Interactive Session by Mr. Samir Kumar, MD, Inventus (India) Advisors - April 20, 2015

Mr. Samir Kumar, Managing Director, Inventus (India) Advisors visited the IIIT Bangalore Innovation Center startups (from the I-INC & I-MACX programs) and shared his views and insights on how startups should pitch to a VC, and what VCs look for in a startup.

Inventus Capital Partners have financed and guided over 120 founding teams to dozens of successful IPOs or acquisitions, creating over $30 billion in aggregate wealth for founders and shareholders.

Some of their portfolio companies in the plethora of sectors are:

a) Mobile - Dhingana (Acquired by Rdio), Telibrahma, Spotzot

b) Ecommerce - redBus (Acquired by ibibo Group, 2013), Savaari, Power2SME

c) Services - Sierra Atlantic (Acquired by Hitachi Consulting, 2010), AsaanJobs

d) Internet Advertising & Software - Sokrati, Vizury Interactive Solutions Pvt Ltd, Espresso Logic, Inc., MoveInSync, Unbxd

e) Financial - FundsIndia, Credit Sesame, PolicyBazaar

f) Communications - Vivu (Acquired by Polycom, 2011)

g) Healthcare - InstaHealth

h) Education - eDreams Edusoft, Avaz

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The companies that attended the session were from the I-INC (Incubator) and I-MACX (Product Accelerator) programs were:

1) Chipmonk - Component and Platform-as-a-Service innovator enabling customer’s remote monitoring and control requirements and solutions.

3) EasyM2M Technologies - An enterprise grade wearable device for identifying "man down" and other such emergency scenarios.

4) Onlinerti - A facilitator for filing and receiving replies under the RTI act.

5) AbSimpl - A Chromecast-like device and associated software that facilitates consumption of education / healthcare video content on TVs.

6) Queryhome - A platform that enables interaction between citizens / customers and employees with the enterprise / government.

7) Clytics- An Energy-analytics firm that aims to offer a "personalized recommendation" on your electricity consumption (more on the lines of a personalized telephone bill - with detailed breakup and recommendations).

8) Srishti ESDM - An innovative and leading ESDM (Electronic System Design and Manufacturing) company to design indigenously sophisticated and hi-tech Electronic Products for rural and semi-urban India.

9) RedMed - To promote “consumer-centric care, consumer-directed health” and helping consumers live healthy lives.

10) Fragging Monk - Branded PC offerings that allows consumers to customize and mod their cabinet. Also creating a Fraggingmonk version of Steam OS which is a new open source Linux based OS designed purely for gaming.

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