Karnataka, November 21, 2022: Deshpande Startups, India’s largest technology business incubator, recently on boarded 45 early revenue stage startups to its DS-NIDHI Accelerator & WeEnable Bharat-Women Accelerator Program. The 16-week cohort-driven, structured, high-touch market and investment-focused program will help them to accelerate their growth, improve existing processes and explore new business opportunities. It will also involve intense mentoring, intervention in the area of constraint, and providing access to strategic resources to scale their business rapidly.
DeshpandeStartups has designed a unique market-focused accelerator program named “NIDHI ACCELERATOR” supported by NIDHI Accelerator, Department of Science and Technology, Govt of India and “WeENABLE BHARAT – WOMEN ACCELERATOR” supported by Elevate women Initiative, Govt of Karnataka. The programs focus on enabling tech start-ups led by men and women to be market and investment-ready. The current cohort includes 30 women-led tech start-ups.
The onboarding day marked the presence of dignitaries such as Mrs Champa E, GM, KITS; Mrs Shravani Pawar, CEO, Safehands; Ms Shruti Singhal, Regional Head, Indian Angel Network; Ms Rohini G, CEO, Wide Mobilty Pvt Ltd, and Mr Aravind Chinchure, CEO, Deshpande Startups.
Speaking about this, Mr Aravind Chinchure, CEO, Deshpande Startups, said, “In the recent years, start-ups have been clearly recognized on the economic agenda, including efforts to promote entrepreneurship. These interventions address gender-specific financing challenges, provide skills training and mentorship access, and build market linkages. I welcome more start-ups to leverage this opportunity and the support of Deshpande Startups and such partnerships to become a catalyst in their growth.”
Adding further, Mrs Champa E, GM-KITS, said, “India has more women-owned enterprises than many other countries. When provided equal access to inputs, women-led companies produce equally economically solid outcomes. Ecosystem enablers play a huge role in creating a conducive environment to motivate more people, especially women, to take up entrepreneurship as a career path”.
Mr Sudhanva, Senior Director & Mr Golden Frankly, Deputy Director at Deshpande Startups, congratulated the entire team for this Onboarding and provided an overview of the Program and its outcomes to the start-up community. Ms Shruti Singhal emphasized the importance of start-ups, especially women-owned enterprises, in value and job creation in the Indian economy
About Deshpande Startups
Initiated in 2016, Deshpande Startups is today India’s largest and most comprehensive platform of its kind. Recognised by the Department of Science and Technology, Government of India, as a Technology Business Incubator, it has supported and enabled over 275 startups with grants and investments worth 25 crores.
79% of these startups stem from small towns. Over 115 patents and trademarks have been filed. Over 120 products have been commercialized. Over Rs. 230 crores have been generated in revenue and over 3000 employment opportunities have been created. At Deshpande Startups, they have designed and put in place a range of programmes that aim at nurturing potential entrepreneurs and then supporting their venture through every stage of its life cycle from conceptualisation and pre-incubation to incubation and acceleration like YUVA, Edge, Incubation and Accelerator.
