Applications open today (Monday) through July 31st for India’s leading accelerator program: GSF Accelerator. Now in its fifth iteration, GSF experience is uniquely crafted for Indian startups offering deep immersion in both Indian and international markets. Selected tech startups will get unparalleled access to not only the Indian tech community with hands-on mentorship from five of India’s leading tech founders, but also access to GSF’s global community of over 400 mentors and startup founders.

GSF has a strong track record of success with its portfolio companies: Little Eye Labs (acquired by Facebook in 2014) Pokkt (funded by Jafco, Singtel, Jungle) SilverPush (funded by IDG ventures, 500 startups) Zapr (funded by Flipkart and Svaan) Overcart (funded by JSW and Omidyar) HackerEarth (funded by Prime Venture) Flinto (funded by Globevestor and others) Browntape (funded by Seedfund and others) Timesaverz (funded by Unilazer Ventures and others) Dailyrounds (funded by Accel) Pluss App (funded by IDG and others) DocsApp (funded by Rebright and others) and Gamezop (funded by Kwan and others).

In August, GSF will welcome 5 new startups into the 3-month program. Selected startups will spend two months in India to refine their products, followed by trips to San Francisco and Tokyo for an immersion in global tech ecosystem and meeting with leading tech investors. Backed by five of India’s top founders, the accelerator offers the chance to take your startup to the next level with hands-on mentorship and access to its robust network.  Typically, GSF invests in the startups in two rounds: first round of USD $50,000 in each startup, followed by co-investments in seed rounds.

“This iteration of GSF has been redesigned to be an intense and intimate experience for a small group of startups,“ says Rajesh Sawhney - founder of GSF Accelerator and co-founder of InnerChef. He says, “We would accept only 5 startups in this batch. Fundamental ethos of GSF has always been for the founders by the founders. Each startup will be assigned a chief mentor from amongst the five founders that have come together. We have also partnered with Hiro Mashita, M&S Partners of Japan who will open doors to the Japanese tech and investor ecosystem for the selected startups.”

Application Process: Apply here by July 31st. GSF is looking for Indian tech startups who have at least an initial prototype built. Selected startups must relocate to NCR for the duration of the program with accommodations provided for those living outside NCR. Shortlisted startups will complete phone screens and in-person interview with the investment team.

Started in 2012, GSF network has three components: an accelerator, an angel network, and tech conferences. GSF is India’s leading startup accelerator program, having accelerated over 40 startups in Delhi, Mumbai, and Bangalore. Among these, 5 startups have exited, about 40% have raised venture rounds, and over 80% have gone on to raise angel funding. The GSF 5.0 investment team includes: Rajesh Sawhney, Hiro Mashita, M&S Partners, Anand Chandrasekaran (ex-CPO of Snapdeal), Sumesh Menon (founder of Utopia Mobile and Woo), Dinesh Agarwal (founder of Indiamart), and Ashish Toshniwal (founder of Y Media Labs, San Francisco).

Post a Comment

Previous Post Next Post