Amazon Launchpad unveiled in India

Amazon unveils Amazon Launchpad in India. On the lines of PM Modi’s Startup India program, Amazon Launchpad is likely to be of relevance to those hardware startups looking to go global. There are already 25 startups enrolled in the program along with hundreds more expected to join according to Jason Feldman, director of Global Innovations at Amazon. The eCommerce site charges Rs 5000 per month to sell goods on their website.

Commenting on the development, Amit Agarwal, vice president and country head of Amazon India “Amazon has always encouraged and supported innovation. By bringing Amazon Launchpad to India, we are excited to support the Government’s ‘Start-up India’ initiative and encourage innovation from the Indian start-up community.” Startups need to have a regular funding channel to enroll in the program. The program is already present in the US, UK, Germany, France, China, and Mexico.

Amazon.in has partnered with Startup India, NASSCOM 10,000 Startups, Indian Angel Network, NITI Aayog, Government of Maharashtra, Government of Telangana, TiE and investor entities amongst others, to help identify and enroll Startups.