The Grameenphone Accelerator has unveiled the new batch of startups beginning their 4-month long acceleration journey today at GPHouse. After a rigorous process of reading through over 600 applications, face-to-face interviews, and pitch presentations six startups were introduced to the startup ecosystem and the attendees of the media launch today.
GPAccelerator (GPA), in partnership with SD ASIA, has been designed to support early-stage, homegrown tech startups. Five startups are provided with an intensive, rapid and immersive training over the four-month program. The startups receive BDT 12 lakh in seed funding each, work space in GPHouse, and a set of relevant industry contacts to speed up the life cycle of their businesses. This fixed-term, cohort-based program allows the ventures to build a robust business model, become investable and scale them up. The program ends with a grand event, a demo day, where startups pitch to a plethora of experienced investors, partners and key clients.
Speaking at the event Finance minister Abul Maal Abdul Muhit said, “Grameenphone has been doing really great job to help local grow faster through the GPAccelerator program. The top six teams have a great potential to solve real Bangladeshi problem and bring the Digital Bangladesh vision 2021 come into reality. I wish the very best for the new teams.”
Welcoming the new batch to GP House, Grameenphone CEO Petter-B Furberg said: “The numbers of applicants are increasing in each batch of GPAccelerator. We had over 600 applicants in this batch and we chose 6 teams this time. All the six teams have a great product and they are solving some critical problems.”
Grameenphone Head of Transformation, Kazi Mahboob Hossain said: “Together with the startup ecosystem in Bangladesh we are working towards one shared vision: putting Bangladesh on the global startup map. GP Accelerator is committed to help 50 high impact high potential Bangladeshi ideas go scale by 2021.”
Minhaz Anwar, the Head of GP Accelerator, said: “We are excited to welcome a fresh new batch of five plus one startups to Batch 3. This time we have a great combination of hardware, augmented reality, fintech and digital solutions solving some of the problems we face every day. We hope, with our support, these startups will make the lives of millions in Bangladesh and beyond easier, safer and more exciting.”
Speaking on the occasion Mustafizur R Khan, founder and CEO of SD ASIA said, “This time, in addition to our resident entrepreneurs and design support, we will provide dedicated expert mentor support in digital marketing, finance and product development for four months. We are confident that GPA is one of the best accelerator programs in the country which is truly designed with local need in mind.”
The Top 5 plus 1 startups that are joining the GP Accelerator program, Batch 3 are as follows:
Crowdware helps companies automate business processes by crowdsourcing work to a network of qualified contributors in developing countries. By combining innovative quality control techniques with new methods for routing tasks and pricing, they are promising to provide a faster, cheaper and more accurate solution than existing alternatives.
JolPi Electronics is rapidly prototyping on IoT and Smart Home electronic products to build a global brand. They have launched ‘Sniffer’ which is a gas leakage alarm which starts to “beep” if the gas concentration in the kitchen goes over a safe limit.
Doctorkoi.com automates the communication channels between the doctors and patients. The value proposition of the startup is a one stop solution for doctors to be connected with their patients automatically and also for patients to find and take appointments of doctors easily. Doctors can also find their patient’s information easily, call them, send the texts and keep them updated.
Bankcomparebd is a platform for aggregation of financial instruments where an individual can compare rates from different banks and choose the most suitable one that serves their needs. Instead of taking the hassle of visiting so many banks and finding the best rates or service, users can simplify the process by using the platform of bankcomaprebd.
To make learning for kids fun and interactive, Microtech has developed ”Neelimar Bioscope”, an Augmented Reality (AR) application. It has published a book along with application both in Google Playstore and iOS. When someone holds their device over the book, the characters becomes 3D and reads out.
Bari koi is attempting to solve the complexity of explaining and finding addresses in Bangladesh. It replaces the traditional long addresses and converts it to a short-code with exact geo-coordinates which make explaining and finding addresses much easier for everyone. Besides, common users Barikoi can help e-commerce logistics industry to increase their efficiency and user experience.