Enterprise IT vendor Oracle today revealed the names of startup finalists from India into the Oracle Startup Cloud Accelerator Program.
The Oracle Startup Cloud Accelerator Program — launched in April 2016 at the Oracle CloudWorld Mumbai – will catalyze Indian startups.
The panel of judges including the advisors and mentors of the program, as well as executives from Oracle reviewed application to evaluate the business concept, level of innovation, scalability and potential to solve real-life problems for their customers.
Finalists will receive:
# Over 125 hours of combined mentorship from Oracle and industry experts, some of whom include CTOs and CIOs of established startups and other peer organizations.
# 24×7 access to a co-working space within Oracle’s premises, with internet connectivity. This will give startups the ability and flexibility to work around-the-clock. The space also includes an activity centre, a café and a creative, fun, healthy working environment.
# Access to Oracle’s vast ecosystem of customers and partners as they are encouraged to reach out to relevant businesses and markets.
# Ongoing interactions and sessions with the investor community to give them the right platform for growth and success.
# 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.
Who joins final list
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.
Niyo Solutions: a Fin-Tech startup focussed on alternate payment mechanisms.
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.
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.
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.
Startups can pitch their idea and showcase a demo to prominent technology investors and leaders on the last day of the program. Graduating startups will also be enrolled in the Oracle Startup Cloud Accelerator’s alumni program. The alumni program will get support to these startups, including on-going access to the mentor network and networking platform.
Qualifying startups will also fast-track membership into Oracle Partner Network, which now includes about 25,000 consultants, integrators, value-added resellers, and other similar firms that earned special access to Oracle demonstration environments, Oracle expertise, and joint marketing and sales programs.
The Oracle Startup Cloud Accelerator initiative targets midsize firms, including MSMEs and startups, that contribute more than 37 percent to India’s GDP.