Amazon India launched the second season of its ‘Global Selling Propel’ startup accelerator on Wednesday to help emerging Indian brands and startups reach global customers.
Participating startups will be eligible to win a total equity-free grant of $100,000 from Amazon, as well as $10,000 in free AWS credits. The startup accelerator is accepting applications until March 14th.
The programme, according to the company, will allow startups to present their business models to partner VC firms such as Accel, DSG Consumer Partners, Fireside Ventures, and Sequoia Capital India.
“We saw great interest, ideas and entrepreneurial spirit in the inaugural season of the programme, and we are excited to now bring the season 2. It is part of our commitment to make exports easier for businesses of all sizes and enable $10 billion in e-commerce exports from India by 2025,” said Amit Agarwal, SVP – India and Emerging Markets, Amazon.
According to the company, Bollywood actor and investor Kunal Kapoor has joined the programme as a mentor.
Amazon has formed a mentorship board consisting of company leaders from India and around the world, VC partners, and other industry leaders as part of the accelerator.
Meghana Narayan, cofounder of Slurrp Farm and winner of the first season, said the programme assisted them in developing sustainable business models.
“We have expanded our operations to the US and the UK markets and have also witnessed 100 per cent growth in sales,’ she said.
The programme will feature an eight week, one-on-one mentorship module for the short-listed participants, said the company.
Get to know the pulses of the Indian startup ecosystem in reality by attending “INDIA FIRST TECH STARTUP CONCLAVE & AWARDS’22-Delhi Chapter” organized by the All India Council for robotics and automation, supported by the Ministry of electronics and information technology.
The event is scheduled to be held on the 17th and 18th of February 2022, marking the biggest tech startup event this year. The event brings together the speakers that are the best breed of entrepreneurs, innovators, venture capitalists, government department’s representatives, business model creators, consultants, policy-makers, academicians, support groups, business coaches and business practitioners.
The Platform helps startups to ramp up their innovative ideas and show off their services and products to attract investors. The experts of the industry will address and discuss all the innovations happening around the startup environment that youth empowerment and new-age tech business ideas can grow.
Click to know more about India’s biggest tech startup event: https://www.aicra.org/events/delhi/index.php