Mumbai: Supreme Incubator, a virtual startup builder ecosystem launched its third cohort of the six-month seed-stage incubation program. The cohort started this May with extended support will continue till the year-end is designed to enable founders to graduate with robust, scalable and fundable ventures.
600 plus startups across India applied to the program with applications coming from different tier 1, 2 and 3 cities including Bangalore, New Delhi, Hyderabad, Mumbai, Chandigarh, Jaipur, Pune and more.
The flagship program admitted fewer than 3% of the applicants for this program after interviewing startups from diverse industries. The selected founders make up a diverse batch, some with corporate/industry experience, and some recent graduates from prestigious institutes like IITs.
The shortlisted startups like MBK Health Tech – an AI-enabled remote cardiac monitoring solution, Magzigo – AR/VR based education tool kits for schools, Edgenus – an online talent-building platform for artists, SunoKitaab – a social enterprise distributing audio books for education in remote parts of the country, and more are building exciting products.
Startups will be given access to mentors across borders from companies like 1mg, PayPal, MakeMyTrip, Flipkart, OLX and research-based institutes like IITs. The mentor panel also comprises experts from industries like space-tech, ed-tech, artificial intelligence, healthcare, fintech, etc.
“It’s inspiring to witness the undeterred entrepreneurial spirit of the founders that we engage with. As we scale up, we are constantly looking for bold committed innovators to create companies of the future,” said Disha Singla, Co-Founder – Supreme Incubator.
The incubator recently wrapped its second cohort in March 2021 through which a group of 12 tech startups graduated. The demo day with eminent investors was showcased on international TV and OTT platform.
The batch was selected from 400 applications. It will be supported over the next 6 months and provided with access to one-to-one mentorship, strategic partnerships, investment and networking opportunities. Along with a complimentary workspace in New Delhi.
“The graduating founders from Cohort 2 reflect some of the most innovative business ideas, driven by passionate teams. We are thrilled to have worked with them and are amazed at what they are capable of,” added Tanvi Singla, Co-Founder – Supreme Incubator..
Now into the third cohort, Supreme Incubator launched its first batch in September 2019 and 8 startups had graduated out of 102 submissions.
Supreme Incubator runs similar programs virtually across the country. It’s committed to supporting over 5000 startup founders in the next five years. It has different initiatives like the Startup Bootcamp, Mentor-Matchmaking, Virtual Entrepreneurship Fest, and more.
The brand has already engaged with over 900 entrepreneurs since its inception in 2019 through nationwide virtual events and has incubated 20 startups to date.