Incubator - Nascom
Launched in April 2013, 10,000 Startups is an initiative by NASSCOM to scale up the startup ecosystem in India. They began their journey with the aim to enable incubation, funding, and support for 10,000 technology startups in India over the next ten years.
The program’s vision has been to foster entrepreneurship, build entrepreneurial capabilities at scale and strengthen early stage support for tech startups.
Over 6 years, 5800 startups graduated from the initiative, and more than 3500 events and programs were conducted. They allowed the connection of over 500 startups with corporate, including 400 start-ups in global ecosystems, and over 150 new product concepts, contributing in making India one of the top 3 startup ecosystems in the world.
They provide a nine month Incubate program with a plug and play co-working space for tech startups in each warehouse (supported and funded by the respective State Government). The program offers access to deep and wide-reaching network of investors, mentors, industry experts, and enterprises, which the startups can leverage to fast-track their growth and advancement. The program is also backed by a strong Steering Committee, members of which come from diverse background within the startup ecosystem. They also provide a virtual incubation program.
All applicants go through 3 rounds of evaluations based on several criteria: team, product market fit, scalability, go to market strategy, innovation index, sustainability.
All startups are tech related. Not one yet in the field of waste management.
A long list of partners, including: Mondelez International, Unilever, Tesco, Coca-Cola, Tata Communications, etc.
Regional offices: Bangalore, Chennai, Gurugam, Hyderabad, Kochi, Kolkata, Mumbai, Noida, Pune