Axilor to onboard 20 startups

BENGALURU: Axilor Ventures will double the intake of startups for its 100-day accelerator programme for which the applications are currently open.

Axilor, which takes around 10-12 startups currently, is looking to take in around 20 startups for its future cohorts. In the past two years, since its inception, Axilor, whose founders include Infosys cofounders Kris Gopalakrishnan and SD Shibulal, has supported 30 startups through its accelerator programme and invested in over 20 startups through its programmes.

Its portfolio includes startups across domains such as artificial intelligence, enterprise, fintech, consumer internet and healthtech. Its startups include events listing platform Eventshigh and home repair services provider EasyFix. Its exits include ecommerce services and technology company Sellerworx, which was acquired by software firm Capillary, and online fashion firm Craftsvilla acquired gourmet food marketplace Place of Origin.

The Ventures will also be accelerating its investments in early-stage startups. "In an uncertain funding environment, Axilor's accelerator programme is a great opportunity for entrepreneurs to scale their startups and become investable quickly," said CEO of Axilor Ganapathy Venugopal.