Flipkart leap Launched To Strengthen India’s Startup Ecosystem
The Walmart owned company’s journey from startup to unicorn is one that is deeply admired and equally envied. With a view to strengthen India’s startup ecosystem and build a community of local entrepreneurs, Flipkart announced the launch of Flipkart Leap, the company’s first startup accelerator programme.
The 16 week long virtual programme has been curated in partnership with Zinnov and aims to help startups create world-class products and innovative solutions that are market-ready.
The programme will identify B2C and B2B startups and conduct a 4 month long virtual program, throughout which selected startups will gain access to Flipkart’s top-notch technical and business mentorship, tools, framework, technology, and business support services., Post the completion of the program, the final participants of Flipkart Leap will pitch their successful model to investors, corporates and other ecosystem players on the demo-day ,will win an equity-free grant of $25,000 and may also be considered for funding by Flipkart.
Five themes have been identified by Flipkart leap to shortlist relevant startups which include design and make for India, innovation in digital commerce, technologies to empower the retail ecosystem, supply chain management and logistics and enabling relevant deep tech applications. These themes have been hand-picked to bring forth solutions in the technology and consumer internet space.
Flipkart Leap is a platform to get associated with an industry leader and learn from experience while remaining ahead of the advancement bend and scaling a business rapidly to its maximum capacity. Manoeuvring the Flipkart Leap program is Naren Ravula, Vice President & Head of Product Strategy and Deployment, who is responsible for steering innovation within the Flipkart commerce companies and the broader ecosystem.
