#techsamvad game changers

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TechSamvad: A regional content platform for all latest tech news & reports

With a surge in smartphone penetration and data consumption across India, local language content consumption has increased drastically. And as digital media is at a nascent stage in India, it becomes a fast-growing domain for startups as well.

At a time when content consumption is registering dramatic growth and the platforms for consuming real-time information are still to be unified, TechSamvad has delivered high-quality content to users.

Founded in 2017 TechSamvad is the only Media Platform reporting in Technology, Startups, and Business domain in Hindi. The idea behind TechSamvad is to make relevant technology news from across the country and around the World, reach the masses in their own language.

The current trend gives more confidence in the growth of vernacular content and regional language content digitally. The consumption of local languages has seen a huge upward trend in recent years and the platform aims to provide global tech news in the native language of our country, to make Indian citizens truly global and have access to the news from across the World.

Since internet data is cheapest in India [₹18.5/GB (2018), ₹3.4/GB (2019)], its become a driving fact to help rural India in digital's adoption in terms of regional content curation and the consumption.

Also, the digital content consumption is expected to double, with over a billion of the population having a smartphone by the next decade. According to TRAI, 94% of the urban population in India has internet access; but only around 24% of the rural populace has the same.

KPMG analysis suggests that consumers spend 35-43% of their time on regional videos on digital platforms. The cost to develop regional content is 30-40% lower than that of Hindi and has a larger viewership, reported by Financial Express.

In this scenario, the vision of creating a tech news platform in Hindi, and then expanding to more vernacular languages is something that can truly be a game-changer nowadays. Other than text, TechSamvad has also forayed into podcast shows (Hustle Talk), original video shows (The Classic), short sharable content (Honest Writer), TechSamvad Academy, etc.

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#TechSamvadGameChangers: Join Top-10 Local Startup in the EdTech Region in the year 2020

There is no doubt that while COVID-19 has resulted in huge economic losses to many sectors, there have been some areas which have seen dramatic growth. And one of them was Ed-Tech.

The recently introduced RedSeer and Omidyar Network India believe that the online education offering sector for classes 1-12 alone will increase 6.3 times by the year 2022, touching a figure of $ 1.7 billion. From BYJUs to Unacademy, growing users on platforms and the huge investment these startups receive from investors, clearly illustrates the potential of the online education world.

And that's why this time in TechSamvad Game Changers, we have brought for you to join the Ed-Tech sector of India, such startups are fast growing their feet in this world.

1. ClassMonitor

Launched in March 2016 by Vijeet Pandey and Vikas Rishishwar, ClassMonitor is actually working to provide learning experiences to young pre-school children through Do-It-Yourself (DIY) kits. Through this, parents get the facility to create a great learning base while keeping their children away from TV, mobile etc.

In addition, this platform also serves as a means of communication for parents and teachers. Their learning kits come in four different products for children from 1 to 8 years old. Each box includes over 200 DIY activities, including items such as flashcards, rhymes, stories, fun worksheets, art supplies, and children's game plants, animals, etc.

Along with this all these boxes come with the membership of the ClassMonitor app. This app has AR / VR (virtual reality) feature and a QR code scanner. As such, you can scan the QR code given in every worksheet and see the steps to complete it there.

2. Entri

Entri, founded in 2017 by Mohammed Hisamuddin and Rahul Ramesh, offers people a variety of local languages, mock tests, flashcards and video lectures etc. to prepare them for government and private jobs. It currently offers more than 150 courses for government recruitment exams and upskilling courses in Malayalam, Tamil, Telugu Kannada and Hindi.

If the company believes it will touch the figure of 5 million users in 2020 and is aiming for 10 million users in the next 18 months. According to a report, the company has some 3 million users on its platform sometime back, out of which 90,000 are customer pads and it is adding 10,000 new users to its platform every day.

3. Cuemath

Cuemath, founded by Manan Khurma in 2013, operates a Maths-related program for children from Asal KG to Class 10. And offers its services in both home-based centers and online portals. These classes are managed and conducted by trained and certified Cuemath teachers from premier institutions such as IIT and Cambridge University.

