TLabs Expands Its Accelerator To Bangalore, Will Offer $50k To Each Startup
December 16, 2014 2014-12-16 18:24TLabs Expands Its Accelerator To Bangalore, Will Offer $50k To Each Startup
TLabs Expands Its Accelerator To Bangalore, Will Offer $50k To Each Startup
Starting January 2015, TLabs will offer its accelerator program out of Delhi / NCR and Bangalore.
In addition to expansion, TLabs has also increased the amount of capital it will invest in each startup to $50000 to provide a longer validation and growth runway amid rising operational costs during early stages of a startup.
Over the last 3 years, TLabs has had 6 batches and 36 total startups which have shown great success. More than 60% of startups that have graduated raised on average $450k in follow on funding. TLabs also boasts of a strong community of more than 300 founders and employees.