Woobly becomes the first Indian startup to make it to 10X Incubator portfolio

Woobly, a tech start-up in ultra-luxury dining, has got accepted into 10X Incubator, founded by billionaire Grant Cardone and Jared Yellin.

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.

Florida-based 10X Incubator, launched by Cardone Enterprises and CILA Labs, 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.   

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.

“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,” said 10X Incubator Co-Founder Jared Yellin.

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.

Launched in 2016, 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.

 “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,” said Woobly founder  and CEO Satyaveer Paul.

Image courtesy Blue Vector