Facebook aims to collaborate with venture capital firms to grow SMEs in India, having already partnered with Sauce.vc.
US-based social media group Facebook has launched VC Brand Incubator Programme to collaborate with venture capital funds on the development of their portfolio companies, Business Standard has reported.
Through the initiative, the corporate will provide small and medium-sized enterprises (SMEs) with training sessions across several topics to help grow their brands.
The first program began last month in collaboration with Sauce.vc, an India-based venture capital firm that targets food and beverage, personal care, apparel and lifestyle startups.
The initial cohort…
