BENGALURU: Mentorship-driven Techstars Bangalore on Friday announced it has selected nine Indian startups for its third cohort in India. The acceleration programme will run virtually during the Covid-19 pandemic and each selected startup will get an investment of USD 120,000.

Announcing the names of chosen start-ups Techstars Bangalore Managing Director Dhritiman Hui said, “It’s heartening to see how Indian founders are increasingly focusing more on IP, and building for global markets, and not just India. These only go to create better outcomes, sustainable business models and more value creation for investors.”

Besides an investment of USD 120,000, the program includes mentor madness sessions during which the startups connect with over 70 mentors from India and abroad. Among the mentors who chip in during the initial weeks include Priya Mohan of Venture Highway, Hari TN of Big Basket and Vir Kashyap who co-founded Babajobs.

Among the mentors who chip in during the initial weeks include Priya Mohan of Venture Highway, Hari TN of Big Basket and Vir Kashyap who co-founded Babajobs.

This year, the entire programme is virtual and the Demo Day in early July is also slated to be a virtual event, according to the company.

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