Nokia India, in collaboration with App Campus and Harvard Business School Alumni angels has recently announced to launch Appcelerate India, a startup accelerator designed to boost mobile ecosystem in India. The accelerator will help develop mobile apps on Nokia Lumia and Windows 8 platform.
As a part of this initiative, App Campus and members of Harvard Business School alumni will invest over $500,000 into ‘Appcelerate-India’ program and provide a combination of grants, seed funding, mentoring, incubation resources to discover disruptive applications and help evolve talented Indian mobile-app startups said a press release.
According to Gerard Rego, Director-Developer experience at Nokia, the program Appcelerate-India would open countless opportunities to mobile app startups and will help Indian ecosystem by providing new and innovative experiences to consumers.
App Campus, a mobile application accelerator program managed by Aalto University in Espoo, Finland is a joint initiative by Nokia and Microsoft, which in 2012 received a total investment of $24 million from Nokia and Microsoft. App campus has invested in numerous apps, categories including – games, business, travel, health & fitness and many more.
Harvard angels India, founded in 2011 in Bangalore is an Indian based Harvard alumni with a few non alumni members, who actively engage in growing Indian startup ecosystem by providing investments in early stage businesses in addition to technical and mentorship advice.