As per report, Investopad a Gurgaon-based an early stage incubator has launched its third centre in Bengaluru. This centre will include 20 start-ups at a time over a period of six months, the company said on Thursday.
Investopad, founded by Arjun Malhotra and Rohan Malhotra in 2014. They have opened two hubs in Delhi and Gurgaon before starting Bengaluru one. They incubated and invested nearly half a million dollars in companies like Zenatix, MyPoolin, Wealthy, Mavin and Octomatic among others in recent months.
The platform helps entrepreneurs with resources in design, digital marketing and recruitment and connects them to other mentors and investors. Investopad made close to nine investments in the past year, plans to make close to 15 investments every year at the early stage in small teams focused primarily on technology product investments.
“With our last three investments being Bangalore-based teams, we’re seeing the highest density of product innovations coming from the area,” Arjun Malhotra, co-founder, Investopad, said in a statement.