HyperVerge, a Bay area+India-based startup which uses deep learning to organize images for more streamlined data, has emerged as winners at the startup competition, G-Startup organized for the first time in India on September 9 and September 10 in Bengaluru.
G-Startup, as you must be aware, is the flagship startup competition organized by Global Mobile Internet Conference (GMIC) and is slowly turning into one of the most prominent launch pads for innovative mobile startups to showcase their product, reach out to international investors and collaborate with peers and industry experts.
There were around 120+ startups which participated in G-Startup India. The jury member of the competition saw eminent names such as Sasha Mirchandani, Founder & Managing Director, Kae Capital, Amit Somani, Managing Partner, Prime Ventures and Hiro Mashita, Founder & Director, M&S Partners.
HyperVerge Inc. was founded on July 25th 2014 by a group of students which include Kedar Kulkarni, Vignesh Krishnakumar, Kishore Natrajan, Saivenkatesh Ashokkumar and Praveen Kumar.
They started working on prototype of their cloud-based image recognition technology while at IIT Madras’ Incubation Cell. They have advisors from MIT Media Labs and the IIT alumni community.
By using deep-learning and computer vision, it has developed a cutting-edge technology for recognition of people, scenes, events, documents, objects within photos and for analyzing photo quality to find bad photos, duplicates, spam photos, etc. They have filed a patent for this which is currently pending.
This deep-learning startup had secured $1Million in a seed round to pus for a global expansion.
The winner of the competition would be given a chance of a round-trip to GMIC Beijing 2016 where they would be given a demo booth to showcase their products and get a chance to interact with leading VCs and seasoned entrepreneurs.
Kedar Kulkarni, co-founder of HyperVerge who was extremely excited to win the competition said in a statement sent to us,
GMIC being one of the biggest conferences in India has been a fantastic platform for us to showcase our product and gain visibility in the right circles. In fact, after coming to GMIC, we have already seen investment interest from atleast 3 groups from China. We now look forward to going to GMIC Beijing 2016 and compete with the rest of the winners from across the globe.”
Before India, G-Startup which first took place in 2010 had only been organized in US (San Francisco) and China(Beijing) and according to Gurpreet Singh, President, Asia, GMIC, they wish to help and bring the same level of support and success to Indian startups which has been achieved by startups previously gone through the platform.
Some of the previous winners and runner-ups at the competition include companies like Fleksy Keyboard and Open Garden, whose product FireChat is a disruptive mobile communication platform that also works without a data plan and where there is no Internet connection or cellular phone coverage.
Chinese cab giant Didi Dache (now Didi Kuaidi) and Visual Lead, an Israeli QR Technology company are some of the other prominent startups which participated in previous editions of G-Startup.