Flipkart Ventures invests in five innovative startups—know the details

Flipkart Ventures, the investment arm of Flipkart, has selected five innovative startups for the third cohort of its flagship accelerator program, Flipkart Leap Ahead. 

The initiative aims to support early-stage startups by providing financial backing, mentorship and access to industry expertise. 

Building on the success of its previous cohorts, this year’s program is focusing on startups that are pushing the boundaries of artificial intelligence (AI) and technology-driven solutions.

Investing up to $500,000

Through the FLA program, these early-stage startups will receive equity investments of up to $500,000, along with a customized mentorship program designed by a global consulting firm.

In addition, the startups benefit from guidance and strategic support from Flipkart leaders in key areas such as product, technology, finance and business. At the end of the program, the startups present their progress in a demo day, a forum that can help them attract more investment.

According to Flipkart Ventures, the chosen startups have stood out because of strong founding teams, clear product vision and a dedication to solving real problems.

Empowering new ideas

Five startups have been selected for the third cohort. Xportel is simplifying cross-border logistics by enabling international deliveries in more than 150 countries. Factors.ai provides a marketing intelligence platform using AI to drive account-based marketing tools and leverage cross-channel data.

Expertia.ai focuses on global recruiting, aiming to smooth out the hiring process with advanced sourcing and AI-based assessments.

Bharat Krushi Seva concentrates on strengthening the entire fruit value chain, from advisory services to market linkage, while Visa2Fly delivers a seamless approach to visa applications, including support with documentation and processing.

Encouraging entrepreneurship in India

Lubna Ahmed, vice president and head of Flipkart Ventures, says Flipkart Leap Ahead is about fuelling India’s startup ecosystem by combining capital, mentorship and a strong business network.

"By nurturing these startups, we aim to shape the future of technology and entrepreneurship in India," Ahmed added.

Since its launch, Flipkart Ventures has backed more than 20 startups spanning areas like deep tech, fintech, health tech, generative AI and sustainability.

Flipkart also recently signed a memorandum of understanding with the Department for Promotion of Industry and Internal Trade to continue investing in and supporting technology startups across the country.