Here is an update on angel-backed start-up accelerator VentureNursery, its co-founders Ravi Kiran and Shravan Shroff, and some of its graduating start-ups for your background reading for possible use in your writings on start-ups.
Shall be happy to help connect you with any of the founders for a possible interaction for one of your forthcoming stories.
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VentureNursery (VN), India’s first angel-backed start-up accelerator, aims to prepare start-ups and founders for #PolePosition.
VentureNursery was established in March 2012 by two like-minded Angel Investors —Shravan Shroff, Founder and former MD, Fame Cinemas and Ravi Kiran, former CEO-South East & South Asia, Starcom MediaVest Group, Co-Founder, Friends of Ambition and Co-Founder, DazzleToday.
Shravan Shroff and Ravi Kiran in their individual capacity have made over sixty angel investments in sectors ranging from Hospitality, Enterprise Technology, E-Commerce, E-Services, EduTech, Cloud Telephony, Crowdfunding, TravelTech, toMobile Solutions, Gaming,Social Commerce, Location Technology, Computational Science and Analytics and more. They are also limited partners in several Venture Funds and Private Equity funds.
Until September 2015, VentureNursery has accelerated 21 start-ups, of which 15 have graduated and 13 are active and growing well.
Based on its belief that the venture ecosystem needs to focus primarily on maximising the success potential of founders and start-ups, VentureNursery undertakes an intensive and immersive coaching and mentoring role in the chosen start-ups and helps each with end-to-end infrastructural and learning support.
With an obsessive focus on quality, VentureNursery currently conducts four boot camps a year in Mumbai and accommodates two start-ups in each. Following a customised curriculum, delivered by industry leading mentors, the three most important things each start-up learns during the program are identification of right problems, achieving product-market fit and decision making. At the end of each program, start-ups graduating successfully, are evaluated for investment by VentureNursery’s members, a strong group of committed and seasoned angel investors.
Beginning with 10 members (including Shravan and Ravi Kiran) in 2012,VentureNursery currently has 30 members in addition to over 80 mentors-in-residence.
VentureNursery Alumni include branded budget hotel chain OYO Rooms, video interview platform Talview, fashion and lifestyle social commerce platform Klip, crowd-funding platformCatapooolt, travel start-up SeekSherpa, artificial general intelligence companyInvenZone, last minute hotel booking company Hotels Around You and curated activity and hobby classes company FindUrClass, an on-demand home beauty and wellness services platform The Home Salon, and Fixy an on-demand service platform for Handyman, Repair and Home Maintenance Services.
Founder: Ritesh Agarwal
VentureNursery graduate from its first Boot Camp Ritesh Agarwal founded OYO Rooms is India’s largest branded network of hotels. Ritesh was also India’s first winner of the Thiel Fellowship, a program started by Paypal founder, Peter Thiel.
It currently operates in more than 100 Indian cities including major metros, regional hubs and top leisure destinations. OYO Rooms promise comfortable and delightful stays in AC rooms with free breakfast, Wi-Fi and 24×7 customer service support.
OYO Rooms, a winner of several accolades is backed by leading investors including the Softbank Group, Greenoaks Capital, Sequoia Capital and Lightspeed India.
www dot oyorooms dot com
Founders:Harsh Gadia and Maneesh Madambath
Klip is a Social Commerce App for Fashion Discovery. It curates and gives personalized product recommendations to users from all online stores at one place. Klip caters to Young Indian Shoppers in Fashion and Lifestyle category, one of the fastest growing segments in Indian e-Commerce space.
www dot klip dot in
Founders: Sanjoe Tom Jose, Tom Jose, Jobin Jose. Subramanian K
Talview is a video interview platform which helps employers build a high performing workforce by reaching out to and screening more candidates using lesser time and resources than traditional hiring processes.
