Telstra's muru-D class #2 lines up a handful of startups from the digital services space. Under the muru-D program, Telstra will provide a seed capital of $40,000 for each company in return for a 6% equity in the business. muru-D, a business and an entrepreneurship accelerator program selects promising startups from all over the world across various sectors and provides them 6 months of facilitation in terms of business support, collaborative workspace, mentoring and coaching support. The class #2 follows the first muru-D class launched in 2013. Some of the startups from the 2013 class went on to secure new funding to expand their businesses.
The companies listed for the class #2 of the muru-D are mostly focused on developing web-based digital services - either digital marketplaces, online sharing platforms and crowdsourcing platforms. Among the companies selected are FanFuel, a sponsorship marketplace where brands search, measure and secure their sponsorship deal, FreightExchange, a digital marketplace for freight transporters to sell their unused capacity to businesses that need to ship goods, VClass, the first ever hybrid education platform that combines the power of Internet, VoIP and traditional pen and paper to create an online teaching experience like face to face, CrowdSourceHire, a pre-hire assessments marketplace platform that crowdsources industry experts to assist with assessment of jobs for companies and SoccerBrain, an application that makes it easy for anyone to coach a team, providing tailored, interactive training sessions week-by-week for coaches and players. Other companies on the list are Wattblock, Distrupt Surfing, You Chews, TripALocal, Peep Digital and Instrument Works.