Since it was founded in 2013, JioGenNext, the startup accelerator backed by Reliance Industries, has been a strong catalyst in empowering India’s startup ecosystem. JioGenNext advises and mentors founders for launching their startup in the Jio ecosystem and also supports them through strategic Investments and commercial partnerships.
So far, the startup accelerator has accelerated 136 startups in 11 batches covering verticals as diverse as Healthcare, Education, Fintech, Retail & Logistics, Travel, Gaming, Media, Original content, Adtech, Agriculture, E-Commerce, Learning and Development, Cyber Security, Enterprise IT, and Telecom. Infact, companies like Headspin and LogiNext who were in the programme have collectively raised almost $100 mn in 2020 alone.
Demo Day provides promising startups a platform to showcase their potential to key stakeholders - investors, customers, i-bankers and GTM partners. Over the years, several successful startups have emerged through Demo Day progressing rapidly in growth and sustainability.
Demo Day May 2020 marks the launch of yet another batch of high-potential startups that have been hand-selected and nurtured by JioGenNext. However, while the Demo Days so far have been in-person events, where startups pitched to a room packed with VCs, investors, leaders from Reliance ecosystem and other industry leaders, Demo Day 2020 is going online. The pitches that are traditionally delivered by the startup live on stage for Demo Day will be pitched live in real-time to all stakeholders online.
We are also opening up the Demo Day. By registering, you will get to watch startups that are building impactful companies and their pitches to the investor community.
By taking the Demo Day online, JioGenNext continues to strive in its commitment to strengthen the startup ecosystem and nurture the growth of innovative businesses.
2019 saw JioGenNext steering the accelerator in a new direction by hosting and mentoring sector-specific startups. The startups are solving some of the key challenges faced by SMBs and MSMEs and to support their growth by providing access to Reliance’s large distribution network.
The six-week full-time programme helps disruptive startups build their business from the ground up through a two-stage approach, which involves intensive mentoring, followed by a Proof-of-Concept with RIL / Jio. The programme thereafter tracks each startup’s progress from the point of view of acquisition and/or long-term commercial partnership.
Key modules of the programme include exhaustive one-on-one mentoring with industry experts, developing a business model canvas and operational plan, evaluating product-market fit and corresponding product roadmap, growth hacking strategies, digital marketing and PR strategies, among others.
The programme also boasts of strong partnerships with multiple ecosystem stakeholders. This includes Microsoft Azure, Accenture, EY, Amazon WebServices, Alchemist Accelerator, as well as investors such as Kalaari Capital, 3one4 Capital, Indian Angel Networks, Upekkha among many others.