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Y Combinator selects four Indian startups for Summer 2018 Demo Day

US-based seed accelerator Y Combinator announced the list of 132 startups selected for its recently concluded Summer 2018 Demo Day. Four Indian startups selected in the summer 2018 batch include ZiffyHomes, Leena AI, OkCredit, and Kyte.ai.

Last year, Y Combinator had selected eight Indian startups including Playment, Bulk MRO, Servx, WiFi Dubba, Supr daily, Dost Education, Credy, and DocTalk, for its Winter 2017 batch.

Let’s look at these four Indian startups in this year’s Summer 2018 batch:

ZiffyHomes

ZiffyHomes is a New Delhi-based home rental startup founded by Salil Agarwal, Sanchal Ranjan, and Saurabh Kumar in 2015. It is a technology-driven home rental marketplace, that lets customers rent homes without the hassle of brokers.

It provides a comprehensive solution using data analytics to help its users book a house of their choice. Various facilities offered online rent payment and the convenience to move across houses with ease.

Earlier this month the startup had raised ₹82 lakhs from Y Combinator.

Leena AI

Leena AI is a Gurugram-based AI-powered startup founded by Adit Jain, Anand Prajapati, and Mayank Goyal in 2015. The startup provides an AI-powered HR assistant to help employees with queries and improving their overall experience.

The bots can be integrated into Slack or Workplace by Facebook, building and training them by using the information in policy documents, along with data fetched from backend systems like SAP and Oracle.

OkCredit

OkCredit is a Faridabad-based credit account management platform founded by Aditya Prasad, Gaurav Kumar, and Harsh Pokharna in 2017. It provides a mobile-based solution for small business owners, along with their customers help them record payment transactions digitally across the country.

It digitizes the transactions and records, reducing the overall burden to maintain accounts on paper, also enabling on-demand visibility of records.

Kyte.ai

Kyte.ai is a Mumbai-based smart SMS app founded by Ravish Naresh in 2018. It uses a machine learning algorithm to filter spam and lets the user experience only relevant information.

Other features bundled in the app include banking alerts, travel bookings, online transactions, among others.

It raised around ₹82 lakhs from Y Combinator earlier this month.

Y Combinator invests $120,000 in selected startups twice a year, for a small stake in the startups. So far it has invested in over 1,900 startups, since its inception in 2005.

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Varun

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