The nine startups, that participated in the intensive 13-week acceleration program at Spark10, are gearing up to pitch their business plans to a range of high profile investors, from the UK and India, on the evening of July 31st, 2016. Few of these startups has already bagged commitments and ‘strong interests’ from some angel investors. It is rare to see startups coming from accelerators grabbing investors’ commitments before their Demo Day.
Spark10, India’s First European Accelerator, conducted a 13-week program, which commenced on April 25th, 2016 in Hyderabad. The nine startups have been selected from over 500 applications received from multiple cities across India and Romania, USA, UK, London, New Castle, New York, Spain, Boulder from New Colorado in USA, etc.
Spark10’s Founder and CEO Atal Malviya designed the program with the guidance of leading experts and minds in the startup acceleration domain in the UK. Their advisors include big names from the European startup ecosystem including Jon Bradford, Co-Founder of F6S and Tech.eu and Paul Smith, Founder of Ignite and Campus North.
The nine startups who underwent the program are BeHungry, Brisky, Carzip, DaddysPocket, FeltSo, Fliona, OhLook, Ornativa and Paysack
BeHungry is an online food ordering platform inspired by the thought of providing pocket friendly combo meals from restaurants nearby. They have served 12,000+ orders to 2500 users as of June 2016, and have more than 300 restaurants on board generating a revenue of more than Rs. 9 lakhs.
Brisky is a nightlife discovery app that personalizes the recommendations to the user based on their and their social groups’ preferences and provides information that answers the most common question – “Where should we go tonight?”. It boasts that 2,500 users have used the app within 30 days of its launch in Hyderabad with a total of 7500+ active users as of July 2016. Brisky has already on-boarded over 130 pubs and generated revenues of over Rs. 15 lakhs.
Carzip is a car care app connecting a network of standardized multi-brand service centers in Hyderabad with car owners helping them book any car service with the click of a button. They have dozens of service centers across the city on board as of July 2016 and have started their servicing operations recently with good response from the market.
DaddysPocket is India’s first sponsorship marketplace for college events that helps college groups get easy sponsorship which allows them to focus on organizing a quality event. They have over 20 high profile brands as sponsors on board as of June 2016, and are the official partner for Techfest 2016 happening at JNTU, Hyderabad at the end of this month.
Feltso is an artificial intelligence engine that collects, collates and analyses thousands of reviews from the web and presents a simplistic analysis of consumer sentiments for almost any product or service in the world. They have received an overwhelming response of over 30,000 unique visitors within two weeks of launch.
Fliona is an online fashion retail store that lets the customer design their own handbag based on their unique style and personality preferences at an affordable price. They have a few established handbag manufacturers on board as strategic partners to bring this unique proposition to Indian consumers.
OhLook is a subscription-based, daily-wear fashion rental service for men that lets them wear a different shirt every day. They have received over 100 requests within five days of launching operations.
Ornativa is a fashion jewellery brand which creates unique and beautiful designs taking inspiration from global fashion trends to make young women look adorable every day. They have already sold over 1100 units in the month of June 2016 alone totaling to over 11000 units since launch, generating Rs. 7 lakhs monthly.
Paysack is India’s first mobile wallet for enterprise, looking to transform business banking services for the 21st century. This team has over 50 companies on-board ready to use their product upon launch.
Spark10 is committed towards producing sustainable and investible technology startups in this country and is bringing experts and strong connections from all over the world to make it happen – added Malviya.