500 Startups announces list of companies for Batch 6 – Five Indian companies feature

500 Startups has released the list of companies for the next batch of companies for its startup accelerator program. 28 companies feature in this batch, of which 20 companies are international.500_startups_logo It is the first time that 500 startups has invested in middle-eastern and African startups; 2 companies from Jordan and one from Ghana. Apart from this, five Indian startups have been selected as a part of the program.

We caught up with Pankaj Jain, 500 Startup’s venture partner in India to know more about the announcement and 500 Startup’s India focus –

YS: How did you go about shortlisting companies from India?

PJ: All the applications were made through Angel List, so all the short lists were mainly based on merit, as opposed to last year, which was mainly done through referrals.

YS: What are some things that are different about this batche’s Indian Startups as opposed to the ones in the previous batch? 

Pankaj jain
Pankaj Jain

PJ: Firstly, two out of the four Indian companies (Seat14A and School Admissions) have women founders. This is particularly important for me. Also of the five startups that have come on board, three (Pricebaba, Tushky and School Admissions) are focused on the Indian market and the other two are global facing companies.

I think the longer term opportunities for startups lie in India and I’m really happy to see more focus on India. While there are many who urge global startups from India, I believe that we should have global quality companies, which should solve local problems.

YS: How will a exposure to the US market help startups targeting the Indian market? 

PJ: I think the most challenges that startups face are the same, irrespective of geography. Helping startups overcome problems in distribution, design and the process of making data driven decisions is what we do and I think these challenges are relevant to Indian startups especially.

YS: Startups from Ghana and Jordan are two new additions to your portfolio. What was the thought behind it?

PJ: We at 500 Startups see the world slightly differently. We see it in terms of language and population centers and places like the middle east, China, India etc have a great language-population imbalance. For example, Arabic is spoken by at least a few 100 million people around the world and there is a huge opportunity to tap into by working with startups from these geographies.

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Here are the list of startups from Batch 6 –

Credii (India) – Software and services requirements business intelligence

Tushky (India) – Self­service online platform to monetize free time by offering interesting activities (read more) (India) – Location based product search engine (read more)

School Admissions (India) – Making school admissions and education tension free.

Seat14A (India) – A complete and affordable ensemble for the discerning man every week (read more)

AppSocially (Japan) – Social API to increase application virality

Binpress (Isreal) – Helping increase open source adoption in corporates

Boxc (China/US) – Ecommerce/Logistics solutions between china and US

Dakwak (Jordan) – Website translation technology

Dropifi (Ghana) – Web marketing tool

Feast (US) – Cooking School for the common man

Floqq (Spain) – Skill e-learning platform

Flyer (US) – Helps create beautiful flyers for real estate companies

Geekatoo (US) – Onsite tech support

GreenGar (US) – Real time mobile collaboration tool

InstaGIS (Chile) – Geographical information system for retail shops

KiteReaders (US) – Publishing platform for childrens books

KoiMei (US) – Algorithmic video transcription tool

Mayvenn (US) – Mobile commerce solutions for Salons

PinMyPet (Brazil) – Social based software for monitoring and improving experience between pets and owners

POPAPP (Taiwan) – App to fast sketch app prototypes

Reesio (US) – Turns the real estate transaction process into one beautiful flow for agents, clients, and third parties.

SeMeAntoja (Mexico) – We empower restaurants to accept orders online

Sverve (US) – Sverve is a self­service influencer marketing platform for small businesses

Tamatem (Jordan) – A culturally relevant mobile gaming development studio

TRDATA (Ukrain) – The Bloomberg for Emerging Markets

WHILL (Tokyo) – Personal mobility for wheelchair users and the elderly

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