Xiaomi founding member and Founders of Bounce Infinity and Jar App invest Rs. 3 cr in seed round in Selligion Technologies, makers of the world’s first consumer cloud computer
Selligion has conceptualised, designed, and developed the world’s first consumer cloud computer and have set out to reimagine computing for India by building a hardware and cloud-based software ecosystem that can deliver powerful computing to every Indian for Rs. 399 a month or less. The team is currently piloting the world’s first cloud-based computer they have built with real customers and will be opening sale for one variant of their computer to customers across the country before the year ends.
The CEO of Bounce Infinity Vivekananda Hallekere, CEO of Jar App Nischay AG, Xiaomi Global founding team member Alvin Tse along with seasoned investor and founder of Amarante Shipping Captain Prashant Priya participated in the seed round investing Rs. 3 crore in Selligion Technologies Private Limited. The funds will be utilized to build a scalable cloud-based software ecosystem for future deployment while distributing a variant of the computer to a sizeable number of students on a monthly subscription model.
“On one end there is a future where nearly every business and work opportunity will either be tech-based or tech-enabled and on the other end data suggests that less than 10-15 per cent of Indian homes own a computer. We recognize the reasons for this gap and are reimagining computing for India by building a cloud-based ecosystem and an easy-to-access delivery model. The seed fund we have acquired will help us scale faster and enable every Indian student to access opportunities that come with access to powerful computers,” said Yoshita Sengupta, Co-Founder and COO, Selligion Technologies.
“We see the potential impact that the technology being built by Selligion can have on future generations, the economy and the technology infrastructure in India. We believe in the team’s intent and are happy to back them,” said Vivekananda Hallekere, Co-Founder and CEO of Bounce.
Selligion Technologies is co-founded by Naman Chakraborty (CEO), Yoshita Sengupta (COO), Joby John (CTO) and Puneet Raheja (Head of Web Experience & Data).
Background on the Founders
Naman’s first start-up Arohan at the age of 19 was backed by the Department of Science and Technology, Government of India and the World Bank. A Computer Science and Engineering graduate, Naman has built his career in digital advertising by co-founding Coffee Digital, 4nought4 Digital, a boutique Digital Television Analytics start-up – Goonjlabs and being a part of the founding team at Every Media India.
Puneet is a self-taught programmer and co-founded a number of successful influencer marketing and digital content marketing start-ups in 2014. He has worked with the 120 Media Collective and as Head of Growth for Supari Studios. In 2021, he built an advanced AI-based platform that helps writers, researchers and journalists research faster and with more context and historic data.
Joby graduated from Park University (Parkville, Missouri) with a Bachelor of Science in Information and Computer Science in 2010. In 2012, he worked as a co-founder at an edtech venture named Parent University. He has worked as a software Engineer with companies in the United States and India including Orbitz, LimeTray, GetMyParking and Bridge Impact.
Yoshita is an alumna of Sophia College in Mumbai, the Asian College of Journalism in Chennai and Cardiff University in the UK. She has worked with mainstream publications like DNA, Midday and Zee and with video content platforms at LeEco and The 120 Media Collective. She founded Underscore, a Mumbai-based content agency, and Co-founded an AI-based research platform Groundwrk with Puneet.
