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23/06/2018 12:57pm

India Accelerator shortlists 6 startups for its second batch of accelerators program

image India Accelerator shortlists 6 startups for its second batch of accelerators program

New Delhi, June 23 (KNN) Six shortlisted startups' names have been announced by India Accelerator, a launch pad for early age technology startups, partnered with Global Accelerator Network (GAN) for its second batch of accelerator program.

The startups that will be getting expert mentorship throughout the program include Galaxy Card, Insurance Samadhan, Lawyered, NullPointer, Queued and EGA.

Galaxy Card is a mobile-based Instant Credit Card. Compared to other regular credit card application which takes around 3-4 weeks, its user make their purchase in just 3 minutes without having to upload any documents.

While, Insurance Samadhan startup is a grievance redressal platform for all insurance policy holders. It helps policyholders to resolve genuine grievance of fraud selling, claim settlement etc.

Lawyered is a discovery platform startup which connects corporate lawyers to Businesses, SMEs (Small & Medium Enterprises), and Startups.

NullPointer is a startup developing artificial intelligence solutions that can be deployed across sectors including fintech, insurance and telecom. It is currently working on a regional language chatbot-based customer engagement and on boarding solution.  

Startup Queued helps you order at your favorite restaurant before you reach. You simply need to visit the website, choose your favorite restaurant and order.

Startup EGA is a dynamic e-Sports platform that allows video gamers of any skill level to win prizes and money through online & offline competitions.

Beyond mentorship and other facilities these shortlisted 6 firms will get funds from India Accelerator. India Accelerator will invest $150K in the selected startups as seed funding and they will also be entitled to receiving funds up to $25k to nurture their startup plan.

India Accelerator will engage with startups to help them getting through the ideation phase to building a real business model around their idea.

With its well- structured curriculum, India Accelerator will also bring the building blocks for every start-up under one roof by offering mentorship, the network, the technology, the peripheral services (like legal, financial etc) and finally the seed capital to kick start their business.

Further, it helps the startups to connect with top technologists, entrepreneurs, investors and mentors to help them grow leaps and bounds. Additionally, the start-ups will also get access to company’s working space with custom designed access and mix of other amenities.

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