Bengaluru-headquartered early-stage venture fund Axilor Ventures has selected 20 startups across five categories for its sixth accelerator batch, which are mainly from five sectors – enterprise, artificial intelligence, consumer internet, healthcare, and fintech.
Founded by Kris Gopalakrishnan, S D Shibulal, Professor Tarun Khanna, Srinath Batni and Ganapathy Venugopal, it has supported more than 60 startups, made 25 investments and has an Alumni network of 125+ founders in the last two years.
The cohort consists of 75 per cenet bootstrapped startups and most of the founders have an average of 4 years of prior experience in the startup ecosystem. Besides, an average age of selected startups is 1.6 year; and 15 startups from the batch are already launched.
In August this year, Axilor Ventures announced the graduation of its fifth batch of cohort program, which in total raised 32 crore funds.
Earlier this month, American Cloud major Oracle has announced the first batch for its “Startup Cloud Accelerator” programme in Mumbai and Delhi. In September, Lodha Group, in partnership with Zone Startups India (ZSI), the accelerator operated by Toronto-based Ryerson Futures, had launched a unique program Palava Accelerator.
Another accelerator Edugild, initiated by Maharashtra Institute of Technology (MIT) Pune, had started the fourth batch of its accelerator programme. It will create a customized ecosystem to scale up five edtech startups from September 2017. Fintech-focused YES BANK, India’s fifth largest private sector bank, was also calling for applications from Fintech startups across the world for the second cohort of its Accelerator Program YES FINTECH.
List of selected startups by Axilor Ventures:
Enterprise (Maximl Labs, Unomer, Customer Success Box , GoFlamingo, Journee)
Deep tech (Alice AI, Scribie, Marax, Pensieve, Predictly)
Consumer Internet (Clorik, Khidki, Playtoome, MeTripping, Rehash)
Fintech (Betterwealth, Qbrics, Vyapar)
Healthcare (5C Network, Zoe).
Axilor Ventures: Website