Microsoft's corporate venturing arm has selected 11 startups that will advance through either the Accelerator Plus or the Scale Up initiative.
Microsoft Ventures, the investment arm of US-based software producer Microsoft, launched two new programmes for middle and later stage startups in India on Wednesday.
The programmes, Accelerator Plus and Scale Up, are designed to help startups with a track record of development that are looking to scale up their business.
Ravi Narayan, managing director of Microsoft Ventures in India said: “One of the key issues we identified was that there was little or no help available for later stage startups…