Venture Nursery, Indian angel-backed start-up accelerator has announced that it is inviting applications for its sixth Acceleration Program which will be starting from mid-July, 2014. The applications will be received online at Venture Nursery’s website, and will be reviewed by the Selection Council including VN Angels Siddharth Ladsariya, an Angel Investor and Vishal Maheshwari, former Sr. Director, Yahoo India. The selected candidates will be announced by 7th July, 2014.
In the past 2 years, Venture Nursery has conducted 5 boot camps which have attracted over 2000 applications from 50 cities and have accelerated 14 start-ups. Their portfolio includes Master, KLIP, The Venturator, Catapooolt, Seeksherpa and InvenZone.
This year, Venture Nursery is aiming to organise 4-5 batches and identify 10-12 high quality start-ups. In last two years, out of the 12 start-ups who have pitched to VN Angels, 8 have secured investment. Season 5 start-ups: HotelsAroundYou and FindUrclass.com are undergoing a mentoring and will pitch VN Angels towards the end of the program.
Apoorv Ranjan Sharma, Executive Vice President, VentureNursery said “Indian start-up space is expected to touch new heights with improving health of economy. We invite entrepreneurs who can transform the tech landscape. With a strong focus on tech innovation, we remain committed to build a vibrant tech start-up.”
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VentureNursery was established in March 2012 by angel investor Shravan Shroff, Founder and former MD, Fame Cinemas and Ravi Kiran, former CEO South East & South Asia, Asia, Starcom MediaVest Group and Co-Founder and Managing Partner, Friends of Ambition.
Earlier, it has made an investment of INR 50 lakhs in Klip.in and an undisclosed amount in Interview Master. VentureNursery focuses on six sectors like Media & Entertainment, e-Commerce, Retail, Consumer Technology, Education and Clean Tech.
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