Yesterday, on Thursday, 12th May the America- based multinational technology company- Google announced its second batch of Indian start-ups which will join its Launchpad Accelerator Programme at Google Headquarters in United States of America’s California. From 13th day of June, this year, this six month long mentorship programme for mid- to late- stage start-ups will be started and also notably, each of such start-ups will be getting a 50,000 US dollars in equity- free funding.
Moreover, notably again all such selected Six start-ups from India will be joining the Eighteen other Global start-ups from Brazil, Mexico and also from Indonesia. Moreover, the said start-ups will be offering with the two weeks long boot camp in the Google headquarter- located at California which will be starting with the determining challenges which the start-ups are facing, providing mentorship and solutions along with Google resources which will be enabling their products/ applications for scale.
Besides, all such offers, the American company- Google will also be providing the access to the start-ups for a full suite of Launchpad initiatives, connections and product credits including Google Cloud and other products.
As such, the all such six Indian start-ups are named here: Taskbob, Programming Hub, ShareChat, RedCarpet, PlaySimple Games and MagicPin and each of them will be paid Fifty thousands US dollars, which will be approximately in India Rs. 33 lakhs each. As such the Google will give, in total, 3,00,000 us dollars to the six Indian start-ups which would be about Rs. 2 crore in India.
Moreover, while commenting on the said programme, the Google India Program Manger- Paul Ravindranath found stated that “access to good mentoring and advice at early to mid-stage has been a big gap which we are looking to fill. In our experience many startups struggle with UX, building scalable architectures and go to market strategy.”
He also found stated that the said Programme- Launchpad Accelerator Programme brings together mentors and experts from the Google and outside for helping the start-ups see success. It is also notable here that the said six start-ups are from three different areas in India viz. Mumbai, Bengaluru and Delhi.