Seed accelerator Y Combinator has chosen 24 Indian startups for its current cohort, the winter batch of 2020.
In view of the ongoing Covid-19 pandemic, it hosted the demo day online, the accelerator said in a blog post. On the demo day, founders present their startups to investors and the press.
Additionally, the blog post said that applications are open for this year’s summer batch, which will also be held virtually, due to travel restrictions.
The three-month programme will help startups have a better product with more users and more options to raise money, according to the company’s website. To enable this, startups will have an opportunity to interact with executives at Y Combinator, the programme alumni as well as investors, the website showed.
The current one is the Mountain View, California-based accelerator’s 30th batch. It conducts two batches every year – the winter one from January through March and the summer one from June through August.
It had chosen 14 Indian startups for its summer cohort last year, including fuel delivery startup MyPetrolPump, hyperlocal news aggregation platform Lokal, artificial intelligence-driven hiring platform Vahan and online subscription-based pharmacy Digi-Prex.
Founded in 2005, the venture capital fund has funded over 2,000 startups so far -- its India investments include Airbnb, Flipkart and Ola. The combined valuation of companies set up under Y Combinator is over $100 billion.
Following are the Indian startups selected for the programme:
DeepSource: Founded in 2018 by Jai Pradeesh and Sanket Saurav, the company helps developers and engineering teams to continuously monitor their source code to catch bug risks, anti-patterns and security issues, and enable performance optimisations during code review.
Easyplan: Set up in 2017 by Sanjay Gandhi and Manisha Pandita, the company is a savings planner mobile app where users can set customised savings goals and invest in mutual funds through the app.
EduRev: It is a free website for students and teachers to share notes, video lectures and books. It was founded by Hardik Dhamija and Kunaal Satija in 2017.
Able Jobs: An online skill development and training platform, the startup also helps entry-level job seekers find non-technology roles. It was set up last year by Ravish Agrawal, Svatantra Kumar and Siddharth Srivastav.
Breathe Well-Being: Founded in 2015 by Aditya Kaicker and Rohan Verma, Breathe Well-Being is an interactive wellness platform that rewards positive health decisions.
goDutch: Set up last year by Riyaz Khan, Sagar Sheth and Aniruddh Singh, goDutch is a group payments app that lets people pay together to any online or offline merchant.
Chutney: Jhansi Elango and Vivek Nautiyal set up Chutney last year. It is a business-to-business (B2B) fresh produce supply chain startup that sells vegetables and fruits among local neighbourhood stores.
Farm Theory: The startup, founded in 2019 by Arpit Agarwal and Sakshi Agarwal, is an agritech platform that sources imperfect produce from farmers and sells it to restaurants directly.
GIGI Benefits: The fintech company, set up in 2019 by Sowmya Rao and Nandini Vishwanath, provides each user with a set of default benefits, such as financial education and insurance, which are available as a package on the app.
Loop Health: Founded in 2018 by Mayank Kale and Ryan Singh, Loop Health is a platform where people can book appointments, view doctor’s notes and lab results, and chat with or call a doctor through the app.
Morphle: The healthtech startup manufactures artificial intelligence-powered microscopes for hospitals and labs. It was founded in 2017 by Rohit Hiwale and Anchit Navelkar.
NearPe: The cash collection payment gateway, used for online retail payments, was set up by Himanshu Garg and Abhishek Bhayana last year.
HelpNow: Set up in 2019 by Shikhar Agarwal, Venkatesh Amrutwar and Aditya Makkar, the healthtech startup claims to provide ambulance services within 10 minutes of booking.
Kosh: Sahil Bansal and Aayush Goel set up Kosh, a peer-to-peer lending startup, last year. The company allows blue-collar workers to lend money within their communities.
PillarPlus: Founded in 2019 by Naman Kasliwal and Rushil Mathur, PillarPlus provides a suite of software that automatically creates construction blueprints for startups.
Spenny: This is a savings tool that rounds up a user’s everyday purchase to the nearest Rs 10 and invests the money in diversified portfolios for them. It was founded last year by Gaurav Arora and Rathin Shah.
StayQrious: Founded this year by Shankar Ram A, Avinash Anand and Aanand Srinivas, StayQrious is an edtech startup that offers virtual coding classes for children aged between eight and 15.
Synapsica Healthcare: The startup provides artificial intelligence-enabled diagnostic radiology workflow and reporting. It was set up by Cherian Singh, Gandharv Goyal, Meenakshi Singh, and Kuldeep Singh Chauhan in 2017.
TagMango: Divyanshu Damani and Mohammad Hasan set up the social platform, which allows users to book a personalised video from their favourite celebrity, last year.
Thunderpod: Users can view content from health and fitness creators in the form of interactive challenges on the social fitness platform. Bhavesh Khandelwal and Rahul Khanna set it up last year.
UrbanKisaan: Founded in 2017 by Srinivas Chaganti, Vihari Kanukollu and Sairam Reddy Palicherla, the company builds indoor vertical farms and delivers fresh produce to households through a subscription-based model.
yBANQ: Set up in 2019 by Abhishek Ayyagari, Ganesh Mallya and Ahamed Shah Wahidullah, the fintech startup claims to simplify the collection and reconciliation process for large B2B companies.
Zeo Auto: Kshitij Dixit, Nimit Mehra and Ritesh Singh set up the subscription-based fleet management and tracking platform for commercial vehicles last year.
ZeFi: Founded by MD Halim and Saurav Tomar, ZeFi is a neobanking startup that provides dollar-denominated savings accounts.