In addition, this model helps children to improve in Maths as well as provides home-based career opportunities to educated women and qualified housewives. In fact, these women set up home-based centers to teach the children of the neighborhood, and these centers are run independently, and it is the women who decide the time of the students.

At the same time, Cuemath partners with these teachers and provides students and teachers with the right teaching materials and a Cuemath tablet. Its live online classes are for children between grades seven and ten and include slightly more difficult courses.

4. IndigoLearn

IndigoLearn is a Hyderabad-based accountancy-focused ad-tech startup. This startup uses new technology and animation techniques to make the accountancy course easy and fun. IndigoLearn was founded in 2017 by Sriram Somayajula, Sathya Raghu, Suraj Lakhotia, Sarat Velumuri.

IndigoLearn offers over 200 hours of CA Foundation e-learning modules through its Android app '1FIN'. This makes the study even more interesting by using story-based methods along with film visual effects.

With online notes, answers to online questions, student forums and many such new features, it prepares students for the CA exam. According to the company, it has covered more than 850 hours of great and visual rich content for CA Foundation and CA Inter students.

5. Asmakam

The Indore-based startup was started in 2015 by a mother-daughter duo. Asmakam, started by Archana Gehlot and Maitreyee Gehlot, has developed into a community of like-minded parents who share empathy, resources and experiences with each other.

Asmakam helps parents in building their own learning resources. In addition to connecting them with experts, it also provides a lot of support towards self-led open education for their children.

It also guides parents in things related to lifestyle changes, with the changes coming in the way of teaching and educating children.

It has also made its activities online due to COVID-19. Between Indore and Coronovirus lockdown, the platform reached 400 families across India through a platform webinar, virtual meeting, consultation session.

6. Instasolv

Instasolv is a doute-solution app for students of classes 6 to 12 for science, maths, English, social science, etc. Students can take a photo of their questions and get their answer within few seconds by submitting it in the app. It currently has 7 million questions and answers, and answers about 100,000 questions on a daily basis.

In this app, students of other boards including CBSE, ICSE, UP board can also ask their questions. Along with this, you can also get answers to the questions related to the IIT-JEE and NEET exam here.

The Noida-based startup was founded by Aditya Singhal, Nishant Sinha, and Bahul Arora. Its founders believe that students face a lot of challenge in solving various questions, especially in mathematics and science. It is estimated that Indian students post about one billion problems (dout) on the Internet every day.

7. NoPaperForms

Started in 2017, NoPaperForms works to empower educational institutions by modifying enrollment, etc. in the admission process. This startup decided to step up in this direction in view of the management scattered in educational institutions.

In this direction, the company made the task simple for educational institutions in the country by making the registration process easy and accurate. NoPaperForms processed nearly 20 lakh applications and recorded millions of transactions through its platform as well as saving huge amounts of paper.

This company believes in providing a better user experience to students who are interested in coming to the platform and submitting their applications.

In fact, the company competes with IT firms, which offer ERP solutions for entering multiple stages in an educational institution. But NoPaperForms differs slightly as it covers all stages of entry on a single platform with a set of total services. Naveen Goyal and Suraj Supra are among the people who made this company.

8. ActiPass

ActiPass is the largest aggregator of Extra-Curricular Activity in Vapi. ActiPass allows both children and adults to click on a button to find 30+ activities happening in and around Vapi.

This startup was started by Kunal Shah and Kunal Dedhia with the aim of connecting children with workshops and other activities happening around them. So that he and his parents can easily detect these activities. ActiPass is currently targeting cities such as Vapi, Surat, Mumbai, Ahmedabad, Pune.

9. QuizNext

Bengaluru-based QuizNext is a gamified practice edtech platform that inspires students to practice more using the game element to relieve them from the stress of the exam. This startup offers gaming-based practice sets using AI for students in the K-12 segment.

QuizNext was founded in December 2018 by Guruprasad Holla, Chaiitanyaa Naik, Prasanth T and Sikandar Tamboli. Currently, this startup offers bootstrap as a freemium model and an annual subscription model. Along with gamified practice materials, this startup also offers curated remedial videos, worksheets and test papers.

