IAMAI incubated start-ups raise Rs9 crore

24 Jan,2017



Six of the apps startups incubated at the Internet and Mobile Association of India (IAMAI)-sponsored Mobile10X Apps Hub in Bengaluru has raised Rs 9 crore of seed fund in the last 10 months. The six startups are: Highway Delite – founded by Rajesh G, who is an engineer and an MBA, is working to bring in the concept of cashless highway trip; Zoyo – founded by Jeeves Warni, a graduate and DOEACC (A Level) certified professional, is building digitalised parking across Indian cities; SpotPlay – founded by Santosh Kumar, who is an MBA in Finance, allows passengers watch videos without internet connection using its Patent Pending technology; Townista – founded by Paras Jain, an IIT Bombay alumnus, are changing the short trip segment by providing all-inclusive standardised experiential package; MyOfficeCab – founded by Prashanth Y, who is a B.E. in Computer Science, is a technology driven eco transportation solution; Adcamie: Founded by DilipVamanan, a B.Tech from NIT Calicut and Alumnus, IIMB, is a SaaS product designed to help simplify and streamline all media buys under one convenient platform.


In its first full year of operations, Mobile 10X has incubated 35 startups at its hub in Bengaluru and five startups at its hub in Hyderabad. Mobile10X aims to augment India’s developer base, quality and market by 10 times by 2019. This is being achieved by intervening at different stages and levels of Apps developers. Intervention of development is on 4Es – Educate; Engage; Evangelize and Enable, catering to Students, Beginner/Directionless Developers, Focused/Serious Apps Developers and funded/established developers.


The Government of Karnataka, T-Hub, Hyderabad, Google India, Paytm, VMAX and Facebook are the current patrons of Mobile10X.



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