In India, Dreams and visions of First time entrepreneurs are succoured by start up Incubators. Multiple efforts are being taken in this direction including Private business incubators started by industry veterans, accelerators supported by companies and VC fund and Govt supported Institute based technology incubators.
How do Incubators differ from accelerators?
Often Incubators and Accelerators are terms used interchangeably . As the name suggests Accelerators increase the speed of your business which in most scenarios is existing business or an idea. They give shape to your idea and build it. On the other hand Incubators nurture your early pre-product idea, facilitate in prototype creation and further make a product out of it. Here, engagement is longer than an accelerator. There are more technicalities to above, but this fundamental definition will help you get started. Ofcourse, in the past few years the line between accelerators and incubators (and even traditional VCs) is getting blurred – with there being a readiness to invest money as long as the idea & team is sound irrespective of the stage of the startup!
So which are the top accelerators and incubators in India? While this list is likely to keep changing, we have covered the leading such entities in India along with their investment industries, leadership team and recent investments. Read on to know more!
Founded in 2011, TLabs, simply put is a startup accelerator as well as an early stage seed-fund for Indian internet and mobile technology startups.
Industries: Internet & Mobile Startups
Key People: Aakrit Vaish, Abhishek Sharma
GSF Global Accelerator is a 13 week program to foster innovation in the fast growing digital economy of India. It aims to provide select start-ups with unparalleled access to venture and business networks, personalized & intensive mentoring, and initial capital. GSF Accelerator is designed to help product-oriented start-ups.
Industries: Internet & Mobile notable
Key People : Rajesh Sawhney,
Freemont Partners is a builder of businesses. They use strong global operational expertise to identify, incubate and scale businesses through a hybrid approach of organic growth and M&A.
Industries – Mobile, Internet & Cloud
Famous Startups – NaturalMantra
Key People: Vivek Mohan
Catalyzer is a Startup Accelerator & Commune based in India. They work with prospective entrepreneurs through a mentorship driven startup accelerator program based on systems theory to facilitate accelerated learning through appropriate research methodology and data analysis.
Industries – Technology, Brick & Mortar, Social Enterprises and Non Profits.
Key People – Sunil Mayreddy, Venkat Changavalli
HealthStart is India’s first accelerator program dedicated to supporting startups in healthcare industry through funding, mentorship and other requisite support.
Industries – Healthcare
Famous Startups – Not yet( In the making 🙂 )
Key People – Pradeep K Jaisingh, Raj Airey, Suhail Chander
Kyron has introduced a new concept of pre-accelerator, which will admit about 20-25 startups. Such startups will be put through a six-month incubation period after which Kyron handpick the companies for its accelerator batches.
Industries – Web and Apps
Famous Startups – Scandid
Key People– Vikram Ahuja
Focused towards promising early-stage startups or first-time entrepreneurs, Microsoft Accelerator runs program of 4 months, starting in January and July every year. , selected startups get strong mentoring, technical guidance and connections to other startups.
Industries – Cloud, Internet and Mobile using Microsoft technologies
Key People–Mukund Mohan & Rajinish Menon
Startup Village is a technology business incubator in Kochi and it is India’s first incubator that is funded jointly by the public and private sector.
Key People: Kris Gopalakrishnan, Kiran Karnik
The helps the startups with Business Model Brainstorming, Growth Hacking Strategies, Setting up the Advisory Board and Market Validation, a small amount of Funding and an awesome set of Mentors.
Industries – Tech
Famous Startups – Eventifier
Key People–Vijay Anand
First Canadian-led accelerator in India, a joint venture between the Bombay Stock Exchange Institute Ltd., (BIL), Ryerson University of Toronto, Canada, Ryerson Futures Inc. (RFI), and Simon Fraser University. It provides State of the art infrastructure for 4-6 months and access to mentors – functional experts, business advisors & industry guru’s.
Industries – Mobile, internet and digital media startups across verticals like consumer, enterprise and social
Key People – Ajay Ramasubramaniam