Jaarvis Accelerator to mentor 40-50 startups

GURGAON, INDIA: Jaarvis has announced the pilot launch of Jaarvis Accelerator today in Gurgaon, having the capacity to accommodate 40-50 startups.

Jaarvis Accelerator will provide office space, mentoring, and where possible even funding to select startups.

Jaarvis Accelerator focus is on innovative technology, Internet of Things, online to offline & Mobile commerce startups with great scalable and global impacting ideas.

So far Jaarvis has adopted 5 startups - Spotwrks, Promon.in, Donna Dialer, EduRev and Scorloc which will be incubated during 4 month program where they will be well groomed and guided by both in-house mentors of Jaarvis and guest mentors. After the completion of the program, these startups would present their vision to investors and venture capitalists for potential funding.

Gabriel Fong, CEO, Jaarvis Accelerator, said, “We are all set to invest in Indian start-ups. In India, start-ups are growing much faster than Britain and Israel, which are ranked between India and worldwide leader US at present. Indian Startup Ecosystem is coming of age now and one can expect it to really grow multifold in next 3-4 years."

Jaspal Sarai, COO, Jaarvis Accelerator also shared his views about the initiative, he said, “Building a business from scratch isn’t easy but having a successful entrepreneur as a Mentor is quite difficult. Jaarvis Accelerator aims to make it easier for innovative startups to launch, sustain and grow. We are creating an ecosystem of entrepreneurs for entrepreneurs. Jaarvis is all set to incubate the start-up from the ground level and then take it to a stage where they can put their proposal to VCs and angel investors. We are just not a incubator but will step up from the catalyst stage, and partner them with creative ideas for game changing innovation. We aim to become a rapid deployment partner that can transform the startup idea into reality."

The Startups of Jaarvis Accelerator will have daily access to in-house Engineers, Marketing and Business Professionals as well as the mentors needed for a successful rapid deployment.

The first look of Jaarvis Accelerator has been opened to the start ups to get into the incubation.