Profoundis makes it to Start-Up Chile & Blackbox.vc Connect

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Kochi: The Kochi Startup Village based Profoundis Labs has been selected to ‘Blackbox VC connect’, a business immersion programme at Silicon Valley, United States as well as the ‘Start-Up Chile’ programme, an initiative by the Chilean Government.

Blackbox VC Connect is a two week immersion programme in the Silicon Valley which enables high potential start-up companies from outside the US to understand the matured ecosystem in Silicon Valley and find opportunities for growth. Founders will travel to Silicon Valley for the two weeks, where they will have the opportunity to live and collaborate with like-minded entrepreneurs from all around the world and take part in an intense agenda of meetings and workshops with entrepreneurs, investors, experts and executives.

According to Jofin Joseph, Co-Founder & COO, Profoundis, “We are among the eight companies selected globally and the only one from India for this batch of the VC Connect. This is a great achievement for us at Profoundis.”

‘Start-Up Chile’ is an initiative by Chilean government to improve the start-up ecosystem in Chile by inviting top start-ups across the globe to Chile. Profoundis is among the five companies selected from across India for this programme. Start-up Chile will host 85 companies from 28 countries. As a participant in Start-Up Chile they will get the opportunity to take part in seminars, talks, and classes in local universities; mentor young Chilean entrepreneurs; travel the country sharing their experiences of success and failure, hoping to incite the Chilean innovators to be global entrepreneurs.

On course of the six month programme, the Chilean government will support the company with funding, business establishment support, building a team at Chile and expanding their market across Chile. A team from Profoundis will move to the facility in Chile in the month of November 2013 to pursue the programme where they will undergo a six month deep immersion programme to expand the business to Chile and other countries in South America.

“We see this as a great opportunity to expand our business and we hope this to be a big break in the journey,” added Arjun R Pillai, Co-founder & CEO, Profoundis.

Profoundis was founded by Arjun, Jofin, Anoop Thomas Mathew and Nithin Sam, while still at their College of Engineering, Chengannur in Kerala.

Kerala IT News

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