Alibaba To Launch Mobile Startup Incubator in Bangalore

Alibaba_Group_LogoAlibaba Group, the largest e-commerce company and Globals, the Bengaluru based mobile and analytics solutions firm is all geared-up for a startup incubator in the city that will focus on mobile internet and mobile commerce.
“It becomes easier to mentor the startups and find the right set of funders if you have a focused incubator,” says Suhas Gopinath, Founder, Globals.
Interesting to note that Alibaba isn’t going ahead with others like One97 fund / MS ventures or present accelerators.
Alibaba’s financial arm, Alipay has invested in One97 and the two have setup One97 Labs.
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