Anthill selects 7 startups
Hyderabad: Anthill Ventures, an investment ecosystem for startups on Thursday announced that seven startups have been shortlisted for Urban-i. Urban-i is a six-month market access programme for accelerating the scale of consumer brand startups in India. Through Urban-i, the shortlisted startups will gain access to over 30 global subject matter experts, 50 corporate partners and 20 mentors.
In addition, the selected startups will get to raise funding of up to $1 million smart capital through Anthill and its co-investors' network, it added. Prasad Vanga, CEO, Anthill Ventures, said: "We have selected startups that are developing some trend-setting solutions. The startups will connect with Anthill's global market access channels. They will benefit from marketing and sales, distribution strategy to capture market share in the Indian market."