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11 tech startups graduate from RIL and MS-backed platform

11 tech startups graduate from RIL and MS-backed platform

By PTI | Mar 12, 2016, 00.12 AM IST.

Reliance Industries and Microsoft Ventures backed startup accelerator The GenNext Hub today announced the graduation of 11 technology startups from the second batch of its accelerator programme.

The GenNext Hub enables entrepreneurs to build their companies through an immersive, four-month-long programme.

“At GenNext Hub we are supporting several of our startups from the second batch with strategic partnerships that will help them scale-up rapidly,” GenNext Chairman and RIL Board Member Raghunath A Mashelkar said.

The companies which graduated are Algo Engines, Creditseva, Curefy, Efficient Bazaar, eLoan, Fieldomobify, FiTicket, Noroc Solutions, Pickcel, Playfiks, and VDeliver.

Microsoft provides the platform for the programme.

“Our technologies power nearly 4,000 startups in the country today and we will continue supporting the startup ecosystem through our various programs,” said Bhaskar Pramanik, Chairman, Microsoft India.

Some of the startups that have graduated from GenNext have already made a mark in the ecosystem and have become business partners for Reliance and Microsoft, he added.