When a startup has reached a minimal viable product and is ready with a few customers, they begin to look for investors so as to gain a better market value. A startup is always on the lookout for a better accelerator program and gravitates towards a better market value. There is a lot of startup accelerator in India to choose from and each one is better than the next.
Here are the 9 Startup Accelerator in India
TLabsTLabs is one of the leading startup accelerator in India. It was founded back in 2011 and it has helped many startups evolve into huge companies that they are today.
The main niches in which TLabs provides the seed money include internet and mobile technologies. The mentor list of TLabs includes many well-renowned and experienced entrepreneurs from all over the country.
The companies that TLabs have helped set up over the years include Niche.Ai, Peersome, HopOn, GetMyUni, MintM, MeetUniversity, and EPaathsala.
Z Nation LabBased out of Mumbai, Z Nation Lab is a global accelerator program that has engaged more than 130 startups over the years. The success rate is 95%, meaning that 95% of the startups have raised funds in the next rounds with the backing of Z Nation Lab during the initial phase. Their portfolio includes GetParking, GMETRI, hotify, Knight Fintech, officepulse, ONN, Scout My Trip, SmatSuite, SPACIFII, sumHR, toch, and XploraBox.
BusinessWorld AccelerateThis is yet another corporate accelerator program in India that has focused on sustainable business growth and empowering aspirant startups to create an infrastructure and ecosystem that will ensure a long term value for the business.
With over 55 startups on its portfolio, BusinessWorld Accelerate has a 75% fundraising success.
Their program lasts for over 3 months or 14 weeks and they focus on a made-to-measure plan for an effective strategy to create success.
NASSCOM InitiativeNASSCOM is one of the largest accelerator programs in the country. Every startup aspires to be on the list of finalists for the startups selected under the NASSCOM accelerator program.
They are known to simplify the procedures and policies so that the startups are focused on the strategies and creation of a global business.
It is a not-for-profit industry association that is responsible for the highest employment rate in the private sector. The industry revenue boosted from $95 billion to $180 billion since 2011. The niches in which NASSCOM operates include:
– Data security
– Tech policy
– Digital Transformation
– Future Skills
– India Market
Venture NurseryVenture Nursery is the first angel-backed startup accelerator in India and it started in March 2012.
It was founded by Shravan Shroff, Founder and former MD, Fame Cinemas and Ravi Kiran, former CEO-South East & South Asia, Starcom MediaVest Group and Co-Founder and Managing Partner, Friends of Ambition.
The accelerator is based out of Mumbai but it has its operations all over the country. The accelerator program lasts for 13 weeks and it runs at least twice a year.
One of the downsides is that during the application process, the CEO will have to move to Mumbai to the accelerator’s base of operation.
Microsoft ScaleUpMicrosoft’s accelerator program is based out of five global offices located in Bangalore, Beijing, London, Sydney, and Tel Aviv.
Microsoft is a well-known brand in the IT industry and everyone hankers after having the brand’s name associated with their startup.
Various startups have raised funding with Microsoft ScaleUp that amounts to billions of dollars. They have a great Alumni network with over 730 graduates that provide the support that the startups require from their peers.
Kalaari CapitalKalaari Capital has over $650 million of capital in assets under its management. It is a Venture Capitalist operated accelerator that was founded back in 2006.
Their portfolio includes Active.AI, AffordPlan, AGNEXT, Airpay, BlueStone, CashKaro, CreditVidya, Crowdfire, cure.fit, Dream11, Edge Networks, Elastic Run, HealthPlix, Hiver, IndustryBuying, Instamojo, Jumbotail, Magzter, Mall91, Myntra, Ovenfresh, PopXO, ScoopWhoop, Toffee, and VOGO.
Axilor VenturesAxilor Ventures is a seed fund that helps the startups to accelerate their growth and leave a mark on the economic state of a country.
It helps the fact that the company is an accelerator as well as a seed fund since it is a great opportunity for startups to look at seed fund options right at home.
The batches for the application begin in March as well as in October, although the applications are accepted all throughout the year.
Sequoia CapitalThis is an American venture capital firm with a focus on the technology industry. The firm controls more than $1.4 trillion of combined stock value through all the companies that it has backed.
The firm has its holdings in India, Israel, and China. The headquarters are located in Menlo Park, California, USA. The companies that they have backed include Apple, Google, Oracle, Nvidia, GitHub, PayPal, LinkedIn, Stripe, Bird, YouTube, Instagram, Yahoo! and WhatsApp.
These are quite the notable names to have on a firm’s portfolio and this means that they have a lot of mentors to help young startups to grow and accelerate in today’s industry.
Startups shift from coworking spaces to accelerators all the time. Startups working out of Chennai will shift from a coworking space to an accelerator in Chennai. There are a lot of accelerator programs all around India and every successful accelerator has its own USP that provides a value that is required for the right growth of a startup in an ecosystem. Startups get access to expert mentorship that helps them to move along in the journey of success. We have listed the best startup accelerator in India which has paved the way for the success of many startups today.