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[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space
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[Report] Pune Startup Pulse - Putting the Spotlight on the Pune Startup Space

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Pune Startup Pulse is a YourStory.in initiative that was a campaign run for more than a month to put focus on the Pune Startup Ecosystem. This is the report which is the outcome of the campaign.

Pune Startup Pulse is a YourStory.in initiative that was a campaign run for more than a month to put focus on the Pune Startup Ecosystem. This is the report which is the outcome of the campaign.

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  • 1. Pune Startup PulsePutting the spotlight on the Pune Startup EcosystemA showcase of 12 promising startupsA YourStory.in Initiative 1
  • 2. Presenting the “Pune Startup Pulse”- Bestfrom the Pune EcosystemThe big 3 cities for startup activity are Bangalore, Mumbai and NCR, but a host ofother cities are evolving today: Pune, Chennai, Hyderabad, Ahmedabad and others.Pune is one of the biggest hubs for talent owing to the large number of colleges inthe city, a friendly climate and a vibrant outlook. It has the potential to become astartup hotspot in India.The “Pune Startup Pulse” is a YourStory.in initiative to spotlight companies based inPune, Maharashtra.The announcement regarding the initiative that intended to focus on the Punestartup ecosystem was made on the 18th of March, 2013 and responses were takenin for a period of 3 weeks. Pune Open Coffee Club and Pune Tech channels enabledthe primary engagement and in the timeframe, we got close to 150 responses fromstartups.2
  • 3. 1. Overview1.1 How old are these startups?The startup scene in Pune has companies that were started in 2000 to ones startedin 2013 (that responded to the survey). A large chunk of the startups were foundedin 2010, 2011 and 2012.3
  • 4. 1.2 How many are bootstrapped, how many funded?Funding is necessary for a fast growing startup ecosystem and it is crucial for startupslooking to scale up quickly. Even though closer to Mumbai, home to many investmentfirms, Pune seems to be facing problems in this aspect. A lack of angels in the city is abig drawback according to many.In the survey, respondents rated raising money to be 6.56 where 10 means that it isvery hard to raise money and 0 means it is very easy.4
  • 5. And here is the breakup of the respondents:The funded companies include all those who have raised money via institutionalfunding, angel investments or bank loans.Of late, more institutional investors are putting the focus on Pune. Helion haspledged $25 million in Pune based entrepreneurs.5
  • 6. 1.3 How do Puneites hire?Pune is home to hordes of colleges and universities, many of which churn outengineering talent. Wikipedia lists more than 40 engineering colleges that exist in theregion and apart from these, that are many that are in different disciplines. Althoughthis huge talent pool is present, majority of them don’t possess a startup mindset.These colleges haven’t fostered entrepreneurship and graduating students look fortraditional comfortable jobs. Culturally, as a whole, an average Puneite would stick to aconventional job.And this makes hiring a challenge. On a scale of 0 to 10, Puneites gave 5.58 to hiring-10 being very easy to hire while 0 being very hard.6
  • 7. 1.4 How easy is it to startup in Pune?India as a whole hasn’t been rated as a very good place to startup in and wasplaced at a lowly 132nd in the world. Having this at the back of the mind, Puneitesrated Pune as 7.11 in terms of ease of starting up which is an encouraging figure.Relatively cheaper infrastructure costs along with good connectivity, pleasantweather and a growing economy, make the city a good place to startup.7
  • 8. Here are where the startups in Pune are based:(An average 3 BHK in an area like Aundh or Baner would set you back by INR 25-30k a month)8
  • 9. 1.5 How vibrant is the Pune Startup Space?Puneites gave this a rating of 5.65 (10 being very vibrant) which clearlysuggests a lack of activity. Two of the biggest proponents in the Puneecosystem have been the Pune Open Coffee Club and Pune Tech whichorganize events and keep the Pune flag flying.There are other efforts which have smaller specialized communities gettingtogether and exchanging ideas too but there are clear signs of a need for moreactivity. In the recent past, in50hrs has been in Pune and we’ve been to Punewith our Workshops, Mixers and TechSparks RoundTable (2013 campaignbegins mid may) and the activity is only picking up now. Many more events ata bigger scale need to happen to create the much needed vibrancy.9
  • 10. (A snapshot of the most active Pune Startups group on LinkedIn)10
  • 11. A Snapshot11
  • 12. 12 Pune Startups to LookOut ForUndergoing this exercise, we’ve picked the top 12 startups which we think will go on toachieve much greater things.The startups have been chosen on the following parameters:Team and past recordIdea and InnovationMarket SizeCurrent Execution StageThe 12 companies along with a snapshot have been listed from the next slide(alphabetically).Note: These are all relatively young companies. A list of 10 companies from Pune who have crossedthe series A stage can be found here.12
  • 13. 1) Appacitive: Appacitive makes app development simple. Appacitive providestheir client with ascalable backend for their app by ‘white boarding’ the client’smodel on their visual designer and publish it to the cloud. With Appacitive, appdevelopers can create integration ready services for data and user management,geo-location, email & push notifications, aggregates and much more. Appacitivehas open source SDKs for iPhone, android, JS and .NET.Founders: Neil Unadkat, Nikhil Prasad and Yetesh TokasTeam strength: 12Traction: 500+ signed up customersWebsite: http://appacitive.com/13
  • 14. 2) Chauka: Chauka is the cricinfo for local cricket. They aim to score every non-BCCI match and provide amateur and semi-professional players with detailedpersonal cricket stats.Founder: Manoj IragavarapuTeam Strength: 8Traction: 5000+ Cricketers, 580+ Teams. Marquee clients: Dr. D.Y. Patil SportsAcademy, Maharashtra Cricket Association, Pune District Cricket Association,Karnataka Institute of Cricket.Website: http://chauka.in/14
