VentureNursery is a Mumbai based angel-backed start-up accelerator that today announced its 4th batch of acceleration (see batch 3). Founded by Shravan Shroff and Ravi Kiran, VentureNursery coaches and mentors startups over the program and conducts a minimum of two boot camps in a year in Mumbai. At the end of each boot camp, successfully graduating start-ups are evaluated for investment by a group of angel investors. The accelerator claims to have received 250 applications for the fourth batch from 25 cities. 80% of the companies were in idea stage.
Here are the four graduating startups from the fourth batch:
1) InvenZone aims to make the intellectual knowledge discovery an easy task for scholars and researchers. InvenZone will solve complex problems for researchers and aims to save time in the execution of research. InvenZone launched its beta product in IIT, Bombay. It is growing steadily and planning to launch in other top tier universities soon.
It is founded by Vinay Kumar, a researcher and a graduate student from IIT Bombay and Deekshith, a techie from Bangalore.
2) SeekSherpa is a mobile marketplace for hyper local travel information and experiences. It aims at connecting travelers with locals and allows for the transfer of micro information points between like-minded sherpas. It will also curate and generate customized local experiences for travelers while empowering locals to meet travelers and earn pocket money through this medium. The mission is "To Make Travelers Feel as Comfortable as Locals." The venture is set to launch as a mobile app soon.
It is founded by two 23 year olds, Dhruv Raj Gupta, an ex-Googler Sukhmani Singh, ex-AT Kearney.
3) Supply Chain Exchange is a web based interface which allows the transporters to dispose their services and the shippers to procure them in real time. It interlinks the freight requirements of the shippers with the service offerings of the transporters in the industry to optimize and fast track the operations of both the parties.
The venture is founded by two young entrepreneurs-Mustafa Hatim Ali Dawood and Abi Talib Tidiwala both in their early twenties and worked few years with their family businesses.
4) TheLifeCard is an online loyalty program solely meant for Indian small and medium retailers. It aims to differentiate itself in the analytics space by the use of automated Big Data systems to deliver solutions to small retailers. It'll have modules for merchants to increase social media presence, referral systems and analytics, on top of the more common ones.
The team is composed of two IIT Bombay passouts with experience in creating financial data models (stealth mode). Gautam Srivastava is the third co-founder who previously worked with Infosys and KPMG.