Zone Startups launches a platform for International startups
Zone Startups has launched, Gateway 91, a soft landing program to work with international startups and growth stage companies looking to access the Indian market and establish a presence.
Gateway91 is the fourth new program announced by Zone Startups in 2016, including empoWer, Rise Accelerator with Barclays and Thought Factory Accelerator with Axis Bank.
Commenting on the development, Matt Saunders, President of Zone Startups, said: “Through programs like Gateway91, Zone Startups will continue to assist early stage enterprise software companies as they look to scale in the Indian market. Our extensive connections and programming continue to attract great founders developing innovative solutions. We’re proud to partner with both the Federal and Ontario governments to give Canadian FinTech startups the opportunity to benefit from our leading services to grow and thrive in India.”
Gateway 91 will offer end-to-end services for international technology companies looking to set up their first office in India. The first set of companies expected to be a part of Gateway91 will be selected through a competitive program in Canada and will be announced in early 2017.
“Setting up Gatway91 was a natural extension of what we have been doing at Zone Startups India,” said Ajay Ramasubramaniam, Director, Zone Startups India. “The ecosystem of mentors, potential partners and professional service providers needed by international startups to succeed in India is something that we have already built. In fact, over the last year, we have supported 16 companies from different areas, helping them with introductions to several potential partners and clients. To a great extent, this also aligns with Government of India’s Invest in India and Make in India vision as these international technology companies will create knowledge economy job opportunities”.
Other corporates from India are in talks with Zone Startups team, to establish a partnership, as they see a natural fit for extending their support and services to this initiative.