Microsoft Ventures chooses 12 startups for its eighth accelerator batch

BENGALURU: Microsoft Ventures has chosen a dozen startups for its eighth accelerator batch. Most of the selected cohort are in the business-to-business space while only a few are focused on the consumer space.

The programme, directed mostly at later-stage startups, terms its 16-week accelerator programme as Scale Up and HiPo.

“Not limiting to just raising funds, our mission has been to help them scale, develop go-tomarket strategies and do everything needed to help them gain traction,” said Ravi Narayan, director, Microsoft Ventures.

Some of the successful startups from this programme include iBOT, Cloudcherry, CustomerXPs and Shotang. The average age of the founders is 39 years in the batch.