Gurugram, Haryana, India:
The Circle: Founders Club (The Circle FC) is delighted to announce the first cohort of 13 high-potential startups from South Korea with some wonderful merchandise and options to discover synergies in the Indian market. The Circle FC has partnered with the Korea Institute of Startup & Entrepreneurship Development (KISED) for Okay-Startup Center 2022 India program.
After a rigorous utility course of, 13 startups starting from Edtech, Healthtech, E-Commerce, AI and Cybersecurity have been chosen on this cohort. The 16 weeks lengthy acceleration program presents a go-to-market engine to validate, scale modern concepts and present entry to business and distribution companions to set up their base in India.
This program is supported by KISED (underneath the South Korean Ministry of Startups and SMEs) and operated concurrently throughout 7 international locations I.e., India, USA, France, Sweden, Singapore, Finland, and Israel.
Talking about this initiative, Nemesisa Ujjain, Project Director of the Circle FC said- “This program is specifically designed to provide a holistic view of the Indian business environment and startup ecosystem, and reinforces our mission of connecting the world’s most promising technological innovations with India’s vibrant and competitive market.”
Over the years, The Circle as an innovation ecosystem has supported startups and companies which have succeeded in a number of fields globally like Artificial Intelligence, fintech, well being tech, IoT and D2C, providing a conducive atmosphere, serving to them to deal with core choices, and increasing market outreach. The goal has been to present them with momentum to set up a powerful place in the market, determine business alternatives, and construct scalable business fashions.
“Going forward our mission is to create the most impactful soft-landing platform for international startups looking to launch and find partners in India,” added Rajiv Bathla, CEO, The Circle.Work.
The 13 South Korean startups in the cohort:
- SchoiceHabsida
They are the first cross-border coding college in South Korea. They need to choose and practice Indian coders and builders on real-world coding tasks, and after ending the intensive course the college students get alternative to work with South Korean corporations and startups.
- UROCK Inc
URock has patented applied sciences to fully and securely wipe Windows and Mac methods. They additionally present providers for forensic restoration of proof from Windows, Mac, and Android units.
- Rezi
Rezi is an AI-based resume writing platform for college students and professionals. Their software program helps job-seekers create skilled resumes and cowl letters particular to the job description added by them, which helps them get seen by recruiters and hiring managers.
- WhoseGoods
WhoseGoods is an e-commerce startup working their very own B2C platform known as Sazaxa.com to promote Okay-Pop merchandise and different Okay-culture objects resembling Korean meals and magnificence merchandise. shopper items.
- Wordvice
Wordvice AI Proofreader is an automatic writing correction device that finds and fixes errors in all types of English writing. It is particularly made for researchers and college students to assist them in publishing analysis papers in scientific journals.
- PiQuant
PiQuant gives environmental measurement options primarily based on spectroscopy know-how. They have utilized for over 25 patents and 9 have been granted, and have launched Water Scanner- IoT primarily based water high quality analyzer, and ColiQuant, a easy equipment for E. coli detection.
- EnergyPlayer
EnergyPlayer is a Okay-beauty and Clean Beauty model primarily based in Seoul. They provide natural and vegan cosmetics and skincare merchandise which might be licensed by PETA.
- DenQ
DenQ designs & manufactures dental implant supplies and surgical devices. They work with upkeep clinic analysis institutes and universities to analysis, develop, and manufacture dental prostheses and devices for use in dental restore.
- LabSD
LabSD is a HealthTech startup that provides a conveyable ophthalmoscope which might be fitted with an upcycled smartphone. They have developed an AI platform by which they will detect early indicators of macular degeneration and age-related blindness.
- Kairos
Kairos has developed a platform for upskilling and reskilling cyber professionals, known as Purple Hackacademy. They additionally provide cybersecurity providers like pen check consulting, safety evaluation and audit.
- Mirinae
Mirinae leverages the most superior AI, pure language processing and app-development applied sciences to construct state-of-the-art, deeply-effective studying methods. They have developed an AI-based research support to assist study Korean as a language for English audio system.
- HiLokal
HiLokal is a multi-party reside audio overseas language studying utility utilizing Web Real-Time Communication (RTC). Their app facilitates language trade through which conversations are practiced straight with foreigners in the kind of a give and take.
- You Need Character
The Circle: Founders Club is a digital first business accelerator to assist scale up early-stage startups by centered mentoring, shared business providers, funding assist, key business collaborations and international entry. It is backed by Hunch Ventures, which has a portfolio of investments in extra of $100 Mn.
KISED is a component of the Ministry of SMEs and Startups (MSS), is an establishment specializing in offering assist to South Korean startups yearly by entrepreneurship teaching programs, monetary assist for commercialization, and international enlargement.
