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Microsoft India consolidates startup offerings under single umbrella

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Harmeet
New Update

BANGALORE, INDIA: Microsoft India re-inforced its commitment to entrepreneurs by consolidating all startup related offerings under a single umbrella.

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In alignment with the recent Microsoft Ventures announcement, Microsoft India will now offer startups a single point of entry to engage with Microsoft through a broad-based and holistic approach--featuring a seed fund, an accelerator program and the community evangelism program called BizSpark.

Microsoft Ventures in India will be spearheaded by Mukund Mohan. Ravi Narayan, previously the MD of MentorPartners, has joined the team and will be responsible for Microsoft Ventures Accelerator and its connections with other community initiatives. Kattayil Rajinish Menon will drive broad community engagements as part of the BizSpark program for startups with other accelerators, incubators, industry forums as well as Microsoft customers and partners in India.

Mohan said: "Through this coordinated effort, we will now engage with entrepreneurs at every stage of their journey from ideation to maturity and support them with compelling offerings. Our community evangelism program will provide entrepreneurs easy access to technology and resources, so that they can focus on exploring ideas. The accelerator will provide access to mentors and technical experts so that they can convert their ideas into products. The fund will offer seed investments to startups that demonstrate early business success. In all, through one focused effort we will provide the tools, resources and expertise that startups need as they innovate, build and grow.

"Taking up this consolidated approach was crucial in a country like India where the startup ecosystem is evolving very fast. Since 2006, there has been a 302 per cent growth in number of new companies, varied not just in terms of technology and ideas but also the support they need to be successful. Through this holistic approach, we will now be able to touch more startups and support them in their journey to success."