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Hyderabad (Telangana) [India], January 20 (ANI/PRNewswire): CIE-IIITH organized its biannual Demo Day earlier this week where 15 startups from various programs pitched to over 30 investors.
All 15 startups have garnered interest from investors and conversations are on.
CIE-IIITH is a 13-year-old incubator, supported by DST, MEITY & DBT in its early days. CIE-IIITH has till date supported 400+ startups and seed funded 25 startups. It is now also focusing on infrastructure facilities, programmes and startup engagements in order to build a deeptech startup ecosystem.
CIE-IIITH's Demo Day showcases startups from its Avishkar-DeepTech, Ojas-MedTech accelerator programs as well as Product Labs' startup seeding. The startups at this demo day were spread across solution realms from IOT-AI for Industrial automation, CV based game data analysis, AR-VR based virtual meeting platforms, drone based surveillance, surveying etc.
The Accelerator programs offers upto 40L seed funding, and technology help through research labs of IIITH, along with strategy and GTM advisory leading upto initial customer traction. The startups are from varied technologies like AI/ML, CV, NLP, Dronetech, AR/VR, working in various domains of manufacturing, data analysis, surveillance, virtual meeting platforms, and asset tracking.
"Happy to see good results in recent years of 25 total accelerated startups in the past 5 year. Few startups have had series A+ funds raised at very high valuation (BlueSemi. DreamVu) and some even got acquired (Revos, Instoried)," said Prof. Ramesh Loganathan, COO, CIE-IIITH.
Investors included SucSeed Indovation Fund, Kalaari, Venture Catalyst, Mumbai Angels, IAN, HA, Blume Ventures, Endiya Partners. Corporates such as Microsoft, Biocon, TCS, GMR, ICICI also attended the Demo Day. Most startups garnered interest from investors for follow on conversations.
Annexure
SEED STAGE STARTUPS
Intech Harness Pvt Ltd
They are developing a technology platform for farmers facing erratic power & water conditions on the farm and also handhold the farmer onto the platform of Data Driven Irrigation through modular offering of Deeptech.
Age: 3 Years
Domain: Agritech
Customers: Mr.Sharad (End User), Mr. Ayyub (Dealer From FPO)
Funds Raised: 30K USD
Website: http://www.intechharness.com/
Matchday ai
Matchday ai is reimagining sports for the mobile generation. Sports has been the same for generations but consumer habits have changed drastically. At the core the solution is a super low cost and scalable AI algorithm that can automatically measure game performance and physical attributes using only video as an input. The estimated SAM is 1.1 B$ annually for badminton and 16 B$ for football as we aim to unlock a massive market currently untapped by tech companies.
Age: 2 Years
Domain: AI/ Sports
Customers: Star Sports
Funds Raised: 70k USD
Vyomik Innovations Pvt Ltd
Vyomik Drones builds UAVs that provide multi-faceted solutions to diverse industrial sectors. Their drones are powered with the right hardware and software that serve as intelligent resources for industries in the Land Mapping, Infrastructure, Agriculture, Mining, Public Sectors, and Energy Utilities. They also provide drone based solutions for different sectors to improve efficiency and accuracy by using data acquisition skills and AI based image processing algorithms to analyze the data and provide meaningful reports for the management to take preventive measures and increase operational efficiency.
Age: 1.5 Years
Domain: UAV/ Dronetech
Customers: Myhome, Ncte, At Urban, Aparna Western Meadown, Dreaam Valler Group & Kancharla & Giridhari Homes, Geosilicon, Swachha Andhra Corporation.
Funds Raised: 13K USD
Website: https://www.vyomikdrones.com/
EARLY/ANGEL STAGE STARTUPS
HomeGround
HomeGround is a platform that brings professional cricket training and analytics to the grassroots. They use Computer Vision and AI to review cricket training videos and provide real-time feedback, recommendations and connect to experts. All the user has to do is capture live or upload a pre-recorded training video to get actionable insights and recommendations to improve.
Age: 1 Year
Domain: AI & Sportstech
Customers: Sun Cricket Academy, Good Sports Cricket Academy, Ibowl And Leverage.
Funds Raised: 30K USD
Website: https://homegroundapp.com/
Seethos India Private Limited
Seethos is a technology firm specializing in artificial intelligence solutions. Currently we are developing projects/products for the Indian Army. Seethos R&D is working on other AI solutions that suits small banks and credit unions in USA.
Age: 3 Years
Domain: AI
Customers: Indian Army
Funds Raised: Fully Bootstrapped
Website: https://seethos.com/
Machstaz
Machstatz provides an Industrial AI platform for instant connectivity across machines, deliver insights and help achieve business outcomes across manufacturing.The platform provides machine learning diagnostics for machines and process analytics solutions. These solutions are being implemented in manufacturing industries which increases production efficiency and reduce downtime of industrial machines on real time basis.
