NOKIA INDIA, APPCAMPUS & HARVARD BUSINESS SCHOOL ALUMNI ANGELS INDIA CHAPTER LAUNCH “APPCELERATE-INDIA”
India’s First Mobile Accelerator to foster innovation in India’s mobile ecosystem. Over half a million dollars of initial funding to kick start this unique accelerator and promote growth of Nokia Lumia & Windows Phone platform.
April 26, 2013, Bangalore: Nokia India, in collaboration with AppCampus (Finland) and members of Harvard Business School Alumni Angels (India Chapter), today announced their initiative, ‘Appcelerate-India’ to boost mobile app development on Nokia Lumia &Windows platform. As a part of this unique initiative, AppCampus and Harvard Business School Alumni Angels India will invest in excess of $500,000 in ‘Appcelerate-India’ and provide a combination of grants, seed funding, mentoring, incubation resources to discover disruptive applications and nurture talented Indian mobile start-ups.
Pekka Sivonen, Head of AppCampus said, “It’s exciting to build this type of start-up collaboration, tailored for the Indian market, where we truly get to reach developers and start-ups locally and help them evolve into the next Big Thing. This collaboration between AppCampus and Harvard Business Angels can bring significant and sustainable new opportunities for mobile-focused entrepreneurs and their businesses”.
Ravi Gururaj, Co-founder, HBS Alumni Angels India Chapter, said,“ India has strong technology credentials and a renowned entrepreneurial background. The successful evolution of the technology industry in India presents a great opportunity for mobile app developers. We are now seeing a massive spurt in passion from the local ecosystem towards entrepreneurial ventures in mobile products. Through our collaboration with AppCampus and Nokia India, we want to support app entrepreneurs in their development work and create an innovation-led start up culture”
Nokia and Microsoft invested 18 million euros to form AppCampus, a mobile application accelerator program managed by Aalto University in Espoo, Finland. AppCampus is aimed at fostering mobile application development on Windows Phone.
more details : Appcampus