Internet technlogy provider Google has set up a new program dubbed Launchpad Accelerator that will fund mobile startups in Brazil, India and Indonesia, TechCrunch has reported.
The accelerator will invest up to $50,000 without taking an equity stake, and will offer mentorship, training and support.
Participating companies will travel to Google’s headquarters in the US to take part in a two-week bootcamp and gain access to both mentors from Google and other companies.
The startups will then return to their…
