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Top Indian Startup Accelerators and Startup Incubators for your startup

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Hello, guys welcome to bizzbucket!

So, this article covers the top Indian Startup accelerators and incubators which can help your startup to grow rapidly.

Also, if you are confused with what to choose between startup accelerator and incubator for your startup. Check out this video which covers all the major differences between accelerators and incubators.

Hope you guys find this informative!

Now, lets see top Accelerators and incubators in India.

Index:

Corporate run accelerators

Corporate accelerators are a particular type of seed accelerator, sponsored by a profitable company.

Microsoft Accelerator:

It is a global 4-month program that provides the expertise, tools and resources to scale startup businesses. It also helps create new distribution channels and markets.

It is located in Bengaluru and won’t provide much monetary benefits to startups. Some of the notable startups include Touchfone, Bookpad, PlusTxt, GazeMetrix.

TLabs:

It is Backed by Times Internet, Tlabs is a 4-month program that offers experienced mentorships in the Technology space. It is located in Noida and provides funding of about $50,000. It focuses on sectors like the Internet and Mobile. Some of the notable startups from TLabs include GetMyUni, Cirtru, EPaathsala, HopOn, GradeStack.

Z Nation Lab:

Z Nation Lab,support goes beyond funding of upto USD 100K, their team works closely with the founders to not only help them make the strategic decisions for business, technology scaleup, building a team, identify the right market but also help in raising the next round of funding.

Cisco Launchpad:

Founded by Cisco, it is a 4 months program where students get access to Cisco’s technology platforms, coworking space, mentorship programs, and more. It is located in Bangaluru and provides funding of about $8,000. Some of the notable startups include Astrome, Navstik Labs, VuNet, Torchfi, IQLECT, and Teslon.

They majorly focus on sectors like Security, Networking and Infrastructure, IoT, Virtual Reality.

Venture Nursery:

VentureNursery (VN) is India’s first angel-backed start-up accelerator. Established in March 2012 by two like-minded Angel Investors –Shravan Shroff, Founder and former MD, Fame Cinemas and Ravi Kiran, former CEO-South East & South Asia, Starcom MediaVest Group and Co-Founder and Managing Partner, Friends of Ambition, the accelerator runs its physical premises out of Mumbai, India.

Based on our belief that the angel ecosystem must focus primarily on maximising the success potential of start-ups, VentureNursery undertakes an intensive and immersive coaching and mentoring role in the chosen start-ups and helps each with end-to-end infrastructural and learning support.

Google Launchpad:

This 6-month program is specifically tailored to the India market and provides access to the best of Google’s advanced technologies, network and people.

Location: Bengaluru

Funding: $50,000

Notable startups: Curofy, Flyrobe, HarshLearn, Playment, Rentomojo.

Venture Capitalists operated accelerators and incubators

To facilitate faster growth of startups, a few venture capital firms have started accelerators and incubators to facilitate faster growth of startups.

Some of these include

Kalaari Capital:

Axilor Ventures:

Axilor helps early-stage startups succeed.

Founded by some of the most respected entrepreneurs, Axilor is an accelerator and a seed fund. It helps founders improve their odds of success through its programs and a unique venture funding model.

ACCEL Partners:

Accel partner with exceptional founders with unique insights, from inception through all phases of growth.

Sequoia Capital Surge:

Blume Ventures:

BV manages $150M+ Capital and backed 130+ startups and made more than 22 Exits.

Alacrity:

The Alacrity initiative was first deployed in British Columbia, Canada, and this office continues to serve as one of the primary facilities, producing many successful start-ups and VC-funding relationships to date

GSF Accelerator:

GSF Accelerator experience is uniquely crafted for Indian startups offering them deep immersion in both Indian and international markets. Selected tech startups get unparalleled access to not only the Indian tech community with hands-on mentorship from India’s leading tech founders, but also access to GSF’s global community of over 100 awesome mentors.

GSF Accelerator provides mentoring and funding Tech startups who have at least an initial prototype built. GSF website invites applications from startups couple of times every year. Shortlisted startups complete phone screens and in-person interview with the investment team.

GSF Accelerator invests upto USD $200K in each startup inducted into the Accelerator program. GSF also does follow-on rounds into a few select startups after the program.

Venture Gurukool:

Infuse Ventures:

IV are an early stage venture capital fund and ecosystem focused on the sustainability and clean energy sector in India.

IV are looking to invest in entrepreneurial teams with big ideas and a need for capital and support to turn their ideas into great companies.

Government-run programs

To give an impetus to the start-up ecosystem in their respective states, the government has initiated new programs.

These include

iStart Nest Incubator in Rajasthan:

iStart Nest, the Government of Rajasthan’s incubation center is the only centralized incubator in the country providing free incubation to emerging startups. The incubation program is designed to help startups gain traction through deep mentor engagement, rapid iteration cycles, and fundraising preparation. iStart Nest offers state-of-the-art facilities at its incubation center with a wide range of resources and mentoring from industry tycoons. iStart Nest works with an extensive network of investors, accelerators, and mentors to help entrepreneurs launch and grow the innovative companies that are building Rajasthan’s future.

See also  Numilk Shark Tank Update

Kerala Startup Mission (KSUM) and

Maker Village in Kerala:

Maker Village is a unique incubator that provides everything necessary for a hardware startup to innovate, design, and build an awesome product. The Incubator operates under the aegis of the Ministry of Electronics and Information Technology (MeitY), Government of India. The Indian Institute of Information Technology and Management – Kerala (IIITM-K) is the nodal agency of the project and other partners are Government of Kerala and Kerala Startup Mission.

