All companies in the 2020 class have a common purpose to enable a positive impact on society through improvements in resource efficiency and digital inclusivity. 

While the majority of founders are of Indian origin - representing Bangalore, Hyderabad, Bombay and Delhi - one team travelled to Bangalore from Lagos, Nigeria.

The 10 teams met in Bengaluru for the first six weeks and then moved back to their home locations as the Covid-19 pandemic cast its net. Techstars quickly shifted the programme to a virtual format to continue supporting the startups, drawing on its expertise running virtual programs to make the experience as seamless as possible. 

“This year, the Techstars Bangalore Accelerator brought together ambitious and enthusiastic founders, experienced mentors, investors and alumni for over 800 meetings, to fuel needed innovation and make powerful connections,” said Ray Newal, Managing Director of Techstars Bangalore Accelerator. “We believe the members of the 2020 class will make a significant and positive impact that will ripple throughout the world in the years to come.” 

“While our pivot to virtual programming in light of the Covid-19 pandemic was unforeseen, we were able to draw more broadly on the global Techstars network through virtual engagements, which exposed our founders to even more connections and expertise”, said Newal. 

“The ideas and commitment of the founders from the Techstars Bangalore Accelerator program inspire me. While the world may seem uncertain right now, we need the innovative mindset of entrepreneurs more than ever. I’m proud to represent Techstars here in India and to be a part of these founders’ journeys,” adds Newal, who has led the Techstars Bangalore Accelerator since its inception in 2018. 

Techstars Bangalore Accelerator Inaugural Class of 2020

•         ChintaMoney: An intelligent spending solution that improves financial wellness by helping people make informed purchase decisions based on savings goals.

•         FinKraft: An invoice and data reconciliation service which helps Indian companies obtain GST credits quickly and easily.

•         Fliqpay: A cross-border payment system which makes it seamless and affordable for Africans to digitally transact with the rest of the world.

•         Game Theory: A fitness experience that makes casual sports convenient, addictive, and exciting.

•         Lancify: Uses 60-day training modules to build a young workforce of experts on trending SAAS tools.

•         Lightwing: An intelligent control system that dynamically optimizes cloud resources to reduce cloud costs by up to 90%.

•         Odwen: India's largest and fully integrated on-demand warehouse network.

•         Picxy: Solving the relatability problem in Indian digital content through highly contextual stock photos.

•         Q Blocks: Secure and affordable supercomputing applications on demand, powered by idle crypto-mining and gaming machines.

•         Rose Bazaar: Bringing efficiency to the $1.2 Billion unorganized traditional flower supply chain through innovations in packaging and distribution.