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FIITJEE Accelerator Programme Offers Mentoring Programme To 16 Start-Ups

The program generated an enthusiastic response with close to 150 start-ups participating. After initial screening, 60 start-ups were shortlisted for the first round of interactions and mentoring

FIITJEE Accelerator Programme Offers Mentoring Programme To 16 Start-Ups
FIITJEE Accelerator Programme
POSTED ON April 14, 2023 11:48 AM

FIITJEE, an educational institution in India, launched the first cohort of its Accelerator Program in the latter half of 2022. The program invited start-ups from edtech, health tech and social impact sectors (with deep tech applications), offering them a structured mentoring program. FIITJEE Group evaluated the suitability of the start-ups for funding and business synergy.

The program generated an enthusiastic response with close to 150 start-ups participating. After initial screening, 60 start-ups were shortlisted for the first round of interactions and mentoring. A final list of 16 was shortlisted for intensive mentoring by a panel of four mentors appointed by FIITJEE. Out of these 16 start-ups, eight were further shortlisted to present at the Demo Day which included Witblox, Arivu Learning (myPal), K8 School, Stimuler, Shakti, PerceptionAI, Ajna Lens (Dimension NXG), and Exam Lounge. 

The Demo Day was graced by the presence of Saurabh Srivastava, Chairman, of Indian Angel Network and co-founder, of NASSCOM as the Chief Guest and D K Goel, Chairman of FIITJEE Group, along with multiple early-stage and angel investors,  Indian Angel Network, Venture Catalyst, i4 Angels, Caspian, Capfort VC, among others.

Commenting on the Demo Day, D K Goel, chairman, of FIITJEE Group, said, "In recent times, India has emerged as one of the leading players in the global startup space, acting as a magnet for top VCs and global investors. We created the FIITJEE Accelerator Program to play our part in helping the startup community. The programme saw an enthusiastic response from start-ups from all over India. We mentored the shortlisted startups to help them solve problems at scale. The Demo Day provided the shortlisted startups with a great opportunity to bring their ventures in front of a wide spectrum of investors. We hope to support many more startups in our future cohorts”.

Saurabh Srivastava, the chief guest at the Demo Day, said, “The FIITJEE Accelerator Program has curated a very impressive cohort of startups who show immense potential. I am impressed with the clarity and use of innovation by these young founders to solve problems most important for India. I will look forward to the journey of these startups and wish FIITJEE the best for their future cohorts.”.
 

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