Ideas|Products|Startups|VCs

Simplilearn is Bangalore based startup targeting global audience who aspire for PMP certification. Simplilearn is a SaaS based online learning platform, integrated with essential Web 2.0 tools, which provides professional organizations and training solutions providers with a fast and flexible way to configure and deploy their learning contents.

Simplilearn is a certification preparation Portal. Simplilearn provide working professionals the option of attending Live virtual classes from the convenience of their home or office. It provides a balanced mix of e-learning, classroom learning and live virtual classes to address the unique learning needs of working needs of working professionals.

Simplilearn is founded by Krishna kumar a serial entrepreneur, earlier he cofounded TechUnified, which got acquired by a public listed company in Feb 2007. By the time of acquisition, TechUnified had world class products in the areas of Mobile Banking, Voice Banking and Telecom Self Care.

SimpliLMS the LMS from Simplilearn, helps them create, manage and deliver various standard as well as customized courses that are of global values and provides them all the features of a good blended learning. Simplilearn also addresses those organizations that have a good course curricula and a strong base of learners but are looking out for economical LMS to go online. SImplilearn develops fully customized learning portals that yields higher ROI.

Simplilearn has trained more than 3000 PMP aspirants from across 100+ countries. Simplilearn provides customizable solutions to meet unique training requirements of organizations. Simplilearn plans to introduce other certification training programs like ITIL Training, CAPM Training, CISA, and Six Sigma training in the near future.

Simplilearn competes with global players like PMCC, CELTEM, PMSTUDY.

Simplilearn USP -

• Live Virtual Classes from India to global audience.
• Pioneers of blended learning approach for certification preparation.
• Intuitive and excellent user interface.
• Product bundling done quite smartly, user can buy the complete package or individual item like online courses, mock tests.

-Hitesh, vcBytes.com

WealthERP is a bangalore based startup which provides SaaS based wealth management cum financial services platform for wealth advisors and financial planners and distributors. Their platform covers multiple asset classes and allows advisors to plan, manage and analyze investments across assets and have a 360 view of their client’s investment portfolio. WealthERP is not a personal finance management portal and is not for end users.

WealthERP will help financial intermediaries increase the penetration of wealth management and financial products to rural and non-metro areas by providing them with an economical platform that is rich in features and functionality, without the hassles of owning the infrastructure.

Let’s analyze the pain points and gaps WealthERP is addressing -

• a) inadequate advisor and customer education
• b) emphasis on legacy investment products
• c) prohibitive economics of processing transactions and servicing customers
• d) legacy delivery systems
• e) high dependence upon commission based sales model.  Majority of the advisors do not have any software.  Usage of process driven tools for scientific financial planning and wealth management is lacking.   Advisors reach in non-metro and rural areas is very low.  Scalable and affordable technology solutions are very few.

WealthERP is founded by Monish Jamwal, he worked with Bank of New York and Credit Suisse before starting this venture.

-Hitesh, vcBytes.com

HealthHiway promoted by Apollo Hospital Group has raised $4 million round of funding from Greylock Partners. Based out of  Bangalore HealthHiway provides SaaS soultions to help hospitals, clinics, insurance providers, pharmacies and diagnostic centers collaborate on billing, patient records, x-rays and claims.

HealthHiway was started in 2007 and provides various hospital management solutions and prominent offerings are – ClinicConnect organizes patient registration and medical records, ClaimsExchange is an online claims processing system, and ImageConnect captures and processes radio images such as X-rays, CTs and MRIs that can then be shared.

-Hitesh, vcBytes.com