Microsoft Accelerator Launches New Program For Late Stage Startups In India

TechCrunch

As we have been writing, startup accelerators in India’s nascent ecosystem are beginning to seek more mature, late stage companies to work with. The latest to join this trend is Microsoft Ventures, which announced its Summer 2014 batch for the Indian accelerator today. Of the 16 startups selected, six will be part of Microsoft’s new Accelerator Plus program, aimed at helping companies who already have customer traction and are more mature.

The Six startups joining Microsoft’s new, late stage accelerator program are: MyBusTickets.inPraxifyThinxtreamTouchfoneZingHR and Zoom.

The startups joining regular, early stage incubation program are: AppointyApp ViralityBookpadBoutlineImlyInstaSafeIntouchAppMetaomeSliderule and Voonik.

“This program is for more mature companies which are closer to VC funding.  Most of them have made significant progress, so much so that…

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