E-commerce market Flipkart on Monday launched its first startup accelerator programme to assist upcoming startups navigate challenges and contribute to India’s rising entrepreneurial ecosystem.
Flipkart Leap will determine B2C and B2B startups and assist them scale by means of an intensive 16-week digital programme. Flipkart’s management from enterprise, operations, product, and know-how will mentor the chosen startups and share greatest practices along with grasp class periods hosted by business consultants.
The firm said the programme goals to supply instruments, framework, data, and an ecosystem to assist startups create world-class value-driven merchandise by supporting them in constructing market-ready options.
The focus is on bringing digitisation and tech development in these thematic areas, together with any startups that might be engaged on disruptive options which have the potential to rework the panorama of e-commerce within the subsequent 5 years.
“Flipkart Leap is aimed at unlocking this potential and nurturing new ideas that bring innovation, curiosity and unconventionality to the local entrepreneurial ecosystem, while boosting the government’s ‘Startup India’ initiative,” mentioned Chief Executive Officer Kalyan Krishnamurthy.
India presently has the third-largest startup ecosystem on this planet with constant annual development of 12 to 15 %. Reports say two to a few tech startups are born within the nation day by day. The booming ecosystem has given rise to a few of the greatest startup journeys in the previous couple of years.
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