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Oracle Opens Doors to New Batch of Indian Startups

By Ken Briodagh May 10, 2017

According to a recent announcement from Oracle, and following the launch of the Oracle Startup Cloud Accelerator Program in Bengaluru and subsequent expansion into Delhi/NCR, Mumbai and other international markets, the company already has successfully mentored and nurtured two batches of startups as part of this program in India. Oracle is now calling for applications from early-stage technology startups to join this program in Bengaluru, Delhi/NCR and Mumbai. Registrations are open and the group will start in September 2017.

The Oracle Startup Cloud Accelerator program provides startups with six months of training and mentorship, state-of-the-art technology, a co-working space, access to Oracle customers, partners and investors and free Oracle Cloud credits. Through this initiative, Oracle is looking to boost entrepreneurship, economic development and further the country's digital agenda. The initiative targets medium-sized firms, including startups, which encompass a highly vibrant and dynamic sector of the Indian economy, contributing more than 37 percent of India's GDP.

“We believe startups are at the heart of innovation. Supporting and building an efficient ecosystem for them is critical,” said Sanket Atal, Group VP, Development, Oracle India. “We've had the opportunity to nurture some great business ideas with the startups we've worked with in the first two batches. As we continue to promote cloud innovation, we also involve Oracle's global product development teams to identify opportunities where we can foster co-development. This is an exciting time for us and we look forward to continuing our support toward India's startup community.”

The Oracle Startup Cloud Accelerator Program offers:

• More than 125 hours of combined mentorship from Oracle and industry experts

• 24x 7 accesses to a co-working space within Oracle's premises

• Access to Oracle's ecosystem of customers and partners

• Ongoing interactions and sessions with the investor community

• Access to Oracle Cloud (including training), at no charge

• After completing the six-month program, the startups that have leveraged Oracle Cloud for their business may be eligible to continue using it for an extended period

“As a data science and predictive analytics company, the Oracle Startup Cloud Accelerator program has empowered us with cutting edge cloud technology to analyze massive amounts of data,” said Naveen Setia, co-founder, Farebond, one of the startups currently part of the program.

Oracle Startup Cloud Accelerator participants:

• ExpertRec has developed a machine learning-based, plug-and-play search and recommendation solution for online marketplaces

• NiYO Solutions is a fintech startup focused on alternate payment mechanisms

• Ray IoT Solutions has developed a mobile-based sleep monitoring device to detect infant healthcare dysfunctions

• Tydy provides a mobile first, automated employee on-boarding platform 

• Vear provides a device agnostic, augmented and virtual reality platform for content distribution and marketing

• ezeDox is a digital locker built on the Aadhaar ecosystem using India Stack building blocks to connect organizations and users. It provides digitally signed online applications, eKYC enablement, storage, collaboration, categorization, tagging, browsing, and document sharing. 

• Farebond.com is a data science and predictive analytics firm that provides dynamic price locks to hold airfares for undecided travelers, giving them more time to plan. It has an extensive risk management process to keep lock pricing attractive to end customers while mitigating the operational risks involved for air carriers. 

• Re#hash is a platform for the post-sales lifecycle management of consumer products. After a product is purchased, this app enables repair, service, renew, resale, or recycle in just a few clicks. This is a one-stop tool to manage products from cradle (date of purchase) to grave (end-of-life recycling). 

• Sonder Connect is a not-for-profit trust founded by four women who identify, nurture, and champion high potential women-led startups in India with the goal of growing them to be multimillion/billion dollar companies. 

• Trendlyne is a financial services advisor marketplace that provides equity scoring, analytics (including interactive charts with bullish/bearish/fundamentals indicators), custom alerts, and an aggregated business newsfeed.




Edited by Alicia Young

Editorial Director

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