India: GSF Accelerator has announced USD $1M investment into 4 startups as a part of its sixth batch. GSF has so far funded 50 startups.
“This year, we have invested in 4 deep tech startups.Their focus ranges from Manufacturing Tech to vernacular content marketplace, from AI driven sales analytics to deep learning legal & FinTech. These 4 startups are at seed stage and have innovative solutions with paying customers. Our global ecosystem of mentors, advisors, investors and EiRs has helped these 4 startups over the last 6 months” said Rajesh, founder of GSF Accelerator.
As part of this multi-country program, the startups have been mentored by top founders, venture capitalists and entrepreneurs in Bangalore and have recently completed an immersion program in the Silicon Valley. Next, they will visit China and Japan for exposure to the investment and startup communities in these countries.
GSF Team consists of founder Rajesh Sawhney, Operating Partner Rajat Harlalka and EIRs Nirmal Shah and Bhargavi Vijaykumar. All four are tech founders themselves.
The four startups are:
- Chizel is a Cloud platform that offers a convenient way to manufacture engineering components. The platform employs self-learning AI algorithms that harness the full potential of digitally connected machines to provide complete manufacturing solutions to the customers.
- Khabri is a fast growing digital platform for vernacular audio content. Khabri Mobile app allows content creators to create channels and programmes and reach millions of vernacular listeners across India and overseas.
- Slintel: is a Technographics powered discovery and AI driven recommendation platform helping companies improve their sales conversion rates by predicting who their next customer would be.
- Vaultedge: is a smart AI platform that helps Banks & BPOs perform Loan Underwriting and Contract Abstraction in real-time.
GSF has a strong track record of success with its portfolio companies: Here are a few portfolio companies of GSF Accelerator:
- Little Eye Labs acquired by Facebook, their only acquisition in India
- Pokkt raised capital Jafco, Singtel, Jungle
- Silverpush raised series A from IDG, M&S, and others
- Dailyrounds raised series A from Accel, Beenext, and others
- Docsapp raised series A from Bessemer Capital, Rebright Capital and others
- Browntape raised series B from Gati, Seed Fund, Growthstory and others
- HackerEarth raised series A from DHI Group, Prime Venture, Bennett and others
- Pluss App raised Series A from IDG and others and acquired by Netmedics
- Zapr raised series B from Fox Media, Flipkart, Saavn, and others
- Whatfix raised series B from Stellaris, Helion and others
- Flintobox raised a Series A funding from Lightbox and others
- Quizziz raised a series A round from Nexus, Prime Venture and others
- Orowealth raised a series A round from Money Forward, Powerhouse Venture, M&S Partners and others