Startup Incubators are more open-ended than accelerators and aren’t usually designed to rapidly boost growth. Instead, incubators nurture and mentor startups over longer periods – over a year.
A startup accelerator is an organization that offers mentorship, capital, and connections to investors and business partners. It’s designed for select startups with promising MVPs and founders, as a way to rapidly scale growth.
While accelerators want to pay close attention to each startup, Startup incubators provide ad-hoc help with legal and business services, as well as help turning a concept into something with product-market fit. Startup Incubators usually provide office space and consultations with experts but take a more laid-back approach. There’s no intense program here — just an environment of collaboration and support when needed.
The staff of an accelerator or incubator can help by providing support, space, mentorship, connections, and more.
Top 17 Startup Incubators and Accelerators
Venture Catalysts is a full-service incubator that provides investment, mentorship, and networking opportunities.
Details of the startup:
City: Mumbai
Started in: 2016
Founders: Anil Jain, Anuj Golecha, Apoorva Ranjan Sharma, Gaurav Jain
Industries: Angel Investment, Finance, Incubators, Venture Capital
Number of investments: 206
Number of exits: 10
India’s fastest-growing startup accelerator (Ed Tech, Fintech, and Direct-to-Consumer). Over 200+ startups have been incubated, and 30+ startups have taken a stake in the company.
Details of the startup:
City: Jodhpur
Started in: 2019
Founders: Devesh Rakhecha, Dharamveer Chauhan, Lalit Mangal, Nitin Sethi, Raunak Singhvi, Sushil Sharma
Industries: B2C, Communities, EdTech, FinTech
Number of investments: 16
Number of exits: 2
Accelerator Duration (in weeks): 16
91springboard is a coworking community that offers networking events, mentoring, investing, fundraising, and part-time office space.
Details of the startup:
City: Gurgaon
Started in: 2012
Founders: Anand Vemuri, Deepak Sharma, Pranay Gupta, Pushpendra Thakur, Varun Chawla
Industries: Communities, Coworking, Real Estate
Number of investments: 8
Number of exits: 1
9 Unicorns is a venture capital and accelerator investment firm based in New York City.
Details of the startup:
City: Mumbai
Started in: 2020
Founders: Anil Jain, Anuj Golecha, Apoorva Ranjan Sharma, Gaurav Jain
Industries: Finance, Financial Services, Venture Capital
Number of investments: 75
DevX is a co-working space and accelerator focused on Spaces and Innovation.
Details of the startup:
City: Ahmedabad
Started in: 2020
Founders: Parth Shah, Rushit Shah, Umesh Uttamchandani
Industries: Angel Investment, Consulting, Coworking, Innovation Management, Interior Design, Real Estate
Number of investments: 3
Mahindra Group’s Private Equity and Corporate Venture Capital arm is situated in Mumbai, India, and San Jose, California (USA)
Details of the startup:
City: Mumbai
Started in: 2010
Founders: J C Mahindra, K C Mahindra, M. G. Muhammad
Industries: Incubators, Venture Capital
Number of investments: 9
Number of exits: 1
A company that serves as a coworking incubator.
City: Haryana
Started in: 2017
Founders: Ishaan Khosla, Rakesh Bhatia
Number of investments: 11
JITO Angel Network is an Entrepreneurial Ecosystem for Socio-Economic Development that is powered by Innovations.
Details of the startup:
City: Mumbai
Started in: 2017
Founders: Siddharth Jain
Industries: Non Profit
Number of investments: 51
Kris Gopalakrishnan and SD Shibulal, co-founders of Infosys, launched Axilor Ventures, an early-stage seed fund, and startup accelerator.
Details of the startup:
City: Bangalore
Started in: 2014
Founders: Ganapathy Venugopal, S.D. Shibulal, Senapathy Gopalakrishnan, Srinath Batni, Tarun Khanna
Industries: Angel Investment, Venture Capital
Number of investments: 95
Number of exits: 5
Accelerator Duration (in weeks): 12
GSF is an Indian venture capital firm and accelerator that invests in and accelerates mobile startups.
Details of the startup:
City: Gurgaon
Started in: 2011
Founders: Rajesh Sawhney
Industries: Consulting, Finance, Venture Capital
Number of investments: 36
Number of exits: 6
India Accelerator offers start-up mentorship-driven acceleration programs.
Details of the startup:
City: Gurgaon
Started in: 2017
Founders: Abhay Chawla, Ashish Bhatia, Mona Singh
Industries: Communities, Coworking, Incubators
Number of investments: 39
Accelerator Duration (in weeks): 16
StartupXseed is a strategic initiative aimed at assisting budding entrepreneurs with innovative ideas.
Details of the startup:
City: Bangalore
Started in: 2015
Founders: B. V. Naidu, Mohandas Pai, Ravi Thakur, V. Ramakrishna
Industries: Financial Services, Venture Capital
Number of investments: 14
Number of exits: 1
Villgro is a venture capital firm that specializes in social business incubation, seed funding, and early-stage funding.
Details of the startup:
City: Chennai
Started in: 2001
Founders: Paul Basil
Industries: Incubators, Non-Profit
Number of investments: 29
You can find their website here.
Rainmatter Capital invests in and nurtures emerging fintech companies.
Details of the startup:
City: Bangalore
Industries: Financial Services, FinTech
Number of investments: 14
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The Morpheus
The Morpheus is a community-driven early-stage business investment initiative in India.
Details of the startup:
City: Chandigarh
Started in: 2008
Founders: Nandini Hirianniah, Sameer Guglani
Industries: Incubators
Number of investments: 43
Number of exits: 2
WE Hub provides women with seed capital, mentoring, virtual programs, and business advice.
Details of the startup:
City: Hyderabad
Started in: 2018
Industries: Incubators, Non-Profit
Number of investments: 42
You can find their website here.
NASSCOM’s 10,000 Startups project aims to promote technological entrepreneurship in the country.
Details of the startup:
City: Noida
Started in: 2013
Founders: Purnima Sambasivan
Industries: Finance, Funding Platform
Number of investments: 66
And the list goes on. These Startup incubators and accelerators have established ground for startups, to help them grow and provide guidance. With this, growth in the overall economy will be witnessed as well.
Related Article: Top Startups in India in 2022
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