BLS International Services Limited, is a recognized public company supplying the Government to Citizen Services and the world’s second largest company in visa processing services, has kick-started BLS Accelerator, a start-up accelerator program in order to help ingenious and contemporary business to accomplish the right mentoring and scale. As a part of the program, BLS Accelerator will also support the early stage start-ups by providing them INR 50 lakh seed fund along with accurate mentoring in areas like technology, product ideation and development, up-gradation of citizen services and market strategy. The last date of application is 20th September.
For the growing startups, BLS Accelerator along with being an investor will also facilitate the market exposure for more than 60 countries where the BLS International is operating presently. The first batch would be selecting 5 start ups depending upon their proposed value, team credentials and market traction. Any startup can be a part of this program depending on the merit basis without regard of their sector of operations. To support more, Mr. Shivam Ahuja, the Co-founder of the Delhi start-up and the Delhi angels has also joined the BLS Accelerator as one of the senior members of the core team to help start-ups to expand international.
According to the statement of opinion on the announcement, Mr. Shikhar, the Joint Managing Director of the BLS International Services Limited said, “BLS International is amongst top 3 players in the world for Visa, Passport, Consular, and Citizen Services. We always look forward to push the boundaries by not merely excelling in the core business but also by investing in the future. Our decision to start BLS Accelerator is a way to support the future Indian business leaders on their initial journey and scale both in India and globally. We see this as a great opportunity in innovation & technology business and at the same time, support the Startup India initiative by the Government.”
ALSO READ: IT Companies In India Take Up A Walk In Route For Pure Technology Jobs
Talking about the program, Riya Aggarwal, Chief Executive Officer, BLS Accelerator said, “India is at an inflection point of its start-up ecosystem. The spirit of entrepreneurship in the country has never been so high in the past. Therefore, I believe that this is the right time for BLS Accelerator to start its operations. The vision of BLS Accelerator is to support the Indian businesses leverage BLS International’s global & Indian presence and experience and develop global scale and competence.”
The program would run for three months and promotes the start –local and – go-global approach for the Indian companies. In the upcoming years, the BLS Accelerator targets of investing in more than 100 global and Indian start-ups.
ALSO READ: Helpful Tips To Speed Up Your Career
