February 10, 2022
1 min read

Amazon’s ‘Global Selling Propel’ 2.0 to back emerging brands

Bollywood actor and investor Kunal Kapoor has joined the programme as a mentor, according to the company…reports Asian Lite News

To help emerging Indian brands and startups to reach customers around the world, Amazon India on Wednesday launched the second season of its ‘Global Selling Propel’ startup accelerator.

The participating startups will get an opportunity to win a total equity-free grant of $100,000 from Amazon as well as free AWS credits worth $10,000. The entries for the startup accelerator are open till March 14.

The company said that the programme will provide startups an opportunity to showcase their business propositions to partner VC firms – Accel, DSG Consumer Partners, Fireside Ventures and Sequoia Capital India.

“We saw great interest, ideas and entrepreneurial spirit in the inaugural season of the programme, and we are excited to now bring the season 2. It is part of our commitment to make exports easier for businesses of all sizes and enable $10 billion in e-commerce exports from India by 2025,” said Amit Agarwal, SVP – India and Emerging Markets, Amazon.

Bollywood actor and investor Kunal Kapoor has joined the programme as a mentor, according to the company.

As part of the accelerator, Amazon has constituted a mentorship board consisting of company leaders from India and across the world, VC partners and other industry leaders.

Meghana Narayan, Co-Founder of Slurrp Farm and the winner of the inaugural season said that the programme helped them create sustainable business models.

“We have expanded our operations to the US and the UK markets and have also witnessed 100 per cent growth in sales,’ she said.

Slurrp Farm, Sirona and Wellbeing Nutrition were the winners of inaugural season of the programme last year.

The programme will feature an eight week, one-on-one mentorship module for the short-listed participants, said the company.

ALSO READ-Mozilla rolls out new privacy features

Previous Story

Acer launches 2nd made in India laptop

Next Story

Dhoni to star in mega-budget graphic novel ‘Atharva’

Latest from Business

India’s Millionaire Wealth Surges

Strong equity markets and investor optimism around artificial intelligence (AI) played key roles in bosting returns and overall wealth creation India recorded a robust 8.8 per cent rise in high-net-worth individual (HNWI)

IMEC Touted as Game-Changer for India’s Growth

The event brought together experts from the governments, academia, industry and private businesses across the globe…reports Asian Lite News The India-Middle East-Europe Economic Corridor (IMEC) has the potential to be a “game-changer”

Accel Puts India’s AI Power in the Spotlight

Under the theme “Engineering India’s AI Advantage,” the exclusive, invite-only event will bring together leading AI founders, researchers, tech CXOs, policymakers, and global investors….reports Asian Lite News Global venture capital firm Accel

Nvidia slams US chip export curbs as ‘failure’

Jensen Huang said the US move has backfired by accelerating China’s self-sufficiency in semiconductors and diminishing American dominance in the global chip market…reports Asian Lite News Nvidia CEO Jensen Huang has sharply

SEBI Warns on Strata Exit

Strata was one of the first platforms to register under SEBI’s newly introduced SM REIT framework, which was designed to regulate fractional ownership in real estate and allow investors to pool capital
Go toTop

Don't Miss

Amazon’s Climate Pledge Advances

The one-megawatt (MW) proton exchange membrane electrolyser is the first

Amazon’s Festival Draws Shoppers

Prime members also purchased more than more than 75 smartphones