India: Ashoka University, ISB launch venture accelerator for smart cities

Visual from the Ashoka University website

Ashoka University and Indian School of Business (ISB), Hyderabad have teamed up to launch a venture accelerator programme focussed on smart cities in collaboration with Microsoft India, according to a press release.

The accelerator aims to back startups in four sectors, healthcare, education, technology and infrastructure.

The programme, which is open for applicants till December 31, will provide skill-building and mentoring to start-ups, who will be selected on the nature of innovation, scalability and the team background.

Apart from receiving mentorship for four months, the programme will also skill building workshops and investing opportunities.

“The initiative will provide a multidisciplinary approach to the building of smart cities by bringing together liberal arts thinking, management principles and state-of-the-art technology on a common platform to create high impact ventures,” said Pramath Raj Sinha, founder & Trustee, Ashoka University, and founding Dean ISB.

As a partner, Microsoft India will promote this programme through its experience of driving multiple incubator and accelerator programmes in the past and will also provide software and technology support for participating startups.

“We hope that this partnership will help entrepreneurs come up with innovative solutions to address some of the challenges that cities faces today,” said Rajinish Menon, director, Microsoft Ventures.

Ashoka University, a private & non-profit university, offers its students undergraduate and postgraduate programmes in social sciences and fundamental natural sciences.

This is second initiative by Ashoka University. Earlier this year, the business school conducted Smart City contest in collaboration with the Dalmia Bharat Group and NASA Research Park based Singularity University.

Recently, the university raised $7.5 million from six high net worth individuals from outside India.

ISB is a global business school with two campuses in India.

Also read: 

India: Chandrika and Ranjan Tandon donate $100m to NYU School of Engineering

US-based Moderne Ventures launches accelerator, eyes Asian tech startups

Airfrov, Ambi Climate win Singtel Accelerator Challenge 2015

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.