June 12, 2014
Bangalore is known as the Silicon Valley of India, a tech capital that fosters incredible talent. It’s also the home of Target India and the new Target Accelerator Program, which leverages brilliant minds for the next big tech ideas.
Launched early this year, the first round was a four-month immersive incubator focused on small startups that were charged with bringing innovative ideas to Target across five key areas: search, content, data, social and mobile. Hundreds of startups applied to the program, but only five were selected and given the opportunity to develop their ideas at Target’s Bangalore office with access to mentors, tools, resources and operational support.
Today, those five startups from the first class of the Target Accelerator Program — Turnaround Innovision, MuHive, Konotor, Unbxd and InstaClique — presented their work to a group of venture capitalists, angel investors, Target mentors and media. Take a look below to hear from some of the startups about the program.
The products and ideas from all five startups will be tested in select Target stores and Target.com.
“We are very excited to be working with the startup ecosystem in Bangalore to help create innovative omnichannel solutions to enhance the Target shopping experience,” said Navneet Kapoor, president and managing director, Target India. “We look forward to even more great things to come with our second cohort later this year.”
The second group of Accelerator startups, expected to start in the fourth quarter, will focus on: digital, omnichannel technologies and analytics. If you want to learn more about the Target Accelerator Program (we know you do!), check out the latest news here.
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