Indian startups in Chile
Start-Up Chile, the startup accelerator run by the Chilean government, has announced the list of selected startups for its 9th batch and Indian startups account for 9% of the list.
This year also saw entrepreneurs from Bosnia Herzegovina, Ukraine, and Ghana selected into the 9th batch.
Among the selected startups, a majority of them operate in the ecommerce and IT & Enterprise Software space(19% each) followed by Education(14%) and Healthcare & Biotechnology(12%).
Field Assist is a secondary sales automation solution that monitors performance of salesmen on a real time basis using QR Technology. Each Salesman is profiled along with a history of their activity that includes daily sales made, shops visited, time spent at each shop, orders placed, sales analysis and account details.
Reportgarden helps users create reports using their WYISWYG editor. The toll makes segmenting data by Network, Time, Ads and Keywords an easier process.
TeliportMe is an Android app, that lets users explore places through images and panoramas taken by other users using the TeliportMe app.
Startups would be able to reach out to their early adopters and evangelists using TechChamp.
TAO Education is trying to use open source content to help users with personalized learning.
A food discovery and restaurant review app for mobile devices.
A mobile app development startup, developing applications in areas like location based tracking, customer profiling etc.
Builds interactive kids stories in a digital format.
*StartupChile doesn’t share the startup list country-wise. If we have missed out on any of the Indian startup, please share in the comment section. We will update the post accordingly.
Recommended Read: Demystifying Startup Chile for Indian Entrepreneurs: The Do’s & Don’ts
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This expertise is especially valuable for development stage and start-up medical device companies. These companies are looking to us as manufacturing partners, so they can better focus on research and development and marketing of their products.
Q&A
What are the most promising startups in Chile?
Recently there have been a series of successful start-ups coming out of Chile. As just a few examples (all of which my firm represents):
(1) Groupon Latin America / Needish,
(2) Scopix,
(3) Welcu, and
(4) Atakama Labs
I am heading to Santiago at the end of February to attend a First Tuesday event and meet with some exciting (and very promising) companies, including those backed by Endeavor and Start-Up Chile. A lot going on in Chile!
What are the flaws of Startup Chile?
The main flaw is that Chile's start-up community is almost nonexistent. This means that participants in the program get very little mentorship and very few opportunities to meet with potential investors. But this should not be a surprise to anyone. The whole point of the program is that Chile is essentially trying to buy a start-up community that does not exist organically.
