India Focused Startup Accelerator India Internet Group Launched

The India Internet Group (IIG), a new India-focused startup accelerator that invests in early stage internet/mobile startups, announced its public launch yesterday. The IIG accelerator is celebrating its public launch with a unique India-focused business plan competition to attract U.S based entrepreneurs.IIG’s founding team is led by Anirudh Suri who previously worked at McKinsey & Company, and has studied at Harvard’s Kennedy School of Government and the Wharton School at the University of Pennsylvania. IIG’s advisors include Rajan Anandan, Sunjay Guleria, Gautam Gandhi, Vijay Chattha, and Anuradha Duggal.

"One of the primary goals of the India Internet Group is to facilitate cross-pollination of ideas, technologies and startups between the U.S. and India. IIG believes there are several talented entrepreneurs in the U.S. who are interested in moving to India to pursue their entrepreneurial ideas but often face difficulties in transitioning to India. To help facilitate their transition, IIG will provide the selected entrepreneurs initial seed funding as well as access to its vast network of relationships and mentors in India, along with other resources such as office space, hiring managers and legal advisors." says their website.

“We’re super excited to help bridge the entrepreneurial ecosystems of India and the U.S., and germinate the seeds for the inevitable Internet revolution in India. Despite significant challenges, there are so many positive macro factors in India today – rising incomes, increased access to information and choices, widespread adoption of technology - which make it an attractive candidate to be a hub for innovation and disruption. Several exciting, large internet-focused businesses with innovative business models will likely be built in India in the coming years and The India Internet Group wants to play an active part in this transformation by both investing in startups and incubating innovative startups such as EkSMS,” says India Internet Group founding partner, Anirudh Suri.