It is currently focusing on students up to class 6-10 of CBSE and ICSE. But at the same time QuizNext is also trying to establish itself as an After School Activity platform. This will not only reduce the burden of giving homework or test papers to the teachers, but will also keep track of the subjects the student has seen throughout the year.

In addition, the startup is also exploring opportunities to develop as a post-class assessment and feedback tool for teachers by partnering with several leading publishers to make QuizNext available to 4,500+ schools across India. Could.

10. Quizizz

Founded in 2015 by Ankit Gupta and Deepak Joy Cheenath, Quizizz is an edtech platform that uses games and memes in its course to make learning methods more engaging among students. The company has recently recorded 50 million monthly active users globally.

Quizizz facilitates self-assessment for teachers with a class or distance learning program, making it even more interesting by adding elements such as Gamification. Using the platform, teachers can also create their own question answers or choose from quizzes created by other teachers for the course.

Meanwhile the company also claims that it has millions of active teachers on its platform and more than 1.5 billion questions are solved every month by students.

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#TechSamvadGameChangers: Top 10 Startups in India's FinTech World (2020)

This time at TechSamvad Game Changers, we bring to you information about some of the best startups related to the FinTech world of the country. 

Let us tell you that FinTech Inc of India has reported a total funding of about $ 1.47 billion in the first half of the year 2020. And interestingly, this figure is almost 60% higher than the previous year i.e. first half of 2019.

According to the Global Fintech Festival Report from July 2020, between March and June in the year 2020, around 68 FinTech Startups received investment. And this data clearly shows how the popularity of FinTech world is increasing in the last country.

In such a situation, today we are going to introduce you to some such start-ups of the country who are providing equally technology-based financing services not only in the metros but also in all the small to big areas of the country.

#TechSamvadGameChangers: Top 10 Indian FinTech Startups 2020

1. SalaryDost

Mumbai-based SalaryDost actually offers a great credit scoring system, which helps in super customer profiling. And at the same time, their mobile-based application helps customers to get a loan in the blink of an eye. 

According to the company, they started this to bridge the gap between the finance sector and customers, thereby promoting an open banking loan option.

The company was started in the year 2018 by Mrityunjay Shahi, Manish Shukla and Ashok Choudhary. SalaryDost has also partnered with Singapore-based AI company, CredoLab. 

CredoLab provides an AI based credit scoring solution, in effect. Salarydost uses proprietary algorithms and artificial intelligence techniques to assess any risk factors.

Meanwhile, the company also expanded its online lending platform and is now offering various types of loans in the market.

2. Paisa Dukan

This platform, named Paisa Dukan, offers its customers the best possible loan using technology. Also, making this process transparent, it is also moving ahead as a great platform to borrow money.

The Peer to Peer (P2P) marketplace is becoming even more interesting with the growing Internet. And according to the company, this will benefit both lending and borrowing classes. 

PaisaDukan was established in November 2017 as a peer-to-peer lending platform. It was founded in Mumbai by Rajiv M Ranjan and its parent company BigWin Infotech.

PaisaDukan's business model is based on the peer-to-peer lending marketplace, where it handles servicing of loans on behalf of both the lending and lending segments. 

On PaisaDukan you get the facility to take a loan ranging from ₹ 5,000 to ₹ 10,00,000. The company's mission is to facilitate business opportunities for all in the peer-to-peer marketplace or business sector.

3. PayMe India

PayMe India was founded in 2016 by Mahesh Shukla and Sandeep Singh Singh. The startup offers 'Advance' salary options to financially salaried people for a short time. Actually PayMe India has created a special loan program for corporate employees.

This Noida-based startup, under its Corporate Cash Advance Loan Program, allows employees working in its partner organizations to borrow up to 50% of their monthly income, which they have to pay from the next month's salary.

This startup has also acquired the NBFC certificate, which means that now this startup also offers you secure and unsecured financial products such as personal loans, business loans, education loans, credit cards etc. service etc. for short duration.

