Z Nation Lab curates startups for their pre-accelerator Bootcamp by vetting online applications and through Khoj an initiative which covers 9 cities including Mumbai, Delhi, Bengaluru, Indore, Hyderabad, Jaipur, Kolkata and Ahmedabad.
We as Z Nation Lab selectively invest seed capital in early-stage startups graduating from our Bootcamp, in addition to the thousands of dollars in credit provided by our ecosystem partners like Amazon, PayTM, Google, Freshdesk, IBM and others to help the startups scale up their entrepreneurial ventures
While we have a sector agnostic outlook, our team, partners, mentors and advisors have a deep understanding of IOT, Analytics, Machine learning, Consumer tech and Ed-tech. We look at the experience, abilities and passion of the team about the industry they are disrupting through the startup. We look at the market which they are addressing and ensure we invest in aggressively scalable startups. We also put special emphasis on the traction they have received from their early adopters.
We also actively seek strategic investors who can leverage on the experience of our Team which includes our Venture Partners click here to know more about them & Mentors click here to know their profile coming with 100 years of collective relevant experience. They have the acumen and the foresight to curate the best startups for your investment portfolio
A bit about our corporate partnerships – We are working closing with various corporates like GE (General Electric), Reliance Communications IoT, HGS & many more in the world to help them identify the next big disruption in their industry and connect them with our startup ecosystem
Should you like to learn more about Khoj and our Bootcamp, please get in touch with us at email@example.com
Save on fuel cost post decentralization of the fuel rates on your next road trip
ScoutMyTrip, one of our portfolio Company helps you save on fuel cost post the roll out in decentralization of the fuel rates.
Heres what Deepak (co founder of Scoutmytrip) has to say about it
"One regulatory change that is soon going to come out in full force is the de-centralisation of the rates for fuel. The Govt is trying this model in 5 cities for now from 1st of May. if successful, then this will be rolled out for the whole country. What this will mean, is that the next district or even the petrol station from a different company can have a rate that is different to one close to you. This is a huge step and we will have to wait and see how the systems pan out.
At ScoutMyTrip, we are already geared up for this by tapping into individual oil companies and getting live rates from them as an when it happens"
So, be sure to use scoutmytrip.com to ensure that you save on fuel costs while planning your trip
ScoutMyTrip is a community-driven road trip planning platform which lets users generate itineraries for their travels. These indicate the locations of petrol stations, hotels, toilets, eateries, and places to visit during the journey as per one’s interest. It is also a platform where like-minded travellers can meet and talk about their past journeys and help others plan on the basis of their experiences.
The 10 startups that rocked Z Nation Lab’s Demo Day
It was an exciting three-week journey for the second batch of startups graduating from Z Nation Lab’s pre-accelerator boot camp. They had been gearing up tirelessly for the big day – Their Demo Day on April 15th,2017.
Demo Day is the day when Z Nation Lab shows off its fresh batch of Bootcamp graduates to investors and the venture capital ecosystem. IOT, AI and E-commerce were the prominent themes of the 11 startups that pitched that day. You can check out the pictures from the demo day here .
“Khoj – our curation engine for attracting quality startups across the country is working really well for us,” says Mr Jairaj Mashru – Venture Partner at Z Nation Lab, whose team has helped strategize and execute Khoj events across India to boost the recruitment drive of quality startups for the Bootcamp.
The demo day room at Microsoft India’s plush Mumbai office saw a full house as investors, mentors, venture capitalists, HNI’s and eager startup enthusiasts cheered and boosted the morale of the startups present that day. Microsoft was the venue partner for the event and has also been an integral technology partner with Z Nation Lab since inception.
Z Nation Lab’s focus on diversity amidst its Bootcamp graduates who demoed that day was quite apparent. “Right from IOT, E-commerce, Enterprise SaaS to Logistics.I have seen some really interesting pitches today at the event,” Farooq from Fao Ventures said in his feedback about the Demo day. “We would love to see some more women-led startups presenting in the future demo days”, another senior investor shared in his feedback. We had many other prominent investors by the name of Mr Ashesh Shah from Transcontinental Ms Nidhi Shraf from Indian Angel Network and many more during the Demo Day Z Nation Lab is taking this diversity feedback really seriously and is consciously going to curate and include more quality startups backed by women entrepreneurs.
