Turbostart, an early-stage global startup fund and accelerator, focusing on seed to pre series A level startups, has opened its global cohort. Accepting applications from startups worldwide, Turbostart is sector-agnostic while focusing on technology-driven ventures. With a presence in key regions including India, USA, MEA and Singapore, Turbostart serves as a platform for startups seeking funding and access to international markets and business acceleration services. The firm said in a statement that it is set to provide selected startups with funding opportunities of up to USD 1 million, along with structured support for each of the selected startups.
The application window for startups to participate in the cohort opened on Tuesday, 24 October, 2023, on Turbostart’s official website.
Over the past four years, Turbostart has closed four rounds of funding, totalling USD 50 million. The fund stated that it selected around 40 startups from over 6,000 applications spanning over 30 countries and over 15 sectors. These include startups in the edtech, healthtech, fintech, ecommerce, AI and ML, renewables sector.
Ganesh Raju, Founder and CEO, Turbostart said, “We empower visionary entrepreneurs, regardless of their location, by providing them with the necessary resources, guidance, mentorship, and global market access required to successfully scale their businesses. Turbostart’s expansion marks a significant step towards creating a truly interconnected and vibrant network, whose support transcends geographical limitations and removes hurdles one may face. As India’s startup story unfolds further, innovating for the world will be the mantra to follow and practice.”