Flipkart Leap: A Startup accelerator program announced
Flipkart is one of the biggest e-commerce companies in India, set up in Bangalore, Karnataka. They have recently announced its first-ever startup acceleration program to contribute to India’s growing entrepreneurial ecosystem as Flipkart leap. The leap will know as B2C and B2B startups plan that will help the user to expand their business within 16-weeks if the intense virtual program.
Additionally, this program will also mentor the leaders with the master classes conducted by industrial expertise. They will teach them the techniques of production, leadership qualities, and all possible ways to expand their business.
Company’s aim for Flipkart leap
Shortlisted start-ups will undergo a 16-week mentorship program and win an equity-free grant of $25,000
Flipkart has announced the leap program on Monday, as a program which can provide tools, framework, Knowledge, and help to new startup project to be a world-class entrepreneur. By this program, they aim to help the ecosystem by providing startups that are providing value-driving products. And also providing them support in building a market-ready solution. Along with this, they are planning on combining digitization and tech advancement together in this crisis. It means that they are planning to include the startup ideas that are working in the dispute solution and also have the potential to grow and become as e-commerce in the next 5-years.
Statement through the CEO
The Cheif Executive Officer of the company Mr. Kalyan Krishnamurthy has said that” Flipkart leap is aiming at unlocking this potential and nurturing new ideas that bring innovation, curiosity and unconventionally to the local entrepreneurial ecosystem while boosting the government’s ‘Startup India initiative'”.
Moreover, he mentioned, “India is at the third position in the world’s largest startups ecosystem that consistent annual growth of 12-15 percent”. As per the reports in India, 2 to 3 startups come to life every day. Therefore this Flipkart leap program by Flipkart should provide a path to some of the best startup ideas in the country.