4. Jai Kisan

Founded in 2017 by Texas A&M University alumni Arjun Ahluwalia and Adriel Maniego, Jai Kisan is building a full-stack fintech platform to meet the financial needs of customers in emerging markets in rural India.

In the last six months, it has provided more than Rs 50 crore of top credit quality loans in a variety of sets to 5,500+ borrowers from different income groups in 10 states of the country.

Let us tell you, this Mumbai based rural fintech startup has also raised Rs 30 crore in a pre-series round from Arkam Ventures and NABVENTURES Fund I on 16 June 2020.

5. INDwealth

Founded in the year 2018 by Ashish Kashyap, Pratiksha Dake and Varun Bhatia, INDwealth provides services as a personal financial advisory agent, offering advice on asset classes, loans and loan management.

The platform enables consumers to manage and track their funds investment, loans, expenses and loans and in turn also advises them with the help of machine learning to improve their financial future and cash flow.

The first version of this platform app was launched in April 2019. The platform has also registered itself as certified "Wealth Advisors". Its

Also, this Gurugram based company has launched a web application as Wealth Advisor, which provides interaction and feedback etc. between clients and consultants.

6. GramCover

Noida based GramCover is a technology enabled insurance platform for rural India. It is building an ecosystem for distribution of a wide range of insurance products, including crop products, livestock, health, motor, life and property insurance, which cater to the critical needs of rural India.

Actually do you know that according to the rules, insurance is mandatory for any farmer taking a bank loan, and because of this, most farmers in the country do not take loans. 

In such a situation, GramCover opens new doors of possibilities for them by providing them with various insurance options.

Let us tell you that GramCover was founded by Jatin Singh, who also launched its earlier private weather company Skymet. Meanwhile, GramCover claims that it is becoming the preferred choice among insurers to reach rural India. 

Over 1.3 million Indian farmers have so far purchased insurance through GramCover.

7. Aye Finance

Aye Finance provides customer focused financial services for micro and small businesses. It has more than 100 branches operating in 11 states across India, operating primarily in sectors such as manufacturing, trade and service groups.

It was founded by Sanjay Sharma and Vikram Jetley. Interestingly, it has also received investment from MSME loan provider Google's private equity fund CapitalG.

Since its inception in 2014, Aye Finance has claimed to provide $ 410 million worth of credit / loans to over 1,96,000 grassroots businesses. The startup is said to have an active customer base of over 1,30,000, and manages assets up to Rs 1,500 crore.

8. GroMo

Gurugram-based GroMo is a truly technology-enabled 'social commerce platform' that offers consumers a range of financial products such as loans, insurance and investments through its GroMo Partners.

Currently GroMo claims to provide loan and insurance services on its platform. GroMo was founded by 3 alumni of IIT Delhi, Ankit Khandelwal, Darpan Khurana and Arpit Khandelwal.

GroMo actually provides additional earning avenues to chartered accountants, property dealers, travel agents and even students by joining them as partners and helping them grow as micro-entrepreneurs.

9. Mera Cashier

Noida based fintech startup Mera Cashier was founded in 2019 by Suneel Kumar, Sucharita Reddy, Gaurav Tomar and Akhilesh Nigam. This startup allows small and micro businesses to digitally manage their credit transactions on their phones through the digital features of books, registers, etc. in an Android app.

The app includes basic management features such as managing customers and their transactions, giving micro-businesses an opportunity to use their data to grow their businesses efficiently.

Let me tell you that the list of investors of this startup includes many big names like Bollywood singer Sukhbir Singh. In simple language, with the help of data science, this platform serves to digitize traditional methods for small traders.

10. Recko

Bengaluru based Recko is a fintech startup that provides AI based solutions for digital transactions. Recko, founded in 2017, has touched $ 5 billion in transactions so far. The startup has created a SaaS-based financial product that helps organizations track full transaction cycles and commercial contracts.

According to the company, founded by Prashant Border and Saurya Prakash Sinha, its client list includes companies from many different sectors, such as Grofers, Meesho, Dunzo etc. According to Recko, it is looking to touch $ 10 billion in transactions by the end of 2020.