Pitney Bowes Accelerator Program Inducts Four Startups in India and Names Two More to the Accelerator Collaboration Program
29 July 2015 - 2:30PM
Business Wire
Programs feature partnerships with existing
accelerator startups, mentorship, and access to venture funds
Pitney Bowes (NYSE:PBI), a global technology company that
provides innovative products and solutions to power commerce, has
named four startups to the summer session of the Pitney Bowes
Accelerator Program which provides mentorship, access to venture
funds and networking to innovative startups in the areas of
customer information management, mobile, data analytics,
location-based services, ecommerce management and machine learning.
The four inductees are:
- Ipsator Analytics is a consumer
perception measurement product for ecommerce.
- Fetchon is a hyperlocal customer
engagement and activation platform for brands and retailers to
connect with customers in a geo-fenced area.
- Kayeura is an in-store proximity
and right-time marketing solution for retail stores and
brands.
- ShipDesk is a SaaS-based
multi-carrier shipping management platform for ecommerce with
intelligent algorithms to calculate rules-based lowest cost
shippers.
The Pitney Bowes Accelerator Collaboration Program has enrolled
two startups that will work with Pitney Bowes to test and market
solutions.
- Loginext is a location-based
analytics platform which uses Internet of Things and Big Data to
collect location data from packages, delivery personnel or
vehicles, and provides real-time analysis of the delivery
network.
- PrimaSeller is a SaaS-based
platform for retailers to manage orders and inventory across
multiple online and offline sales channels.
Pitney Bowes has entered into partnerships with Microsoft and
91springboard, the startup growth hub based in India. Pitney Bowes
Accelerator startups will have access to the Microsoft BizSpark
Plus program which awards Azure credits worth up to USD$120,000 to
each participant. Pitney Bowes and Microsoft will also facilitate
customer and market access programs, and a mentor exchange. Pitney
Bowes will work with 91springboard to support the startups through
joint networking events and access programs.
The Accelerator startups will have full access to Pitney Bowes’
software, application programming interfaces (API’s) and data for a
duration of six months. In addition, Pitney Bowes will provide
mentorship with leading engineering and innovation experts for
technical and business guidance. The startups will be placed in
Pune or Noida for incubation and will have opportunities to network
with prospective investors.
Manish Choudhary, Vice President, Global Engineering and
Managing Director, Pitney Bowes India said, “We are happy with the
success of the Accelerator program. Most of the startups work with
our clients and co-innovate with Pitney Bowes teams. The portfolio
now consists of diverse business models in emerging technologies in
location, commerce and big data. The ecosystem has delivered market
insights as we develop our products and solutions and has helped
our clients in India.”
Last year, Pitney Bowes incubated six startups as a part of the
program: Audianz, Tagalys, Teritree, RetailNav, Heuristics,
and Ideata.
Sharing his experience, Antony Kattukaran, CEO and Founder of
Tagalys said, “The Pitney Bowes Accelerator Program gave us
opportunities to interact with many leading founders and to
leverage their strengths. It helped us improve the way we build
Tagalys. In addition to connecting with potential customers, we
have started discussions with another Accelerator participant to
evaluate partnership opportunities.”
Prateek Chaturvedi of Focus Analytics added, “Being in the
convergent space of location, analytics and mobile, where Pitney
Bowes is a leader, the team was able to add a great deal of insight
to our idea. The Pitney Bowes team also connected us to their
customers for a few use cases that we could solve from our
platform.”
For more information about the Pitney Bowes Accelerator program,
please visit accelerator.pitneybowes.com.
About Pitney Bowes
Pitney Bowes (NYSE: PBI) is a global technology company offering
innovative products and solutions that enable commerce in the areas
of customer information management, location intelligence, customer
engagement, shipping and mailing, and global ecommerce. More than
1.5 million clients in approximately 100 countries around the world
rely on products, solutions and services from Pitney Bowes. For
additional information, visit Pitney Bowes at www.pb.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150728006859/en/
Pitney Bowes Inc.Carol Wallace,
203-351-6974Carol.wallace@pb.com@CarolWallacePR
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