Big eCommerce giants Amazon already has its accelerator program in India and now Startups has one more accelerator program from Flipkart. Flipkart accelerator program will provide mentorship and equity-free grant of $25,000 to the selected companies.
The big Indian eCommerce giant flipkart will now provide mentorship and equity-free grant to selected eight (8) startups in the very first batch.
The eight finalists were chosen from 920 applications across five classes and they will go through a 16-week mentorship program just as get value free award of $25,000.
Flipkart Leap Selected new businesses are
- ANS Commerce,
- Entropik Tech,
- Gully Network,
- Tagbox Solutions,
- Unbox Robotics, and
- Wolkus Technology (Fasal).
These new businesses chose went under the classifications of Design and Make for India; Innovations in Digital Commerce; Technologies to Empower Retail; SCM and Logistics; and Enabling Deep Tech Applications.
Flipkart Leap was dispatched in August 2020 with the plan to assist new and impending new businesses with developing, scale, explore difficulties, and add to India’s developing innovative biological system. The chose new businesses will go through a mentorship program led by a group of Flipkart pioneers and different industry specialists.
As indicated by the organization, the mentorship program has been created to give information on endeavor improvement and secure associations for the chose new businesses under two separate tracks. The principal track will remember the one-for-one business and specialized mentorship, masterclasses, and organizing meetings zeroed in on endeavor advancement, through instruments and best practices for building a versatile business in India, the subsequent track will assist the new companies with investigating organization openings with important specialty units at Flipkart.