HomeIndian Startup EcosystemAxilor Ventures Plans to...

Axilor Ventures Plans to Accelerate Investments in Early Stage Startups; To Double Intake for Its Accelerator Program

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 Ventures 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.

Axilor Ventures Plans to Accelerate Investments in Early Stage Startups; To Double Intake for Its Accelerator ProgramTalking 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 experience and increase in early stage seed capital are creating the conditions for this second wave.”

Commenting on how the accelerator program improves the odds of success of startups, Ganapathy Venugopal, Cofounder and CEO of Axilor said, “In an uncertain funding environment, Axilor’s accelerator program is a great opportunity for entrepreneurs to scale their startups and get funded quickly. 70% of the startups from the last batch have successfully moved to their next stage – half of them have already secured funding, one has been acquired and the others are in advanced stages of pilots. The program enables them to accelerate progress, sign up customers and get funded, quickly.”

Watch the 10 reasons why you should apply to the Axilor Accelerator Program:

On the upcoming Summer batch, he said, “We have one of the most founder-friendly programs and are seeing great response to our call for applications.” Axilor is looking to double the intake of startups to its upcoming Summer ’17 accelerator batch. The program is open to early stage startups focused on Artificial Intelligence, Enterprise, Fintech, Consumer Internet and Healthtech. The program’s uniqueness lies in a cohort-based structure with focused sector mentoring and market access. With specific partnerships for each of these sectors, startups get a ready launch pad for their products, acquire early customers and can grow business quickly.

Applications for the Summer ’17 accelerator program are currently open. To learn more and apply visit www.axilor.com. The applications close on 23 February, 2017 and the batch is scheduled to start in March ’17.

About Axilor Ventures: Axilor Ventures is a platform for supporting early stage startups. Through its accelerator and seed fund programs, it helps early stage startups improve their odds of success. It was founded by some of the iconic entrepreneurs and business leaders, which include Kris Gopalakrishnan, S D Shibulal, Professor Tarun Khanna, Srinath Batni and Ganapathy Venugopal. In the last two years, it has supported more than 40 startups, made 20 investments and has an active Alumni network of 80+ founders.

Most Popular

More from Author

Invest India Gears Up for the 27th WAIPA World Investment Conference in New Delhi

Investment Innovation Unleashed: 27th WAIPA World Investment Conference Lands in New Delhi

IDFC FIRST Bank Revolutionizes Transactions with Digital RuPay Credit Cards

IDFC FIRST Bank changes the Credit Card transaction game with the introduction of Digital Credit Cards on the RuPay platform

AIC T-Hub Launches Startup Incubation Program to Foster Growth in India’s Space Tech Ecosystem

Uncover a universe of opportunities for selected startups, with mentorship from industry leaders and collaboration with key players in the space ecosystem.

Read Now

AVPN’s South Asia Summit December 2023 to Host Changemakers for Transformative Dialogue on Philanthropy and Impact Investment

Philanthropy Redefined: AVPN's South Asia Summit December 2023 Promises Impactful Conversations

Invest India Gears Up for the 27th WAIPA World Investment Conference in New Delhi

Investment Innovation Unleashed: 27th WAIPA World Investment Conference Lands in New Delhi

IDFC FIRST Bank Revolutionizes Transactions with Digital RuPay Credit Cards

IDFC FIRST Bank changes the Credit Card transaction game with the introduction of Digital Credit Cards on the RuPay platform

AIC T-Hub Launches Startup Incubation Program to Foster Growth in India’s Space Tech Ecosystem

Uncover a universe of opportunities for selected startups, with mentorship from industry leaders and collaboration with key players in the space ecosystem.

Infra.Market Achieves Milestone Fund Raise with RDC Concrete Divestment

Infra.Market announces fund raise in RDC Concrete

National Policy for Deep Tech Startups Gains Momentum: DPIIT Prepares Cabinet Note

Cabinet Note for National Policy on Deep Tech Startup Being Finalised by DPIIT: PSA Prof Ajay Kumar Sood