Z Nation Lab hosts Lead Angels Annual Investor Meet

On Saturday, 9th December, Lead Angels hosted their Annual Investor Meet which was hosted by Z Nation Lab at Wework, BKC. Centrum Capital had sponsored this event which also included a Startup pitching session followed by short QnA round. This networking event consisted of as many as 30 members from the LA Mumbai network and around 5 members from Centrum Capital. There were talks from the leaders of each of the participating groups; ZNL, LA, and Centrum. One of the key LA Investors also shared his experience with everyone.

The event ended with an open interactive session over dinner and drinks. Events like these have been happening frequently and must be encouraged to bring in synergies that are the result of people coming together and ideas being floated openly.

Event Flow

  • Introductory note by Mr. Sushanto Mitra (CEO, Lead Angels) and brief welcome note by Ms. Neha Jain (Director & CMO, Z Nation Lab) and Mr. Nilesh Jain (Venture Partner, Z Nation Lab)
  • Two Companies made their investment pitch in front of the esteemed investors & mentors
  • Introduction of Centrum Capital products and services
  • Networking and Dinner

About Lead Angels

Lead Angels are India’s first privately owned angel network founded by a team of three, originally from IIT Bombay in 2014 with the aim of improving early-stage investment outcomes. The team accomplishes this by providing professional assistance to investor-members in company evaluation and the portfolio companies in their operations.

About Centrum Capital

Centrum is a diversified financial services organization with deep experience in financial markets. It has expertise in the Equity & Debt spectrums with capabilities in Equity Capital Markets, M&A Advisory, Corporate Finance & Advisory, Primary & Secondary Debt Placement, Project Finance and Corporate Debt Restructuring. Its retail arm provides integrated solutions for Private Wealth Management, Stock Broking, SME & Housing Finance. Centrum is one of the largest Forex Companies in India with a large presence at airports PAN India.

About Z Nation Lab

Z Nation Lab is a Startup Accelerator in Mumbai with the focus on the India – US Corridor. We have a team of prodigy mentors with 80 plus patents registered in their name and specialize in IOT, Sensor technology, big data, robotics, Med Tech, Education, Mobile, and Payments.

At Z Nation Lab we are predominately looking at Enterprise startups or a cutting-edge technology product that has potential to go global. Z Nation Lab has a very strong nexus to Silicon Valley with the majority of their board based in the US and our partnership with Access Silicon Valley enables us to connect startups and investors in more than 25 top startup destinations in the world.

Z Nation Lab partnered with 100 Open Startups

Z Nation Lab partnered with  100 Open Startups to provide a platform where startups can work and meet with the top executives across domains.

100 Open Startups is a network where large companies and startups interact in the pursuit of high impact innovations to society. The main expected outcome is to identify from a networked process each year the 100 most attractive startups within each market it operates, culminating in a face to face event hosted by a sponsor in an ‘Innovation capital’ within that market. The program is organized and operated globally by 100 OPEN STARTUPS INDIA.

This initiative between Z Nation Lab and 100 Open Startups will not only help startups work with top corporates but also deploy innovative solutions specific to the need gap.

100 open startups will also Conceptualise and execute the Level 3 Event, only upon the request by Z Nation Lab to conduct such event.

Varadarajan Krish – Managing Director of 100 Open Startups will be working closely on this project which will bridge the need gap and enable Indian startups to scale globally!

If you like to know more don’t hesitate to write it to us at anup@znationlab.com

 

We have also been featured at  BW Online Bureau

 

Z Nation Lab and Launch Dream have come up with a joint initiative to provide a platform for growth stage startups in India

Z Nation Lab has partnered with Launch Dream in the USA to provide a platform for growth stage startups in India. Startups will get access to Federal grants and contracts, will be able to apply for digital growth accelerator, founders will get to learn on-demand course structures in real time.

Z Nation Lab will be scouting companies across various domains and getting them ready for Launch Dream where the bridge between India and US market will be covered.

This first of its kind initiative in India and Silicon Valley ecosystem will not only let Indian companies establish a market in the US region but also get access to the best of the resources and funds the company said in a press release.

