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Accelerator program launched to support international startups in India

Admin| Mar 25, 2017 - 01:01 AM India

Accelerator program launched to support international startups in India

MUMBAI: Zone Startups India is all set to launch an international accelerator programme based out of Mumbai. The new programme touted as a market accelerator called ‘Gateway91’ aims to host and support international, growth ­stage startups looking to build their India market.

Earlier this month, Zone Startups hosted some of Canadian FinTech startups as a part of this endeavor and showcased them to industry partners.

“We are pleased to announce the expansion of our accelerator space with the support of BSE, Government of Ontario and Government of Canada. That makes us the only startup accelerator program in India, to have set up a program to support international startups,” said Alan Lysne, Managing Director at Ryerson Futures Inc which is the parent of Zone Startups India.

Through this programme, the accelerator will assist international growth stage technology companies in their market validation and customer acquisition phase in India. The rolling accelerator programme is focused on product validation, customer acquisition, and investment readiness.

Zone Startups India has on­boarded 108 startups since inception in 2014 and has set up multiple accelerator programmes including the Rise Accelerator in partnership with Barclays, Thought Factory Accelerator with Axis Bank and empoWer ­ India’s 1st tech accelerator for women Entrepreneurs.

“Over the next few months, we will be launching a few more new programs, focussed on specific domains,” said Ajay Ramasubramaniam, director, Zone Startups India outlining the accelerator’s 2017 plans.

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