Mumbai-based startup accelerator ScaleMinds has selected five startups for its 100 day accelerator programme. The startups are provided with a Seed funding of $15K (INR 10 Lakhs) each in addition to business strategy consulting and business development support.
ScaleMinds is an early-stage, focused mentor-ship and business development driven accelerator for high-growth startups. It invited applications for the Summer batch 2017 in March 2017.
As stated by Nainesh Kapadia, co-Founder of ScaleMinds, “Today, with the way the Indian economy is progressing, the time is ripe for investors to look at startups as an investment avenue. The right startup with the potential to make it big can earn huge returns for investors. We at ScaleMinds understand how to harness the power of startups and provide them with the much-needed impetus to succeed, even hand holding them through things like creating a business model, strategising a business and marketing plan etc.”
HRiS365.com is an online/cloud-based human resource management system (HRMS) for SMEs. From providing a self-service portal to tracking attendance and from analytics to performance management – it does it all. HRiS365 was founded by Human Resource Intelligent Systems LLP in 2016.
Myfutball aims to be a one-stop app for Indian football fanatics. A user can find information related to i-League, ISL along with Premier International leagues and matches. Also, it is a mobile marketplace to buy football-related merchandise, accessories, book tickets for matches, etc. The startup was founded by Trushit Buch and the Android app was launched in July 2016.
A fintech startup, Taxgenie is a platform that will help 30 Mn MSMEs be GST-compliant and manage their businesses with just a smartphone and spreadsheets. Founded in 2016, it is based in Mumbai.
Funky Dory aims to be a one-stop destination for Indian working women when it comes to the selection of office outfits. The startup offers custom corporate couture for women wherein the clients can get outift designs customised as per their own body fit. The startup was launched by Gayatri Thampi in August 2016.
“Navigers” stands for Connecting Travellers. It is a web platform which helps travellers find and connect with other travellers so that they can travel together especially to remote locations. With Navigers, travellers can get free access to information like nearby mechanics, hospitals etc. Also, users can setup their travel groups, plan for logistics and share their experiences to benefit others travelers. Booking hotels, renting bikes, cars, etc are other additional benefits hosted by the website.
Pravin Madalia Parmar, founder of HRiS365 said ” Scaleminds is helping to scale minds of startups in true sense because Startup is looking for Mentorships, Financial support, Networking which ScaleMinds provides and there are other helps like credits of Amazon AWS and other web tools which is really very helpful for a startup like HRiS365″ as well as Trushit Buch, founder of MyFutball, who was a part of ScaleMinds Entrepreneurship Development Program (EDP) said, “For me, the biggest arbitrage was essentially the hands-on learning from folks who have actually built businesses.
The value that ScaleMinds brings is immense, both from strategy as well as tactics perspective. The support structure is extremely efficient. People at ScaleMinds genuinely want to help you build your business. The leadership team of ScaleMinds along with Akshit Gupta, Co-founder of FundTonic helped me from concept to prototype to actual business model/execution both from macro as well as micro level.”