Turbostart, an early-stage global startup fund and accelerator, focusing on seed to pre-Series A level startups, has announced the opening of its global cohort. Accepting applications from startups worldwide, Turbostart is sector-agnostic while focusing on technology-driven ventures. Following a meticulous selection process, Turbostart is set to provide selected startups with funding opportunities of up to $1 million, along with structured support for each of the selected startups.
“We believe that innovation knows no boundaries, and great businesses can emerge from any corner of the world. With our global expansion, we at Turbostart are dedicated to fostering a diverse and inclusive entrepreneurial ecosystem, where promising startups can thrive. 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,” shared Ganesh Raju, Founder and CEO, Turbostart.
Over the past four years, Turbostart claimed that it has closed four rounds of funding, totaling $50 million. They have carefully selected around 40 startups from over 6,000 applications spanning 30+ countries and 15+ sectors. These include startups in the edtech, healthtech, fintech, e-commerce, AI and ML, renewables sector.
About the Cohort
Turbostart’s comprehensive selection process encourages startups across global regions to apply, involving meticulous curation of top applications by the team, multiple evaluation rounds of the curated startups led by the internal investment committee, culminating in a final round with the global investment committee. This process is followed by a rigorous due diligence procedure, comprising thorough audits and analyses, ultimately leading to the successful deal signing.
To aid the growth of startups, Turbostart provides consistent, tailor-made support and guidance through its extensive ecosystem of seasoned investors, advisors, and six Centers of Excellence (COEs). Their six COEs, led by hands-on domain experts, propel key areas where startups require significant support not only in terms of strategy but also execution.
The application window for startups to participate in the cohort opened on Tuesday, October 24, 2023, on Turbostart’s official website.
