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E-commerce market Flipkart on Monday launched its first startup accelerator programme to assist upcoming startups navigate challenges and contribute to India’s rising entrepreneurial ecosystem.
Flipkart Leap will determine B2C and B2B startups and assist them scale via an intensive 16-week digital programme. Flipkart’s management from enterprise, operations, product, and expertise will mentor the chosen startups and share greatest practices in addition to grasp class periods hosted by trade consultants.
The firm mentioned the programme goals to offer instruments, framework, information, and an ecosystem to assist startups create world-class value-driven merchandise by supporting them in constructing market-ready options.
The focus is on bringing digitisation and tech development in these thematic areas, together with any startups that shall be engaged on disruptive options which have the potential to remodel the panorama of e-commerce in the following 5 years.
“Flipkart Leap is aimed at unlocking this potential and nurturing new ideas that bring innovation, curiosity and unconventionality to the local entrepreneurial ecosystem, while boosting the government’s ‘Startup India’ initiative,” mentioned Chief Executive Officer Kalyan Krishnamurthy.
India presently has the third-largest startup ecosystem in the world with constant annual progress of 12 to 15 p.c. Reports say two to a few tech startups are born in the nation day by day. The booming ecosystem has given rise to among the greatest startup journeys in the previous couple of years.
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