Axilor Successfully Graduates the Largest Accelerator Cohort of 20 Startups; Launches Call for Applications for its 6th Batch | Digital Conqueror

Axilor Successfully Graduates the Largest Accelerator Cohort of 20 Startups; Launches Call for Applications for its 6th Batch

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  • ApplicationsApplications open for Axilor’s Accelerator Program – Batch 6

Highlights of the 5th Accelerator Batch 

  • 20 startups across 5 sectors (consumer internet, enterprise, AI, healthcare, and fin-tech)
  • Meet Axilor’s Summer ’17 Accelerator Cohort
    • ­ AI/ ML: Detect, Niramai, Orbuculum, Transporter.city
    • ­ Enterprise: Adya, CoPro, Extraaedge, Gig Production, Maroon, Rucept
    • ­ Fintech: Healthfin, Legal Docs, TaxGenie
    • ­ Consumer internet: Castiko, Knudge.me, Multibashi, YourQuote
    • ­ Healthtech: PocketPill, Talkadoc, Treatgo
  • Many startups have emerged as category leaders during the program: Knudge, Yourquote, Detect, Niramai , Castiko, LegalDocs, and TaxGenie
  • 70% investment ready
  • 50% already secured funding, average fund raise of INR 2.5 crores
  • INR 32 crore ($5million) in funding raised by this cohort alone
  • 3x average growth in traction with a capital runway of 12 – 15 months
  • Extensive access to the Axilor Market Network:
    • Investors 
    • Customers 
    • Partners 
    • Founder community of 125+ founders

Announcement

  • Axilor launches call for applications for its 6th accelerator batch
  • Startups in following sectors can apply:
    • Deep Tech
    • Enterprise
    • Consumer tech
    • Fintech
    • Healthtech
  • Apply on www.axilor.com
  • Last date for applications is August 28, 2017

Commenting on the program outcomes, Ganapathy Venugopal (VG) Cofounder and CEO of Axilor Ventures said, “We are very excited by the amazing set of startups that have come out of the current cohort. Our current batch results set a new benchmark for accelerator programs. It provides a predictable way for ambitious founders to improve their odds of success in 100 days.”
 
Asutosh Upadhyay, Head of Programs at Axilor said, “The startup founders in the cohort have found useful the extensive access to the Axilor market network comprising enterprises, investors, resident advisors, tech and go-to-market partners, and alumni founders. The program design allows them to execute faster, grow their business and get funded.”

About Axilor Ventures

Axilor Ventures is a platform for supporting early stage startups. Through its accelerator and seed fund programs, it helps early stage startups improve their odds of success. It was founded by some of the iconic entrepreneurs and business leaders, which include Kris Gopalakrishnan, S D Shibulal, Professor Tarun Khanna, Srinath Batni and Ganapathy Venugopal. In the last two years, it has supported more than 60 startups, made 25 investments and has an active Alumni network of 125+ founders.​

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