As part of the Oracle Startup Cloud Accelerator Program, the finalists will receive combined mentorship from Oracle and industry experts, some of whom include CTOs and CIOs of established startups and other peer organisations
Oracle has announced the first group of startup finalists for the Oracle Startup Cloud Accelerator Program. The Oracle Startup Cloud Accelerator Program was launched in April 2016 at Oracle CloudWorld Mumbai to help catalyse India’s startup ecosystem and to provide support to the country’s Digital India initiatives.
After this rigorous evaluation, panelists chose these five start-ups:
1. ExpertRec: a plug-n-play search and recommendation engine for online market places in an easy to use SaaS integration. Customers need to add a single line of code to enable these advanced features on their website.
2. Niyo Solutions: a Fin-Tech startup focussed on alternate payment mechanisms.
3. Ray iCare: a sleep monitoring device, for Epilepsy, Sudden Infant Death Syndrome and Cardiac Attacks. It can be installed on a wall and uses Artificial Intelligence to notify attacks to care-givers through a mobile app.
4. Tydy: a mobile-first, automated employee on-boarding platform. It gives executives a clear view on the performance of the on-boarding process – a process that was never before quantifiable.
5. Vear: an AR/VR technology platform which is device agnostic. It can be used by brands to distribute their content, campaigns and more to end users through augmented/virtual reality.
As part of the Oracle Startup Cloud Accelerator Program, the finalists will receive combined mentorship from Oracle and industry experts, some of whom include CTOs and CIOs of established startups and other peer organisations. The startups will also get access to Oracle Cloud including training, at no charge. After completing the six-month program, the startups that have leveraged the Oracle Cloud for their business may be eligible to continue using it for an extended period.
“The entrepreneurial spirit in our country is going through a complete revolution. We see cloud technology playing a crucial role in enabling this change,” said Sanket Atal, Group Vice President of Development, Oracle India. “I would like to welcome these startups and look forward to working with them to build their business ideas for a better tomorrow.”
The Oracle Startup Cloud Accelerator is a first-of-its-kind global startup accelerator initiative by Oracle. Oracle India is leading the initiative for the company. The initiative targets midsize firms, including MSMEs (micro, small, medium sized enterprises) and startups, which are recognised as a highly vibrant and dynamic sector of the Indian economy that contributes more than 37 per centto India’s GDP.