Connect with us

Latest News

India Accelerator and Tokyo-Based 01 Booster Join Forces to Establish a Japan-India Startup Corridor!

Published

on

India Accelerator and Tokyo-Based 01 Booster Join Forces to Establish a Japan-India Startup Corridor!

India Accelerator, a prominent startup accelerator, venture capital firm, and co-working space in India, has announced a strategic collaboration with 01 Booster, a leading Tokyo-based accelerator, venture capital entity, and venture builder. This partnership is set to create a Japan-India Startup Corridor, aimed at fostering innovation and growth among startups in both nations.

Goals of the Partnership

The India Accelerator and 01 Booster alliance will focus on several key initiatives designed to support startup founders in India and Japan, fostering cross-border collaboration and growth.

Business Growth and Market Access

The partnership will assist startups in both countries in expanding their market reach, helping founders grow their customer base and establish a solid presence in each other’s regions. By leveraging the strengths of both ecosystems, the initiative aims to facilitate smoother entry into new markets for emerging companies.

Cross-Border Co-Investment and Funding

This initiative will provide opportunities for co-investments, allowing startups to access essential funding from a broader network of investors across India and Japan. This financial backing is crucial for startups looking to scale their operations and enhance their market competitiveness.

Trade Missions and Startup Events

Through organized events, trade missions, and networking opportunities, the partnership will enable startups to showcase innovations, connect with industry leaders, and explore potential collaborations. These events will serve as platforms for knowledge sharing and relationship building among entrepreneurs from both countries.

Technology and Innovation Exchange

The collaboration will encourage the sharing of advanced technologies and new ideas between Japan and India, driving collaborative projects that enhance both ecosystems. This exchange is expected to lead to innovative solutions that address common challenges faced by startups in both regions.

Talent Exchange and Skill Development

The partnership will offer talent programs, startup internships, and workshops aimed at developing skills. These initiatives will provide entrepreneurs and professionals with opportunities to gain international experience and broaden their career prospects.

Leadership Insights

Takeuru Kawashima, Executive Director at 01 Booster, commented, “At 01 Booster, we believe in the transformative potential of cross-border innovation, and India offers exciting collaborative growth opportunities. Our partnership with India Accelerator allows us to engage closely with a vibrant startup ecosystem, leveraging the strengths of both nations to support startups in achieving global success.”

Deepak Sharma, Co-founder and Managing Partner at India Accelerator, added, “This partnership with 01 Booster marks a new era of collaboration between Japan and India. Together, we will create pathways for startups to access new markets, secure strategic funding, and drive cross-border innovation.”

Significance of the Partnership

This partnership between India Accelerator and 01 Booster represents a significant step toward creating an integrated startup ecosystem. By facilitating cultural exchange, market expansion, and technological advancement between Japan and India, the initiative aims to boost the global competitiveness of startups from both countries.

Broader Context of Startup Ecosystems

The collaboration comes at a time when both India and Japan are focusing on enhancing their startup ecosystems. India has emerged as one of the fastest-growing startup hubs globally, while Japan seeks to revitalize its economy through innovation. This partnership aligns with national strategies aimed at fostering entrepreneurship and attracting foreign investment.

Conclusion

The establishment of the Japan-India Startup Corridor through the collaboration of India Accelerator and 01 Booster is poised to create significant opportunities for startups in both nations. By focusing on business growth, funding access, technology exchange, and talent development, this initiative aims to nurture a thriving entrepreneurial environment.

As this partnership unfolds, it will be crucial to monitor its impact on the startup landscape in both countries. The collaborative efforts between these two vibrant ecosystems could serve as a model for future international partnerships aimed at driving innovation and economic growth across borders.

Continue Reading
Advertisement
3 Comments

3 Comments

  1. Airport Shuttle Houston

    December 28, 2024 at 12:47 am

    Travel stress-free with our Airport Shuttle Houston to Galveston. We offer convenient connections from both Hobby and George Bush Airports to the Galveston Cruise Terminal, Kemah Boardwalk, and other locations like Downtown Houston, Baytown, and Texas City. Book now!

  2. Trust Guelph Taxi & Limo Services for efficient transportation to Toronto Pearson, Hamilton, and Buffalo airports. Available 24/7, we offer affordable shuttle options and executive limo transfers for stress-free travel.

  3. Miami Party Bus Rental

    May 5, 2025 at 8:21 pm

    Experience Miami like never before with Miami Party Bus Services tailored for weddings, proms, birthdays, and nightlife fun. Our Luxury Party Bus Miami and Affordable Party Bus Miami options are perfect for any celebration. Book the Best Party Bus Rentals Miami for unforgettable occasions today!

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Blissclub Raises INR 33 Crore in Fresh Funding Months After Layoffs

Published

on

Bliss_StartupStories

Blissclub, the women-centric D2C apparel brand, has raised INR 33 crore in a Pre-Series B funding round led by Elevation Capital, with Eight Roads Ventures also participating. This funding comes just three months after the company laid off 18% of its workforce-about 21 employees from creative, sales, marketing, growth, and product teams-due to high cash burn and challenges in securing new capital.

The latest investment was made through the allotment of 16,076 compulsory convertible preference shares (CCPS) at a premium of INR 20,428 each. Elevation Capital invested INR 19 crore, securing a 24.5% stake, while Eight Roads Ventures contributed INR 14 crore, raising its stake to 15.79%. The capital will be used for working capital, capital expenditure, and general corporate purposes.

Founded in 2020 by Minu Margeret, Blissclub started as an online activewear brand for women and has since diversified its product range and established offline stores. Despite recent restructuring, the company’s revenue grew 27% to INR 86.9 crore in FY24 from INR 68.3 crore in FY23, though net losses also increased to INR 43.9 crore.

Blissclub’s successful fundraising, despite recent layoffs, underscores both the ongoing challenges and the resilience of India’s D2C startup sector in a difficult funding environment.

 

Continue Reading

Latest News

Apple to Shift Entire US iPhone Assembly to India by 2026

Published

on

Apple - StartupStories

Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


Continue Reading

Latest News

PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

Published

on

PhonePe

PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

Continue Reading
Advertisement

Recent Posts

Advertisement