Startup Incubators help aspiring entrepreneurs to find solutions to some of the most pressing issues associated with getting a startup running. Problems like finding a workspace, getting seed funding, mentoring, and training.
The main purpose of incubators is to help entrepreneurs grow their business. These are usually non-profit organizations that are run by both public and private entities.
in India, Incubators have been on a rising trend since 2011, when the startup fever actually hit the nation. Due to lack of experience, funds and network here, incubators have been actively increasing their involvement in the startup culture of India.
These are some of India’s best startups;
Indian Angel Network is the largest network of Angel Investors in Asia. Its the first angel group in the world to go international. In association with the British government it has established operation in London also.
With 400 plus investors across 10 countries with over 80% of the investors actively investing in projects, IAN has invested in 100 odd companies, these are spread over a variety of sectors.
IAN grants you access to a larger network of investors than any other incubator in India…with its reach going beyond normal, informal, local club structure of angel groups.
One of India’s leading incubators, TLabs has a portfolio of 50 plus companies, comprising of 150 plus mentors, 160 plus co-founders and a network of 200 angel investors and VCs.
TLabs shows a great success rate with over 65% getting green lit, and raising an average of $45,000 investment per team.
TLabs promote growth and sustainability amongst its partners They offer a funding of INR 30 Lakhs, a working space and lot of other benefits.
Founded by some of the best and well established entrepreneurs of India, this incubator helps founders improve their odds of success through its programs and a unique venture funding model.
The incubator is based out in Bangalore and started out with the vision to improve the startup’s success rate in the first 24 months of existence. It had three programs, Accelerator, Scale-up and Early Stage Funding programs. All these programs are designed to improve the chances of success in the initial stages of the startup.
Axilor invests between INR 30 lakh and INR 6 crore ($50,000 and $1 million) as part of the Scale-up and Early Stage funding programs. It has worked with various companies in a wide variety of fields like health care, life sciences, e-commerce and clean energy. Focusing on investing in disruptive technology, Axilor paves way for a large number of startups.
It is India’s leading early stage venture capital fund. It has operation in multiple cities all over India. Founded in 2006, Seedfund has an ever growing network of investors.
With the likes of Redbus, AFAQS, Edusports, Carwale etc in its portfolio, their vision is to make a significant involvement in the startup’s early years. More than money, Seedfund focuses on giving optimal attention to its investees, giving the companies immense mentor support and an ecosystem conducive to growth.
Another early stage funding incubator, it focuses more on digital assets situated in India. Founded by Pearl Uppal & Gaurav Kachru in 2017 itself, the funds are given out mostly by digital entrepreneurs. They bring out a very different level of startup knowledge.
As the incubator itself is growing, it gives ample time and funds to the few projects that it has partnered with. They provide extensive mentor network, and a financial investment from USD 50,000 to USD 500,000. Their current preferred sector to invest in are e-commerce, SME/B2B Focused Businesses, Mobile , Big data, ad tech, urban parenting, and education.
It is a seed-stage venture fund . It focuses on startups that not only need capital but also require mentoring. Their vision is transform the startup it partners with into disruptive companies. Based out of Bangalore, India, all three of its founders are successful entrepreneurs and investors.
The extended team of Prime brings you in contact with much needed marketing expertise, media exposure, legal and human resources experts.
This Chennai based incubator focuses on the software space when it comes to startups. Basically, the accelerator provides a physical space which acts as a co-working space for startup founders.
Its like a startup hub which organizes weekend meets between founders and mentors, working with select startups, they hope to engender a positive atmosphere of sustainability for nurturing the startups under its care.
UnLtd India is a launchpad for social entrepreneurs. They provide funds and mentor support to startups working to give long-term solution to India’s social issues.
Social entrepreneurs face much more barriers as compared to other startup initiatives. This requires, on part of the incubator, to know about these issues that the entrepreneurs will face and give suitable solutions to them. UnLtd does it best when it comes to social entrepreneurship. Their vision is to bring a radical change in the country by working on its social ills.
It has a rather different working model. It gets involved with the startup from the very start, i.e. from the conceptualization part. This helps in formulating a perfect business model, that not only is functional, but also brings in profits.
It is India’s first angel backed startup accelerator. Established back in 2012, its based on the founders’ beliefs that the angel ecosystem in India, must focus only on maximizing startup success. After choosing startups, it provides them intensive coaching and mentoring .
Venture Nursery usually conducts at least two boot camps in a year. It targets to accommodate up to three start-ups in each program. By the end of each boot camp, each graduating start-up has been evaluated for investment by a panel of 25 angel investors.
This incubator provides similar services but to a rather different crowd. StartUpMitra focuses on Tier 2 and Tier 3 cities. Knowing that there is an abundance of entrepreneurs in these cities also, it focuses on providing ample opportunity and giving them an access to its wide network.
Providing an incubator program, both virtually and physically, The hatch has a 52 week incubator program comprising of 13 weeks of accelerator program. Startups operate out of a co-working space based in Gurgaon and Chandigarh. With a good success rate and a possibility of funding of up to Rs.10 lacs .
They are very strict on venture selection, and mostly focus on technology centric startup ideas. With a great reputation and a large network of mentors.
Proposals are usually accepted for ventures that are initiated by one or more members of academic staff, students or alumni of the Institute. DST and MSME grants are available for venture’s fund requirements.
Based in Hyderabad, T-Hub is a unique public/private partnership between the government of Telangana, 3 of India’s premier academic institutes (IIIT-H, ISB & NALSAR) and key private sector leaders.
It stands at the intersection of the start-up, academic, corporate, research and government sectors. With a vision to attract Young India’s Best and Brightest Startup innovators, they provide an environment conducive to entrepreneurial growth by providing academician mentors who are experts in their field.