Google starts accelerator for women-led startups in India
- IBEF
- June 15, 2022
Google has announced its first accelerator program for women-led startups in India. It aims to help women-led startups scale by connecting them to the right mentors and network of other startups and assisting them in raising funding and hiring the best tech talent.
Every year, Google plans to shortlist 40 startups, divide them into two cohorts, and mentor each cohort for three months. The program is open to startups that have raised a seed to series A round of funding and include a woman on the founding team.
“There’s a large women population with the ambition to truly build and design and influence society, but they’re not getting access to capital”, said Mr. Aditya Swamy, Director, Google Play & Google for Startups. The accelerator will also focus on assisting these startups with their funding needs.
Billions of dollars are raised by startups in India, but only 6% of funding goes to women-led startups. Startups that women entirely lead accounted for only 1.5% of the funding said Mr. Swamy.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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