Microsoft Ventures Accelerator opens applications for fourth batch in India

2nd October 2013 | By Mouseworld Now Correspondent |

New Delhi, India, October 2, 2013: Microsoft India has announced the opening of applications for the fourth batch of Microsoft Ventures Accelerator in Bangalore, India. Starting October 1, till November 15, Microsoft will receive online(https://www.microsoftventures.com/Accelerators/Bangalore/Form.aspx) applications from technology startups.

Shortlisted companies will be informed by November 25, and invited for a face-to-face session with a jury panel on December 13. The final list of startups, which will make it to the summer batch of calendar year 2014, will be informed by December 20, 2013.

The four-month acceleration process at the state-of-the-art Microsoft office in downtown Bangalore will begin on January 22, 2014 and end with a Demo Day in May 2014 when the startups will launch their ideas to key industry influentials, top angel investors and VCs.

Microsoft Ventures Accelerator is a key part of Microsoft Ventures, Microsoft’s three-pronged initiative to offer startups a single point of entry to engage with Microsoft through a broad-based and holistic approach. Apart from the state-of-the-art workspace and access to Microsoft technology and technology mentors, each batch goes through a rigorous, intense and structured four-month program.

Microsoft and industry mentors provides startups with hands-on expertise in key areas they need help on most—namely technology architecture, user experience/ design, product roadmap, business model development and connections with early adopters.

Each startup pursues three tracks simultaneously – customer development, product development and deepening market traction. The Accelerator program team tracks their progress every week, and shares the report with mentors who provide them valuable feedback.

Microsoft Ventures Accelerator in India is currently hosting its third batch of startups, with 80% of the 22 companies who have graduated over the last two batches already having received funding.

Inviting applications for the new batch, Ravi Narayan, Director at Microsoft Ventures in India, said, “We are looking for exceptional entrepreneurs who are building companies for India and global markets. Our network of about 150 mentors along with our vast network of partners will prove very beneficial to any startup looking to make it big in Cloud, internet, mobile and data analytics technologies. We love startups that are solving interesting problems, requiring enormous scale.”

 

© Mouseworld Now News Service

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