Startups to get six months intensive mentorship and $50,000 in equity-free funding
On-demand wardrobe rentals, furniture and appliances rental service, top tutor help service, a platform for doctors to discuss medical cases with peers from across the country, an Indian word games for adults and kids, a service that allows you to earn money for playing games and a CRM app that helps grow your business through better lead management.
Meet the seven promising startups from India, who will join the third class of Launchpad Accelerator along with startups from Brazil, Indonesia, Mexico Argentina, Colombia, Philippines, Thailand and Vietnam.
These seven startups will join the six month long intensive mentoring program from Google for mid to late stage startups including a two-week all-expenses paid bootcamp that kicks off early next year (January 30, 2017) at Launchpad Space in San Francisco.
The program begins with determining each startup’s critical challenges, in order to deploy precise mentorship, actionable solutions, and Google resources to enable their product/service app to scale. The seven start ups will then get tailored expert guidance from Google engineers, product managers and other mentors from top technology companies and VCs in Silicon Valley. Additionally, they will receive equity-free support credits for Google products and work closely with Google for six months in their home countries.
Over the last one year, thirteen Indian startups have participated in the program and many have already gained from the program. Nestaway who was part of our first batch from India closed a $30M series C investment. MagicPin that offers deals and discounts for Restaurants, Spas, Salons implemented a progressive web app that has helped them to drive over 10% of their total daily transactions. Mobile social gaming startup PlaySimple just raised Series A funding of $4 million and they are now focussing on expanding their offerings. And most recently, JustRide, a startup that allows customers to rent out cars raised about $3 million funding from global investors.
We are delighted to help Indian startups in their journey and help them to scale and find success in their endeavors. Access to good mentoring and advice at early to mid stage can make a meaningful difference. Amarendra Sahu Co-founder of Nestaway from India, shares that, “Launchpad accelerator program made us believe that even we could build a world class product and the mentors helped us to understand what was needed to get there. We have recently asked for follow-on engagement with mentors. If you’re a startup who believes in changing the world through tech product then this is the program for you.”
Posted by Paul Ravindranath G, Program Manager, Launchpad Accelerator
