Do you know that only 8% of global IT product companies with market value of more than a billion dollars have a presence in India? The downside of this is that Indian enterprises do not get the benefit of these new-age solutions and a choice of competitive solutions in the marketplace. Why is it that companies do not want to enter India, hailed as the most exciting and fastest growing market in the world? “This is the question that bothered us and which is why Lyncbiz came into existence,” says Sandeep Mathur, managing director of Lyncbiz, a Mumbai-based start-up founded by six former Oracle senior sales employees.
Mumbai-based global sales management consulting firm LyncBiz Corporation is looking to partner with early- stage Indian start-ups to help them access customers in global markets over the next 12 months. The company has started identifying and shortlisting pre-Series A and Series A start-ups offering horizontal solutions that are relevant across industry segments. Only start-ups that have reached a certain level of maturity, with a product or service that sells in at least one market with a paying customer base, will make the shortlist.
LyncBiz, a sales management consulting firm with a focus on the education vertical has signed an MOU with Hyderabad-based company WhiteBoard Ventures to tap the growing digital learning market in India. Founded in the year 2010, WhiteBoard Ventures has a popular B Topper Foundation Program for classes VI to X in Mathematics and Science for the Indian Certificate of Secondary Education (ICSE),Central Board of Secondary Education(CBSE) and Secondary School Certificate (SSC) Boards having a base of 50,000 students across 300 schools in Andhra Pradesh and Telangana.Whiteboard foundation program helps the students to build, reinforce and enhance their math and science foundation progressively over the years.
Consulting firm LyncBiz today said it has signed an agreement with Hyderabad-based company Globarena to tap the growing e-learning market in India. Globarena Technologies provides competency enhancement solutions to more than 15 universities and 2,000 colleges, with branded programmes like GEMS and TekEdge, the company said in a release here.
Through this association, Lyncbiz and Globarena will target the existing user base of over 2 million university staff and students across India with learning solutions built on the Claned Platform and also sign on new Universities, colleges and Corporates, it said.
CLANED, a fast growing Finnish education technology start-up, has partnered with LyncBiz to offer personalized education in the Indian market. CLANED applies in-house developed artificial intelligence and academically validated theories of education psychology revealing which factors impact individual learning. The firm tries to understand how learners learn and optimizes their study motivation and improves learning results.
Former Managing Director of Oracle India, Sandeep Mathur, who exited the company last October, has joined FinOne Technologies, a next-generation financial services solutions start-up founded by former Infosys veteran, Haragopal Mangipudi, better known for taking Infosys’ core banking solution, Finacle, to global markets.
Mumbai-based LyncBiz Corporation, a start-up founded by six ex-Oracle senior sales employees, has raised about $1 million (₹6.5 crore) through angel funding. The three-month old start-up, in which former, Oracle Managing Director Sandeep Mathur is an advisor, is an innovative platform that provides sales teams and solutions to companies, especially SMEs, thus helping them reduce their sales and marketing costs.