Former Infosys CEO SD Shibulal has invested an undisclosed sum in Child Security Tracker: Falcon. Falcon is a dashboard that enables school administrations to track the safety of their students by recording information about the child’s boarding and disembarking points from the bus from home to school and back.
It is the flagship product of Bengaluru-based Purnatva Solutions, which is part of Shibulal co-founded startup incubator Axilor Ventures’ entrepreneur-in-residence programme.
“The foundation we run has many schools and they have been looking for a solution that will bring together all the parties — transport provider, schools and parents. So recently some entrepreneurs came up and said they were interested in building it and the investment happened through Axilor,” said Shibulal.
The Falcon tracker works when its software, loaded on a tablet, is carried by the school administrative staff with details of all the students’ boarding and disembarking points along the bus route. The data is stored in the cloud and can be accessed by schools through an online portal. It also equips parents to know the location of the bus and the route, real-time.
Axilor Ventures, founded by former Infosys trio — Kris Gopalakrishnan, Srinath Batni and Shibulal — helps early stage startups in areas like e-commerce, healthcare, life sciences, sustainability and clean technology. Recently, the trio invested $1 million (Rs 6.4 crore) in Bengaluru-based e-commerce platform SellerworX Online Services and $2 million (Rs 12.8 crore) in Mysuru-based clean energy company Vigyanlabs.