Center for Incubation and Business Acceleration (CIBA) in Goa:

Centre for Incubation & Business Acceleration a technology business incubator based in Goa and Mumbai supporting and nurturing startup companies by providing services such as incubation, modern office spaces, mentoring, networking opportunities, seed funding and rapid prototyping.

International Centre For Entrepreneurship and Technology in Ahmedabad:

International Centre for Entrepreneurship and Technology – iCreate is inviting applications for incubation of slightly mature projects, to be incubated at its new Dev Dholera Campus near Ahmedabad, Gujarat. The period of incubation can be up to two years, and iCreate has dedicated a budget of up to Rs 250 lakhs for this round of applications.

If you have been working on an innovative technology / software / product/ service, and have spent time talking to real consumers of your offering, and have created some minimal viable product offering, then apply. We can offer you labs and workshops to finalize your offering, help take it to live customers to make it market ready, and also to mentor you so that you can build a growth organization and start earning serious revenue.

iCreate (International Centre for Entrepreneurship and Technology) is an incubation program lasting up to 2 years. It provides startups with product development facilities and a go-to-market strategy.

Funding: Up to INR 45 lakhs

Focus sectors: Technology, Robotics, Green Energy, Agro & Food Processing

Notable startups: Purple Docs, Hubilo, WorkSocial, Wishvilla

SRIJAN in Indore:

AKVN, Indore has initiated the process of setting up of an Incubation Center at available space adjoining the space reserved for AKVN Office,Indore on Ground Floor of Crystal I.T. Park. The available space can accommodate around 35 seats in the proposed Incubation Center.

Electropreneur Park:

An initiative  of Ministry of IT and Electronics, Electropreneur Park has been set up to primarily carry out incubation and building ecosystem to help budding entrepreneurs.

Privately run programs:

Some privately-run accelerators and incubators are

Antfarm:

Ant Farm is a digital innovation company that’s based out of India. They aim is to
take a consistent line-up of game changing ideas and build them out into
successful global companies.

StartupEd:

StartupEd is a startup accelerator. The firm accepts startups working on a wide range of technologies sectors. The firm provides $25k funding in return for 7% equity.

Surge Ahead:

Surge, a rapid scale-up program for startups in India and Southeast Asia.

Education sector programs

There are many education-sector backed accelerators and incubators such as

Technology Business Incubator — FITT:

EDUGILD:

IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE):

Axilor Ventures:

Saltwater Venture Sparks:

Silicon Road Cohort 2 – India:

JGI Retail tech Accelerator:

500 Startups:

500 Startups has a 4-month seed program that provides marketing, product design, accounting, mobile, user testing, sales, and more. It is located in Bangalore and provides funding of about $150,000.

Focus sectors: Digital, Retail, Education, Financial Services

Notable startups: ZipDial, PopXo, Instamojo, KartRocket, Tripoto, Sheroes.

YCombinator:

 YC is a startup accelerator that selects a batch of startups twice a year and provides them with a funding amount of about 150,000$ at the equity of about 7%.

YC winter batch starts in January and ends in March while the summer batch starts in June and continues till August.

Top Indian Startups that made to YCombinator (YC) | Bizzbucket

After getting selected in YC startups get reshaped into proper businesses with proper business plans and after three month period, each selected startup has to pitch on demo day for investment opportunities.   YC is founded by Paul Graham, Jessica Livingston, Trevor Blackwell, and Robert Tappan Morris in 2005. Currently, YC startups have raised more than 25$ billion and its portfolio includes startups like Airbnb, Stripe, Quora, Dropbox, Gitlab, Doorbash, etc.              

GSF Accelerator:

A 13-week programme which aims to provide selected startups with unparalleled access to venture and business networks, personalised and intensive mentoring, and initial capital.

Location: Gurugram/ Gurgaon

Funding: Up to $60,000

Focus sectors: Internet, Mobile

Notable startups: Little Eye Labs, Zapr, Overcart, Flinto, Browntape

Indian Angel Network:

Supported by the Department of Science & Technology, National Science and Technology Entrepreneurship Development Board, Govt. of India. With an incubation period of 18–24 months, it provides mentoring and strategy inputs.

Location: New Delhi

Funding: Up to $1,000,000

Focus sectors: Agriculture, eCommerce, Education, Financial Services and others

Notable startups: Box8, Web Engage, Vitas Pharma, LawRaato

Amity Technology Incubator:

With a program duration of >24 months, it provides mentoring, infrastructure and business advisory services. It works on a balanced mix of equity and rentals.

Location: Noida

Funding: Up to INR 50 Lakhs

Focus sectors: SaaS, Clinical Research, Affiliate Networks, Online Security

Notable startups: Circuitsutra, Apnacircle.com, Kinetic Media, Biziga Solutions

Angel Prime:

Working with entrepreneurs like co-founders, Angel Prime takes startups from the ideation stage to the go-to-market stage. The incubation period is between 9–12 months.

Location: Bengaluru

Funding: -$600,000

Focus sectors: Electronic Payments, eCommerce, Mobile Apps

Notable startups: KredX, HackerEarth, EzeTap, NiYO

So, with this, we wind up our list of startup accelerators and incubators.

Do tell us what you think!

 Hope you guys find it helpful and if we are missing any good incubator or accelerator in our list. Please do make the comment we will surely add it up or shoot us an email at teambizzbucket@gmail.com.

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  1. Anees

    Startup Incubators also known as startups accelerators plays a significant importance in entrepreneurial ecosystem of India. Startup Incubation centers in India provides technical supports, funding and investment, workspace and access to investors and firms for Indian startups companies. Previously, at startups opportunity, we covered a list of Top 10 Startup Incubation Center in Pakistan, today for Indian new entrepreneurs we compile a list of top 10 Startup Incubation Centers in India in 2020. So keep reading and apply for the best incubators in India for the betterment of your technological business.

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