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Start-up MartMobi selected to be part of TechStars

Founded by serial tech entrepreneurs, Satya Krishna Ganni and Pramod Nair, MartMobi stated that it shall leverage this opportunity to expand its footprint globally

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BS Reporter Hyderabad
Last Updated : May 22 2014 | 9:47 PM IST
Hyderabad-based one-year-old start-up MartMobi Technologies has been selected to TechStars, often considered as one of the world’s most successful accelerators.

Founded by serial tech entrepreneurs, Satya Krishna Ganni and Pramod Nair, MartMobi stated it would leverage this opportunity to expand its footprint globally.

TechStars is a  US-based mentorship-driven start-up accelerator founded by David Cohen and Brad Feld.  Fewer than one percent of the companies that apply to TechStars are stated be accepted every year.

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“Having tasted success in India and the US through partnerships with market leaders such as Shopify, Zepo, Bigcommerce, Yahoo and Amazon, we would like to now quickly scale to more than 15,000 customers globally in the next 2 years,” Ganni stated in a press release here on Thursday.

MartMobi was started with seed capital from IIIT Hyderabad and later raised funding from BitChemy Ventures and Srini Koppolu, chairman of Setu Software and an angel investor.

The company offers an end-to-end mobile commerce platform for online stores, brands and retailers including rapid mobile, tablet enhancement, analytics and marketing toolkit and deep shopping cart integrations.

“Our cutting edge technology has thus far allowed us to make inroads globally. We will continue to focus on technology and build on user experience to deliver the world’s best platform to our customers”, MartMobi chief technology officer, Pramod Nair, said.

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First Published: May 22 2014 | 8:34 PM IST

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