Z Nation Lab provides an ecosystem to tech entrepreneurs and startups to help them accelerate their growth. Z Nation Lab is an early stage startup accelerator which empowers entrepreneurs with capital, technical expertise, and network. It brings together high-quality mentors, subject matter experts, experienced professionals, investors and VCs under one roof to curate a community that offers an environment for innovation to thrive.

Z Nation Lab has partnered with Launch Dream in the USA

Startup members at Z Nation Lab benefit from office hours with a network of mentors, participation in programs and events organized by Z Nation Lab and its partners across the Globe, present at demo-days, pitch counseling, legal and tech consulting and connect to fortune 500 companies.

With headquartered in Silicon Valley, USA and office in India, Z Nation Lab is well connected in the Silicon Valley and Indian ecosystem to help Startups expand globally.

Z Nation Lab selectively invests seed capital in early-stage startups graduating from its startup Bootcamp program in addition to thousands of dollars in credit from its ecosystem partners like Amazon, Microsoft, Google, IBM, PayTM, SendPulse etc to help its members scale up their entrepreneurial ventures.

Z Nation Lab will be sending the first batch of startups in late 2018 from India.

Stay tuned for more information and application dates!

A New Era in India for Entrepreneurs and Startups Has Begun

Did you know the first business incubator opened in the U.S. in 1959? Now flash forward to today and there are more than 7,000 incubators worldwide. I believe the days of the “job work” mentality are thankfully waning. A real resurgence of entrepreneurial spirit, and more startup activity than ever before.

Z Nation Lab is not a typical incubator or accelerator, we have been helping startups with everything from technology, crafting pitches, gaining knowledge from advisors, networking, office space and obtaining seed money, well, in fact, we fund “play money” to build the MVP and scale through the first few customers.

We increase the success rate for a startup multifold; It’s also been found that “the survival rate of incubated firms can be more than three times higher than non-incubated firms.”, and Z Nation Lab provides that edge to be above the rest at an early stage of the startup.

The image of an entrepreneur is at an all-time high, so why would you continue to work in a job that you hate, or provides no satisfaction? With more people looking to making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere.

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Step into a new entrepreneur era where the definition of “work” is something you love. It’s not too late to start. But what happens after you’ve made it through your incubator? 90% of startups will fail, so here are 4 simple things to help you reduce those odds and grow your business.

  • Don’t start a company unless it’s an obsession and something you love. Create a disruptive business, ability to reach 800 to 1000 Cr of business in 7 years. Make something people want.
  • Choose your advisors, partners, mentors & incubator/accelerator wisely
  • Learn the right way to market you, your brand and the company
  • Focus on customer acquisition, not just financing. As an entrepreneur, you have to be OK with failure. If you’re not failing, you’re likely not pushing yourself hard enough

” Z Nation Lab is a catalyst for the innovation community,” said Nilesh Jain, Founder Partner, Znationlab.com, “We think we can bring all of it together to do something that is totally unique to this ecosystem, virtually clustering companies into vertical hubs is the best way to take this vibrant startup scene to the next level.” Putting them together will allow them to share advice and resources, including talent and customer leads.

IBM WILL PROVIDE CREDITS TO EACH OF THE PORTFOLIO STARTUPS AT Z NATION LAB

In its continuous effort to assist and also reward the Startup Community Z Nation Lab has partnered with IBM for its IBM Global Entrepreneur Program which equips Startups and Entrepreneurs with the go-to-market support, business mentorship, services, discounts, technical guidance and networking opportunities needed to quickly bring your solution to market fast on the industry leading Cloud platform.

The program offers IBM Cloud credits to qualifying Startups. For information about the program and how you can become a member, visit the IBM GEP site or get in touch with Z Nation Lab 

Broadly, IBM Global Entrepreneur Program provides IBM Cloud credits worth $1000/month on Softlayer for a year and $1000/month on Bluemix for a year for Startups having less than 5 years of operations and having revenue less USD 1 million.

Certain startups after going through additional QnAs and approvals may also be eligible for $10000/month for a year on Softlayer (www.softlayer.com) and Bluemix (www.bluemix.net) for a year.

Do get in touch with us if you are interested in joining this program.

