Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

17 teams emerge as winners in ‘Build for Bharat’ initiative by ONDC, others

by | May 29, 2024

Bengaluru, May 29,2024:  Seventeen teams emerged as winners in the ‘Build for Bharat’ initiative, launched by the government’s Open Network for Digital Commerce (ONDC), in collaboration with Startup India, Google Cloud India, Antler in India, Protean and Paytm, it was announced on Wednesday.

Launched on December 4, 2023 across more than 50 cities, the ‘Build for Bharat’ initiative saw over 27,000 participants representing startups, companies and colleges from across the country.

The initiative was structured around three distinct categories.

The ‘NextGen Ventures’ category aimed at accelerating venture creation on the ONDC Network, specifically for early-stage and aspiring founders.

Six teams – Shopeg, OmniFlo, Zepic, Upaz, DPI corp and Zceppa – emerged as winners, securing non-equity grants of up to $40,000 each.

The eligible teams will also receive Google Cloud credits along with an opportunity to be inducted into the Antler India Residency Programme, with an equity funding of up to $250,000.

“The diverse array of solutions developed by participants from across the country showcases India’s immense potential to revolutionise the growing digital commerce ecosystem,” said T Koshy, MD and CEO at ONDC.

The ‘Scalable Solutions’ category saw four teams – Progmatic, Cyborg, Cydra Tech and oof — won the first prize of $7,500 each, while Harentortoise and Indexvoyagers won the second prize of $3,500 each. Eligible teams will also receive Google Cloud credits.

In the ‘Foundation Solutions’ category, five teams – Checkfirst, Faszen Tech, Pokleaniket927248, Phoenix, and The Sentient Squad — received $3000 (each winning team), while three teams – Morin, Pinpoint and Decap — received the second prize of $1,000 (each winning team). Eligible teams will also receive Google Cloud credits.

“The ‘Build for Bharat’ initiative has been a resounding success, serving as a testament to the power of collaboration and the collective genius of the Indian entrepreneurial ecosystem,” said Anil Bhansali, VP Engineering and Head of India Development Centre at Google Cloud.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

Climate Change to Affect the Poor More

Climate Change to Affect the Poor More

Asad Mirza International Labour Organisation’s (ILO) latest report reveals that half of the global population lacks social protection, exacerbating vulnerabilities amid the escalating climate crisis. Over 90% of individuals in climate-vulnerable countries are without...

Destroying Mosques is a New Pastime in India

Destroying Mosques is a New Pastime in India

Syed Ali Mujtaba New Delhi: It seems that after the destruction of the Babari masjid, the appetite for the demolition of mosques continues unabated in India. Media reports are agog with stories about mosques being demolished in Delhi, Haryana, Rajasthan, UP,...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *