Six Degreez, an Indian startup that has developed a mobile contacts management platform, has won the IDM Jump-start and Mentor (i.JAM) programme award from the Singapore government, administered by its Media Development Authority.
The award consists of a grant of around Rs 25 lakh along with institutional support from Singapore's fast-growing startup ecosystem.
The Singapore IT Federation (SITF) will also support Six Degreez in its growth efforts. The firm will use the funds to further enhance and sharpen the features of the product. 'We believe Six Degreez to be a worthy effort and are happy to make an early contribution to their progress,' said Yong Seong Wei, manager-in-charge at the Singapore government's Media Development Authority.
Founded in last December by Arun Samudrala and Niranjan Rao, a former investment banker and an alumnus of IIMAhmedabad, the firm has developed a technology platform that helps people maintain autoupdated address books in their phone, without the fear of losing their contacts if they lose their phone.
When users change their contact details, they can update their own phones, and the Six Degreez system automatically updates all their chosen friends' phones- and vice-versa. 'The decision by the Singapore government is a big source of encouragement to us,' said Samudrala, cofounder of Six Degreez.
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