Accenture Ventures, the venture capital division of global consulting giant Accenture, has picked six winners for the second edition of its industry challenge that recognises innovative technology startups in India.
The contest recognises deep tech growth-stage Indian startups with the most innovative business-to-business (B2B) use cases in five categories related to applied intelligence: artificial intelligence (AI), data, analytics, automation and industrial AI, Accenture said in a statement.
“The Accenture Ventures Challenge helps us recognise the most disruptive technology startups in India and provides them with access to our Global 2000 clients,” Avnish Sabharwal, managing director for Accenture Ventures and Open Innovation in India and the Middle-East, said.
This year’s challenge drew over 370 entries from across India. Of these, 15 finalists were evaluated by a jury of Accenture executives, industry leaders and the venture capital community.
The judges selected the winners based on the innovative edge, business value and scalability.
The winners will join Accenture Ventures’ open innovation partner programme through which they will be able to collaborate with Accenture and co-create solutions for enterprises across the globe.
The winners will also be mentored by Accenture leaders, introduced to top industry forums, and have access to the Accenture Innovation Hub in Bengaluru where they can further scale their solutions.
Here are the winners:
MMS.IND: The company is a GeoMarketeer platform, which delivers geo-location-based intelligence using micro market-focused data and analytics functionalities, delivered as a service.
Numberz: Gurugram-based Numberz was founded by Rajeev Chari in 2015. The company is a cloud-based enterprise solution that claims to enhance the working capital of businesses by improving the speed, efficiency and effectiveness of collections by using AI, machine learning and robotic process automation.
Locobuzz: Mumbai-based Locobuzz was founded in 2015. The company is an analytics-based integrated marketing platform, which offers digital strategy, content strategy & marketing, brand reputation management, response management, rich data analytics, campaign management, lead generation, infographics and social media apps.
Strayos: US-based Strayos was founded in 2016 by Ravi Sahu. The company is a 3D visual AI platform for the mining and infrastructure industry. The platform utilises imagery data to extract hidden insights about geology in mining for optimised drilling and pre-excavation object detection below the ground surface to enable the accurate inspection of job sites.
Niramai: The Bengaluru-based breast cancer screening startup was founded in July 2016 by Geetha Manjunath and Nidhi Mathur, former employees of Xerox Research Center and Hewlett-Packard Labs. Niramai stands for non-invasive risk assessment with machine intelligence. It uses big data analytics and AI over thermal images for early detection of breast cancer.
Cropln: Bengaluru-based CropIn Technology was founded in 2010. The company uses big data analytics, AI and remote sensing to enable clients in the agriculture ecosystem. It helps them analyse and interpret actionable insights on crops like stress levels, yields and cycles based on both historical and real-time data.