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News on Medial
IIMA Ventures Launches Accelerator For First Time Investors
Inc42
·
1y ago
Medial
IIMA Ventures has introduced an accelerator program aimed at supporting first-time and inexperienced investors. The Venture Investing Accelerator program intends to equip participants with the necessary skills, knowledge, and expertise to thrive as early-stage investors. According to IIMA, the program will provide professionals with valuable resources and opportunities in the field of investment.
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IIMA Ventures launches Growth Accelerator 2.0 to support SMEs
Entrackr
·
10m ago
Medial
Startup incubator IIMA Ventures (formerly IIMA-CIIE) has launched Growth Accelerator 2.0 to support 15 small and medium enterprises (SMEs) and family businesses. The program is designed to drive exponential growth for SMEs, family businesses, and growth-stage startups that is focused on strategic growth and innovation, includes a wide array of interventions such as knowledge sessions, masterclasses, workshops, founder talks, diagnostic panels, and mentoring clinics with an aim to operationalize growth opportunities in a hands-on, practical manner. The Growth Accelerator aims to provide founders and business leaders an environment to experiment with growth strategies using a time-tested methodology developed by it, IIMA Ventures stated in a press release. According to IIMA Ventures, participants will kick off their journey with a three-day bootcamp at the IIM Ahmedabad campus, featuring hands-on workshops and scaling-focused sessions led by IIMA faculty. Additionally, successful entrepreneurs will share real-world insights on scaling businesses. Over the following two months, participants will benefit from personalized mentorship from domain experts, helping them address the specific challenges of growing their businesses. IIMA Ventures claims to have mentored over 7,000 founders, accelerated over 1,700 startups, provided catalytic capital to over 700 companies, and inspired over a million people with its over 400 publications. Recently, IIMA Venture launched Venture Investing Accelerator to help first time and novice investors.
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IIMA Ventures Picks 14 Startups For Its Indore Smart City Accelerator Programme
Inc42
·
1y ago
Medial
IIMA Ventures has announced its support for 14 startups from Indore in its first cohort of the Indore Smart City Accelerator program. The program aims to coach startups in developing business models and proposals required to engage with public sector customers. It also aims to assist early-stage startups building for urban local bodies in landing pilots to validate their solutions. Three startups, Aumsat Technologies, Arc Robotics, and Pod Pitara, have been shortlisted for pilots by Indore Smart City. Additionally, Electia, a startup from the cohort, has received funding for its automated battery-swapping solution.
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Ahmedabad Next Stop On MeitY Startup Hub’s Journey To Provide Funding Opportunities To Startups
Inc42
·
1y ago
Medial
The Ministry of Electronics and Information Technology (MeitY) Startup Hub will host the 'MeitY Startup Hub Investor Connect Programme' in Ahmedabad, Gujarat on March 22. The event aims to connect early-stage startups with investors and provide opportunities for funding and scaling. Inc42 and IIMA Ventures are supporting the programme, which will also help MeitY's incubation centres build investor networks. Gujarat has emerged as a valuable startup hub, receiving recognition for its vibrant ecosystem. IIMA Ventures, an entrepreneurship centre at IIM Ahmedabad, has contributed significantly to the growth of startups in Gujarat.
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IIMA Ventures and Google partner to boost 22 AI startups
Entrackr
·
8m ago
Medial
IIMA Ventures (formerly IIMA-CIIE) has announced its partnership with Google for Startups and launched its first cohort of AI Academy India 2024. The program aims to help early-stage startups harness Artificial Intelligence (AI) to address global challenges across sectors like healthcare, climate, agriculture, education, financial inclusion, and infrastructure. Following its launch in Gujarat, AI Academy India 2024 will also be held in six other cities across India in partnership with Kerala Startup Mission, T-Hub & MATH, IHFC-IIT Delhi, NSRCEL IIM Bangalore, SINE IIT Bombay, IIT Madras Incubation Cell, along with Nasscom AI and People+AI. Supported by MeitY Startup Hub, the first cohort includes 22 startups receiving practical training, expert mentorship, access to Google’s AI technologies, up to $350,000 in cloud credits, and opportunities to network with world-class companies. According to market research, the AI market in India is projected to reach $7.8 billion by 2025 and potentially add $500 billion to the GDP. According to IIMA Ventures, these startups are addressing diverse challenges: in education, with AI-powered ERP, LMS, and CRM systems; in climate change, with a social marketplace for electric vehicles; in fintech, with AI tools to simplify loan and insurance documents; and in healthcare, with AI-driven collaborative platforms to streamline business processes. IIMA Ventures has mentored over 7,000 founders, accelerated over 1,700 startups, provided catalytic capital to over 700 companies, and inspired over a million people with over 400 publications.
