VC Fund Investments

Flipkart Ventures to invest in six early-stage startups

Business Today  

Flipkart Ventures, the USD 100 million venture fund set up by e-commerce unicorn Flipkart, is investing in six early stage startups under its accelerator program ‘Flipkart Leap Ahead'. The selected startups will receive up to USD 500,000 in the form of equity, in addition to customised programs designed by Bain & Company. The six selected startups are: Dopplr - Metaverse: provides immersive virtual stores as a service for brands, aided by Al-driven garment display and personalisation. Livwell - Insurtech: a blockchain-based insurtech & health engagement application, providing affordable bite-size Insurance products aimed at millennials. LogisticsNow (LoRRI) - Logistics Solutions: a digital logistics platform (LoRRI) on the B2B transport value chain that aims to build a national logistics grid. NeuroPixel.AI - Automated Catalogs: a deeptech startup at the intersection of fashion e-commerce and computer vision. Rightbot Technologies - Robotic Fulfilment: a full stack robotics automation platform. Sellerapp - Seller Enablement: a seller-centric platform that allows sellers to manage, optimise and scale their businesses.

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