Amazon Web Services will provide credits to each of the portfolio startups at Z Nation Lab

In 2006, Amazon Web Services (AWS) began offering IT infrastructure services to businesses in the form of web services — now commonly known as cloud computing. One of the key benefits of cloud computing is the opportunity to replace up-front capital infrastructure expenses with low variable costs that scale with your business. With the Cloud, businesses no longer need to plan for and procure servers and other IT infrastructure weeks or months in advance. Instead, they can instantly spin up hundreds or thousands of servers in minutes and deliver results faster.

Today, Amazon Web Services provides a highly reliable, scalable, low-cost infrastructure platform in the cloud that powers hundreds of thousands of businesses in 190 countries around the world.

We are proud to partner with AWS and bring their services to the doorstep of start-ups. AWS will provide credits worth $5,000 to each of the portfolio startups at Z Nation Lab exclusively to help them scale from their growth stage onwards. AWS will also assist with architecture support to startups that need to manage and use the platform to the full extent and build codes on their existing infrastructure.

We believe this will be a great starting point for all the startups who want to scale up quickly and effectively. You can choose from the Host of solution provided according to your own need,  including:-

  1. Application Hosting
  2. Backup Storage
  3. Content Delivery
  4. Websites
  5. Enterprise IT
  6. Databases

For more detail on the services offered visit https://aws.amazon.com/about-aws/

Amazon Web Services Partners with Z Nation Lab

About Z Nation Lab

Z Nation Lab provides an ecosystem to tech entrepreneurs and startups to help them accelerate their growth. We are an early stage startup accelerator which empowers entrepreneurs with capital, technical expertise, and network. It brings together high-quality mentors, subject matter experts, experienced professionals, investors and VCs under one roof to curate a community that offers an environment for innovation to thrive.

Paytm will be providing Startup support to the portfolio startups at Z Nation Lab

Z Nation Lab partners with Paytm: Startups end up spending a huge amount of transaction fees which can be utilized in multiple ways in an early stage company. Z Nation Lab partners with Paytm for helping startups reduce their regular transaction costs that they incur on a day-to-day basis.

Give your startup the Paytm advantage

  • Sell more: Accept payments from the widest range of customers – Credit Cards, Debit Cards, Net banking and 125 mn+ Paytm wallets.
  • Be sure: Paytm processes more than 90 million+ successful transactions every month with the highest success rate in the industry
  • Increase conversions: Get the fastest checkout experience with 30mn+ saved cards on Paytm, auto read OTP, and more
  • Quick Setup: Get up and running within hours with APIs, SDKs, Plugins and extensive documentation designed for developers.

Z Nation Lab Special Package:

  1. No transaction fee for the first 6 months, or Rs. 3 lacs (whichever is earlier) on Paytm Payment Gateway/ Wallet.
  2. Virtual Dev Support for the integration, No Setup or Annual fee.

 

SendPulse will provide credits to each of the portfolio startups at Z Nation Lab

SendPulse is a fast, intuitive, and affordable way to send emails, SMS, web push, and SMTP email that will help you grow your business and increase brand awareness.

Their goal is to provide you with a simple, high quality, and reliable way to communicate with your users. They are constantly working to improve our product with the goal to give our users the most time and cost-effective solutions for their business. They are constantly working on new products, and features, with the goal of delivering all the available up to date technology to our users. Our 24-hour phone and chat support is always available to walk you through any questions or issues as well as understand what additional improvements we can make to make this your number one marketing tool.

Partnership

SendPulse offers a credit of $5000 for email marketing to all portfolio startups at Z Nation Lab. That will help them reach out to the masses for better solution offering and being connected with all their clients with regular updates and exciting features.

About Z Nation Lab

Z Nation Lab provides an ecosystem to tech entrepreneurs and startups to help them accelerate their growth. We are an early stage startup accelerator which empowers entrepreneurs with capital, technical expertise, and network. It brings together high-quality mentors, subject matter experts, experienced professionals, investors and VCs under one roof to curate a community that offers an environment for innovation to thrive.

KHOJ

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 info@znationlab.com

Save on fuel cost post decentralization of the fuel rates on your next road trip

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

About ScoutMyTrip

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.
Scoutmytrip Image inside blog after content finishes

Here is how growth stage Indian startups can avail grants from Government institutions in USA

Z Nation Lab has partnered with Govonomy in the USA to provide a platform for growth stage startups in India get access to Federal grants and contracts.

