Gurgaon based GSF Accelerator, is inviting applications for its fifth batch. For this three-month programme, GSF will select five startups. The batch will commence in August. Selected startups will spend two-months in India to refine their products, followed by international trips to San Francisco and Tokyo.
GSF is focussed at Indian tech startups who have at least an initial prototype built. Selected startups will need to relocate to NCR during the program. Accommodation will be provided to those living outside NCR. Further, shortlisted startups have to go through phone screens and in-person interview with the investment team.
GSF network has three components: an accelerator, an angel network, and tech conferences. Its accelerator claims to have accelerated over 40 startups in Delhi, Mumbai, and Bangalore. Typically, GSF invests in the startups in two rounds: first round of $50,000 in each startup, followed by co-investments in seed rounds.
Founder, Rajesh Sawhney, stated that they have also partnered with Hiro Mashita, founder and director, M&S Partners of Japan, who will provide access to Japanese investment.
This time the team includes Rajesh Sawhney, Hiro Mashita (founder and director, M&S partners), Anand Chandrasekaran (ex-CPO, Snapdeal), Sumesh Menon (founder, Utopia Mobile and Woo), Dinesh Agarwal (founder, Indiamart), and Ashish Toshniwal (founder, Y Media Labs, San Francisco).
Some of GSF Accelerator’s portfolio companies are Little Eyes Labs, Pokkt, Silverpush, Dailyrounds, Docsapp, Browntape, Flinto, HackerEarth, Plus, Zapr and Gamezop.
Last date of submitting applications is July 31, 2016. To apply, click here.
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