Microsoft Ventures in India declare 17 Tech Start-ups as Graduates

Microsoft Ventures in India has announced graduation of 17 technology start-ups, 16 of which constituted the fourth batch of its Accelerator program and another from an earlier batch.
An audience of 800-plus mentors, industry influencers, venture capitalists, angel investors and journalists witnessed the accelerated progress made by Appointy, App Virality, Bookpad, Boutline, Imly, InstaSafe, IntouchApp, Metaome, Sliderule, Voonik, MyBusTickets.in, Praxify, Thinxtream, Touchfone, ZingHR and Zoom during the last four months at the Accelerator. Profoundis, a start-up from its second batch, also got graduated.

Demo Day was a part of the day-long activities that included Think Next, Microsoft Venture’s new initiative to boost the start-up ecosystem of India. A semi-annual conclave, Think Next aims at providing a forum for all stakeholders to network, deliberate and take measurable steps that will help spur the growth of the local entrepreneurial ecosystem. Two roundtables –Understanding Trends in Corporate Development and How to Create SAAS models from India, were organized as part of Think Next.

Ravi Narayan, Director, Microsoft Ventures in India, said, “We felt the need for a forum which brings together all the stakeholders and provides them with a platform to discuss current initiatives, decide on actionable follow-up steps and measure the progress over a period of time. Think Next is that forum, and we are confident it will provide a strong boost to the local entrepreneurial ecosystem.”

The 17 start-ups which graduated will join the 34 alumni start-ups from the last three batches of the Accelerator program. While their four-month stay at the Accelerator ended today, it also marked the beginning of another life-long association. As alumni, they will continue to be supported by the Microsoft Ventures team, both in India and abroad, as they work on customer connect and technology advancement.