Between the months of January and June, 109 startups were founded in Delhi-NCR, followed by 63 in Bangalore and 44 in Mumbai. Much of the rise in startups in Delhi, experts suggest, were founded on the back of a strong digital ecosystem, government support and private infrastructures like accelerators, VC firms and incubators. However, it has also been found that the proliferation of start-ups in the Delhi-NCR area also took place due to the bigger market base and it is the policy hub of the country.
In fact, according to a report submitted by TiE in 2019, the NCR region is home to more than 7,000 start-ups and 13 unicorns. Hence, as per experts, suitable government and private interventions can help Delhi-NCR become one of the top five global start-up hubs.
One such private institution includes India Accelerator: a seed stage accelerator program. Seed funding is the earliest stage of venture funding that many start-ups opt for. However, not all look for a good source for financial support but a program that can help them in growth hacking. And reaching out to more potential customers: whether in the B2B or B2C segment. Which is where institutions like India Accelerator come into the picture!
Besides offering a slew of services, uncovering better ways to support the start-ups and helping them ideate and create is at the core of India Accelerator’s manifesto. With over 7,000 startups in Delhi-NCR alone, it can get difficult for brands to collaborate, interact, learn and share in a harmonised community. By offering programs that help start-ups in learning in collaboration with each other allows for the entire community to have a better macro-level understanding of the industry they are in. Besides also creating an ecosystem by which founders are able to navigate the learning curve of seed funding.
As part of their Summer and Winter cohorts, India Accelerator offers:
- Opportunities for financial investments and assistance.
- A better understanding of how to acquire new revenue streams.
- Strategic partnerships with venture capital firms and GAN partners.
- Tailored partnerships with advice from a strong team for growth hacking.