A look at 500Startups’ Fall 2012 Batch, Investments in India

Silicon Valley based 500startups recently announced its India expansion and here is a quick roundup of the “Big 4” in the 500 Startups Fall 2012 Batch.

1. TradeBriefs

Idea: Email newsletter service for the industry professionals providing them with industry news, global insights and exclusive jobs

Founding Team: Sree Vijaykumar, previously worked at Deloitte, IBM Global Business Service and is an alumnus of Carnegie Mellon University and IIT Mumbai.

About: Founded in the year 2008 the company has less than 50 employees, working on their B2B product providing most comprehensive and relevant report of the day gathered from a numerous sources.

2. WalletKit

Idea: WalletKit is creating a platform for businesses to create manage and deliver digital boarding pass, tickets and coupons for the mobile wallets.

Founding Team: Kevin Rajasekaran (CEO)  and Ramakanth Dorai ( CTO )

About: Currently operating in free private beta.


Idea: gazeMetrix is a tool to measure and track the brand presence on TV and online media effectively.

Founding Team: Deobrat Singh, Debayan and Saurab Paruthi

About: UberLabs demoed their product gazeMetrix at Unpluggd this year and made it to the top 10 finalists. Recently they won $25,000 from Microsoft at the Qualcomm organised QPrize. Full review here

4. Instamojo

Idea: Service that makes buying and selling of digital content like music, ebooks or digital presentation with a simple link sharing.

Founding Team: Sampad Swain, Harshad Sharma and Akash Gehani

About: They secured angel funding from Rajan Anandan and Sunil Kalra in July and launched their public their public beta at Unpluggd this year. Full review here.

Earlier investments of 500startups in India include MyGola, Cucumbertown and Teleport.me.

Will 500startups disrupt the angel investment scene in India? Well, they have certainly woken up a lot of angels who are now planning to come down (from the cloud) and close rounds quickly.

Exciting time to do a startup in India!

Also see: THE List of Accelerators and Incubators in India.

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