Flipkart Ventures to fund, mentor GenAI-based early stage startups
ETtech
Synopsis
Flipkart Ventures' Flipkart Leap Ahead (FLA) programme accelerates early-stage startups with USD 200,000 to USD 500,000 equity investments, mentorship from industry veterans, and a focus on GenAI solutions for hyper-growth.
By PTI
Flipkart Ventures, the investment arm of e-commerce major Flipkart, on Monday invited applications for its accelerator programme. As part of the Flipkart Leap Ahead (FLA) programme, selected startups will receive equity investments between USD 200,000 and USD 500,000, according to a statement.
"Selected companies leveraging GenAI in their core solutions across sectors will receive equity investments between USD 200,000 and USD 500,000 alongside invaluable mentorship to achieve product-market fit, build scalable architecture, and assemble strong teams," the statement said.
It added that these startups will also receive two-month mentorship, wherein industry veterans, operators, and founders will guide these entrepreneurs to prepare them for hyper-growth.
ADVERTISEMENT
Announcing the third cohort of FLA, the firm said the programme aims to accelerate the growth journey of early-stage startups. Applications for the programme will be open from April 22 to May 26. Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| MIT xPRO | MIT Technology Leadership and Innovation | Visit |
| Indian School of Business | ISB Product Management | Visit |
| Indian School of Business | Professional Certificate in Product Management | Visit |
It added that these startups will also receive two-month mentorship, wherein industry veterans, operators, and founders will guide these entrepreneurs to prepare them for hyper-growth.
