SunTec Business Solutions launches seed funding initiative ‘Xelerator’

By Sanandakumar S

KOCHI: SunTec Business Solutions, the leading provider of revenue management and business assurance solutions, has launched ‘Xelerator’, a seed funding initiative to encourage entrepreneurship among college students in India.

Though this programme, SunTec will provide advice, support and funding to young entrepreneurs to help them to convert their idea into viable business.

Nandakumar, chief executive officer, SunTec Business Solutions said that Xelerator initiative has been set up with the objective to create a culture of innovation and motivate young minds to entrepreneurship.

“We are on the lookout for extraordinary ideas that can be developed into interesting business opportunities and for this we will provide them with infrastructure, financial and mentoring support”, he said.