Oracle bets on 15 Indian startups for its cloud accelerator programme

Oracle bets on 15 Indian startups for its cloud accelerator programme

Monday October 09, 2017,

4 min Read

Besides providing mentoring and advice, the programme elements include free credits on Oracle Cloud, access to Oracle’s technology, co-working spaces, and access to Oracle customers, partners and investors.

Oracle India recently announced a new batch of startups under its Startup Cloud Accelerator Programme in Bengaluru, Mumbai and Delhi. The third batch of cohort has five startups from Bengaluru and the first batch of five startups from Delhi and Mumbai each. They are a mix of artificial intelligence (AI), predictive analytics, automation, internet of things (IoT), Chatbots, machine learning (ML) and virtual reality (VR) technologies.

Sanket Atal, Group Vice President of Development, Oracle India said, “Oracle is committed to disruption, and tech startups are shaping the new business landscape. Bengaluru being the startup hub, we first launched the programme here and have now expanded to eight other centres around the globe.”

After the successful pilot in Bengaluru (in April 2016), Oracle’s Startup Cloud Accelerator programme is on a global expansion spree, expanded to seven additional cities – Mumbai, Bristol, Delhi-NCR, Paris, Sao Paulo, Singapore and Tel Aviv. These centres had launched their first cohort at the same time as Bengaluru’s third batch.

Besides providing mentoring and advice, the programme elements include free credits on Oracle Cloud, access to Oracle’s technology, co-working spaces, access to Oracle customers, partners and investors.

Sanket said, “The startups with top talent can leverage Oracle’s technology and the crucial go-to-market access. We have large enterprise customers and we work on a robust systematic approach to help them get tremendous propositions.”

Oracle also helps them in product management and proposition. It helps the client in understanding the market and environment, while they map their products to Oracle’s customer needs.

So far, 11 startups have graduated in Bengaluru and have seen success in their domain. Sanket said, “One has gone into mass production, another received third-party funding and international orders, while others have been approached by investors and organisations for possible acquisition. Most startups are also using Oracle’s enterprise-grade cloud platform and infrastructure to power their business.”

Sanket Atal, Group Vice President of Development, Oracle India

The programme saw applications from over 3,000 startups and here is a brief of selected five in Bengaluru centre:

Dressire is an AI and advanced analytics-based solution by Innowave E Ventures Pvt Ltd, that enables real-time personalisation for shoppers (online and offline) targeted toward malls, retailers and brands.

MusicMuni is the provider of an AI-powered pocket music guru, Riyaz, which helps people sing in a gamified environment, giving instant visual feedback.

SafeHats helps enterprises create and run customised bug bounty programmes to drive an inherent security culture within the organisation.

StatDecisionLabs provides a machine learning driven big data product that automates credit management process and enables lenders to lower delinquencies, increase cash flow, improve approval rates and offer better provisioning.

Teknospire is a fintech startup driving financial inclusion for every individual, to build a cashless society. It offers a 360-degree banking solution through advanced technology deployment for consumers and financial institutions.

The chosen startups from Mumbai are:

Disprz, a “knowledge-tech” startup, focussed on helping enterprises achieve more business impact by enabling their workforce to integrate knowledge into their daily work. Disprz aims to make the workforce more knowledgeable, productive and smarter by leveraging technology paradigms like social, mobile, cloud and analytics.

KiviHealth, an online healthcare marketplace, serves as a one-stop healthcare partner by making interactions between different stakeholders - patients, doctors, laboratories and pharmacies easier.

Iphawk, provides an advanced AI-based SaaS platform that allows businesses to protect Intellectual Property (IP) like trademarks, brands and content.

DoLoopTech provides automated clinical analytics software solutions to the global life sciences and pharmaceutical industry.

Moneytor is leveraging machine learning and proprietary algorithms to make the currently fragmented stressed receivables market more efficient by improving default recovery rates.

Here is a brief of the startups for the Delhi centre:

INICU enables early diagnosis of critical diseases in newborns by leveraging IoT, AI and predictive analytics, helping improve the overall quality of healthcare.

RepUp provides a unified approach for online reputation management for companies in the hospitality industry, using an intelligent process automation solution.

Original4sure provides anti-counterfeiting and advanced tracking supply chain solutions to enterprises in the manufacturing sector.

Digital Agents Interactive provides interactive enterprise solutions by creating innovative 3D, AR, VR enterprise products and solutions for marketing, sales and training.

ChatterOn provides an end-to-end chatbot development platform for companies to deliver a truly omni-channel experience.