TLabs announces “Fall 2013 Batch” of Start-ups

TLabs India has started its “Fall 2013 Batch” of start-ups in the first week of August 2013. Aimed at nurturing and supporting the ideas and projects of Internet and mobile entrepreneurs, this is the fourth batch selected last month. It consists of 9 high potential start ups across various sectors ranging from retail to healthcare to media with founders coming from all the corners of the country. These start ups will go through an intensive schedule over the coming couple of months to build foundations of a sustainable business.

With this batch, the two year old accelerator  an initiative of the Times Internet  takes its portfolio count to 23.

Abhishek Gupta, Head, TLabs, said, The number and quality of start-ups is growing, we received a lot of good applications from students and young professionals, the young technical talent today prefers to start up rather than taking up a job or moving abroad. We are helping them on their journey of building a company.

Satyan Gajwani, CEO, Times Internet, said, There are lots of entrepreneurs starting up in India now and I feel the idea of start-ups being a ‘mentality’ rather than a concept. The challenge that runs ahead of every entrepreneur is to prove the proposition by convincing people. TLabs provides the edge over other start-ups right from the beginning as our goal is to support entrepreneurs as well as the entire innovative ecosystem to unlock the maximum value.

TLabs acknowledges the support of NASSCOM for providing access to excellent start-ups through its 10,000 Start ups initiative. About half of the start-ups in the current batch connected to TLabs during NASSCOM’s Pitch Sessions held across the country earlier this year.