Amazon India introduced on Sunday the launch of its “ Mentor Join ” program, which goals to speed up the expansion of startups and rising model homeowners registered as a part of its Amazon Launchpad initiative.
By way of this program, startups and rising manufacturers could have entry to recommendation from enterprise capitalists, trade veterans and Amazon executives via knowledgeable data sharing periods, networking occasions and 1: 1 mentoring periods, in line with a press release.
Mentors from instructional establishments and enterprise capital corporations like Fireplace Ventures, DSG Client Companions, Elevation Capital, Tomorrow Capital have already signed up for this system to contribute to the expansion story of Indian startups, a- he added.
“Startups and rising manufacturers enrolled within the Amazon Launchpad program can entry the recommendation of those mentors in quite a few methods. This consists of one-on-one mentoring with chosen mentors over a three-month interval, ongoing networking alternatives with a bigger variety of trade specialists, or data sharing periods between these specialists and different Launchpad manufacturers ” , signifies the press launch.
This offers entrepreneurs with a platform to have interaction, be taught and introduce their startups to the trade’s main material specialists to assist them tackle strategic and practical challenges, he added.
“The Amazon Mentor Join program will not be restricted to startups and rising model homeowners enrolled within the Amazon Launchpad program, however will even be prolonged to winners of the Amazon Smbhav Entrepreneurship problem on the upcoming Amazon Smbhav summit,” the assertion mentioned.
The winners would be the first cohort of startups to obtain the advantages related to the Amazon Mentor Join program, he added.
Amazon Launchpad is at present showcasing over 2 lakh merchandise from over 800 rising manufacturers in 30 totally different product classes. Common industries served by these manufacturers embody well being and private care, magnificence and grooming, grocery and residential merchandise.
The second version of Amazon Smbhav shall be held April 15-18, 2021.
“India has a big ecosystem of startups which is important to disruptive innovation and accelerating India’s progress in the direction of an Aatmanirbhar Bharat. Most of those startups are run by novice entrepreneurs who’ve a ardour for main a change, however missing the expertise to cope with the size of the challenges they face alongside the way in which, ”mentioned Pranav Bhasin, Director of Amazon India (MSME and Companion Expertise gross sales).
With the Amazon Mentor Join program, the aim is to create a assist system to assist startups unlock their potential by offering them with the proper of mentorship that may assist them develop their enterprise, keep away from blind spots, be taught from the expertise of present leaders, open new doorways and assist them unlock limitless potentialities for a digital India, he added.
“We search to know challenges on the native degree, perceive traits and establish methods to deal with these points for rising manufacturers. Moreover, VCs like us are at all times on the lookout for alternatives to satisfy new manufacturers and types to come back, ”Prayag Mohanty, senior vp chairman of Fireplace Ventures, mentioned.