GSF Accelerator, the startup accelerator launched by former Reliance Entertainment President Rajesh Sawhney has inducted 15 startups in its inaugural batch. The program commenced on Oct 15, 2012 in three cities, Bangalore, Mumbai and Delhi, NCR, simultaneously. Each participant will receive $28,000 in funding and stands a chance at an investment of up to $3 million from GSF Superangels. Moreover, the companies will have the chance to attract the eye of other VCs that attend the demo day at the GSF2012 event next month. GSF Superangels will provide seed funding to 5-6 startups this year. Sawhney informed that the 7-week-long accelerator program would run simultaneously in Delhi, Mumbai and Bangalore and startups will go through 25 workshops focusing on different aspects of building business and products, raising finances, technology, and marketing. They will also meet over 100 mentors one-on-one. GSF Accelerator has also inducted 15 Entrepreneurs-in-Residence…
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