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Peesh Venture Capital launches accelerators in Bangalore and Gurgaon

25 select start-ups to get up to Rs 30 lakhs, who will not have to dilute any equity

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BS Reporter New Delhi
Peesh Venture Capital (PVC), a US-based venture capital firm focused on funding and nurturing passionate entrepreneurs and disruptive technologies, today announced the launch of its accelerators in Bangalore and Gurgaon. The accelerators are accepting applications for 3rd quarter 2015 from disruptive startups focused on ad tech, e-commerce, gaming, mobile apps, education, enterprise software, wearables, and Internet of Things (IoT).

 Each company selected for the program will receive up to Rs 30 lakh in funding without having to give up any equity. Applications are available at www.peeshvc.com/accelerators.html with rolling admissions beginning immediately, and selections to be announced in July 2015.

The accelerator runs year-round providing legal services, finance and accounting, HR, product development, sales and marketing, and operational guidance amongst other resources, as needed. The accelerators were designed to assist entrepreneurs in securing additional funding by building real businesses with healthy gross margins. 
 
PVC provides access to the biggest and strongest networks of mentors and leaders in its respective fields. The advisors include CEO’s, Founders, and Board Members of the most successful startups in India, angel investors and venture capitalists, field-leaders, and domain experts. 

“Acceleration and mentorship should be about supporting entrepreneurs, not taking advantage of them because of their limited finances. PVC accelerators are designed to empower and support entrepreneurs in achieving their vision; that is why we decided not to take an equity position in the companies that we select,” says Mr. Peesh Chopra- Managing Director, Peesh Venture Capital.

PVC Accelerator

The PVC Accelerators, located in Bangalore and Gurgaon, are physical and virtual co-work spaces in which entrepreneurs with disruptive consumer and enterprise software start-up ideas receive financial, strategic, technical and operational mentorship helping them transform their ideas into a viable business proposition. The PVC Accelerators are on a constant look-out for start-ups from across the sectors like Ad Tech, E-Commerce, Social Media, Gaming, Education, Mobile Apps, Enterprise Software, Wearables, and Internet of Things (IoT). 

# 30,000+ sq.ft State-of-the-Art 4 Floor Accelerator in Infocity, Gurgaon Mobile and Browser-accessible Hikvision-powered Video Camera Network with Over 100+ CCTV IP Cameras with Embedded Sound and Video Recording

# 25+ Samsung-powered SuperHD Video Conference Rooms

# Cisco-powered Dual-homed Network with Multiple ISPs including Tata, Airtel, Reliance, and Aircel with Automatic Failover, Load Balancing and High Availability with Wireless Tower for Wireless Backhaul Emergency Failover Samsung-powered 240 HV/199.68 Tone HVAC Sudhir-powered 1000+ KVA Generators for Power Backup ISO 270001 and PCI-compliant Process Controls

About Peesh Venture Capital

PVC invests in passionate entrepreneurs with disruptive ideas. PVC is currently investing out of PVC II, a $50 million (INR 310 Cr) fund focused exclusively on early stage investments in Ad Tech, E-Commerce, Gaming, Education, Mobile Apps, Enterprise Software, Wearables and Internet of Things (IoT).  The PVC Accelerators, located in Bangalore and Gurgaon, are physical and virtual co-work spaces in which entrepreneurs with disruptive ideas receive financial, strategic, technical and operational mentorship helping them transform their ideas into a viable business proposition. The PVC Accelerators are on a constant look-out for start-ups from across the sectors like Ad Tech, E-Commerce, Social Media, Gaming, Education, Mobile Apps, Enterprise Software, Wearables, and Internet of Things (IoT).

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First Published: May 07 2015 | 5:35 PM IST

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