Gurgaon-based GHV Accelerator Partners With Japan-Based World Innovation Labs

Green House Ventures (GHV), which is a recently launched Delhi/Gurgan based Accelerator has partnered with a Japan based Capital fund called WiL (World Innovation Labs). The Capital fund invests in disruptive startups that have a global appeal, the fund further helps these startups by bridging the gap between the United States market and their home markets. WiL’s this partnership with GHV marks its glorious entry into the Indian startup Ecosystem.

Gen Isayama and Masataka Matsumoto are the wonder brains behind the Japan based Capital fund. Gen is a serial technology and Internet Entrepreneur, while Matsumoto on the other hand is the ex-chief incubation officer of Yahoo.  Both Gen and Matsumoto will dedicate five days a month as mentors for various startups housed at GHV.

According to Gen, CEO and co-founder, WiL, “India today looks like what China was 10 years back and growth here will be much stronger in the next few years. We would like to fund a couple of companies from GHV if there is a strong connection to Silicon Valley or Japan. If we see benefits of cross-border mentorship and regular dialogue, the next step will be set up a fund or facility which we can jointly run to continue our relationship.”

Through its this partnership with GHV, WiL is looking forward to support the growth and expansion of GHV housed startups in the global market, predominately US and Japan. WiL will help these startups in increasing their visibility, client reach and building a strong product. Post acceleration, the Japan based capital fund will fund GHV startups as Series A investors. The capital fund usually invests $5-30 million in early growth stage technology and internet startups through various rounds of investments and is set to follow the same pattern with the GHV startups. WiL is all set to bring its network of companies based in the US and Japan to help these startups in expanding globally.

According to Vikram Upadhyaya’s statement to Economic Times, “The partnership brings an entire ecosystem in place, mentoring support, global expertise and a Series A funding opportunity for startups. I see these three things as a strong value for our partnership.” Vikram Upadhyaya is the chief mentor at GHV.

 

Gurgaon-based GHV Accelerator Partners With Japan-Based World Innovation Labs

Green House Ventures (GHV), which is a recently launched Delhi/Gurgan based Accelerator has partnered with a Japan based Capital fund called WiL (World Innovation Labs). The Capital fund invests in disruptive startups that have a global appeal, the fund further helps these startups by bridging the gap between the United States market and their home markets. WiL’s this partnership with GHV marks its glorious entry into the Indian startup Ecosystem.

Gen Isayama and Masataka Matsumoto are the wonder brains behind the Japan based Capital fund. Gen is a serial technology and Internet Entrepreneur, while Matsumoto on the other hand is the ex-chief incubation officer of Yahoo.  Both Gen and Matsumoto will dedicate five days a month as mentors for various startups housed at GHV.

According to Gen, CEO and co-founder, WiL, “India today looks like what China was 10 years back and growth here will be much stronger in the next few years. We would like to fund a couple of companies from GHV if there is a strong connection to Silicon Valley or Japan. If we see benefits of cross-border mentorship and regular dialogue, the next step will be set up a fund or facility which we can jointly run to continue our relationship.”

Through its this partnership with GHV, WiL is looking forward to support the growth and expansion of GHV housed startups in the global market, predominately US and Japan. WiL will help these startups in increasing their visibility, client reach and building a strong product. Post acceleration, the Japan based capital fund will fund GHV startups as Series A investors. The capital fund usually invests $5-30 million in early growth stage technology and internet startups through various rounds of investments and is set to follow the same pattern with the GHV startups. WiL is all set to bring its network of companies based in the US and Japan to help these startups in expanding globally.

According to Vikram Upadhyaya’s statement to Economic Times, “The partnership brings an entire ecosystem in place, mentoring support, global expertise and a Series A funding opportunity for startups. I see these three things as a strong value for our partnership.” Vikram Upadhyaya is the chief mentor at GHV.

 

All New Startup Accelerator Green House Ventures Launches in Gurgaon

Serial entrepreneur and angel investor Vikram Upadhyaya has launched an all new startup accelerator called - Green House Ventures Accelerator (GHV), which will be based out of Gurgaon near Delhi. The new startup accelerator will fund and mentor startups between the incubation and venture capital stages.

GHV Accelerator will be first of its kind in India. The program will accelerate 25 incubated startups for Series A round and growth to 10x in 12 mnths with upto $100K of seed funding. Interested startups may apply here to GHV accelerator program.

"GHV will house startups at preventure capital stage but post incubation," said Upadhyaya, chief mentor at GHV who has invested in companies like Druva, Stayzilla, Merinews, Viedea and IndiaCollegesearch.

"Only 1 per cent startups are successfully able to achieve a Series A or VC funding. Most accelerator programs help companies get past the POC (Proof of Concept) stage, and then leave the startups to fend for themselves while raising growth-capital. As an angel investor, I had felt this need gap for my portfolio companies and hence realised the need of GHV program so that we identify high-potential startups and nurture them to be ready for Series A funding," says Vikram Upadhyaya, Entrepreneur Evangelist and Chief Mentor, GHV.

Unlike others in India, GHV does not work on a batch system. Instead, the sector agnostic accelerator will house 10 startups at a time through a yearlong programme. Each startup will get seed funding up to $ 100,000 in exchange for equity up to 20 per cent.

GHV’s unique sélection criteria - T.E.S.T. (Team, Execution capabilities, Scalability in the business model and Technology) & POC (Proof of Concept), will help determine whether a startup can benefit from mentoring and the GHV accelerator program.

GHV accelerator has received interest from 350 startups, of which 10 will be short-listed over the next 10 months. Entrepreneurs are required to be resident at GHV once a month for a week to get mentored. Startups choosed will work in a controlled environment where specific functions like human resource (HR), finance, market research will be provided by a set of predefined vendors identified by GHV.