Bengaluru: Google announces the names of India’s most promising seven startups that will join its third class of Launchpad Accelerator. The shortlisted companies are – Flyrobe, HashLearn, Rentomojo, KaptureCRM, Curofy, Happy Adda Studios and Playment. Within Asia, Launchpad Accelerator is currently working with startups from India, Indonesia, the Philippines, Thailand, and Vietnam.
The shortlisted startups will get six months of rigorous training program, with tailored expert guidance from Google engineers, product managers and other mentors from top technology companies and VCs in Silicon Valley, along with $50,000 in equity-free funding. Additionally, these startups will receive support credits for Google products and work closely with Google for six months in their home countries.
Speaking on the occasion, Paul Ravindranath G, Program Manager, Launchpad Accelerator, asserts, “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”.
Initiated in 2015, Google Accelerator Program facilitates startups in scaling to their products by leveraging Google’s global reach and local resources. The platform offers a regular schedule of events offering mentoring and education from Google and Silicon Valley experts.
The program also includes a two-week all-expenses paid boot camp which is expected to take off on January 30, 2017 in San Francisco. Also, these fortunate Indian startups will be facilitated by several miscellaneous services such as on-demand wardrobe rentals service, furniture & appliances rental service, top tutor help service, a platform for doctors to discuss medical cases with peers from across the country, an Indian word game for adults and kids, a service that allows you to earn money for playing games, and a CRM app that helps businesses to do better lead management.
“Over the last one year, thirteen Indian startups have participated in the program and many have already gained from the program and have successfully raised funding. Nestaway, who was part of our first batch from India closed a $30M series C investment. MagicPin, which offers deals and discounts for Restaurants, Spas, and Salons implemented a progressive web app that has helped them to drive over 10 percent of their total daily transactions. We hope the next batch will continue to find value in the program and help them to succeed,” adds Paul.