India: IT services company Infosys has announced to invest $4.6 Mn (INR 31.6 Cr) in Bengaluru based early-stage venture capital firm Stellaris Venture Partners. This investment is towards the first close of Stellaris’ fund and is in the form of Limited Partner (LP) interest, being routed through its Innovation Fund.
India: ‘If we don’t disrupt ourselves, someone else will’. This is the ideology behind the Target Accelerator Program – a four-month engagement program – where selected startups get to work with the business teams at Target to develop, scale, and test their products in a live retail environment.
India: Bosch India has launched its first accelerator program for startups called ‘discover, nurture and align- DNA.’ The 18 week program offers startups the opportunity of gaining access to Bosch’s working environment.
India :Infosys Ltd has invested 14.92 millon Danish krone (Rs 14.5 crore) from its “innovation fund” in UNSILO, a Danish artificial intelligence start-up focused on advanced text analysis.
India: Infosys Ltd has invested an undisclosed amount to pick up a stake in TidalScale, a California-based start-up founded by Infosys chief executive Vishal Sikka’s former SAP colleague Ike Nassi.
India: Startup incubator T-Hub has teamed up with International Crops Research Institute for the Semi-Arid-Tropics (ICRISAT) to launch an accelerator programme for agri-tech startups in order to increase incomes of small farmers and to promote entrepreneurship in agriculture through the utilisation of ICT.
India: The accelerator will provide the 10 selected startups with access to Barclays’ technology, insight and expertise. They will also get dedicated access to onsite mentors and advisors
India: BizLab was conceptualised as a global network of accelerators whereby Airbus’ innovators and start-ups come together and try to overcome barriers by combining scale and agility.
Startupbootcamp launches fintech accelerator program in India – backed by ICICI Bank, RBL Bank, AZB & PWC
India: ICICI Bank, ICICI Lombard, RBL Bank, AZB & Partners and PwC join as founding institutions in program’s expansion to India market, following success in London, New York, and Singapore
India: GE Healthcare, the healthcare technology division of GE, has launched the company’s first healthcare accelerator, five.eight, aimed at improving healthcare outcomes for developing economies.
India: With Microsoft Accelerator shifting its focus from early-stage startups to later-stage ones, the average age of its latest batch of 13 startups is 4.5 years, with many of them generating at least $2 million in revenue. And they are all B2B startups.