scorecardHere's what's in store for these 7 Indian Startups selected for Google's Launchpad Accelerator Program
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Here's what's in store for these 7 Indian Startups selected for Google's Launchpad Accelerator Program

Here's what's in store for these 7 Indian Startups selected for Google's Launchpad Accelerator Program
IndiaSmallbusiness1 min read
Seven Indian startups recently became a part of the third edition of Google Launchpad Accelerator, a six-month long intensive mentoring program by the search giant that is meant for mid to late stage startups.

The list includes furniture rental startup RentoMojo, online learning HashLearn, wardrobe rentals service Flyrobe, the Kapture Mobile CRM app that helps businesses to do better lead management, a platform for doctors to discuss medical cases called Curofy, a desi word game Jalebi and Playment that lets you earn money for playing games.

ALSO READ: Here are the 12 exciting Indian startups that graduated from Microsoft’s Accelerator program

The program will kick-off with a two-week all-expenses paid boot camp starting 30 January 2017 onwards at Launchpad Space in San Francisco, where these firms will join those from Brazil, Indonesia, Mexico, Argentina, Colombia, Philippines, Thailand and Vietnam.

Each startup will get $50,000 in equity-free funding. The seven start-ups from India will also receive expert guidance from Google engineers, product managers and other mentors from top technology companies and VCs in Silicon Valley. They will also receive equity-free support credits for Google products and work closely with Google for six months in their home countries.

Google's accelerator program has proved extremely beneficial for startups in the past. Over the last one year, the thirteen Indian startups which were a part of the program have successfully raised funding.

Nestaway was part of Google's first batch from India and it closed a $30 million Series C investment. MagicPin that offers deals and discounts on Restaurants, Spas, Salons implemented a progressive web app that helped them to drive over 10% of their total daily transactions.

"We are hoping the next batch will continue to find value in the programme and help them to succeed,” Paul Ravindranath G, programme manager of the Launchpad Accelerator, said.

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