Flipkart on Monday propelled its first startup quickening agent program that it said will enable new and up and coming new companies to develop, scale and explore difficulties. Called ‘Flipkart Leap’, the new pursuit will distinguish ‘troublesome’ B2C (business-to-customer) and B2B (business-to-business) new companies and will lead a 16-week virtual program. They chose new businesses will get $25,000 (~Rs. 18.75 lakh) each as a value-free award as a feature of Flipkart’s endeavors to add to the nation’s enterprising biological system.
‘Flipkart Leap’ Startup Accelerator Program Launched with $25,000 Grant
The call-for-sections is starting today, with Flipkart. Saying that its authority from business, activities, item. And innovation will tutor the chose new companies and offer prescribed procedures notwithstanding masterclass meetings facilitated by industry specialists. “The program aims to provide tools, framework, knowledge, and an ecosystem. To help startups create world-class value-driven products. By supporting them in building market-ready solutions”, the company said in a press release.
Commenting on the launch, Flipkart CEO Kalyan Krishnamoorthy said: “Flipkart Leap aims at unlocking this potential and nurturing new ideas. That brings innovation, curiosity, and unconventionality to the local entrepreneurial ecosystem while boosting the government’s ‘Startup India’ initiative. With innovations and disruptions in the field of technology coming about each day. We want to be at the forefront of driving scalability and helping these startups bring value to the industry as well as Indian consumers”.
The program has been structured and will be overseen by Flipkart’s Product Strategy and Deployment group drove by Naren Ravula. The group is liable for directing advancement inside Flipkart and its auxiliary, Myntra, yet additionally over the more extensive environment. As a feature of Flipkart Leap. They will presently be liable for bringing development to new businesses in the metros. Yet additionally in level 2 and level 3 urban communities the nation over.