Google to mentor Indian companies
Google to mentor Indian companies
BANGALORE:
Google is bringing its hugely successful startup mentorship programme
to India, and has already identified over ten startups to be part of it.
Google Launchpad, as it is called, will be a 5-day programme between
November 3 and 7 in Bangalore, and will see a number of senior Googlers
coming down to mentor the startups in technology, product strategy, user
interfaces, user experiences, and marketing. The event will conclude
with a demo day where the startups will make a pitch to VCs and
investors.
"Launchpad is an exhaustive mentorship programme to
help startups build at scale. By next year we want to do this every
quarter, and a year from then, we hope to do it every month," said Sunil
Rao, country head of the startup programme in Google India.
About 25 startups will be part of it. Among those already selected are
CoSight, which helps make sales executives more efficient, iReff
Technologies, which allows you to find the best prepaid mobile recharge
plan for your needs, and Smart Pocket, which manages all your loyalty
cards on the phone. These three are also part of Nasscom's 10,000
Startup programme. Two startups who were winners at the MIT Global
Startup Labs demo day are also part of it - AdWyze, which provides
interactive direct response solutions, and Wazzat Labs, which delivers
efficient image processing, computer vision and graphics solutions on
mobile platforms.
Others identified so far are Bluehat
Education, an e-learning firm, CashKumar, which allows you to get the
best rate on foreign exchange, and RightDoctor, which helps find the
right doctor for your ailment, Frilp, which helps find shops and
services used and recommended by your friends, colleagues and other
like-minded people, and Expin.me, a storybuilder application.
The first edition of Launchpad was launched in Israel a year and half
back, and it was so successful that Google has had about 14 of these
events there since then, with each batch having 15-20 startups.
Launchpad was later taken to Brazil.
For the Bangalore event,
there will be about 20 mentors, half of who will be Googlers from
California and Israel, including Amit Shevat, Google's startup outreach
programme manager.
Rao said startups were being identified
based to great extent on the quality of the founding team. "We need
people who can really implement the idea. We are also looking for those
with a sound business plan and minimum product viability," he said.
Ravi Gururaj, chairman of the Nasscom Product Council, said the Nasscom
10,000 Startups programme was championed by Google India MD Rajan
Anandan and the programme had provided a huge booster shot to India's
technology entrepreneurial ecosystem. "Google's Launchpad is a similarly
innovative compressed bootcamp which will deliver access to world class
experts, and knowledge to further help catalyse the Indian startup
ecosystem. Launchpad resembles an accelerator on steroids and we would
welcome more such programmes," he said.
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