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.
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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!
