Ex-Infosys CEO Shibulal invests in child security tracker Falcon
Former Infosys CEO SD Shibulal has invested an undisclosed sum in child security tracker Falcon. Falcon is a dashboard that enables school administrations to track the safety of its students by recording information about child's boarding and disembarking points from the bus from home to school and back Share Market Astrology
It is the flagship product of Bengaluru-based Purnatva Solutions, which is part of Shibulal co-founded startup incubator Axilor Ventures' entrepreneur-in-residence programme. "The foundation we run has many schools and they have been looking for a solution that will bring together all the parties — transport provider, schools and parents. So recently some entrepreneurs came up and said they were interested in building it and the investment happened through Axilor," said Shibulal Astrological Prediction For Indian Stock Markets
The Falcon tracker works when its software, loaded on a tablet, is carried by the school administrative staff with details of all the students' boarding and disembarking points along the bus route. The data is stored in the cloud and can be accessed by schools through an online portal. It also equips parents to know the location of the bus and the route, real-time.
Axilor runs three programmes -accelerator, entrepreneur-in-residence and early-stage funding. For the selected startups, the Axilor founders will co-invest through their individual funds. The size of funding will range from Rs 30 lakh in the accelerator programme to Rs 6 crore for early-stage companies. It has other co-founders including Tarun Khanna, professor at the Harvard Business School, and Ganapathy Venugopal, former head of strategy & planning at Infosys. Venugopal is the CEO of Axilor Sensex Astrology
It is the flagship product of Bengaluru-based Purnatva Solutions, which is part of Shibulal co-founded startup incubator Axilor Ventures' entrepreneur-in-residence programme. "The foundation we run has many schools and they have been looking for a solution that will bring together all the parties — transport provider, schools and parents. So recently some entrepreneurs came up and said they were interested in building it and the investment happened through Axilor," said Shibulal Astrological Prediction For Indian Stock Markets
The Falcon tracker works when its software, loaded on a tablet, is carried by the school administrative staff with details of all the students' boarding and disembarking points along the bus route. The data is stored in the cloud and can be accessed by schools through an online portal. It also equips parents to know the location of the bus and the route, real-time.
Axilor Ventures, founded by former Infosys trio — Kris Gopalakrishnan, Srinath Batni and Shibulal — helps early stage startups in areas like e-commerce, healthcare, life sciences, sustainability and clean technology. Recently, the trio invested $1 million (Rs 6.4 crore) in Bengaluru-based e-commerce platform SellerworX Online Services and $2 million (Rs 12.8 crore) in Mysuru-based clean energy company Vigyanlabs Indian stock market astrology prediction
Axilor runs three programmes -accelerator, entrepreneur-in-residence and early-stage funding. For the selected startups, the Axilor founders will co-invest through their individual funds. The size of funding will range from Rs 30 lakh in the accelerator programme to Rs 6 crore for early-stage companies. It has other co-founders including Tarun Khanna, professor at the Harvard Business School, and Ganapathy Venugopal, former head of strategy & planning at Infosys. Venugopal is the CEO of Axilor Sensex Astrology
posted by Naresh Jain @ 23:46
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