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May2014

IIT KGP student–entrepreneurs win the largest prize in Rice Business Plan Competition

IIT Foundation congratulates BetaGlide, a start-up run by two Indian student-entrepreneurs who recently won the Mercury Fund Investment Prize and received other commitments totalling over $1M at the Rice Business Plan Competition 2014.

BetaGlide was founded by Amritanshu Anand and Anshul Singhle, two young students from IIT Kharagpur, one of India’s most prestigious universities. Their business began when Amritanshu was working on a mobile application and couldn’t find the right product/service to test it before launch. He soon realised that many others had this problem, and BetaGlide was born. Two years on, the app has over 100 app developers as customers and sits on over 2 million mobile devices around the world. “There are more than 2.5 million apps across the app stores…” said Amritanshu, “We allow developers to track and monitor how their app is performing across devices and benchmark this data to the industry standard. We also generate logs for debugging and solving pain points. There are more than 12,000 devices, which run on 25 different operating systems. It’s difficult for developers to keep track of all of this, but we make it happen.”

From their initial offering of streamlining testing, the app now offers real-time analytics to developers and helps them to not only fix problems fast, but gives them the insights they need to keep people coming back to their applications time and time again.

BetaGlide, mentored by The Indus Entrepreneurs (TiE), (founded by IIT Alums), arrived at the Rice Business Plan Competition 2014, and were judged winners by top venture capitalists, investors and entrepreneurs from over 30 countries.

Related:
Help IIT KGP Students Participate in Competitions held in the USA

Posted by: Roy Dasilva @ May 5, 2014, 8:46 am PDT    Filed under: Fund-raising, Alumni    Add Comment »