Milliways Ventures

Milliways construct a stellar track record of both entrepreneurship as well as investment. They have created companies of over $1 Billion in value as well as were early investors in companies like Facebook, Lyft and Whisper.

Venky Harinarayan

Partner

15 past transactions

MediBuddy

Series B in 2021
MediBuddy is the award-winning technology platform from Medi Assist that transforms the health insurance industry at the very core. MediBuddy, with its diverse offerings for various stakeholders of the health benefits industry, makes the process of discovering, accessing, utilizing and monitoring health benefits seamless, real-time and virtually paperless. Here is how MediBuddy addresses the varying needs of the diverse stakeholders in the health benefits ecosystem: • Members: MediBuddy is a comprehensive one-stop health benefits management platform that gives members access to inpatient, outpatient, wellness, fitness and preventive care services offered by our curated network of healthcare providers. Accessible both as an online portal as well as a mobile app, MediBuddy gives members unparalleled, real-time access to all their health benefits anytime and from anywhere. • Corporate HR: Individual logins for HR members provide them a transparent view of everyday claims management. The dashboard gives real-time information about claims in process, settled, denied, etc., and also allows HR members to raise, track or manage claims on behalf of their employees. • Insurers and decision makers: MediBuddy offers near-real-time MIS report of all critical parameters that allows for comparative study across years and policies with ease. Our business analytics module packs the power of multiple pivot tables into simple drop-downs for deep, decisive insights into your portfolio. Simple, graphical representation of data enables easy comparison, trend mapping and predictive analysis. • Hospitals: Medi Assist network hospitals enjoy real-time access to all cashless claims with MediBuddy. From receiving alerts for planned eCashless hospitalization, to raising preauthorization, enhancement and final billing, and also dashboards to view total claims settled, in-process, etc., hospitals get all the information they need on one common interface.

DocsApp

Series B in 2020
DocsApp is an online doctor consultation platform. DocsApp is a mobile platform where people from India can consult a specialist MD Doctors with in 30 minutes in various specialisations through chat or call from the location of their convenience. DocsApp has specialist Doctors in the following specialisations.

Aibono

Seed Round in 2019
Aibono is a technology-driven company based in Bangalore, India, that focuses on enhancing agricultural productivity through data instruments and predictive analytics. Founded in 2014, Aibono offers solutions that support farmers from the sowing stage to harvest, utilizing precision farming techniques and Just-In-Time harvests for super perishable fruits and vegetables. The company employs patent-pending drones equipped with multispectral cameras to gather critical data on plant growth, vigor, and stress levels caused by diseases or nutrient deficiencies. Additionally, Aibono's field experts conduct advanced nutrient testing and monitor various soil and weather parameters. By analyzing this data, Aibono provides actionable insights to farm managers, enabling informed decision-making to improve yields and reduce losses. In recognition of its impact, Aibono received the Economic Times Startup Award for Best Social Enterprise in 2017.

Motorq

Seed Round in 2018
Motorq enables access to connected vehicle data and analytics at scale so that enterprises such as fleets, insurance companies and governments can rapidly improve operations and expand services. They future-proof the vehicle data strategy for these enterprises, empowering them to lead in the new mobility world.

Zenprivex (ZPX)

Seed Round in 2018
ZPX, a startup that is building a decentralised cryptocurrency exchange in Singapore .Zenprivex (ZPX is a Singapore-headquartered investor and builder of blockchain asset .

Passage AI

Seed Round in 2017
Passage AI, Inc. specializes in creating artificial intelligence-driven conversational interfaces that enable businesses to develop and deploy chatbots across various platforms, including messaging services, voice interfaces, and websites. Founded in 2016 and based in Mountain View, California, with additional offices in Pune, Hubert, Hamburg, and Tokyo, the company offers tools for planning, building, and managing bots, allowing for the integration of intents, webhooks, decision trees, and knowledge bases. Its platform supports real-time analytics and facilitates customer interactions across multiple channels, enhancing customer service, marketing, retail, IT automation, HR automation, and virtual assistance. As of early 2020, Passage AI operates as a subsidiary of ServiceNow, Inc.

Trooly

Series A in 2016
Trooly, Inc. operates an online platform focused on enhancing peer-to-peer social and business interactions through its Instant Trust™ services. Founded in 2013 and based in San Francisco, California, Trooly functions as a consumer reporting agency, utilizing machine learning technology to analyze digital footprints in real time. This approach allows the company to provide instant evaluations of trustworthiness, significantly addressing the challenges posed by the rapid pace of modern commerce. Trooly's services are particularly valuable to large financial institutions, peer-to-peer marketplaces, and employers, offering a cost-effective solution for verifying identities and assessing risk. The Instant Trust rating service requires minimal customer data and delivers results within approximately 30 seconds, proving to be at least twice as effective as traditional background checks. Trooly is committed to complying with privacy and data protection laws while ensuring transparency and respect for individual privacy. As of June 2018, Trooly operates as a subsidiary of Airbnb, Inc.

