Startup news and updates: daily roundup (January 10, 2023)

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, January 10, 2023.

Startup news and updates: daily roundup (January 10, 2023)

Tuesday January 10, 2023,

7 min Read

Sanchiconnect collaborates with T-Hub to empower the ecosystem of global investors and enterprises

Sanchiconnect, a community for deeptech startups, investors, and corporates, has partnered with innovation hub and ecosystem enabler T-Hub to enable funding, market access, and talent support in program functioning and to empower the network of global investors and enterprises.

Sanchiconnect and T-Hub are collaborating to generate impact for startups, companies, and other ecosystem players. T-Hub has elevated innovation for national and global corporations, reshaping their business models for the better. T-Hub is constructing a future-ready innovation ecosystem in collaboration with innovation partners and enablers in Telangana, India, and throughout the world.

This collaboration will provide T-Hub-supported startups with increased access to a worldwide investor network as well as new business opportunities. In addition, T-hub deeptech startups will be able to use sanchiconnect's freshly released cloudHR to assist zero-cost tech recruiting. This collaboration will also broaden the scope of each entity's activities and accelerate the growth of the deep tech ecosystem.

Park+ raises Rs 140 Cr in Series C led by Epiq Capital, Matrix Partners India, and Sequoia Capital India

Simplilearn appoints Eric Martorano as CRO for its commercial business 

Simplilearn, the online bootcamp for digital economy skills, has appointed Eric Martorano as the Chief Revenue Officer (CRO) for its commercial business. 

Martorano brings over 25 years of experience working with customers and partners across the globe and has a rich background in scaling large global businesses. He is based in Seattle, Washington (USA). 

Martorano is a senior business executive with deep experience in driving global revenue strategy and go-to-market initiatives with a vision for providing exceptional customer experience through the intersection of people, partners, and technology. At Simplilearn, he will be responsible for leading and scaling the company's global commercial business which includes SMB through enterprise companies, as well as government organizations. 

With complete P&L responsibility, his core focus will be to accelerate business growth by owning the overall GTM strategy, leading sales and marketing, innovating in product and delivery for Simplilearn's business customers, driving excellence in enterprise operations, and nurturing customer relationships and business partnerships. 

Blockchain platform Tezos India partners with Graviton

Blockchain adoption studio Tezos India has joined hands with Graviton as Ecosystem Partners to provide active assistance to cohort teams on mentorship and insights, integration and technology support, and access to the Tezos community. 

Graviton is a cohort-based incubator for high-potential Web-3 businesses. The 16-week program will equip entrepreneurs with the knowledge of Web-3 first principles, allow them to work on problems with mentors, and give them access to funds and a smart network. Other well-known investors of Graviton include Stacker Ventures, Moonrock Capital, and 369 Capital.

Upon this partnership, more decentralised applications (dApps) are expected to be built on the Tezos blockchain. dApps built on blockchain gives users more control over their online experiences as a result, which can help minimise the risk of fraud and censorship. It is also expected that projects focused on blockchain infrastructure, Web-3 gaming, and various NFT use cases will apply. This could lead to the development of Web-3 games or NFT use cases, such as ticketing. 

Cuemath announces new leadership appointments

Cuemath has further strengthened its leadership suite with two key appointments - Rakesh Roy as Chief Customer Relations Officer and Sam Sancheti as Chief Strategy Officer and Head of Investor Relations. Working directly with Vivek Sunder, CEO, Cuemath, Sam and Rakesh will be instrumental in driving the company's next phase of growth and expansion globally.

With a focus on driving customer satisfaction with better data utilisation and processes at Cuemath, Rakesh will be responsible for fostering sustainable and long-term customer relationships by ensuring superior quality learning, delivered through the company's network of maths teachers and intuitive curricula.

Sam Sancheti will be anchoring and executing the business growth roadmap for the company globally. He will also be instrumental in owning and building relations with existing and potential investors.

