“We hope to attract quality startups from Tier-II and Tier-III cities as well,” he said.
Turbostart plans to invest and accelerate at least 100 startups in the next two years. The comprehensive startup-industry-academia framework programme aims to nurture these startups for a year. It will also provide assistance in product positioning, human resource management, brand and digital strategy, and marketing and sales.
Startups will also receive support in terms of legal and regulatory services, tax planning, accounting and financial reporting, and compliance. The programme plans to tie-up with other incubators and accelerators.