Flipkart Startup Accelerator Program with 16-week Mentorship.


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Uploaded on Aug 13, 2020

PPT on Flipkart Startup Accelerator Program with 16-week Mentorship.

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Flipkart Startup Accelerator Program with 16-week Mentorship.

FLIPKART START-UP ACCELERATOR PROGRAM WITH 16-WEEK MENTORSHIP INTRODUCTION • India’s leading ecommerce marketplace Flipkart has launched its start-up accelerator programme called Flipkart Leap. • The company said the shortlisted start-ups will undergo a 16-week intensive mentorship and will be provided . Source: Hello life KEY HIGHLIGHTS • Flipkart launches first start-up accelerator programme 'Flipkart Leap‘. • To mentor 6-8 start-ups; 16-week programme offer $25,000 equity-free grant • Flipkart senior leadership to mentor start-ups during the program Source: Business Today AIM OF THE PROGRAMME • The start-up accelerator programme of Flipkart aims to help new and upcoming start-ups grow, scale, and navigate challenges. • This in turn will contribute to the country's entrepreneurial ecosystem also expected to support the Start-up India initiative. Source: Business Today THEMES • Flipkart Leap has identified five themes to shortlist relevant high-potential start- ups from both B2B and B2C space. These include: – Design and Make for India – Innovation in digital commerce – Technologies to empower the retail ecosystem – Supply chain management & logistics – Enabling relevant deep tech applications Source: Entrepreneur INNOVATION • Flipkart Leap is aimed at unlocking this potential and nurturing new ideas that bring innovation, curiosity and unconventionality to the local entrepreneurial ecosystem. • This will also boost the government’s ‘Start-Up India’ initiative. Source: Askwiki MENTORSHIP PROGRAMME • In the 16-week virtual mentorship programme for the selected start-ups, Flipkart’s leaders from business, operations, product, and technology will mentor the selected start-ups and share best practices. • Along with that master class sessions will be hosted by industry experts. Source: Flipkart Stories STARTUP ECOSYSTEM • The transformation of the start-up ecosystem in India over the years has paved the way for the country to become home to some of the best start-up journeys. • There is a growing talent of entrepreneurs who are going beyond to bring the solutions to the market. Source: CRN India PROTOTYPE FOR STARTUPS • The start-ups applying for Flipkart Leap should be based out of India, and should have a working prototype with early adoption metrics. • After the completion of the programme, the final participants of Flipkart Leap will pitch their successful model to investors, corporate, and other ecosystem players. Source: New Indian Express VENTURE FUND • Flipkart launched its venture fund to back early-stage start-ups with a size of around $100 million in 2019. • Now, this fund will be utilised to support these early-stage start-ups. Source: Business Standard COMPANY PROFILE (FLIPKART) • Walmart owned Flipkart is an Indian e-commerce company based in Bangalore, Karnataka, India. • CEO: Kalyan Krishnamurthy • Founders: Sachin Bansal, Binny bansal • Parent Organization: Walmart Source: Flipkart Stories