ScaleMinds invests in Pune based Strata Enviro

Posted by: at 12/01/2017 06:24:00 am


Company provides selected startups with seed funding & personalized mentorship

Pune/Mumbai, December 1st, 2017: Mumbai-based ScaleMinds, a company with a network of 3,000+ Investors supported by leading angel networks has invested in Pune based Strata Enviro, for an undisclosed amount. The company was selected during the Investors' pitch which took place in the presence of Board of Investors during FundTonic Pune Startup Marathon 2017. Founded by Amol Chaphekar, Strata Enviro manufactures and installs Outdoor Air Pollution Controllers for free in public and private places.

Amol Chaphekar, Founder, Strata Enviro, commenting on the occasion said, “ScaleMinds came in as that instructor or mentor you have at your gym who encourages you to do 1 more round of pull up when you are all exhausted by pushing you a little up and saying you can do it.”

He further added, “It's a great feeling when someone supports you when you are exhausted in a complete hassle-free way with not only the funds but also the connect to grow and take the business to next level by complimenting what you already have. We are thankful to ScaleMinds for coming in and contributing when it was most needed.”

Amol, an Innovator with multiple patents in his name was awarded as one of the top ten Innovators of India by Lenovo in 2012. The first commercial installation was made in July 2016 and since then installations were made across the country in cities like Pune, Mumbai, Delhi, Hyderabad along with some units shipped outside India. Backed by Unit and Maintenance Sponsorships the company has already put up controllers at Airports, Traffic Signals, Toll Booths & Traffic Congestion Zones. A sponsor’s display is provided to the sponsor at a nominal cost on top of the unit ensuring that the unit’s Maintenance is taken care of for the years to come.

Nainesh Kapadia, Founder, ScaleMinds says, “With the support of FundTonic, this year we launched exclusive initiatives for Pune StartUp eco-system, viz. Launch of sector agnostic seed - funded global accelerator, Launch of seed funded healthcare-focused accelerator, Exchange program to help scale Pune startups to ASEAN countries, Europe and many more. With the shortlisted startups we will keep inviting applications for the accelerator programme and aim tofund 20 startups this year from across India.”

ScaleMinds Accelerator, founded by Nainesh Kapadia, in September 2016, plans to invest in 20 startups every year and work closely to mentor them. Along with the investment, ScaleMinds will provide selected startups with a 45-Day Startup Growth Camp that will enable startups to have an access to One-on-One Mentoring with top notch Industry experts & mentors, Product Refinement & Development, Go-To Market & Business Strategy, Networking Opportunity in Startup Ecosystem and opportunity to raise 3 million dollars through its network of angel investors. The list includes investors from FundTonic, IAN, Ah Ventures and other angels. Navin Honagudi of Kae Capital, Miten Mehta of Spinta Global Accelerator, Axel & Boris of Yesss Capital, Dhanraj Chandriani of Technecon Healthcare Pvt. Ltd, Rajesh Sehgal of Equanimity 

Investments, and Bhavin ParikhCo-Founder of FundTonic, are associated as mentors to Scaleminds.


About ScaleMinds: 

ScaleMinds is an early stage seed funding, mentorship and business development driven accelerator for high growth startups. It is committed to help scale businesses and create successful entrepreneurs. The company provides selected startups with seed funding, personalized mentorship and monitors the outcome. The company also works on the softer skills and areas that matter the most to help build teams, improve the emotional quotient and strive to create leaders.  It provides an environment to enable peer learning by building communities of like-minded people that empower the startups to scale greater heights.

ScaleMinds is a hands-on startup accelerator, amplifying startups by providing seed funding, access to additional capital, and an unmatched team of mentors and advisors



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