Here’s an overview of all 10 startups that pitched at the Demo Day:
Connexis – Is an Internet of Things enabled Industrial Analytics company providing Manufacturing enterprises Real-Time visibility into their factory operations.
InteliTaap: InteliTaap provides Actionable In-Store Analytics for Retailers. technology analyses consumer behaviour inside the store without them having to switch on GPS, Bluetooth, Wi-Fi or even cellular data.
Feltso – World’s first of its kind Social review analytics artificial intelligence engine that reads tons of customer reviews and gives in-depth analysis of their opinions on any product or service.
ScoutMyTrip – is a Do-it-Yourself road trip planning ecosystem, with a vibrant community backing it, that helps you create an itinerary for your next road holiday, anywhere to anywhere in India.
Anaxee – ‘Anaxee Digital Runners Pvt. Ltd.’ is creating distributed ‘human’ network of 250000+ Digital Runners across India with reach in 650 districts, 600000 villages, and making this platform (feet-on-street) available via web dashboard and REST API.
Toch – World’s first video shopping platform. Lets users identify and shop from the video content directly be it fashion, travel or runway.
Cyrrup is an IoT Telematics Vehicle black box. It works like flight black box by analyzing driver’s behaviour and monitoring vehicle health thereby providing safety & security to vehicles and its occupants.
Quirktech is a Global Tech product platform for Indian Consumers and Businesses. Through a localised model, we give Indian
consumers real-time access to the latest tech products from across the world, thereby reducing the time gap for new technology entering India.
Orasi is a B2B, the Global marketplace for Syndication of content with more than 50 clients – TV Channels, Production houses, Mobile/VoD platforms – and are spread across 10+ countries.
Mutterfly – is a peer-to-peer renting platform that lets users rent items from people nearby and helps them earn by renting out their items. At Mutterfly, we are leveraging technology to make renting instant, convenient and more importantly a way of life.
Worrying about how to compete with those consistently expanding companies around you? Here’s how you can simplify the seemingly exhausting process. This is the right guide for effective competitive strategies in the digital world.
- Customer happiness– Apart from having great finances and masterminds, why do you think companies like Amazon unfailingly remain on the top position in the market? The solution is all fundamental- customer happiness. Your customer has to keep coming back to you. Set high expectations, because, customer satisfaction is old, customer happiness is new. Cater to the needs of your customer, be empathetic, and you are surely a few steps closer.
- Social media– It is a known fact that most of us spend a lot of time on the internet, precisely the social media. Facebook, twitter, Instagram- use it all, launch your campaigns on as many social channels as possible. Social media is one of the most easy, effective and promising ways to brand your company and attract customers. If you compare return versus investment, you’ll know the social media effort is certainly worth a shot. The investment is not really heavy, whereas the returns can be high.
- Website– This is a must. You need to have an appealing, informative and an easy to comprehend website, which is consistently maintained and updated. Customers always have a high preference for the easy to understand websites. Another advantage- you don’t really have to worry about heavy investments, because it’s only during the initial stages of the website.
- Personalize it– Have effective ways of communicating with your customers. Instead of saying ‘Hi customer’, you can actually use your customer’s name. Sounds silly, but works well. And when it comes to effective communication, apply the same strategy with your other stake holders. It will speed up the process. Also, avoid advertisements on your website. That will only add to the customer frustration.
- Analytics– Evaluation is necessary to evolve. So needless to say, data is the key. Have it handy all the time.
Implement these fundamentals, and you are good to go.
On-demand, self-drive bike rental platform, ONN Bikes has raised an undisclosed amount in funding from Grace Capital Ventures.
The company will utilize the funds to develop its technological base to further minimize human involvement in the routine ground operations.
Launched in May 2016 by Namit Jain and Shanky Munoth, the company provides two-wheelers on a rental basis to companies and individuals, alike. It claims to currently have more than 400 bikes on the road in Bengaluru, Gurugram, and Hyderabad and plans to deploy 700 more bikes in the coming few months.
