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Corporate accelerators in India The report also captures the success metrics of corporate accelerators in India in the last few years. 53 percent of accelerators are based out of Bangalore, 7 percent in Chennai, 7 percent in Delhi (NCR), 4 percent in Hyderabad, 11 percent in Mumbai, 3 percent in Pune and 15 percent in other states. A number of them have got follow-on funding. In 2017, corporate startup accelerator programmes saw 73 deals, in 2018, there were 80 investments and 44 investments till quarter 3 of 2019. In all, the ecosystem, which includes accelerators from companies like SBI, Target, Netapp, Microsoft, Shell and Bosch, helps around 250 startups through mentoring revenue traction, and also to grow their teams.
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