JioGenNext
Nurturing homegrown enterprises
Our startup accelerator programme, JioGenNext, supports exceptional founders for launching their startups in the Reliance ecosystem. In FY 2020-21, remote acceleration became the new normal in our incubation platform, and we added 22 new startups into the ecosystem. Even during the pandemic situation, our startups were able to accelerate technological advancements, solve critical challenges, receive funding and prove their viability.
Virtual Demo Day
Organised virtually for the first time, JioGenNext’s virtual Demo Day in May 2020 witnessed startups pitching in real time to key stakeholders – investors, customers, mentors and Go-To-Market (GTM) partners with an audience of over 1,000 viewers. This also included an exclusive one-on-one virtual speed dating session between the startups and leading venture capitalists.
11,300+
Applications from startups and aspiring entrepreneurs
159
Startups engaged in total
US$270+million
Collective funding raised by alumni
50+
Engagements with Reliance
30+
Corporate partners and 85+ mentors
Alumni startups rise to the occasion
Keeping in line with Reliance’s ethos of service, several alumni startups contributed to fight the pandemic and support the nation.
For example, Dozee, a pioneer in contactless patient monitoring and early warning system using Artificial Intelligence, helped address the shortage of ICU beds in nine cities across India by enabling hospitals to convert 4,000+ beds into step-down ICUs in minutes. As COVID-19 returns in a second wave, Dozee has intensified its efforts with dedicated resources.
Similarly, JioGenNext startups LogiNext, HealthVectors, FlytBase, Clinikk, Drona Maps and CabDost also rendered their services during these testing times in service of the nation and its people.
Sectoral breakup of selected startups
AgriTech
10
Digital Consumer Services
12
Drone
2
EdTech
12
Enterprise Solutions
24
FinTech
32
HealthTech & Fitness
13
IoT
10
Logistics
9
Media & Entertainment
13
Network
4
Retail
13
Social Media
4
Robotics
1
JioGenNext Basecamp 4: 12th batch
The basecamp comprised 11 deep tech startups building transformational products in the areas of Industrial and Consumer IoT, AR/VR and SaaS.
The participating startups included:
AiKaan: A self-serve product to remotely monitor, manage and securely access edge devices and applications
Dozee:Converts any bed into a step-down ICU
FreightBro: Single integrated SaaS solution for freight forwarding agencies
Gumlet: An end-to-end media delivery solution that resizes, optimises and delivers images, videos
Legistify: A full-fledged litigation management system and legal services marketplace
Patch: Enables reliable communication between consumer apps and their end-users
Plutomen: A remote assistance product that uses AR over mobile / tablets
Taskmonk: Provides data annotation and labelling for data science / data engineering teams
UptimeAI: Bridging the gap between Artificial Intelligence (AI) and subject matter knowledge to deliver tangible business value for process industries.
Vadoo: Solves the problem of latency and rising bandwidth costs by using peer-assisted streaming
Vicara: Mixed Reality (MR) solutions for human interactions in digital space
JioGenNext Basecamp 5: 13th batch
The batch of 11 startups brought a unique combination of deep differentiation to drive commercial benefits and science-based innovation for public good.
They included:
30M Genomics: Platform for personalised drug based on rapid gene testing
Aikenist: Using medical imaging tech to deliver faster MRI scans
Dubverse: Auto dubbing for video content creators in multiple Indian languages
Embright: Virtual Reality based therapy for rehabilitating children with neurodevelopmental issues
Enhance: Remote design processing and prostheses 3D printing for rehabilitation of defective faces
HiPER: Saving diesel consumption by 10-15% by personalising ECU through OBD interface in cars and trucks
Krishitantra: Soil testing of nutrients and providing results to farmers at affordable prices
LinearSquared: Data science and advanced analytics for demand forecasting in retail/ online commerce
Rekord: Business keyboard with context based suggestions for WhatsApp and other chat apps
RightBot: Picker and transporter robots for retail warehouses for autonomous put-away, picking, replenishment, auditing, inventory management
ZedBlox: Smart cold storage device for last mile cold chain of health and medical products