GVFL and Brinc Enter Strategic Partnership to Launch Multi-sector Startup Accelerator
India, 1st December, 2023: Brinc, a global venture accelerator with a focus on innovative technologies, and GVFL Limited (GVFL), one of the oldest sector-agnostic venture capital firms in the country, announced the launch of the A4X accelerator program. Designed to support startups across the following four strategic themes, the programs are set to leverage growth in Gujarat and the rest of India.
The 4 programs will cover: Drawing inspiration from GVFL's legacy of building successful businesses and Brinc's expertise in nurturing entrepreneurial talent, the program promises: ● A launchpad for disruptive startups aiming to revolutionize their respective industries. ● A 3-month intensive acceleration phase, offering startups access to invaluable resources, mentorship from industry stalwarts, and an initial investment ranging from ₹1.5 crores to ₹2 crores.
● Expert mentorship, investor connects, industry networking opportunities, and a supportive community of founders for collaboration and peer-to-peer learning. Speaking on these developments, Kamal Bansal, MD of GVFL said “The accelerator program, set against the backdrop of a rapidly evolving technological and environmental landscape, is poised to be a catalyst for startups venturing into these diverse domains." The program aims to empower startups with the tools and insights needed to navigate their respective sectors effectively.
The accelerator program will also provide unparalleled mentorship from industry veterans, ensuring startups harness best practices and avoid common pitfalls, and facilitating networking opportunities with industry leaders and potential collaborators. Mihir Joshi, President of GVFL said “GVFL’s approach has been providing a broad spectrum of
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