French accelerator Numa has announced the graduation of its first batch of eight startups from its Bangalore branch. NUMA Bengaluru was launched in November 2015 as a joint venture between NUMA Paris and Metaform Design. It has a 6-month acceleration program for early stage startups. Also, It has partnered with corporates (such as Airbus) to support their innovation programmes.
NUMA Bengaluru provides co-working spaces for entrepreneurs and hosts curated events relevant to the startup community.
"Being one of the fastest growing & emerging economies in the world, India was definitely a sought-after destination for us to setup NUMA. The vibrant ecosystem and the growing numbers of startups in India certainly fall in line with our plans. We believe that our 6-month programme coupled with NUMA’s incredible knowledge base and the co-working environment in the heart of a thriving ecosystem will certainly help a lot of budding entrepreneurs in achieving their dream”, said Frédéric Oru, COO of NUMA.
NUMA is one of the biggest startup accelerators and active innovation hubs in the world. With more than 15 years of experience in the field, NUMA Paris has successfully accelerated 103 startups out of which 83% are still active after 4 years. NUMA's worldwide network operates out of 6 locations currently (Paris, Moscow, Casablanca, Bengaluru, Barcelona, and Mexico City).