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Flipkart Ventures opens applications for ‘Flipkart Leap Ahead’ program; to invest $500,000 in GenAI startups

IndianStartupNewsIndianStartupNews · 5m
Flipkart Ventures opens applications for ‘Flipkart Leap Ahead’ program; to invest $500,000 in GenAI startups

Flipkart Ventures has announced the launch of the third cohort of its accelerator program, "Flipkart Leap Ahead" (FLA). Startups integrating Generative AI (GenAI) into their operations are encouraged to apply. The program will provide mentorship and equity investments ranging from $200,000 to $500,000 to selected startups. The application window is open from April 22 to May 26, 2024, and startups in sectors like Fintech, Mobility, SaaS, HealthTech, and Climate & Sustainability are targeted. Successful startups will undergo a two-month intensive mentorship program and have the opportunity to present their progress to potential investors on demo day. Previous cohorts have witnessed significant growth and secured further investments.

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