Selected startups will receive mentorship and/or capital to build and scale their business as per requirement, for a small equity capped at 6% or up to a maximum investment amount of Rs. 20 lakhs.
Spark10 is here to help Indian startups grow – we will be working with more startups in coming month. We have expansion plan and we will be launching few interesting projects in startup space.
The first cohort that started on 25th April 2016 was a huge success. Where nine startups were selected out of 500+ applications and underwent a mentor-led 13-week acceleration program.
Modasta, a multi-lingual health content portal and queries platform, has raised $1.5 million (about Rs 10 crore) from Mauritius-based high net worth individuals (HNIs).