Flipkart

Announcing the third cohort of FLA, the firm said the program aims to accelerate the growth journey of early-stage startups.

Flipkart Ventures, the investment arm of e-commerce major Flipkart, on Monday invited applications for its accelerator program.

As part of the Flipkart Leap Ahead (FLA) program, selected startups will receive equity investments between $200,000 and $500,000, according to a statement.

Announcing the third cohort of FLA, the firm said the program aims to accelerate the growth journey of early-stage startups.

Applications for the program will be open from April 22 to May 26.

“Selected companies leveraging GenAI in their core solutions across all sectors will receive $200,000 and $200,000, along with invaluable guidance on finding product-market fit, building scalable architectures, and assembling strong teams,” the statement said. Will receive equity investment of between Rs 500,000.”

It added that these startups will also receive two months of mentorship, wherein industry veterans, operators and founders will guide these entrepreneurs to prepare them for hyper-growth.

first published: 22 April 2024 | 6:39 pm First


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