InitBit Technologies Pvt.Ltd

The Story

Founded in 2011, Poshmark started with a simple yet powerful idea in Manish Chandra's garage. Along with co-founders Tracy Sun, Gautam Golwala, and Chetan Pungaliya, Chandra envisioned a platform that would revolutionize how people buy and sell fashion. The inspiration came from seeing the potential of the iPhone 4 to create meaningful connections in the shopping experience.

What They Do

Poshmark is not just another e-commerce platform – it's a social marketplace that brings together shopping and community. Think of it as a place where social media meets shopping, allowing users to buy, sell, and discover fashion, home goods, and accessories. With over 80 million users , the platform has become a go-to destination for both casual sellers and entrepreneurial individuals looking to build their own digital boutiques.

Growth & Achievements

• Started as a fashion-only platform and successfully expanded into home goods and electronics
• Raised over $160 million in venture funding
• Achieved a successful IPO in January 2021
• Recently launched innovative features like AI-powered visual search and livestream shopping
• Built a vibrant community of millions of buyers and sellers across the country

Today, under CEO Manish Chandra's leadership, Poshmark continues to innovate in the social commerce space, blending technology with community to create a unique shopping experience. The platform's success story is a testament to how combining social connections with commerce can create a powerful marketplace that resonates with modern consumers.

We are Kraftshala. We are an online skilling institution committed to playing the long game of building a transformative educational experience for the masses. We call this ‘Scaling with Soul’. 

Scaling with Soul, to us, means we always prioritise student outcomes– specifically our Placement Rate (percentage of students placed)- over other metrics, such as number of enrolments or company valuation in the coming year. 

This is, of course, easier said than done. There are painful choices to be made at every stage, from admissions to training to placements, that wouldn’t have been needed were we willing to give up on either of high quality or scale. 

But in the long run, we believe that our obsession over these student outcomes will earn Kraftshala the trust of Indian students, their families, recruiters and the broader ecosystem. 

That’s why we make each of our Placement Reports public, capturing how many students are placed in each batch, in what companies, at what salaries etc. 

We don’t need to. None of our competitors do (though we’d be happy to be proven wrong and have more educators join us!). Simply put, we have tasted the benefits of an education model grounded in high quality paired with the transparency of student outcomes and now cannot imagine doing it any other way.

We are not the largest in terms of enrollments. Nowhere close, actually. Not yet. 

However, we are proud to be one of the largest, if not the largest already, in terms of actual, verifiable placements. 

And in terms of Placement Rate, the metric that matters most to us, we are the absolute best in edtech. In the last 2 years, we have placed more than 1500+ students with a Placement Rate of 94% (and improving). 

This is our long game- to Scale with Soul. We invite you to join us for the play. 

Funding:

Kraftshala is backed by number of eminent investors, including 

• Phanindra Sama and Sudhakar Pasupunuri, co-founders at Redbus and early investors in unicorns like Unacademy
• Amit Kumar Agarwal, Saurabh Garg and Akhil Gupta, co-founders at Nobroker.com (the world’s largest NoBrokerage Property Site and India’s first realty startup unicorn)
• Sujayathi Ali, Co-founder at ShopUp and Voonik
• Doreswamy Nandkishore (Former Fortune 100 CEO, Head of Asia, Oceania, Africa for Nestlé S.A. and Professor, ISB) 
• Pallav Jain and Sarfaraz Khimani (co-CEOs of Performics, India's largest SEO/ performance marketing agencies) 

What do we value (the Kraftshala Kode):

Like all good companies, we value integrity, excellence, respect, inclusion, and collaboration. Our team’s distinctiveness comes from the following:

• We seek a user-centric, value-additive mindset. People who start with the user and work backward, and take every opportunity to add value to their customers/ partners fit right in.
• We believe speed matters enormously in business. We value people who have a bias for action and are willing to take calculated risks in the face of uncertainty. 
• We value problem-solving skills. We look at problems objectively, solve for root causes, make decisions for long-term good instead of short-term gain, and don’t let processes get in the way of value addition.
• We look for learning agility. We are a team of learners who like to read, talk to experts, and seek critical feedback to be better today than we were yesterday. 
• We respect ambition & courage to take on large goals. Self-starters who demonstrate high ownership strengthen the backbone of our team. 
• We expect consistency and reliability. Predictability just makes everyone’s life a lot smoother. 
• We like people who are real and open in communication, while still being empathetic. 
• We are practical optimists. Our team strongly believes in a better future & we enjoy playing our part to make that future a reality.

