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Google announces second batch for startups programme in India

Google announced the second wave of startups selected for their Launch Accelerator program in India on Tuesday.

The program is dedicated to support Indian startups that use technologies like artificial intelligence (AI) and machine learning (ML) to provide solutions addressing the nation’s core needs.

The ten startups Google selected are based out of cities across the country, including Bengaluru, Mumbai and New Delhi, the company said in a statement.

In addition to guidance on how to scale up their company, Google will also provide support for AI and ML, using the Android platform, cloud computing, developing user interfaces, product strategy, online presence and marketing.

The firm will also provide some startups Google Cloud Credits between $20,000 (₹1.3 million) to $100,000 (₹6.9 million). 

Similar to the first class, the ten startups will go through an intensive one-week mentorship bootcamp, followed by in-person engagements over the next three months.

You can read more about the selected startups down below:

Opentalk

Opentalk is an app that allows users to improve their language skills by conversating with native speakers around the world. They can also follow trending topics in case they are looking to engage on a particular issue. 

THB

THB (Technology, Healthcare and Big Data Analytics use technology to help healthcare providers and medical practitioners with different use cases like PEP (Personalised Patient Care), medical sales force productivity booster and clinical decision support. 

Perceptiviti Data Solutions

Perceptiviti Data Solutions focused on finding solutions for fraud and risk management in insurance, financial services and digital payment services. Their flagship product is called ‘Sherlock’ and is a fraud detection platform that claims 90% accuracy.

DheeYantra

Already used by the Syndicate Bank and Indian Institute of Management Ahmedabad, DheeYatra is an AI platform that currently helps businesses operate across eight different Indian languages with the use of chatbots and solutions in natural language processing (NLP), optical character recognition (OCR), and Indic transliteration.  

FinancePeer

FinancePeer is a P2P lending company that connects lenders with borrowers online. Users can sign up as borrowers or lenders after the platform analyses their borrower credit score using AI that taps into multiple parameters including social profiles. 

SmartCoin

Another company working for financial inclusion in India, SmartCoin is another lending app that uses AI and machine learning to assess the risk profile of a borrower. The app main goal is to provide short-term credit to the underserved and low-income households in India. 

HRBOT

HRBOT use AI and machine learning to scan the 120,000 job seekers on its platform to find applicants that would be best suited for a particular post according to the requirements that recruiters share. The company’s main selling point is that it has access to candidates in tier-2 and tier-3 cities in India. 

Savera.ai

Savera.ai  use solar panels to reduce the burden of electricity requirements and its positive environmental impact in India. The company helps users decide whether or not their roof is ready for a solar panel by issuing a ‘Sun Score’, a ranking of how ready an individual’s house is for a solar panel after analysing the location of a users’ house, identifying the rooftop, running a weather analysis and taking individual state’s solar policy into account. 

Kaleidofin

Essentially a financial management tool, Kaleidofin suggests how much user should save each month while taking financial volatilities into account. The app is already used by many mutual funds in India like Aditya Birla Capital, Franklin Templeton Investments, HDFC Mutual Fund, ICICI Prudential Life Insurance, and SBI Mutual Fund. 

Adiuvo Diagnostics

The company has an actual physical device which can detect and classify skin infections in under two minutes. It’s easy for doctors because the ‘Skin-Scope’ is a handheld medical device and the pro for patients is that the whole diagnostic process is non-invasive. 

“Given the growing maturity of India’s startups, our programme focuses on providing startups with incremental knowledge and tools, gleaned from our experience of building products for users around the world,” said Paul Ravindranath G, programme Manager, Launchpad Accelerator programme, India, Google.

Apart from India, the program also operates in Sao Paulo, Tel Aviv, Nigeria, Tokyo and Singapore. It has so far mentored 30 startups in India through its global accelerator programme. 

Photo via Max Pixel.

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