  • 15. 3) kPoint: kPoint is an online multimedia video creation and collaboration platform.kPoint makes videos easy to create, engaging and discoverable on search enginesand kPoint platform.Founders: Shridhar Shukla, Sunil Gaitonde, Atul NarkhedeTeam Strength: 30Traction: 40 + customers, 30,000+ registered users. Marquee clients: Kirloskar,Thermax, Cognizant, BMC software and Tata Quality.Website: http://www.kpoint.com/15
  • 16. 4) MangoReader: MangoReader is on a mission to make books interactive,engaging and fun. Trying to reinvent the way people learn, Mangoreader hasinteractive books, apps and it even lets the user create books.Founders: Jagdish Repaswal, Ramesh Velusamy, Jaya Dhameja, Pavan MulikTeam Strength: 12Traction: MangoReader is being used in over 1000 schools by teachers andstudents to read, play and interact with ebooks.Website: http://www.mangoreader.com/16
  • 17. 5) MindTickle: MindTickle is a web-based learning platform that combines the powerof “social”, "mobile", “cloud” and “gamification” to make enterprise learning moreefficient and effective. MindTickle unlocks the value of existing training content such asPPT, PDFs, videos and e-learning by turning them into engaging and well-structuredinteractive training suited for the needs of the next generation employee.Founders: Deepak Diwakar, Krishna Depura, Mohit Garg, Nishant MungaliTeam Strength: 15Traction: 20+ clients; 20,000+ employees have used the productWebsite: http://www.mindtickle.com/17
  • 18. 6) MyOpenCampus: MOC works with a belief that they’ll help India adopttechnology quickly via which education can be taken to the masses. The opencourseware portal- MyOpenCourses is an interactive channel to access more than11000 hours of content created by the top Indian universities and academiciansincluding the IITs and IISC.They also have a product- MyOpenCampus, which is aFree Campus Collaboration tool that brings offline campuses online.Founders:.Akshat Shrivastava and Arun PrabhudesaiTeam strength: 8Traction: My Open Campus has been implemented in 15 Educational Institution andColleges and over 40,000 students use it. MOC has tied up with 4 Tablet / Mobilemanufacturers to put up My Open Courses on their tablets. Nearly 10,000 My OpenCourses Android apps have been downloaded within first month of launch.Website: http://www.myopencampus.in/home18
  • 19. 7) Qualitia: Qualitia Software is an independent software test automationproduct company. Qualitia brings the power of simplicity to adopt testautomation in the most effective way. It is an innovative script less testautomation platform for multiple test automation tools and applicationtechnologies.Founders: Rahul Chaudhari, Sudhir Patil, Ravi Nukala and RajmeetChhabda.Team Strength: 33Traction: 25+ customers. Marquee clients: Parametric TechnologyCorporation, Sears, Pitney Bowes, Bombay Stock Exchange, United NationsOrganization.Website: http://www.qualitiasoft.com/19
  • 20. 8) RainingClouds Technologies Pvt. Ltd: The first product from RainingClouds isAppSurfer, a product that lets users try android apps before installing them. Userscan try apps on the browsers of all devices(tablets, smartphones, desktops).Founders: Aniket Awati, Amit Yadav, Akshay Deo and Ratnadeep DeshmaneTeam strength: 9Traction: 150,000 + App Session runs, 3000+ Apps, 5000+ Developers, 6000AppSurfer Mobile App DownloadsWebsite: http://www.appsurfer.com/20
  • 21. 9) Rolocule: Rolocule Games is an independent game development and researchstudio. Rolocule is dedicated to creating high quality console-like interactiveentertainment software for next generation platforms like smartphones andtablet.Founders: Rohit Gupta, Anuj TandonTeam Strength: 15Traction: 2 million+ cumulative downloadsWebsite: http://www.rolocule.com/21
  • 22. 10) SaveTime: Savetime was founded with a vision to bring patient-centricinnovation to the masses in a simple manner saving their time and money. As a firststep, Savetime is focused on helping migrants in large cities find the "right" doctorbased on a simple conversation about their symptoms, problems or needs. Savetimeis available on the web, over the phone and for Android smartphones.Founders: Mitesh Bohra, Siddharth Sethi and Avinash Sethi.Team strength: 15Traction: 2600+ doctors practicing in 2800+ locations in Pune listed on theplatform, 400+ registered patients in 4 months.Website: http://www.savetime.com/22
  • 23. 11) ViralMint: ViralMint is a viral marketing platform that helps businesses acquirenew customers, increase sales, improve conversion rates and build up engagement.Founder: Rohan DigheTeam Strength: 8Traction: 10+ paying customers with 50 more who have signed upWebsite: http://www.viralmint.com/23
  • 24. 12) Volare Technologies Pvt Ltd.: A technology product company, IntouchApp istheir first product. IntouchApp keeps the user’s phone contacts automaticallybacked up, syncs them across devices, and keeps them up-to-date automatically.Founder: Sarang LakareTeam Strength: 4Traction: IntouchApp has been downloaded over 100,000 times across 185countries. We are currently managing over 25,000,000 contacts.Website: http://www.theintouchid.com/magic/24
  • 25. About YourStory Research:YourStory Research is the research division of YourStory Media Pvt Ltd that focuseson market research, market intelligence and consulting in the startup eco-system inIndia. YS Research is focused on providing well researched market analytics to clientslooking to make decisions and investments in the ecosystem. YS Research specializesin primary market research, surveys and commissioned reports that generate insightsinto startups, investors, venture capital funds, entrepreneurs, startup employees,incubators, technology and service providers and all other connected players in theIndian startup scene.You can get in touch with the research team at research@yourstory.in and for thisparticular report which was spearheaded by Jubin Mehta, you can reach out tojubin@yourstory.in.25

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