Business World: Advice from an accelerator
Ravi Narayan, Director of Microsoft Ventures in India, is excited about the startup activity in India. For Microsoft Ventures, in Bangalore, there have been 63 startups that have participated in the platform over the last two years and the number is only increasing with the fifth batch graduating in November in 2014. Of the five batches, 67 per cent have raised money, the average being $575,000, and all of them have had access to over 150 mentors.