrics, Vaultedge, and Vitacloud.
Here's a quick look at the startups selected for the second batch:
ArchSaber: This New Delhi-based company uses automation tools such as machine learning and advanced data science techniques to detect and fix performance issues in IT infrastructure. Founded in late 2015 by Ashish Gaurav, Apoorv Garg and Arpit Jain, the company monitors and alerts all core and non-core infrastructure issues in real-time.
SigTuple Technologies Pvt Ltd: This Bengaluru-based company uses cloud-based image processing solutions for medical diagnosis. It has tied up with medical institutions to obtain the data for the analysis. Founded in 2015 by Tathagato Rai Dastidar, Rohit Kumar Pandey and Apurv Anand, it raised $19 million (around Rs 129 crore) in a Series B funding round led by existing investors Accel Partners and IDG Ventures this week.
Nanobi Data and Analytics Pvt Ltd: This Bengaluru-based startup provides enterprises a cloud-based interactive and visual full-stack end-to-end analytics platform to analyse complex data, while eliminating the need for multiple technologies. The company was founded in 2012 by Mahesh Ramakrishnan, Gayatri Balaji and others.
BlobCity: This Mumbai-based startup operates as a marketplace, offering companies a platform to distribute their analytics products. The platform can analyse data in real-time and processes extremely large datasets. The company was founded in 2012 by Karishma Kunder and Sanket Sarang.
Anlyz: Founded in 2014, the company uses machine learning, deep learning, and artificial intelligence to address enterprise cybersecurity needs.
DataKen Technologies: This Bengaluru-based startup operates an analytics platform through which users can monitor data centres, run predictive analytics and employ machine learning and AI in industries such as telecommunications and life sciences. The company was founded in 2014 by Suresh Gokarakonda, Raju Mentana and Pradeep Samudrala.
*The article has been updated to include some additional information about the founders of all the startups