NetApp Excellerator selects five Indian startups for sixth cohort

NetApp Excellerator selects five Indian startups for sixth cohort
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28 Apr, 2020

NetApp Excellerator, the accelerator programme of Sunnyvale, California headquartered technology major NetApp, has chosen five Indian startups for its sixth cohort. 

The four-month programme, which includes a total of six startups, will provide mentorship and access to NetApp’s cloud-oriented data technologies, according to a statement. NetApp will conduct the mentoring sessions online on account of the Covid-19 pandemic, it said. The host will also sponsor an equity-free grant of $ 15,000 to the graduating startups, it said. 

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“The innovation spurred by this programme will empower these startups to present pathbreaking solutions to customers. We are committed to promoting entrepreneurship and driving positive economic outcomes for our ecosystem,” Ravi Chhabria, managing director of NetApp India, said.

So far, NetApp Excellerator has mentored 29 business-to-business (B2B) startups through five cohorts in the past three years. Its last cohort was announced in January, which included startups such as CloudSEK, Senseforth.ai, Lightwing, Coralogix and Curl Analytics.

The startups for the current batch were chosen based on their focus on data driven technologies, including Google-developed logistics platform Kubernetes, blockchain and artificial intelligence (AI), which have applications in sectors such as healthcare, finance and ecommerce, it said.

Here’s a look at the five Indian startups in the programme:

Aikaan Labs: The Bengaluru-based startup provides a device management platform for edge computing and internet of things (IoT). It was founded in 2018 by Chetan Kumar, Pronoy Debnath and Siddharth Munot. 

CyborgIntell: Founded in 2018 by Suman Singh, who is also the CEO of the company, the Bengaluru-based startup helps its clients deploy AI solutions, enabling them to monetise their data. It also has an office in Johannesburg. 

IQLECT: Set up in 2015 by Sachin Sinha, co-founder of apparel startup LimeRoad, the Bengaluru-based data platform uses software-as-a-service (SaaS) for predictive and real-time analytics for operational intelligence.

Koinearth: This company was set up in 2017 by former Hewlett Packard employee Praphul Chandra. The Bengaluru and Singapore-based startup, via its Nash platform, enables solution designers and application developers to solve business problems and build better solutions, faster.

Myelin Foundry: The Bengaluru-based startup uses deep technology and AI to provide solutions on voice, video and sensor data on consumer edge devices. It was founded in 2019 by  Gopichand Katragadda, Ganesh Suryanarayanan and Aditi Olemann.