Nanothermo
First up, Rekha Bangalore from Austin, Texas, pitched Nanothermo, a thermal cooling technology for LED lighting. Rekha needs some funding, and is having difficulty cracking the seed market in Austin. Well, semiconductor, cleantech and related markets are seeing very little funding these days. Besides, it seems Rekha has been approaching VCs, whereas, the deal is at a seed stage.
Letsintern
Next, Rishabh Gupta from Mumbai, India, pitched Letsintern, a portal for students to connect with internships, as well as other career development resources. Letsintern has recently changed its business model from employers paying for the service to students paying. The company is generating revenue, and trying to figure out its growth strategy vis-à-vis financing, markets, etc.
Edcoogle
Then, Apoorv Gaur from New Delhi, India, pitched Edcoogle, a K-12 portal for students and teachers to find the best videos on specific topics organized by grade level. The portal also supports a Quora-style Q&A function that is available for each topic / video through which teachers and students can interact. An MVP launch is coming soon.
ClearChex
Karen Malik from Burlingame, California, pitched ClearChex, a payment app through which organizations can collect check-style payments. Non-profits, churches, community organization in particular are interested in using the product for its low transaction fee structure ($.25 per transaction). It is vastly cheaper than credit cards, Paypal, etc.
Innoprep
Last up, Satyamrut Uttarkabat from Bhubaneswar, India, pitched Innoprep, which he started off by presenting as a ‘prepare for anything’ concept. The project is very early, and I asked Satyam to flesh it out with a clear eye on monetization strategy, which he hypothesizes will be around test prep.
You can find the recording of today’s roundtable here.
As always, I would very much like to hear about your business, so let me invite you to come and pitch at one of our free 1M/1M public roundtables. We will be holding future roundtables at 8 a.m. PST on:
-Thursday, January 9 – 200th Roundtable – Register Here.
-Thursday, January 16, Register Here.
-Thursday, January 23, Register Here.
-Thursday, January 30, Regsiter Here.
If you want a deeper relationship with me, you are very welcome to join the 1M/1M premium program. If you have any questions about the program, please, first study the website, especially What to expect from the 1M/1M premium program and the FAQs. If you have additional questions, please email me, and I would be very happy to respond. Please note that I work exclusively with 1M/1M entrepreneurs.
Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, a virtual incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy, and is author of the Entrepreneur Journeys book series and Vision India 2020. From 2008 to 2010, Mitra was a columnist for Forbes. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology.