A new initiative for startup entrepreneurs in india
The India unit of early-stage venture capital firm Antler has launched Antler India Residency, a cohort-based initiative for ambitious entrepreneurs. It will bring together roughly 60-70 people with backgrounds in business and engineering for an eight-week curriculum. Antler India would allow participants to meet their prospective cofounders during the residency. One of the biggest reasons why firms fail, according to Rajiv Srivatsa, the fund’s partner, is the inability to meet one’s cofounder. Antler expects 8-10 companies to emerge from each cohort, with each receiving $270,000 in exchange for a 9%…