Microsoft Ventures Accelerator in India graduates 3rd batch of 13 tech startups

30th November 2013 | By Mouseworld Now Correspondent |

Microsoft-logoNew Delhi, India, November 30, 2013: Microsoft Ventures in India has announced the graduation of its Winter Batch from the Microsoft Ventures Accelerator program in India. At a Demo Day held at the Microsoft Lavelle Road office here, the 400 plus audience of mentors, industry influencers, venture capitalists, angel investors and media professionals witnessed the amazing progress made by each company over the last four months at the Accelerator. The 13 startups which graduated today are AdSparx, ShieldSquare, Chance, Frrole, Native5, SignEasy, TommyJams, Whalelogix, Scibler, HasGeek, Nanobi, Tookitaki and 1000Lookz.

Director of Microsoft Ventures in India Ravi Narayan said “The last four months have been exciting and a great learning experience for all of us—the startups and the Microsoft Ventures in India program team. The companies in the batch ranged from first-time entrepreneurs to more seasoned, experienced entrepreneurs who have just hit upon their best idea with this venture. Hence, we had to cater to a very varied set of asks from the batch – from improvements in UX, to global expansion, customer acquisitions and product development. I am extremely proud that we could make some really successful customer acquisition and investor connections for some of the startups. In this context, I would also like to thank some of our mentors for the amazing support they provided us.”

The Microsoft Ventures Accelerator team in India is now busy shortlisting applications for the fourth batch, which will start in January 2014. After rigorous screening, the final list of up to 15 startups will be announced soon. The four-month incubation process at the state-of-the-art Microsoft office in downtown Bangalore will begin on January 22, 2014 and end with Demo Day in May.

 

© Mouseworld Now News Service

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