Amazon India on Sunday introduced the launch of its ‘Mentor Join’ programme, which is geared toward accelerating the expansion of startups and rising model homeowners enrolled below its Amazon Launchpad initiative.
By the programme, startups and rising manufacturers will achieve entry to steerage from enterprise capital companies, business veterans and Amazon leaders by way of skilled information sharing classes, networking occasions and 1:1 mentorship classes, an announcement mentioned.
Mentors from instructional establishments and VC companies like Hearth Ventures, DSG Shopper Companions, Elevation Capital, Tomorrow Capital have already signed up for the programme to contribute to the Indian startup development story, it added.
“Startups and rising manufacturers enrolled within the Amazon Launchpad programme can entry steerage from these mentors by way of numerous methods. This consists of one-to-one mentorship with chosen mentors over a three-month interval, ongoing networking alternatives with a wider pool of business consultants, or information sharing classes between these consultants and different Launchpad manufacturers,” the assertion mentioned.
This provides entrepreneurs a platform to interact, study and showcase their startups to the business’s main material consultants to assist deal with strategic and useful challenges, it added.
“The Amazon Mentor Join programme will not be restricted to startups and rising model homeowners enrolled within the Amazon Launchpad programme, however will even be prolonged to the winners of the Amazon Smbhav Entrepreneurship problem within 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 programme, it added.
Amazon Launchpad at present showcases over 2 lakh merchandise supplied by greater than 800 rising manufacturers throughout 30 totally different product classes. Widespread sectors catered to by these manufacturers embody well being and private care, magnificence and grooming, grocery and residential merchandise.
The second version of ‘Amazon Smbhav’ might be hosted from April 15-18, 2021.
“India has a big startup ecosystem that’s key to disruptive innovation and accelerating India’s progress in direction of an Aatmanirbhar Bharat. Most of those startups are led by first time entrepreneurs who’ve the eagerness to drive a change, however do not have the expertise to cope with the breadth of challenges they face alongside the best way,” Amazon India Director (MSME and Promoting Companion Expertise) Pranav Bhasin mentioned.
With Amazon Mentor Join programme, the goal is to create a assist system to assist startups unlock their potential by offering them with the correct of mentoring that may assist them scale their enterprise, keep away from blind spots, study from expertise of present leaders, open new doorways and assist them unlock infinite prospects for a Digital India, he added.
“We wish to perceive grassroots stage challenges, perceive tendencies and determine methods of fixing these issues for rising manufacturers. Not solely that, VCs like ourselves are all the time looking out for alternatives to satisfy new and upcoming manufacturers,” Prayag Mohanty, Senior Vice President at Hearth Ventures, mentioned.