Three Indian Startups Will Get Facebook's Support In The India Innovation Accelerator Program

Facebook and T-Hub initiated the program India Innovation Accelerator and shortlisted three startups which will receive support for four months from the tech giant. The four-month program will accelerate the growth of these startups which focuses on solving social problems via technology. These startups focused on areas such as education, agriculture, empowerment of women, climate change among others. Out of 140 applications, 10 startups were selected while the best three startups were announced as winners.

Innerhour, Marut Drones, and ftcash were the three startups to be receiving further support in building their brand and company. The others were given immense training and were graduated from Facebook India's Innovation Accelerator program. These startups were selected on the basis of their creative skills, market readability and how their innovations will impact social life. These tech giants are betting high on Artificial Intelligence and will return with another program next year.

Facebook India's Director and Head of Partnerships Manish Chopra said:

Meanwhile, T-Hub's CEO Ravi Narayan stated:

The list of ten startups in India graduating from this program include:

ftcash: empowers small businesses as well as micro-merchants with the help of digital payments.

StaTwig: builds blockchain-based solutions for making sure that all children get high-quality vaccines.

Signzy: this startup has created a digital trust infrastructure to allow completely secure digital on-boarding through the use of three products: Blockchain technology, ARI, and AI assisted on-boarding (RealKYC) for storing as well as verifying consumer info.

Blue Sky Analytics: this startup fights air pollution, environmental degradation, and water crisis by setting up environmental indicators.

Pensieve: with the aim of democratizing legal data, giving access to many people using Smriti and Mitra.

Greenturn Idea Factory: assist enterprises in decreasing energy consumption using realtime data driven insights from Greenie, their analytics platform.

And the other four startups are Innerhour, Shortlist Professionals, Marut Drones, and Sensegrass.