Hong-Kong based Jaarvis has launched the pilot of its India specific accelerator which will invest up to $50,000 in startups that offer services and products in online-to-offline ecommerce services, Internet of Things, mobility and other new technology verticals. The accelerator will consist of 20 startups in each batch, with three batches conducted every year. The platform will provide office space and mentoring to these startups at its 20,600 sqft office space in Gurgaon. Post completion of this program, startups will be given an opportunity to pitch to investors and venture capitalists for potential funding. As of now, Jaarvis is working with five startups - Sportwrks, Promon.in, Donna Dialer, EduRev and Scorloc, which will be incubated for four months and guided by in-house and guest mentors. The company is looking to adopt another 10 startups soon and will take an equity…
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