VentureNursery, India’s first angel-backed start-up accelerator has partnered Paris&Co, the economic development and innovation agency of the French capital city, to help its graduating companies explore the French market.
The MoU aims to benefit the participants and alumni of VentureNursery to explore French market and vice versa in a variety of ways.
Under this partnership, founders of VentureNursery alumni ventures can go to Paris, get a Paris&Co executive designated to be their local buddy and operate out of any of ten Paris&Co incubators for a pre-defined period, at no cost.
In addition, VentureNursery alumni get access to two hundred start-ups in Paris, housed at Paris&Co, for sharing of knowledge and connections, avail business support services about doing business in France, and attend events conducted by Paris&Co free of charge.
Any VentureNursery alumni founder desirous of staying longer than three months to explore the market, conduct market research and build connections, can do so for up to twelve months at a preferred price, including highly subsidized residential accommodation.
VentureNursery Co-Founder Ravi Kiran, said,“Since inception VentureNursery has nurtured several world class start-ups that are solving real-world problems for the customer and building scalable businesses. VentureNursery’s obsessive focus is aimed at helping our Alumni take pole position. Our partnership with Paris&Co will open up opportunities for our alumni ventures to explore international markets".
Many of its alumni have earned global recognition: Mr Ritesh Agarwal of OYO Rooms was the first Indian to win the prestigious Thiel Fellowship, Google chose SeekSherpa as the only Indian company in 2015 for its Google for Entrepreneurs Exchange in Astrolabs Dubai, Arya.ai was amongst the four Tomorrow’s Technology start-ups in the world in Silicon Valley Forum 2015 list, and on the International Innovators’ List of French innovation agency Paris&Co.