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April 04, 2017 @ 01:15 PM

April 04, 2017 @ 01:15 PM

K. J. Somaiya Institute of Management Studies and Research, Mumbai

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The “E” Gets Stronger at XIME

Published : Saturday, 09 January, 2016 11:45 AM



The 3 month Accelerator program is designed to find, nurture and accelerate the next gen innovative ideas & entrepreneurs in B2B SaaS

Startups are mushrooming exponentially in India but the need of the hour is to create ecosystems that help this revolution translate into meaningful growth for the startups and the country. With an intention to create a startup ecosystem for B2B SaaS (Business-to-Business Software-as-a-Service) ideas, Amplifi and XIME have partnered to set up India’s first and only Amplifi-XIME B2B SaaS Accelerator at XIME’s Bengaluru campus. The new entity will offer infrastructure, mentoring, shared resources, access to corporates, angel investors and VCs plus credits from partners & service providers for the entrepreneurs selected through this program.

The Accelerator will be a 3 month long program for startup founders chosen through a rigorous selection process. The selected startup founders will work out of the XIME campus for this duration with the goal to prepare each startup with a focused business pitch and a working or refined prototype.

The four pillars of the Amplifi-XIME B2B SaaS Accelerator are : Global Perspective, Product Market Fit, Focus on execution and Time to Market.

Amplifihas been founded by Sudarshan Narayan, B2B entrepreneur & startup mentor, Ravi Veeraghanta, tech industry veteran and entrepreneur, Rohinton Bharucha, President & CEO, Patni Family Office, Amitava Neogi, former ED, Morgan Stanley Private Banking India and Uday Deshpande, former CFO and currently active Angel investor & startup mentor.

Xavier Institute of Management & Entrepreneurship (XIME) was founded in 1991 by a group of academicians headed by Prof. J. Philip, former Director, IIM-Bangalore. XIME enjoys accreditation from the Accreditation Council for Business Schools and Programs [ACBSP] of the United States and has been consistently ranked among the top B-schools in India. XIME has fully-residential campuses in Bengaluru and Kochi and an upcoming campus in Chennai.

Applications are invited for the first batch of Amplifi-XIME Accelerator program. The application deadline is January 13, 2016.

Speaking on the occasion, Sudarshan Narayan, Amplifi’s Managing Director said “Amplifi is dedicated to bringing innovative B2B SaaS ideas to life in India and XIME is committed to encouraging entrepreneurship. Our similar vision and common goals brought us together. Weare proud to partner with XIME and create an engaging and enriching ecosystem that will define and develop the next gen B2B SaaS entrepreneurs.”

Prof. J. Philip, XIME’s President said “XIME has been committed to entrepreneurship development. We provide an excellent platform for aspiring entrepreneurs to build successful ventures and existing entrepreneurs to scale up their enterprises. We are excited and proud to partner with Amplifi to help entrepreneurs build globally successful B2B SaaS ventures.”

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