A seed program initiative, Kstart, started by venture capital firm Kalaari Capital, has announced Google as its technology partner.
With this partnership, seed-stage Kstart portfolio companies will have access to Google’s mentors, investors, a network of partners and products. Google will provide its extensive global network and experts in Silicon Valley and other global locations. Besides local connections with business partners, PR support and regional venture capital fund connections are also a core component of this partnership. Google has also decided to select a few Kstart portfolio companies for grants of up to $50,000.
Commenting on the association, Sunil Rao, Country Head: Strategic Partner Development, VCs and Startups, Google India, said that the partnership is based on a synergy. While Google will bring its global expertise of working with startups and mentor them across areas such as product management, UI and UX, Kstart team will play a pivotal role in hosting the incubatee companies by providing better infrastructure, access to funds, legal and marketing help which the early stage startups can benefit immensely.