Today, India is one of the hubs of the startup industry. It ranks 3rd in the world after America and China. The Startups Funded by Reliance Through JioGenNext in India is growing day by day. But to run a successful setup it is very important that your idea is very unique and there are also some other factors investment is one of them. without proper investment, you can't run a startup for a long period. To run a successful start-up it is very important to raise some investment.
Reliance is one of the companies that invested in lots of startups, the company has invested in more than 170 countries. so, if you are also an entrepreneur and looking for an investor then you can go with reliance.
Here are the Top Startups Funded by Reliance Through JioGenNext
Asteria Aerospace
Asteria Aerospace is a Bengaluru-based robotics and artificial intelligence startup founded by Neel Mehta and Nihar Vartak. They build drone-based solutions where they offer actionable intelligence from aerial data.
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The Platform is specialized in security and surveillance applications, It provides solutions for military, paramilitary, and police forces with best-in-class performance and proven reliability in challenging environments. It also provides end-to-end solutions to industries where they can monitor their assets such as oil, gas, mining, construction, and agriculture. Reliance Industries is one of the investors in Asteria Aerospace.
Fynd
Fynd is one of the largest omnichannel ecosystem and multi-platform tech companies founded by Farooq Adam, Harsh Shah, and Sreeraman MG. The Platform has more than 1000 brands & created a rich suite of tech products.
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The Platform works from offline to an online model and provides several products ranging from men's and women's clothing to beauty and personal care products to home and living and baby care products. In 2019, Reliance acquired Fynd.
Milkbasket
Milkbasket is India's 1st & largest online grocery micro-delivery service founded by Anant Goel, Yatish Talavdia, Ashish Goel, Anurag Jain, and Ekwe Chiwundu Charles in 2015.
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The platform offers fruits, vegetables, milk, dairy products & many more, it has more than 5000+ household items. The platform has secured 38 million in more than 11 funding rounds from over 18 investors and 9 lead investors. Later it was acquired by Reliance for $40 million.
Radisys
Radisys is a telecom solutions provider founded in 1987. The platform helps service providers to drive disruption with new open architecture business models.
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RadiSys Provides several solutions that cover multiple business applications, like audio, video, and edge media. Apart from this they also provide networking solutions such as virtual and open RAN, and multi-access edge, in addition to AI ops services that encompass software customization and conceptualization. It was acquired by Reliance for $75 million in 2018.
Embibe
Embibe is an Edtech platform founded by Aditi Avasthi in 2012. The Platform provides educational services by using AI. The Platform helps students to crack competitive exams JEE and NEET or high school subjects.
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It also helps crack some toughest exams. They allow the student to analyze and track their progress through the course of preparation. Students can also send personalized feedback. The Platform has secured $196 million in 4 funding rounds from more than 4 investors and Reliance is one of them.
Netmeds
Netmeds is a Healthcare e-commerce platform founded by Pradeep Dadha and Bruce Schwack. It is one of the highly regarded online pharmacy firms.
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It offers several products in health care and care products. Some of their products are eyewear, surgical items, health supplements, first aid kits, skin treatment products, and healthcare devices. The platform has been acquired by Reliance.
C-Square
C-Square is a pharmacy management platform founded by Pradeep Chavan in 2002, It is specially designed to empower business. It is one of the popular platforms among pharma marketers and distributors with more than 35,000 active customers and 5,000 + corporate clients.
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It also furnishes users with sales force automation tools to boost efficiency and productivity, along with an excellent ERP for C&F Business, helping the automation of operations and effective inventory management. C-Square was acquired by Reliance and it has since operated as a subsidiary of Reliance, providing solutions for the pharmaceutical ecosystem.
Netradyne
Netradyne is a software development company founded in 2015. The platform wants to revolutionize the modern-day transportation ecosystem. Netradyne collects and analyzes more data points and significant insights compared to any other fleet safety company.
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This Platform helps customers to enhance employee retention, boost profitability, elevate safety standards, and achieve comprehensive transparency throughout their operations. The platform has secured $47 million from Reliance and other investors in December 2019.
EasyGov
EasyGov is a Govtech platform founded by Amit Shukla in 2015. It is the first GovTech startup in India that works for social protection.
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The platform provides all gov news related to schemes and programs which is launched by the Indian government. Users can interact with Gov with the help of EasyGov. Later it was acquired by reliance on an undisclosed amount.
KareXpert
KareXpert is a Haryana-based platform founded by Nidhi Jain in 2014. It is a Cloud-based Digital Healthcare Platform for Hospitals.
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The Platform offers Advanced HIMS, EMR/EHR, LIMS, RIS/PACS, Pharmacy, Telemedicine, Medical IoT, Advanced BI, Connected Ambulance, and many more. KareXpert has also built a comprehensive Managed Services model for hospitals, catering to both on-site and off-site support needs bringing complete peace of mind to the customer. Reliance has acquired a Digital Healthcare startup for INR 10 Crore.
Conclusion
Reliance Industries is one of the biggest companies in the world. The platform does business in multiple sectors, they have reliance on Reliance Mart. But it started as oil production and exploration. Now, it also invests in multiple startups and gives them their support and experience which helps them to grow.
This was our selection of the Top Startups Funded by Reliance Through JioGenNext. We hope this is useful to you. The order of this list is random.
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