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Insitor, Enzia Ventures bet on pediatric behavioral health platform Butterfly Learnings
VCCircle
·
1y ago
Medial
Singapore-based impact investor Insitor and Enzia Ventures have jointly led a Series A funding round for Butterfly Learnings, a Mumbai-based pediatric behavioral and developmental health platform. Other participants in the funding round included existing investors CIIE (IIMA Ventures), Foundation Botnar, 9Unicorns, and Venture Catalysts. Butterfly Learnings offers digital solutions and interventions for children with behavioral health issues. The funding will be used to expand their offerings and reach more children in need.
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Luxury and hype platform Culture Circle raises pre-seed funding
Inshorts
·
1y ago
Medial
Culture Circle, a luxury and hype platform, has raised an undisclosed amount in a pre-seed funding round from IIMA Ventures, formerly known as IIMA-CIIE. Culture Circle is a hype and luxury app offering a collection of sneakers, streetwear, and luxury fashion from brands like Nike Air Jordans, Yeezys, Essentials, Drew House, Supreme, etc.
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Startup news and updates: Daily roundup (September 16, 2024)
YourStory
·
10m ago
Medial
Venttup, a startup focused on Indigenisation Program Management, has raised seed funding from Unicorn India Ventures. The capital will be used to accelerate business growth and technology development. Venttup aims to unite manufacturing MSMEs on a single digital platform to transform India into a global manufacturing hub. Alpino, a healthy foods brand, has welcomed Bollywood actress Shilpa Shetty as its brand ambassador and key investor. The company raised $1.2 million in funding and plans to launch over 20 new products in the next two years. IIMA Ventures has launched Growth Accelerator 2.0 to support 15 SMEs and family businesses for strategic growth and innovation. Deepika Padukone, the renowned actress, has joined KRAFTON India as the brand ambassador for BGMI (BATTLEGROUNDS MOBILE INDIA). She will be featured as a playable character in the game.
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Flipkart Ventures launches Leap Ahead 4.0 to offer up to $500K to startups
IndianStartupNews
·
29d ago
Medial
Flipkart Ventures has launched the fourth edition of its accelerator program, Flipkart Leap Ahead 4.0, targeting early-stage AI-native startups in India. The program offers up to $500,000 in equity investments and provides mentoring on product development, design, and fundraising. Focusing on sectors like fintech and enterprise AI, the initiative aims to foster technological innovations in generative AI, dronetech, and quick commerce. The program culminates in a Demo Day, connecting startups with top investors.
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Gruhas Gusto launches accelerator for foodtech startups
Livemint
·
1y ago
Medial
Gruhas Gusto has launched a six-month accelerator program for early growth stage food innovation companies. The program aims to provide support in market access, brand building, partnerships, distribution networks, celebrity endorsements, and mentorship. The initiative is backed by Gruhas Proptech Fund, the Jubilant Bhartia Family Office, DLF Family Office, Anthill Ventures, and strategic partnerships with various organizations.
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AWS Launches Its First Space Tech Accelerator Program, With T-Hub, And Minfy
OutlookIndia
·
1y ago
Medial
Amazon Web Services (AWS) India has introduced its first accelerator program called AWS Space Accelerator: India. The program aims to support start-ups in the space technology sector by providing technical expertise, business mentoring, and support from T-Hub and Minfy. This initiative follows the memorandum of understanding signed by AWS with ISRO and IN-SPACe last year to nurture start-ups and drive innovation in space-tech. The 14-week accelerator program offers dedicated resources, guidance, and up to $100,000 in AWS credits for qualifying start-ups. The program is open to early-stage and mature start-ups based in India until March 17th, 2024.
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