Lightspeed Venture Partners has announced a lineup of 17 startups as part of the third cohort of its Extreme Entrepreneurs (EE) program – a six-week initiative to train founders with a lot of potential.
Light speed started program in 2018 and for the third batch – the firm’s winter 2021 cohort – received over 1,200 applications, with 200 from Southeast Asia.
13 indian startups also selected for the six week acceleration programma.
It includes business-to-customer and business-to-business startups across sectors such as fintech, agritech, gaming, healthtech, social, software-as-a-service, and electric vehicles.
The selected startups from Southeast Asia are:
- BukuGaji, a lightweight mobile platform that modernizes traditional human capital workflows for micro, small, and medium-sized enterprises.
- BuzzBreak, a content network that rewards users for paying time and attention to the platform’s stories.
- Nano, an income-streaming platform that helps employees get paid on demand, while helping employers improve retention and employee engagement at work.
- Supermomos, a knowledge-based social network that allows users to share bite-sized knowledge about work and life through short videos. It also helps knowledge influencers engage directly with their followers.
The startups selected from India are:
- Aavaz, an analytics platform built on natural language processing to help product teams learn from large-scale customer feedback.
- Avalon Meta, a digital university with live and scheduled classes.
- BharatX, a tech company that gives consumer-facing apps access to a “buy now, pay later” option.
- BizzTM, an ecommerce platform for home and personal care products.
- Doto, a live quiz game-show app for users where they can connect and compete with friends.
- Economize, a company that helps companies analyze, manage, and optimize cloud expenses.
- Electorq, a turnkey solution provider for businesses that’s based on the mobility of goods and people.
- Evo Foods, a company that recreates food using plants and food technology with a plant-based liquid egg substitute.
- FarMart, a business-to-business agritech platform for small and medium-sized enterprises.
- Fitbee, a platform that designs fitness and nutrition plans for women who deal with hormonal imbalance problems.
- LetsDressUp, a platform that designs and customizes cloths, aims to be India’s version of US-based Stitch Fix.
- Vavepay, a contactless payments application.
- OxfordCaps, a housing facility for university students in India and Singapore.
“[EE 2021] is 100% online, which eliminates geoboundaries completely and allows the program to expand to founders anywhere. [It] packs more one-to-one clinics on functional areas like product and engineering that take the blinders off for EE founders,” said Vaibhav Agrawal, partner at Lightspeed.