Axilor Ventures

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Axilor Ventures
IndustryVenture capital Accelerator
FoundedNovember 18, 2014
Founder(s)sS.D. Shibulal, Kris Gopalakrishnan, Srinath Batni, Tarun Khanna, Ganapathy Venugopal
Headquarters
Bangalore
,
India
Number of locations
1 office J.P. Nagar, 1 in MG Road, called Axilor Transit (collective workspace)
Key people
S.D. Shibulal, Kris Gopalakrishnan, Srinath Batni, Tarun Khanna, Ganapathy Venugopal, Payal Shah, Asutosh Upadhyay
ProductsInvestments, 100 day accelerator program
Number of employees
1-10
Websitewww.axilor.com

Axilor Ventures is a new generation platform for supporting early stage entrepreneurs. Founded by S.D. Shibulal, Kris Gopalakrishnan, Srinath Batni, Professor Tarun Khanna and Ganapathy Venugopal. Through its programs which include Accelerator, Scale-up and Early Stage Funding, Axilor aims to support early stage entrepreneurs and improve their odds of success. It is currently based out of India with its headquarters in Bangalore.[1][2][3][4]

History[edit]

Axilor Ventures is a platform for supporting early stage startups. Through its accelerator and seed fund programs, it helps early stage startups improve their odds of success. It was founded by some of the iconic entrepreneurs and business leaders, which include Kris Gopalakrishnan, S D Shibulal, Professor Tarun Khanna, Srinath Batni and Ganapathy Venugopal. In the last two years, it has supported more than 80 startups, made 25 investments and has an active Alumni network of 150+ founders. Axilor works with startups in 5 sectors: Enterprise, Fintech, Consumer Internet, DeepTech/ AI and Healthtech.

Programs[edit]

Axilor's Accelerator program, is a 100-day program for early stage entrepreneurs. The start-ups receive working space, advice, and connections without any equity dilution during the 100-day program. Axilor has a framework that helps entrepreneurs improve their odds of success. This is focused around the following areas: launching the startup the right way, access to the right capital at the right stage, dedicated mentorship, access to the Axilor peer community of entrepreneurs, and a series of masterclasses from industry experts to help learn how great startups are built and what mistakes to avoid. As of April 2016, 19 startups have gone through the accelerator program including PlaceOfOrigin,[5] LetsPool, StoreWalk, Awesummly, Peersome, Perapy and many others. . In addition, Axilor also invests between INR 30 lakh and INR 6 crore ($50,000 and $1 million) each in startups as part of the Scale-up and Early Stage funding programs. As of April 2016, 5 startups have been funded including Murgency,[6] Eventshigh,[7] Petoo,[8][9] Sellerworx,[10] and EasyFix.[11]

People[edit]

Axilor was founded by S.D. Shibulal, Kris Gopalakrishnan, Srinath Batni, Professor Tarun Khanna and Ganapathy Venugopal with Kris as its Chairman and Ganapathy as the CEO.[12][13] Payal Shah heads investments at Axilor. Previously, Asutosh Upadhyay led the Accelerator program at Axilor.

References[edit]

  1. ↑ "Infy co-founders launch startup incubator Axilor Ventures - VCCircle". vccircle.com. Retrieved 6 May 2016.
  2. ↑ "Axilor Ventures". vccircle.com. Retrieved 6 May 2016.
  3. ↑ "Infosys co-founders launch Axilor Ventures to support entrepreneurship, innovation - Franchise India". franchiseindia.com. Retrieved 6 May 2016.
  4. ↑ "Shibulal, Gopalkrishnan launch biz incubator Axilor Ventures". Deccan Herald. Retrieved 6 May 2016.
  5. ↑ "Axilor Ventures Invests In Online Gourmet Food Maketplace, PlaceofOrigin". Inc42 Magazine. Retrieved 6 May 2016.
  6. ↑ "Emergency Response App MUrgency Raises Funding From Axilor". Inc42 Magazine. Retrieved 6 May 2016.
  7. ↑ "Events High Secures Funding From Axilor Ventures; Appoints Google's Abhishek Shrivastava As Product Head - Inc42 Media". inc42.com. Retrieved 2017-08-03.
  8. ↑ "Bangalore Based Foodtech Startup Petoo Raises $1 Mn Funding From Axilor Ventures". Inc42 Magazine. Retrieved 6 May 2016.
  9. ↑ "Food Tech Startup Petoo Raises $1 Million Funding From Axilor Ventures". NextBigWhat. Retrieved 6 May 2016.
  10. ↑ "Kris Gopalakrishnan, S D Shibulal & Srinath Batni To Invest $1 Mn In SellerworX". Inc42 Magazine. Retrieved 6 May 2016.
  11. ↑ "Professional Services Marketplace EasyFix Grabs Funding From Axilor Ventures". Inc42 Magazine. Retrieved 6 May 2016.
  12. ↑ "Kris Gopalakrishnan Gets Appointed As Non Executive Chairman For Axilor Ventures; Applications Open For Second Batch". Inc42 Magazine. Retrieved 6 May 2016.
  13. ↑ "Axilor Ventures Announces Kris Gopalakrishnan as its New Chairman; Launches Applications for its Second Accelerator Batch". Pixr8. Retrieved 6 May 2016.
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