Age: 4 Years
Domain: AI/ IIoT
Customers: Jindal Steel & Power Limited, Borosil Renewables Ltd., Arvind Fashions, Wellspun, Duroflex, Volvo & Eicher
Funds Raised: 96K USD
Website: https://machstatz.com
NextMeet - WorkingBot Technologies Pvt Ltd
NextMeet is an immersive Meet-Up platform that enables real-time virtual conferencing and networking in an avatar-based 3D environment. Launched under the ambit of WorkingBot Technologies, NextMeet is the first avatar-based virtual conferencing platform created in India. NextMeet provides corporations, institutions and event organizers the ability to convene in a dynamic ecosystem, bypassing the associated logistical costs as well as UI-induced fatigue.
Age: 1 Year
Domain: Metaverse, Vr, Remote Collaboration Customers: Michigan State University, Icfai University, Boston Consulting Group
Funds Raised: 130k USD Raised So Far.
Website: https://nextmeet.live/
Nexmatics Private Ltd
Nexmatics Ultra-Wideband (UWB) Trackers is designed for applications requiring accurate, precise and high update rate real-time location. Their trackers process contextual information to ease decision making and precise device management. They build solutions-- not just techs --that improve the abilities of individuals, associations and the world at large. We are focused on keeping our clients in front of the opposition and assisting them with getting ready for change.
Age: 1 Year 5 Months
Domain: IoT
Customers: Shengel Dubai, Al Futtaim Engineering And Technology, Kavin Infrastructure And Services, Upv Solar, Ampatron Australia, Sbsr Kannam Private Limited, Stallwart Sourcing Solutions
Geo Info Media, Perfect Surveyors, Evergreen Farms
Funds Raised: Bootstrapped
STARTUP SHOWCASE
DreamVu
DreamVu is a pioneer and the leader in omnidirectional 3D vision systems. DreamVu's product is a single sensor-based, 360-degree camera with depth sensing.
Age: 4 Years 3 Months
Domain: 3d vision, Camera technology, Depth Imaging
Website: https://dreamvu.com/
Founder: Rajat
BlueSemi RnD
BlueSemi was founded with the vision to leverage innovative, cutting-edge technology that promotes responsible disruption in Health tech AIoT through their proven expertise in product development. It is gearing up to launch its flagship consumer healthtech product that is a non-invasive and revolutionary device that analyses 6 key vitals like blood glucose, ECG, BP, HR, SPO2, and temperature in just 60 seconds.
Age: 4 Years 5 Months
Domain : Consumer Heathcare IoT
Website: https://bluesemi.io/
Funds Raised: $69 Million
Founder: Sunil Maddikatla
Sublt.AI
Subtl.ai creates document intelligence that can understand natural language questions our users have and route them to relevant extracts from documents, like an expert of these documents would. The technology has been validated in the finance domain and they are positioning the product for Banks, at least for the next 6-9 months. They had also almost made it to the YC winter batch and are hopeful to get in for the summer 2021 batch.
Age: 2 Years
Domain: Banking/ BFSI Customers: SBI, BDL, GRSE
Funds Raised: INR 60 Lakhs
Founder: Vishnu Ramesh
Website: https://subtl.ai/
Apxor
Apxor is world's first digital nudging platform for apps. Nudges are non-intrusive and appear only when the users need them. Leading apps like Dream11, Doubtnut, Shemaroo rely on Apxor to experiment on different features.
Age: 6 Years
Domain: SaaS
Customers: Dream 11, Doubtnut, Shemaroo, GrabOn, Quick Ride
Funds Raised: $1.5 Million
Founder: Krishna Kasturi
Website: https://www.apxor.com/
Arka Aerospace
They are developing the world's first commercial Re-Configurable Drone. Application areas include Drone Delivery, Warehouse movement, and other multi-payload applications.
Age: 1 Year
Domain: UAV/ Drone Tech
Funds Raised: Bootstrapped
Founder: Suraj Bonagiri
Website: https://arkaaerospace.com/
Marut Drones
Marut Drones is India's leading drone technology provider. They have many firsts to their name including introducing Data Analytics, IoT, Artificial Intelligence and Machine Learning to the nascent drone industry in India.
Age: 2.5 Years
Domain: UAV/ Drone Tech
Customers: Government of Telangana
Funds Raised: $100K
Founder: Prem Kumar
Website: https://www.marutdrones.com/
Onward Health
Onward Assist helps improve cancer treatment outcomes by solving the problem of accurate and timely cancer diagnosis. They enable cancer pathologists and radiologists with automated analytics tools for faster and better reporting.
Age: 5 Years
Domain: AI, Diagnostics
Funds Raised: $400K
The International Institute of Information Technology, Hyderabad (IIITH) is an autonomous research university founded in 1998 that focuses on the core areas of Information Technology, such as Computer Science, Electronics and Communications, and their applications in other domains through inter-disciplinary research with great social impact. Some of its research domains include Visual Information Technologies, Human Language Technologies, Data Engineering, VLSI and Embedded Systems, Computer Architecture, Wireless Communications, Algorithms and Information Security, Robotics, Building Science, Earthquake Engineering, Computational Natural Sciences and Bioinformatics, IT in Agriculture and e-Governance.
Website: www.iiit.ac.in
Sunory Dutt, Head of Communications, IIIT-Hyderabad. E-mail: sunory.dutt@iiit.ac.in, Phone: +91 9676999540
This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
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