India Accelerator on a Massive Expansion Spree; Adds 2.5 Lakh Square Feet with New Centers in Pune, Gurugram and Noida
- With aUSD 4 million investment, India Accelerator reaffirms its dedication to nurturing startup growth
India Accelerator, the leading tech startup accelerator in the country, announced a significant expansion initiative, aimed at fortifying its presence and support for the entrepreneurial ecosystem in India.
Startups across multiple cities across the country can now leverage more opportunities at the India Accelerator network for full-stack ecosystem, mentorship support and resources to thrive. With seven new centres across four locations, India Accelerator’s latest push doubles its capacity for startups to pursue their passion to build and create opportunities.
The seven new coworking centres are spread across the startup hubs of Pune, Gurugram and Noida and adds 2.5 lakh square feet space, effectively doubling the existing capacity. This will provide enhanced opportunities for end-to-end assistance, incubation to growth and scaling up, integrating mentorship, funding, and industry connections seamlessly for 3200 seats in Noida, 900 seats in Gurugram and 400 seats in Pune.
With presence in multiple locations, India Accelerator has grown its portfolio to over 200 startups, fostering a large community that generates significant in-house business and synergies among founders. This expansive network enables startups to benefit from shared knowledge, resources, and collaboration opportunities, driving innovation and success across the board.
“Investing USD 4 million into this expansion initiative, India Accelerator reaffirms its dedication to nurturing the growth of startups and fostering a dynamic entrepreneurial ecosystem in India,” said Abhay Chawla, Co-Founder & COO, India Accelerator. “We are excited to embark on this journey of expansion, which will enable us to cater to a wider audience of innovators, creators, and entrepreneurs, providing them with the infrastructure and support they need to thrive.”
India Accelerator has always been at the forefront of revolutionizing the tech startup landscape in India. IA’s dynamic ecosystem caters to the entire value chain, offering startups with the full spectrum of support in their journey. With every hub, India Accelerator seeks to create a thriving community and a dynamic environment, and also leverage the strength of the location’s ecosystem and create a holistic ecosystem for innovation, collaboration and growth.
The expansion into multiple hubs allows India Accelerator to tap into the unique strengths and expertise of each geographical area, creating a diversified and robust ecosystem. By establishing a presence in different regions, IA can leverage local talent, resources, and industry networks, providing startups with region-specific support and opportunities. This geographical spread ensures that startups from various parts of the country have access to IA’s comprehensive support system, fostering innovation and growth across multiple regions. Each hub acts as a node in IA’s dynamic multiverse, connecting startups to a larger network of resources and enabling them to thrive in a collaborative environment.
About India Accelerator:
India Accelerator (IA), the country’s preeminent seed-stage startup accelerator, and the recipient of the “Best Accelerator of the Country” award from Start-up India in 2022. Our commitment to fostering innovation and supporting upcoming founders has consistently positioned us at the forefront of the Indian start-up ecosystem. Along with the Accelerator, we are also very active in early-stage investments through its Joint Venture ‘Finvolve’ and its 3 AIFs & a Gift City Fund. IA is not just about funding; it is a holistic ecosystem enhancer that provides startups with the necessary tools, mentorship, and network to thrive in the competitive landscape.
