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Startup Accelerator, TLabs has announced its sixth Batch of Startups, which kicked-off in earlier this year in September.
This new batch consists of five startups providing unique solutions across a variety of markets.
With this new batch, TLabs has now raised the valuation of each startup that it accepts in the program to INR 1.5 Cr. and it will be investing INR 12 Lakhs in each startup. Prior to this batch, it use to invest INR 10 Lakh at an valuation of INR 1 Cr.
According to Abhishek Gupta, this change was necessary keeping in mind the rising operational costs for startups and market dynamics.
Here are the 5 startups that are part of this batch:
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With this batch, TLabs takes its portfolio count to 36 startups. The startup accelerator had concluded its 5th batch in August this year with 7 startups.
TLabs has also opened applications for its next batch, interested startups can apply here.
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