Mr. Nitin Pradhan mentor and advisor at Z Nation Lab is the founder and managing partner at the Govonomy. He is an award-winning former CIO of the US Department of Transportation (US DOT) and an Obama Appointee where he provided IT leadership, vision, strategy, policy, and oversight for US DOT’s more than $3.5 billion annual IT portfolio.

Nitin has also been the IT Executive at Fairfax County Public Schools (FCPS) and the Managing Director of the prestigious Virginia’s Center for Innovative Technology (CIT), which is focused on technology-based economic development in his earlier career roles.

There are trillions of dollar of grants available to be disbursed every year, however, the irony is that many Indian companies who are eligible to access the grant, firstly, is not aware of such programs and secondly don’t know the process to get the sanction. With Govonomy.

Z Nation Lab will help innovative technology companies across various domains in India get access to such Federal grants.

If you think your project or technology can become eligible to get such grants, don’t hesitate to write it to us at anup@znationlab.com

Govonomy-01 (1)

 

Microsoft Azure will provide credits to each of the portfolio startups at Z Nation Lab

Microsoft Azure is a comprehensive set of cloud services that developers and IT professionals use to build, deploy and manage applications through our global network of data centers. Integrated tools, DevOps, and a marketplace support you in efficiently building anything from simple mobile apps to internet-scale solutions.

Azure supports a range of operating systems, programming languages, frameworks, databases, and devices.

  • Continuously innovate and deliver high-quality apps.
  • Provide cross-device experiences with support for all major mobile platforms.
  • Run any stack, Linux-based or Windows-based and use advanced capabilities such as Kubernetes cluster in Azure Container Service.

Partnership

All portfolio companies at Z Nation Lab gets access to $1000 in credits valid for one year which gets extended on the review of Microsoft Azure team. Microsoft also offers Bizspark program to all startups at Z Nation Lab on acceptance.

About Z Nation Lab

Z Nation Lab provides an ecosystem to tech entrepreneurs and startups to help them accelerate their growth. We are an early stage startup accelerator which empowers entrepreneurs with capital, technical expertise, and network. It brings together high-quality mentors, subject matter experts, experienced professionals, investors and VCs under one roof to curate a community that offers an environment for innovation to thrive.

Google Cloud Platform will provide credits to each of the portfolio startup at Z Nation Lab

Cloud Platform consists of a set of physical assets, such as computers and hard disk drives, and virtual resources, such as virtual machines (VMs), that are contained in Google’s data centers around the globe. Each data center location is in a global region. Regions include Central US, Western Europe, and East Asia.

This distribution of resources provides several benefits, including redundancy in case of failure and reduced latency by locating resources closer to clients. This distribution also introduces some rules about how resources can be used together.

Partnership

GCP for Startups is designed to help early-stage tech companies build and scale on Google Cloud Platform. They want to surround our net-new investments and existing portfolio companies with the resources and support necessary to build on Google’s infrastructure and accelerate their growth.

Startup Packages

Free Trial – $300 Starter Credit

Google offers a $300 free trial for all startups, which is a great place to start.

The free trial is available to startups in any country and provides $300 in credits to spend on all Google Cloud Platform products and services over a 60 day period. We recommend that you send companies here first, as it’s the best way to get familiar with GCP without starting the program prematurely (as credits are time-bound for 12 months). However, if you know the team well and believe they’re likely to need more credit quickly you may nominate them individually for the GCP for Startups Spark Package.

GCP for Startups Spark Package – $20,000 in Cloud Credits and more

The GCP for Startups Spark Package includes the following benefits for accepted startups:

  • $20,000 in Cloud Credits for one year
  • Technical Q&A Office Hours
  • 24/7 Gold Support
  • Firebase credits for 6 months (valued at $149/month)
  • Free Google Apps for Work for 12 months (valued at $60/user)

About Z Nation Lab

Z Nation Lab provides an ecosystem to tech entrepreneurs and startups to help them accelerate their growth. We are an early stage startup accelerator which empowers entrepreneurs with capital, technical expertise, and network. It brings together high-quality mentors, subject matter experts, experienced professionals, investors and VCs under one roof to curate a community that offers an environment for innovation to thrive.

Competitive strategy in the age of customer

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.

 

Ajinkya Belsare

Z Nation Lab Incubator Bike Rental Service ONN Bikes Secures Funding From Grace Capital Ventures

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.