TLabs, a mentorship-driven accelerator program developed by Times Internet Limited (TIL) has announced its third batch of start-ups comprising of seven ventures. TLabs provides an initial seed funding of Rs 10 lakh and take 10% equity in return. The current batch will graduate in June 2013. While two of them are focussed on education others are in mobile payment, food domain, weekend holiday bookings, marketing platform for offline retailers and platform providing cloud collaboration services. The next batch of the accelerator program will start sometime in August 2013 and will have 10 start-ups.

Happay

Happay offers a mobile wallet, which enables people to pay anyone by just using their phone number. Users can recharge their phone, pay bills on time, shop at Happay Store (in-app shop) for gifts, track their personal and group expenses, split and settle bills with friends, store loyalty cards at one place and even request payment from friends. 

GradeStack

GradeStack aims to become a comprehensive store of coursesand deliverfaster interactive learning on mobile devices. It enables this by offering courses on native apps currently available for Android and iOS. The start-up is doing partnerships with content experts and clubs it with its technology/solution to provide best in class learning experience. 

Langhar

Langhar is a web/mobile app to discover delicious and nutritious dishes cooked by real people at their amazing homes. It is a community marketplace enabling common people (housewives, hobbyists, professional cooks) to convert their homes into unique restaurants to earn extra income. 

Offermandi

OfferMandi is 24*7 geography based marketing platform giving local retailers of a city a must online presence to advertise their business among the local internet users and the end consumer a single portal to check offers relevant to their needs and geography. 

Oogwave

Oogwave is free to join, private cloud collaboration platform, accessible on computers, mobiles and tablets, providing hassle-free collaboration with integrated productivity and communication tools.

PrepSquare

PrepSquare is a self-assessment tool for competitive exam test-takers. Starting with the JEE Market, PrepSquare brings independent teachers online and connect them directly with students, allowing teachers to monetize their skills directly without the umbrella of coaching institutes. 

iExperience

iExperience is an online platform that sells things to do for your weekends and vacations. It aims to being a managed service with focus on curation of great experiences, awesome customer experience and strong vendor backend.