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Last Updated Thursday May 24 2018 07:50 AM IST

Kerala startup Buyfie chosen for South Korean acceleration initiative

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Kerala Startup Buyfie chosen for South Korean acceleration initiative

Thiruvananthapuram: Buyfie, a Kerala-based hyperlocal e-commerce startup, has been selected for the prestigious "in2Korea" acceleration program.

Conducted by South Koreas Ministry of Science and ICT (MSIT) and National IT Industry Promotion Agency (NIPA), the program offers startups the opportunity to fast-track their growth in one of the worlds major IT hubs, a press release said here Saturday.

One of only 30 tech startups invited to participate from around the world, Buyfie founded by three brothers, Praveen S S Pranav S S and Prabin S S in the city - was chosen on the basis of its minimum viable product (MVP), the release said.

Buyfie was incubated under Startup Dreams, a social sector initiative by the Scheduled Castes Development Department in association with the Kerala Startup Mission.

Incorporated in 2016 as Axen Software Pvt Ltd in Technopark, the company offers a first-to-the-market for goods or service-based e-commerce local store network.

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