Gurgaon: April, 2018: India Accelerator, a launch pad for early stage technology start-ups, has announced its opening of applications for their 2nd Cohort Batch this summer 2018 of acceleration program commencing on 21 / 05 / 2018. It’s the ONLY Global Accelerator Network (GAN) – partnered Accelerator in India. The applications for the program can be filled online through India Accelerator’s website – www.indiaaccelerator.co.
While the accelerator will continue to welcome any good start-up, the 2018 batch is specially focused on emerging exponential technologies like Artificial Intelligence, Machine learning, Deep learning and Blockchain with a strong focus on two verticals – Finance and Healthcare. India Accelerator (IA) will be considering upto 7 most promising – early stage and technology oriented start-ups to help them transform their idea into meaningful companies.
Commenting on the announcement, Mona Singh, Partner- India Accelerator said, “AI, while a buzzword, is still a black box for most people. A major entry barrier in this space is the talent and IP. Therefore, if a team is composed of data scientists, or has patents or has access to proprietary data, it would be a great candidate for accelerator even if there are no revenues. ”
The intense, rapid and mentor-ship-driven 4-months program is aimed at accelerating the growth of the selected startups. The curriculum of the program is a combination of classroom sessions, deep dives, mentor-ship hours, industry leaders speaking with the founders and start-ups networking to leverage each other’s services.
In addition, IA will provide the start-ups with an opportunity to connect with top technologists, entrepreneurs, investors and mentors who can help them grow leaps and bounds. Additionally, the start-ups will get access to the rich network of GAN that provides a platform for cross pollination of start-ups between different geographies.
Apart from mentorship driven program, IA will also provide the start-ups an access to their state of the art office infrastructure including office co-working space, general business assistance, access to exclusive events, and to a network of entrepreneurs, innovators, mentors, and colleagues.
For their 2018 batch, India Accelerator will be providing a funding up to INR 25 lakhs, including cash and services, to each start-up to build a strong and sustainable business, with the potential to score follow-on funding after the demo day.
About India Accelerator
India Accelerator is a Launchpad for early-stage technology startups, with a potential to create disproportionate value. Founded in March 2017 by Mr. Ashish Bhatia, Abhay Chawla and Mona Singh, it’s a structured program that can bring the building blocks for a startup under one roof – the much needed mentorship, the network, the technology, the peripheral services (like legal, financial etc) and last but not the least, the capital.