Timbru Ventures first investment is a government policy research and consulting startup, The Indian Iris
The Indian Iris raised and undisclosed seed fund from Ahmedabad-based Timbru Ventures. This is Timbru Ventures first investment. This startup is in the business of consulting and research of government policies and schemes. They translate comprehensive government (state & central) policies and schemes into various languages that are easily understandable.
Founded in 2015 by Narayan Singh Rao, a 2005 graduate from IIT-Roorkee, who has completed an Executive MBA from IIM-Ahmedabad, had worked as a member of the National IT Committee of Bharatiya Janta Yuva Morcha (BJYM) during the 2014 elections.
Talking about the startup, co-founder Sahitya Sindhu, said, “We started with the thought that all governments, center or state, formulate some policies and schemes for the welfare of businesses or for their citizens. However, many times the information is not easily available, searchable and easily understood by common citizens, depriving them from availing benefits. There are language barriers too. That’s where The Indian Iris aspires to play a major role.”
Unlike the usual steps after being funded, this startup is going to increase its resources that handles customer queries, for faster engagement.
There is Google to help with Government policies and schemes, but you need a consultant that will help you understand them. PM, Narendra Modi’s government itself launched 40+ schemes and it takes time and patience to let that information seep in. The Indian Iris is a consultant that match’s people requirement to schemes available.
All businesses are going online shows this year’s internet trends. There is a huge demand for physical consultants for government documentation, but this startup is providing this service through online. This startup is providing e-consulting, only in time we will know how far they will take this business to.
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