Start Up India

 

On 12th May, 2016 Google announced the second class of Indian startups that will join the Launchpad Accelerator program at Google Headquarters in the heart of Silicon Valley, California.

The six nominees are

  1. Taskbob
  2. Programming Hub
  3. ShareChat
  4. PlaySimple Games
  5. MagicPin
  6. RedCarpet

They will join the second class on June 13, 2016.The six-month long mentorship program for mid to late stage startups will include $50,000 in equity-free funding, a two-week all-expenses paid bootcamp at Google Headquarters, six months of ongoing mentorship and access to Google’s full suite of Launchpad initiatives and connections and product credits including Google Cloud and other products.

Commenting on the recent development Paul Ravindranath, Program Manager, RedCarpet Google India, said

“The Indian startup ecosystem is growing and maturing very fast, entrepreneurs are not shying away from the risks involved and are very eager to learn. Access to good mentoring and advice at early to mid- stage has been a big gap which we’re looking to fill.”

Adding further he said,

“In our experience many startups struggle with UX, building scalable architectures and go to market strategy. Launchpad Accelerator Program brings together mentors and experts from within Google and external world to help these startups succeed. The first batch from India has benefitted a great deal and we are excited to on board the second batch from India.”

These startups will join 18 other promising startups from Brazil, Indonesia and Mexico. The two week boot camp will start with by determining each startup’s critical challenges, and then deploy precise mentorship, actionable solutions, and Google resources that enables their product/app to scale.

Amarendra Sahu Co-founder of Nestaway from India , who was part of the first batch from India, shared that,

“If you believe you can build a world class product, the mentors will push you to bet on yourself. We have benefitted a great deal from this program and have just closed a $30M Series C, one of the largest investment rounds in India this year.”