Founded in 2014 by two passionate individuals during their second year at Christ College, Bangalore, Moshi Moshi is a young, creative, and committed communication company that encourages clients to always "Expect the EXTRA." 

Our diverse team of over 160+ people includes Art directors, Cinematographers, Content and copy writers, marketers, developers, coders, and our beloved puppy, Momo. We offer a wide range of services, including strategy, brand design, communications, packaging, film and TVCs, PR, and more. At Moshi Moshi, we believe in creating experiences rather than just running a company.​

We are amongst the fastest growing agencies in the country with a very strong value system.

Below are the five of the nine principles we believe in strongly.

1. Communicate Clearly.: Prioritize clear and open dialogue.
2. Doing things morally right.: Uphold integrity in all endeavors.
3. Dream it, do it.: Always Embrace optimism and a can-do attitude.
4. Add logic to your life.: Ensure that rationality guides our actions.
5. Be that fool.: Fearlessly challenge the impossible.

Come find yourself at Moshi Moshi.

Welcome to Fundly! - http://fundly.ai

We're on a mission to empower millions of small retailers and distributors across India, making them future-ready. Fundly.ai is a pioneering fintech platform nestled within the healthcare sector, providing innovative financing and allied solutions to the pharma distribution tail, specialty players, and brands.

Since our inception in early 2021, we've made significant strides. We've empowered over 2800 retailers and 40 distributors across 590+ PIN codes, disbursing funds worth more than INR 286+ Cr. We're honored to play a vital role in the pharma retail ecosystem, supporting small business owners and their communities with short-term credit.

Founded by experienced industry professionals with a cumulative experience of 30+ years, Fundly has rapidly expanded. In less than 2 years, we've grown to a team of over 50 passionate individuals spread across 12 cities. With an AUM of INR 100+ crores and USD 3M raised in venture capital, we're poised for even greater success.

Join us at Fundly and be part of a dynamic team that's reshaping the future of healthcare financing. Together, we're creating opportunities, driving innovation, and making a lasting impact. Your journey to success starts here.

Welcome to Fundly – where possibilities are endless!

Industry:- Financial Services

Are you ready to be at the forefront of the AI revolution? Moative is your gateway to reshaping industries through cutting-edge Applied AI Services and innovative Venture Labs.

Moative is an AI company that focuses on automating tasks, compressing workflows, predicting demand, pricing intelligently, and delighting customers. They design AI roadmaps, build co-pilots, and create predictive AI solutions for companies in energy, utilities, packaging, commerce, and other primary industries.

🚀 What We Do

At Moative, we're not just using AI – we're redefining its potential. Our mission is to empower businesses in energy, utilities, packaging, commerce, and other primary industries with AI solutions that drive unprecedented productivity and growth.

🔬 Our Expertise:

• Design tailored AI roadmaps
• Build intelligent co-pilots for specialists
• Develop predictive AI solutions
• Launch AI micro-products through Moative Labs

💡 Why Moative?

1. Innovation at Core: We're constantly pushing the boundaries of AI technology.
2. Industry Impact: Our solutions directly influence the cost of goods sold, helping clients surpass industry profit margins.
3. Customized Approach: We fine-tune fundamental AI models to create unique, intelligent systems for each client.
4. Continuous Learning: Our systems evolve and improve, ensuring long-term value.

🧑‍🦰Founding Team

Shrikanth and Ashwin, IIT-Madras alumni have been riding technology waves since the dotcom era. Our latest venture, PipeCandy (Data & Predictions on 12 million eCommerce sellers) was acquired in 2021. We have built analytical models for industrial giants, advised enterprise AI platforms on competitive positioning, and built 70 member AI team for our portfolio companies since 2023.