What is an Accelerator?
Seed accelerators also known as startup accelerators are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day – wikipedia
Business Accelerator exploration is the engine that drives innovation, innovation drives economic growth, and to be on this right track to explore things and have sustainable economic growth, a business needs excellent mentoring. This is where ‘Accelerators’ come to play a crucial role.
So here is a list of top 5 accelerators from India, who not only help startups to enlarge their vision but also guide in market expansion and other focus areas. Below we have mentioned about them and their funding & equity data. Have a look,
List of top 5 Accelerators in India
GSF:
They spur innovation and entrepreneurship, through angel and seed investing. They aim at developing knowledgeable and keen learners, hence pick the start-ups and mentor them accordingly. They align their resources towards sustainable development, engaging maximum response and outcomes, within a defined phase.
Funding – $25k – 50K for 5 – 8% equity
TLABS:
TLABS is an Indian Accelerator which primarily focuses on Indian-Internet and Mobile Technology start-ups. They have a huge panel of mentors, including renowned Entrepreneurs, with high-level of experience. They provide support via weekly catch-ups, meetings, constant guidance etc. They also incorporate high-level Venture Capitalist’s engagement.
Funding – INR 10 Lakh against 10% Equity
Indian Angel Networks:
For Entrepreneurs, By Entrepreneurs. IAN is a Business Accelerator funded by National Science And Technology Entrepreneurship Development Board, Govt. of India. With ‘Money, Marketing and Market access’ being their initial peripherals, they emphasize on high-quality marketing and ensuring adequate monetary aid for the start-ups
Funding – NA
Startup Centre:
With their vision set forth at supporting technology entrepreneurs and build global startups, leveraging technology to solve real world problems. They work closely with the ventures, providing them access to all the needed resources throughout. Startup Centre works intermittently with the ventures ensuring proper guidance and support throughout the acceleration period.
Funding – INR 10Lacs against 8-12% Equity
Jaarwis Accelerator:
“Build, Grow, Succeed”, With this as their governing mantra, JA is definitely providing mentorship to look up to. ‘Pitch-It’, being one liner which sure-shot explains the core mindset, how they work and like their ventures to work with them. JA, plays big on ‘Ideas’, as one of the co- founders rightly says, ‘’We aim to become a rapid development partner that can transform your start-up idea into reality”. JA thrives to create an Eco-System for the Entrepreneurs, By the Entrepreneurs, which distinctly segregates them from others.
Funding – $25k – 50K for 8 – 15% equity