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  Technology   In Other news  22 Nov 2017  GSF to invest upto $1 million in 5 startups under 6th iteration of GSF Accelerator

GSF to invest upto $1 million in 5 startups under 6th iteration of GSF Accelerator

PRESS RELEASE
Published : Nov 22, 2017, 1:18 pm IST
Updated : Nov 22, 2017, 1:18 pm IST

GSF will further invest $ 1Million as co-investments in seed/series A rounds

Representative Photo.
 Representative Photo.

GSF Accelerator has announced the launch of its 6th iteration and will fund $ 2, 00,000 each in 5 tech start-ups. Additionally, GSF will further invest $ 1Million as co-investments in seed/series A rounds, at the end of the program. Applications close on Nov 30 and the program will commence in December of 2017.

Selected tech startups will get access to not only the Indian tech community with hands-on mentorship from India’s leading tech founders, but will also get access to GSF’s global community of over 300 mentors and startup founders.

The startups will spend the first three months in Bangalore to refine their products, followed by trips to San Francisco, Tokyo and China for a deep immersion in global tech ecosystem.

Application Process: One can Apply here by Nov 30. GSF Accelerator’s criteria is to fund innovative tech startups using frontier technologies like ML& AI, block chain, sharing economy, etc. to solve significant problems in the areas of healthcare,fin-tech, ed-tech, media-tech, B2B SaaS and analytics, etc.

Some notable start-ups with GSF are as follows —

Little Eye Labs (acquired by Facebook in 2014), Pokkt (funded by Jafco, Singtel, Jungle), SilverPush (funded by IDG ventures, 500 startups), Zapr (funded by Hotstar, Flipkart and Svaan) HackerEarth (funded by Dice, Beenext, Prime Venture), Flintobox (funded by Lightboxm Aecal, Globevestor), Timesaverz (funded by Unilazer Ventures and others), Dailyrounds (Funded by Accel), DocsApp (funded by Bessemer, Rebright and others), Whatfix (funded by Hellion, Stellaris, and others) and Quiziz (funded by Nexus and Prime VP).

 

Tags: startup, gsf, tech