Thursday, April 25

Twitter Co-founder Invest in an Indian Startup

In a first major initiative in Kerala, microblogging and social networking platform Twitter’s co-founder Biz Stone said he would invest in a startup mentored by Kerala Startup Mission (KSUM).

Announcing this through video conference of a global meet near here, the Twitter’s co-founder and angel investor Biz Stone said he would be investing in the Kochi-based startup Sieve.

The occasion was the inaugural ceremony of the second edition of ‘Huddle Kerala 2019’, one of Asia’s largest congregations on startup ecosystem. The two-day event, organized by the Kerala Startup Mission (KSUM) in association with Internet and Mobile association of India (IAMAI), is being held at nearby Kovalam.

Founded by Sanjay Nediyara, a hearing-impaired entrepreneur, Sieve is a complete platform for freelancers and agencies that provide the infrastructure from websites to digital signatures and all way up to invoicing and payment management.

The company currently serves in the US market and would soon be expanding to Europe.

Commenting on the investment, Stone said, “I have used the product of Sieve as a freelancer. As an angel, I consider the person first and the product second. I find Sanjay as a dedicated, empathetic and extremely hardworking individual.”

He said he was proud of associating with Nediyara and the company from Kerala. However, Stone did not disclose the investment amount.

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