Onn bikes have been accelerated at Z Nation Lab, a startup incubator and accelerator that focusses on startups with thrust areas including IoT, sensor technology, big data, robotics, MedTech, education, mobile, and payments.
The startup currently operates under two separate verticals catering to both B2B and B2C clients. For businesses, ONN provides commercially registered two-wheelers on lease rentals to logistic companies, food tech startups and other businesses. It also offers long-term lease options starting from six months to three years for the B2B segment. For the B2C segment, ONN provides a fleet of vehicle options, from non-geared scooters to high-end motorbikes.
The startup’s official website boasts of services like point to point connectivity, doorstep delivery and pickup of bikes, security systems, GPS tracking system, on-site accident assistance with comprehensive insurance coverage, bike accessories, and merchandise.
The company intends to expand its operations in Jaipur and Pune and to about 54 cities and tourist destinations in next two to three years. Previously, ONN raised $100K in its angel round of funding, according to an official statement. It also plans to introduce electric bikes and ride sharing feature on its platform.
Earlier in March 2016, Bengaluru-based bike rental startup Wheels treat raised $500K (around INR 3.4 Cr.) in a funding round from Broadbean Capital services, an early-stage, Seed and Pre-Series A venture fund. In October 2016, Hyderabad-based tech-enabled motorbike rental platform, Tazzo Technologies raised about $225K (INR 1.5 Cr) Seed funding from DSG Consumer Partners.
Other startups in this segment include WickedRide, Stoneheadbikes, and Rentabike.
Z Nation Lab has launched an incubation and accelerator program in Mumbai. It will focus on startups functioning in the US-India corridor.
The platform will also offer collaborative workspaces in Mumbai. It has already selected 20 startups for its first batch. Of the 20 selected companies, five will be taken further ahead in its accelerator program which will last for 15 months.
Besides helping with product development, it plans to provide mentors, chartered accountants, lawyers, application and web developers and social media marketing and support in pitching the ideas.
Z Nation Lab was founded by Anup Mehta, Khushi Jain and Neha Jain in April 2016. It focusses on startups with thrust areas including IoT, sensor technology, big data, robotics, MedTech, education, mobile, and payments.
Its average investment size ranges from $50K to $250K per startup. Owing to this investment size, Z Nation Lab will take 8% to 12% stake in the funded startups. According to its official website, it has affiliate centers in Pune, Jaipur, Bengaluru, Chandigarh, Indore, Chennai and Silicon Valley.
Anup Mehta, co-founder, Z Nation Lab said, “Of the 20, three to five companies will be finalised for an acceleration program that will stretch up to 15 months. The accelerator is looking for validated business ideas, with innovation in technology, which can be scaled with business acumen.”
Nitin Pradhan, founder, Washington DC-based Launch Dream Accelerator has been roped in as one of the mentors for the program. Salil Pradhan, Venture Partner at Draper Nexus Venture, is a board advisor at Z Nation, stated Mehta in an official statement.
The firm is affiliated with Washington DC-based Govonomy to help technology startups grow in the US market, and provide them with the opportunity to work with the US Government. It also claims to have more than 80 patents registered in the firm’s name.
Salil Pradhan, Board Advisor, Z Nation Lab, said he expects enterprise software and SaaS segments to see a resurgence in the Indian market. Z Nation plans to conduct a 45-day boot camp four times a year and select up to 25 startups in its affiliate centers for the accelerator program.
The firm is also in the process of getting registration from Atal Incubation Centers, which will provide it with $1.5 Mn (INR 10 Cr) for a five-year license to run the incubation centers.
Last month, in order to boost the hardware startup ecosystem in the country, the Indian arm of global tech company Intel decided to launch a hardware incubator program called Plugin. It has also tied-up with IIT-Bombay’s Society for Innovation and Entrepreneurship (SINE) and the central government’s Department of Science and Technology (DST), for a period of three years.
Following that, the Ministry of Electronics and Information Technology (MeitY) set up an incubation center ‘Electropreneur Park’ at University of Delhi, South Campus. It plans to incubate 50 early stage startups and create at least 5 global companies over a period of five years.
This development was first reported in VCcircle.