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Thursday, June 16, 2011

Seed Fund MyFirstCheque Invests In mKay Technologies

MyFirstCheque, a seed fund has announced seed investment in mKay Innovative Solutions Private Limited (they earlier invested in Mericar.com).

MyFirstCheque does small investments in the range of 5–25 lakhs and provides mentoring to startups.

mKay is Bangalore based startup that is building services and products for various domains like IT, Education, Legal, Healthcare, Agriculture, Social Welfare, among others under one web platform. As a pilot project, mKay’s first web based service, apply2many.com will addresses the problem of college applicants and educational institutions. Online Enroll Enlist Service (OEES) by mKay will automate and streamline application procedure. It will manage application forms, admission procedures, applicant profiles, fee payment modes and applicant-institution interactions on a single virtual platform.

As a concept, apply2many solves a huge challenge that a lot of students face (in terms of applying to multiple colleges etc), though the execution needs to be honed (i.e. we will profile apply2many when the product is ready for a coverage).


View the original article here

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