VADODARA: Startup incubated by the University of Incubation Center M will launch its IPO in the coming months.
Anand Vadhadia, MSU Alumni and Pass-Out 2015 from the Department of Computer Science and Engineering of the Faculty of Technology and MSU Engineering have launched Livars – a unique social platform for human value identification – five years ago.
The portal developed by 30-year-old Hemophilik has even pocketed international patents in March 2018.
Now, with the support of the University incubation center, Anand plans to include his startup – Myrestic Technologies Pvt Ltd – on the BSE Startups platform.
The best-selling as a beginner of the first Vadodara student to come with an IPO, Anand got an idea to develop this platform from his personal experience.
“I realize that there is no platform like that where I can share my expertise in dealing with hemophilic with other people who have the same problem around me.
So, I develop this platform where hemophilic people can connect with others around it.
He must use keywords – hemophilic, “Anand said, whose social platform currently has 3.5 lakh users worldwide, maximum of European and Western countries.
After incubation at the MSU, Startup got a guide from Akash Pandey in incubation cells.
“This start-up was awarded the National Proshansa Award 2020 under the Startup Policy and Innovation of Gujarat government students as a national growth startup in December 2020,” Pandey said.
“There are no other people who can make a portal similar to us because of national and international patents which are our main USP,” Pandey said, added that before international patents were published in 2018, popular social networking sites had raised several questions about the algorithm.
from this portal.
“It was only after we finished their question that we could continue with international patents,” he said.
“The main differentiation between existing social networking sites and livears is that with our platform you keep in touch with the people closest to you, have one-to-one connection and that too, based on their real expertise that is free,” Anand said.
Startup has received a startup certificate from the Industrial Policy and Promotion Department, the Indian government.