Talview has served clients across 102 countries and counts ABB, Avery Dennison, Cognizant, GlaxoSmithKline, NTT Group, Tata Group, Unicef, VF Coporation and Wipro among its customers.
www dot talview dot com
Founder: Satish Kataria
Catapooolt, India’s leading Crowdfunding and community engagement platform, endeavours to bridge ideas, innovations and upcoming ventures with potential funders, supporters and lovers!
Till date, the platform has helped over 30 projects raise over Rs 100 Lakh from amongst over 2000 contributors. Always at forefront of promoting crowdfunding in India, Catapooolt is backed by some interesting partnerships – including that of PayBack and Economic Times.
www dot Catapooolt dot com
Founders: Dhruv Raj Gupta, Sukhmani Singh
SeekSherpa is a hyperlocal platform connecting travellers and locals over unique local experiences. SeekSherpa works with cool and eclectic city locals (Sherpas) in setting up interesting micro tours. These tours are then offered to travellers and city residents looking for things to do or sightseeing solutions in their city.
www dot seeksherpa dot com
Founders: Rina Nathani, Aakash Jethwani
FindUrclass.com is a search and discovery platform that enables parents to find the RIGHT activity or hobby class for their kids. Educators are curated and listed online across various interests including – art and craft, sports and adventure, fitness and health, cooking, dance, music and singing, beauty and fashion, photography, languages, film and acting etc.
www dot FindUrClass dot com
Founder: Harsha Nallur, Mohsin Dingankar, Animesh Chaudhary
HotelsAroundYou is a mobile only, on demand, last minute hotel booking platform for travellers to book quality hotels at significantly discounted prices; while simultaneously allowing hotels to sell their distress inventory. It currently caters to major Indian metros, with India wide expansion on the anvil.
App available at www dot hotelsaroundyou dot com
The Home Salon
Founders: Rishika Chandan, Nihar Thanawala
The Home Salon is an on-demand home beauty and wellness services platform is co-founded by husband-wife duo Ms Rishika Chandan and Mr Nihar Thanawala, both graduates of the Indian School of Business, Hyderabad. The entrepreneurs graduated from VentureNursery’s Season 6 acceleration Program in June 2015.
The Home Salon (THS) connects stylists, therapists and beauticians to customers who are looking to indulge in convenient and prompt home services and treatments, a click of a button away. THS operates as a controlled market place that curates and controls the supply, product and customer with their app-based model.
Their unique business model provides scalability, while differentiating the model through stringent ownership over the entire value chain.
THS aims to disrupt the market with highly trained beauty experts catering to customized requirements through the click of a button.
www dot thehomesalon dot in
Founders: Tufayl Merchant, Nabeel Merchant]
Fixy is an on-demand service platform for Handyman, Repair and Home Maintenance Services in urban India. Currently operating in Mumbai, Fixy operates in an unorganized sector which has an addressable market size of over two million urban homes with a potential of INR 10,000 crore.
By seamlessly connecting Handymen and other professionals to Home Owners through the Web and Mobile Platform, Fixy intends to make Home Care & Maintenance a breeze, opening up more possibilities for Home Owners and more Business for local handymen and home maintenance companies.
www dot fixy dot com
Founders: Vinay Kumar, Deekshith
‘Arya’ is artificial general intelligence based application that powers machines to be interactive and intuitive with human-machine conversations in natural language in both text and visual formats.
‘Arya’ uses proprietary deep learning architectures to learn faster and adapt to multiple domains. It assists humans in making effective decisions at a faster pace and automating execution of tasks cost effectively.
It started off while working on InvenZone, the platform for STM researchers and scientists to simplify the intellectual knowledge sharing conversations between peers. Since then, ‘Arya’ is being evaluated in various business verticals and for various use cases like automating the customer relationship management, in conversational commerce and as advisory in purchase decisions.
Founded by IIT, Mumbai postgraduate and Nanotechnology researcher Vinay Kumar and JNTU, Hyderabad graduate and Natural Language Processing researcher Deekshith, ‘Arya’ targets businesses dependent on information gathering and information retrieval both in B2C and B2B space as also research focused institutions.