Redkar, 25, was shortlisted by EO’s Goa chapter based on an interview where he outlined the potential that his startup offers. EO-Goa president Anirudh Agrawal and GSEA chair Sunaina Gera were on the jury that selected Redkar.
“My startup Sygence Pvt Ltd has designed a business forecasting model to bridge the gap between demand and supply,” said Redkar, who is currently pursuing his postgraduation in computer science (MS) at the University of Massachusetts.
Entrepreneurs’ Organisation is a global business network for business leaders with a presence across 61 countries.
Redkar’s startup took flight in May in the midst of the Covid lockdown in partnership with his mother. With an 11-member team, he is working on fine tuning the tech platform to go live from April 1.
“We are also in advanced stages of discussions with a US-based company with specialisation in quantum computing, to collaborate and partner in development and marketing of their AI driven Super Forecasting Model in India. We have already earned $6,000 revenues through e-invoicing for two clients in India,” said Redkar.
The global student entrepreneur award is open to students enrolled in a university or college while being an owner, founder or controlling stakeholder of a company. The second round of the competition will be held in the coming week at the India level and the global finals will be held in April.
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