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Kishore Biyani Led Future Group Set up Rs 100 Crore Accelerator Fund

17Apr By RishabhNo Comments

FUNDING

Kishore Biyani Led Future Group Set up Rs 100 Crore Accelerator Fund

NEW DELHI: The Kishore Biyani-led Future Group has announced setting up of Future C&D (consumer and digital) Lab in Bengaluru backed by a Rs 100-crore Accelerator Fund. The research and development activities will be supported through a Rs 100-crore Accelerator Fund that will be set up to fund the operations, technology development and IPR creation by the teams working at the Lab. “Future C&D Lab will focus on the consumer and digital space to bring in next generation innovations using artificial intelligence, Big Data Analytics, Blockchains, Internet of Things, robotics and allied technologies,” Future Group said in a statement today. Future Group founder and CEO Kishore Biyani said, “The Future C&D Lab is aimed at co-creating next generation technologies for the consume...

Axilor Ventures Announces 20 Startups that Made To Its Fifth Accelerator Batch

14Apr By PriyankaNo Comments

News

Axilor Ventures Announces 20 Startups that Made To Its Fifth Accelerator Batch

Bangalore, April 13, 2017: Axilor Ventures announced the list of 20 startups that made it to its Summer'17 accelerator batch. This is its fifth batch and is the largest accelerator cohort in India. Talking of the new accelerator cohort, Ganapathy Venugopal, Co-founder and CEO of Axilor said, “The institutional capacity to support early stage startups in India is quite low - whether it is the structured programs to systematically improve the odds of success of startups, the market access that they need in their early days or the angel investment capacity. This has been Axilor's mission and by doubling the capacity of this batch to 20 startups we have taken one more step to bridge these gaps. We are very excited to work with the new cohort. The cohort of 20 startups and 52 founders mak...

IIM Bangalore Selects 15 Women Entrepreneurs For 1 Year Incubation Programme

26Feb By AnkitaNo Comments

News

IIM Bangalore Selects 15 Women Entrepreneurs For 1 Year Incubation Programme

The Indian Institute of Management Bangalore and Goldman Sachs today selected 15 women entrepreneurs and their ideas for incubation over next year as the final phase of its Women Startup Programme. his is a Goldman Sachs-backed customised online and classroom training programme designed to grow next generation of female entrepreneurs, Goldman Sachs said in a statement. The 15 women selected to incubate (their ideas) at IIMB will receive a fellowship of Rs 40,000 per month, while they further develop their business ideas. "Since 2008, through our 10,000 women initiatives, Goldman Sachs has been investing globally and in India in the economic empowerment of women through education and access to capital," Goldman Sachs (India) Chairman and co-CEO Sonjoy Chatterjee said. "The innovat...

Axilor Ventures Plans to Accelerate Investments in Early Stage Startups

11Feb By NitishNo Comments

News

Axilor Ventures Plans to Accelerate Investments in Early Stage Startups

Axilor Ventures today announced that it plans to accelerate its investments in early stage startups. It is looking to double the intake of startups for its 100-day accelerator program, the applications for which are currently open. In the last two years since inception Axilor has supported 30 startups through its accelerator program and invested in over 20 startups through its investment programs. Axilor’s fast growing portfolio now includes startups in AI, Enterprise, Fintech, Consumer Internet and Healthtech. Talking about the outlook for startups, Kris Gopalakrishnan, Chairman of Axilor Ventures said, "We are getting ready for the second wave of startups. A fast growing base of online consumers, an enabling public digital infrastructure, growing pool of founders with prior startup e...

Bosch India Launched 18 Week Startup Accelerator Programme Called DNA

22Nov By NitishNo Comments

News

Bosch India Launched 18 Week Startup Accelerator Programme Called DNA

Technology and engineering solutions company Bosch India today launched its first accelerator programme for start-ups called DNA - 'discover, nurture and align', to gain a foothold in the country's booming start-up market. This is first time Bosch would be working with external start-ups to mentor and get them investment-ready, the company said in a statement here. The 18 week programme comprises an intense development, mentoring and piloting platform for start-ups. This platform offers start-ups the opportunity of gaining access to Bosch's working environment. "Bosch India is looking to partner and collaborate with start-ups that work on disruptive solutions in the areas of mobility solutions, smart manufacturing, smart cities, meditech, agritech and energy," said Manohar Esarapu, ...

Microsoft Accelerator In a Joint Initiative With Tata Launched Startups Accelerator Center

27Jun By AdityaNo Comments

BUSINESS

Microsoft Accelerator In a Joint Initiative With Tata Launched Startups Accelerator Center

Microsoft Accelerator in India and TCS Co-Innovation Network have announced a joint initiative to create a platform that provides a boost to the Indian startup ecosystem. Under the collaboration, an open innovation framework will be created to mentor and engage with startups to bring their innovative solutions to market. The announcement was made at Think Next Summer 2016, Microsoft Accelerator’s flagship forum, which brings together thought leaders in technology who are driving transformation via innovation. “The progress India has made in IT and entrepreneurship over the past four decades, has radically changed the landscape offering new entrepreneurs unmatched opportunities. As one of the contributors to the startup ecosystem in India, we felt it was a story worth telling. It has tak...

Cook Inaugurates Apple Maps Development Office in Hyderabad

19May By NitishNo Comments

News

Cook Inaugurates Apple Maps Development Office in Hyderabad

Apple Inc today announced the opening of a new office here that will focus on development of Maps for its products including iPhone, iPad, Mac and Apple Watch. The Californian tech giant said in a statement that this investment will accelerate Maps development and create up to 4,000 jobs. The company, however, did not disclose the quantum of investment that it intends to invest on the facility. "We are thrilled to open this new office in Hyderabad which will focus on Maps development," Cook said. "The talent here in the local area is incredible and we are looking forward to expanding our relationships and introducing more universities and partners to our platforms as we scale our operations," he said. Apple has been continually updating and adding new features to Maps includ...

6Jun By NitishNo Comments

News

List of TOP 5 Accelerators in India!!!!

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 o...