Business Accelerator ‘Turbostart’ To Invest Up To Rs 50 Crore In 25 Startups
To help innovators overcome the hurdles of scaling up, Turbostart has announced the second series of funding round, Cohort II.
Turbostart, in Cohort II, will provide startups with a corpus of Rs 50 crore.
Beginning from August 15, Turbostart will select 25 startups in this round and will fund up to Rs 2 crore to each of the selected startups.
Talking about Cohort II, Turbostart said,
“Turbostart opens applications for Cohort II. Twenty-five startups have a chance to win up to Rs 2 crore funding each.”
Turbostart Founder and CEO Ganesh Raju said last year’s programme received over 1,000 applicants from over 30 countries globally and 300 cities.
And the programme included startups from various sectors such as edtech, health tech, and IoT.
Turbostart aims to provide a platform for promising startups where they get not only funding but also get mentored from industry experts and advisors.
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