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Nine start-ups in the emerging space of Augmented Reality (AR) and Virtual Reality (VR) have completed the three-month maiden cohort at the India Innovation Hub Accelerator, an initiative of Facebook.
Located at the tech start-up incubator T-Hub here, the accelerator has offered mentoring by nine mentors (one each) from the company, majority of them from its US headquarters and its other global offices.
“We have such accelerators functioning in France, Korea, Brazil, London and Nigeria. The start-ups that have completed the cohort would join a global community of start-ups that were hand held at six locations,” Satyajeet Singh, Head of Platform Partnerships, Facebook India and South-Asia, said. The start-ups have showcased their products on the Demo Day, which was attended by investors and other stakeholders in the start-up ecosystem.
Three out of the nine start-ups — GMETRI, Inno4sight, and Scapic — will continue to get support from T-Hub for a month on Go-to-Market strategies that help increasing funnel conversion rates, picking up the sales model, taking product to the market.
Srinivas Kollipara, Chief Operating Officer and interim CEO, said the start-ups would also have access to the incubator’s network of mentors, industry experts, investors and service providers.
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