Paysa

Seed Round in 2016
Paysa, Inc. designs and develops an online platform that allows individuals to maximize their salary across the span of their career. The company’s personalized career platform enable employees to optimize the value of their careers, across the full career by providing users with personalized and actionable tools, insights, and research. It serves students and professionals in software, data science, and information technology. The company was formerly known as Compgenome, Inc. Paysa, Inc. was incorporated in 2015 and is based in Palo Alto, California.

Robin.io

Series A in 2015
Robin.io is an application virtualization software company based in San Jose, California, founded in 2013. The company specializes in providing application-defined data center solutions through its Robin Application Virtualization Platform (AVP), which is a container-based platform that decouples applications from traditional server and storage constraints. This technology enables the seamless sharing of resources across different machines and simplifies application deployment and lifecycle management. Robin.io's platform enhances the agility and efficiency of Kubernetes, making it suitable for a wide range of applications, including big data, databases, and artificial intelligence. The company aims to address the challenges of running complex applications in Kubernetes, facilitating faster roll-out of enterprise IT initiatives and improving developer productivity. With a team comprised of veterans from leading technology firms, Robin.io is positioned to disrupt the virtualization market, supported by strategic partnerships and investments from notable investors.

Hyperverge

Seed Round in 2015
HyperVerge, Inc. is a technology company founded in 2014 and based in Los Altos, California, that specializes in artificial intelligence engines for image and video analysis. The company offers solutions under the HyperVerge FinTech and HyperVerge Geospatial brands, catering primarily to the financial technology sector and other disruptive organizations. HyperVerge's platforms provide advanced tools for identity verification, including face detection, scene recognition, and duplicate photo detection. These capabilities enable clients to streamline documentation processes, reduce fraud, and ensure compliance with anti-money laundering regulations. Additionally, HyperVerge's technology supports the analysis of consumer-generated content as well as emerging data from drones, satellite imagery, and industrial sources.

Cuberon

Seed Round in 2015
Cuberon is a customer behavior analytics company that helps product and marketing teams to discover, analyze, and visualize customer behavior that impacts their business metrics. The company allows business users to ask and answer questions without requiring to know query languages, data sciences, and go through reports. Cuberon was founded in 2015 by Abhishek Gattani and Digvijay Singh Lamba. It is headquartered in Sunnyvale, California.

Descartes Labs

Seed Round in 2015
Descartes Labs, Inc. specializes in deep learning and image analysis, utilizing advanced machine learning algorithms to categorize and interpret visual data from various sources, including satellites, drones, and cameras. Founded in December 2014 as a spin-out from Los Alamos National Laboratory, the company initially focused on agricultural models to predict crop yields using satellite imagery and weather data. Recognizing the broader applications of its technology, Descartes Labs developed a cloud-based geospatial analytics platform that enables organizations to analyze vast datasets for insights into natural resources and supply chains. The platform processes data from major satellite constellations, providing rapid access to analysis-ready images and supporting intelligent learning models. By normalizing and presenting science-ready data, Descartes Labs accelerates the application of machine intelligence for diverse users, including businesses and governments, enhancing decision-making and operational efficiency. The company is headquartered in Santa Fe, New Mexico, with additional offices in San Francisco, Los Alamos, and New York City.

Twin Prime

Series A in 2015
Twin Prime makes mobile apps fast. Performance in mobile depends on a variety of factors such as the wireless network technology, device models, operating system software and even the nature of the app itself. This makes the problem incredibly hard and complex. Twin Prime uses machine learning to make sense of these factors and delivers content to apps in the most optimal and quickest way.

Inksedge

Seed Round in 2014
Inksedge Infotech Private Limited operates as an e-retailer. It offers birth announcement cards, holiday cards, Diwali cards, Christmas cards, New Year cards, party invitations, baby shower invitations, personalized cards, and more in India. The company was incorporated in 2014 and is headquartered in Bengaluru, India.

TigerGraph

Seed Round in 2013
TigerGraph is a provider of a graph database platform for enterprise applications. It fulfills the true promise and benefits of the graph platform by supporting real-time deep link analytics for enterprises with complex and colossal amounts of data. TigerGraph’s proven technology is used by customers including Alipay, VISA, SoftBank, State Grid Corporation of China, Wish and Elementum. The company supports applications such as IoT, AI, and machine learning to make sense of ever-changing big data. It also provides personalized recommendations, fraud prevention, supply-chain logistics, company knowledge graph, and other features. Founded by Yu Xu, Ph.D. in 2012, TigerGraph is funded by Qiming VC, Baidu, Ant Financial, AME Cloud, Morado Ventures, Zod Nazem, Danhua Capital, and DCVC. TigerGraph is based in Redwood City, CA.
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