Google wraps up first batch of accelerator program for female entrepreneurs in India
- ByStartupStory | March 8, 2023
Google has successfully completed the first cohort of its accelerator program for female entrepreneurs in India. The program, called ‘Google For Startups Accelerator—India Women Founders,’ ran for three months and aimed to address issues such as network access, funding, recruitment challenges, and mentorship. The first batch consisted of 20 participants, who received guidance on technology, product development, user experience, and growth strategies. The program was launched last year to support female-led startups in India.
Google has published a blog post stating that participating in the Google for Startups Accelerator program was a turning point for CoLLearn. According to Srishti Jain, the Founder and CEO of CoLLearn, the company’s vision changed after taking part in the program, and it began to focus on serving global citizens. CoLLearn provides cohort-based courses.
According to a blog post by Google, Srishti Jain, Founder and CEO of CoLLearn, expressed that participating in the Google for Startups Accelerator program was a turning point in their startup journey. Jain added that the programme helped them develop a structured approach to product launches, digital marketing, and scaling. Other participants in the first cohort of Google’s women-focused accelerator programme included Aspire for Her, Dubverse, Elda Health, Lxme, and Commudle. These companies aim to promote gender diversity, provide online video dubbing, offer health and financial services, and connect software developers and businesses.
As per a report by industry body The National Association of Software and Service Companies and consulting firm Zinnov, women-led startups account for only 18% of unfunded startups. Unfortunately, the situation doesn’t improve as startups move on to different stages, with women-founded startups representing just 18% at the seed stage, 14% in the early stage, and 16% in both late-stage and unicorn categories.
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