Start-ups in the News – April 2023
Start-ups from various incubation programs of NSRCEL have often made a mark with significant accomplishments in their respective areas. In April this year too, we have had few NSRCEL-incubated start-ups who have made news.
Garaaz, a start-up of NSRCEL from the Velocity Incubation Program, recently received recognition from Mahindra Digital Engine for its outstanding performance as one of the top eight automotive start-ups, at the event ‘Start-up Leap 2023’.
Garaaz is a B2B marketplace solving the sourcing problem for multi-brand garages where they get to discover, compare and buy from over eight million parts across 25 car brands.
FyndHealth has successfully raised around $120K in funding from angel investors, including renowned industrialist and investor Harminder Sahni.
FyndHealth is a one-stop solution for healthcare, holistic development and mental wellness needs of children and women. This venture from Velocity works with a multidisciplinary approach for both preventive and interventional requisites of every child’s developmental journey, starting from early childhood till adolescence.
Vigyos, another venture from Velocity, has successfully raised funding of INR 1 crore from Japanese investors, with employees from Softbank also participating in the funding round.
This venture is changing the traditional way of advertising and outdoor media, using Machine Learning, Artificial Intelligence and Internet of Things to offer real time analytics of viewership to the customers, through its advertisement services.
SWYTCHD, a start-up of NSRCEL, raised $553,000 in a seed round led by the Keiretsu Forum. The round was also attended by Let’s Venture, Venture Catalyst and Beej Network, among others.
SWYTCHD is a venture from the Sustainable Mobility Incubation Program that offers an all-inclusive electric vehicle subscription. SWYTCHD aims to increase the adoption of EVs in India. The venture covers vehicles, insurance, servicing, free charging, and much more, thus helping EV enthusiasts enjoy EVs to the fullest potential, without the hassle of ownership.
Tadpole Projects, another start-up of NSRCEL from the Sustainable Mobility Incubation Program, has retrofitted older Military Gypsies into electric vehicles, along with the Indian Army Cell, IIT Delhi. These gypsies were showcased at the Army Commanders’ Conference.
The venture aims to provide affordable clean energy conveyance solutions to the masses, focusing on waste management and power efficiency at the same time.