Thursday, December 23, 2021

Woobly Becomes The First Indian Startup To Make It To 10X Incubator Portfolio


* 10X Incubator, founded by Grant Cardone and Jared Yellin accepts Woobly out of over 11,000 start-up applications

* 10X Incubator aims to build, scale and sell 10,000 tech companies in 10 years

The 10X Incubator has accepted Woobly, founded by Satyaveer Paul, into the portfolio. Woobly was selected out of over 11,000 ideas submitted and is the only Indian start-up to be part of the incubator so far. As a 10X Incubator portfolio company, Woobly will bring to market a smart IoT device, Woobly | WaiterLITE, which looks like a lamp but acts as a digital assistant to the guests and waiters.

Woobly enables ultra-luxury restaurants to deliver impeccable dining experiences. The company built the iconic product WaiterLITE and tested with over 40+ luxury restaurants in India, Singapore, and Dubai, and received huge demand. Woobly’s moon shot is to be the world’s most powerful luxury brand in the dining industry by 2030.

Speaking on the achievement, Mr. Satyaveer Paul said, “Our team had to undergo a series of rounds and due diligence in front of Ideas Review Committee at 10X. We are proud and excited to be part of the 10X Incubator ecosystem and look forward to creating incredible products which will transform the ultra-luxury dining experience.

10X Incubator’s goal is to launch 10,000 tech companies in 10 years. “We will achieve this by finding the RIGHT person, with the RIGHT idea, in the RIGHT market, and with the RIGHT business model into our portfolio. Satyaveer is more than RIGHT, and I am very honored we have been able to partner,” says Jared Yellin, Co-Founder of 10X Incubator.

10X Incubator is the first and only tech Incubator to provide software development, go-to-market, branding, sales, customer support, legal, relationship capital, financial planning, and administrative services at cost while becoming a partner in the venture. Its mission is to launch 10,000 tech companies in 10 years. In less than one year, 10X Incubator has successfully Co-Founded over 100 tech companies with entrepreneurs from all over the world and all walks of life.

About 10X Incubator

10X Incubator was launched by Cardone Enterprises and CILA Labs and is based in Aventura, Florida. The 10X Incubator helps entrepreneurs all over the world take their tech ideas to the next level and transform them into thriving businesses by providing the resources they need to bring their ideas to life.

It plans to create, innovate, launch, and accelerate 10,000 tech companies in 10 years where each company eliminates at least one inefficiency in a country, industry, or the world while becoming scalable within 5-7 years.

About Satyaveer Paul

Born in small town Gorakhpur, Satyaveer started Woobly in 2016. He built innovative IoT solution to reimagine the future of luxury dining that delivers:

10X better, easier and faster dining experience for the guests

40% more efficient restaurant service &

30X dining data in real-time for business decisions

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