Dozee partners with British International Investment

MillionICU, an initiative by Dozee, India’s AI-based contactless Remote Patient Monitoring (RPM) and Early Warning System (EWS), has partnered with British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, to upgrade 6000 hospital beds in ~140 public hospitals across India and in other regions to transform the public healthcare landscape.

The goal of Dozee’s partnership with BII is to improve access to healthcare across India and alleviate the workload of healthcare workers, reduce nurse burnout and fatigue in hospital wards. Dozee’s pioneering contactless remote patient monitoring and Early Warning System (EWS) in India saves around 2.5 hours of nursing time per patient per day.

Jidoka Technologies announces expansion into the European market

Jidoka Technologies, a leader in automated cognitive inspection for the manufacturing industry today announced Value Added Reseller Agreement with Cybernetics, a robotics-based automation company in Lithuania.

Jidoka’s QC solutions deliver complete automation of visual inspection, which is a highly subjective process. They automate the process of visual quality while increasing consistency and accuracy at high speed, by leveraging cutting-edge technologies. These include deep Learning algorithms, advanced image augmentation techniques, and edge computing for high-speed decision-making on complex problems.

Altigreen launches neEV Tez in partnership with Exponent

Altigreen, in collaboration with Exponent Energy, has launched a brand-new variant of its successful three-wheeler cargo EV neEV – the neEV Tez.

Featuring an 8.2kWh e^pack, a proprietary battery by Exponent built using regular LFP cell chemistry, neEV Tez delivers a 98 KM Range (ARAI Certified) and city drive range of 85*kms. It charges from 0 to 100% in 15 minutes at Exponent’s e^pump charging network, making it the world’s fastest charging electric vehicle.

neEV Tez starts at a price point of ₹ 3,55,000 with a vehicle warranty of 5 years/ 1 lakh kms and an unprecedented battery warranty of 5 years/1.56 Lakh kms. Earlier, in August 2022, Altigreen and Exponent Energy had announced their partnership aimed at making rapid charging a reality for electric vehicles on Indian roads.

Revfin onboards finance veteran Sushil Kumar Jain as National Head of Collections

Revfin, an advanced digital consumer lending platform underwriting financially excluded and underserved segments, has appointed finance veteran Sushil Kumar Jain as its National Head of Collections.

Sushil brings to the table a commendable industry experience spanning more than two decades and has excelled in many verticals such as Auto Loans, Two Wheelers, Consumer Durables, Personal Loans, Business Loans, Commercial Vehicles, Construction Equipment and Tractor portfolio. Over the years, he has helmed several leadership roles across many organisations like Toyota Financial, TVS Credit, Shriram City, Magma Fincorp & Satin Credit care.

In his new role, he will spearhead the National Collection Portfolio of all Revfin’s products to expand the company’s footprints across the EV financing space in the country and augment its product portfolio.

T-Hub and FalconX Launches Second Cohort of Global Immersion Program

T-Hub today announced the second cohort of ‘Global Immersion Program’ in partnership with FalconX, USA based technology accelerator organisation.

Global Immersion Program is focused to support Indian tech startups that are solving various business vertical challenges through their product or solution innovations. The strategically designed programme will enable selected startups to launch their products in the US markets The three-week accelerator program will select high-impact startups and enable them to expand their businesses.

The program will provide tailored business, technical,and leadership mentoring from over 40 serial entrepreneurs, investors, and experts from Silicon Valley. After rigorous training and mentorship to grow faster, the program will host a ‘Technology Day’ that will allow startups to pitch to more than 150 venture capitalists, corporate executives, and industry leaders.

Zoomcar appoints Ashu Singhal as Chief Technology and Product Officer

Zoomcar, the leading marketplace for car sharing in emerging markets, today announced the appointment of Ashu Singhal as their Chief Technology and Product Officer.


Ashu in his new role will be overseeing the overall product strategy and engineering execution to deliver great customer experience across all the markets where Zoomcar operates. Ashu is directly responsible for product vision and strategy, product design, product development, product marketing, user research and analytics functions.

(This article will be updated with the latest news throughout the day.)

Edited by Megha Reddy