The Asian startup ecosystem has really taken off and come into its own in the past few years. The startup and funding numbers are mushrooming exponentially – making it more of a revolution than just a passing trend.
But while the potential is huge the need of the hour is to create ecosystems that helps this revolution to translate into meaningful growth for the upcoming startups in Asia.
Accelerators and incubators play a vital role in enabling this and the last couple of years has seen an equally rapid growth in the number of accelerators.
Amplifi SaaS Accelerator was launched in October 2015 with exactly this in mind – to provide the most holistic ecosystem for B2B SaaS startups in Asia.
The Amplifi accelerator program is a gruelling 3 months long program for the shortlisted startup founders chosen through a rigorous selection process and culminates in a demo-day attended by hand picked angel investors and seed funds. Amplifi recently completed their inaugural cohort based out of Bangalore, India and the startups are in serious rounds of discussions with investors, trying to close their rounds.
Amplifi supports selected startups with infrastructure, mentors, shared resources, access to potential customers, angels and VCs plus credits from partners & service providers.
Amplifi’s program is now available in 7 locations in total in India – Bengaluru, Chennai, Hyderabad, Mumbai, Pune, Delhi-NCR and Kolkata and has reached international shores as well – Hong Kong.
In Hong Kong, Amplifi partners with its leading co-working space & startup ecosystem – Paperclip Startup Campus and will be supported by InvestHK and Cyberport which has assigned a fabulous work space for the startups to use during the course of the program.
Speaking on the occasion from Amplifi’s global HQ in Mumbai, Sudarshan Narayan, Managing Director said :
“Amplifi is dedicated to helping innovative B2B SaaS from Asia succeed on a global scale and Paperclip is committed to encourage entrepreneurship in Hong Kong – China. Hong Kong, being a FinTech hub of Asia and home to several global giants seemed like the most natural progression for us. With this we will be able to help Hong Kong startups access India and Indian startups access Hong Kong – Greater China ; thereby helping startups in the two largest economies in Asia. Our (Amplifi and Paperclip) similar vision and common goals brought us together. We, at Amplifi, are proud to partner with Paperclip and will endeavour together to create an engaging and enriching ecosystem that will define and develop the next gen B2B SaaS entrepreneurs in Hong Kong – China. And what better way to do this than with the support of partners like Cyberport and InvestHK among others.”
Sudarshan Narayan, Founder and Managing Director at Amplifi
“Cyberport indeed strives to inspire the next generation. Via various programmes, we are supporting aspiring entrepreneurs to pursue their entrepreneurial dreams to becoming the next generation of innovators, offering guidance along their startup journey. We nurture the entrepreneurial spirit in Hong Kong and help start-ups leap on global ambition with our global network. We are proud to welcome a vertical focused (SaaS) accelerator – Amplifi Paperclip – for Hong Kong start-ups. Through our joint effort, we are confident that we can push forward the development of the startup ecosystem in Hong Kong.” Said Mr. Mark Clift, COO of Cyberport.
Mark Clift, COO at Cyberport (left) with Ajay Kotkar, Advisory board member at Amplifi & Senior Consultant at Arges Global and Arete Financial Partners
Deepak Madnani, founder of Paperclip Startup Campus reiterated further : “The partnership with Paperclip Startup Campus was a logical fit, and geographically, running a cohort in Hong Kong provides tremendous opportunities to leading global corporates and allows for access to a high-quality mentor base that is only possible in world class cities like Hong Kong.”
Deepak Madnani, Founder at Paperclip Startup Campus
Adding to this, Jeffrey Broer, advisor to Amplifi and renowned startup mentor & angel investor said, “There are only a few real accelerators in Hong Kong, Amplifi is now one of them. The worldwide network of the program is one of the keys that will help scalable SaaS startups.”
Jeffrey Broer, Entrepreneur and startup mentor
Pitching sessions for India cohorts have already started today and we hope to finalise & announce the startups to join the September cohort in the next few weeks. Applications for Hong Kong cohort have just been opened and we hope to have the Hong Kong cohort join in tandem with India cohorts.
Applications are already open at various pages on f6s.com for respective cities : https://amplifi.asia/accelerator.html
Applications will close on Aug 10th, 2016 in India and 31st, 2016 in Hong Kong.
Please contact for more information: email@example.com
Amplifi is a SaaS dedicated accelerator company headquartered in Mumbai, India run by three highly experienced founders with a global advisory board.
From right to left : Mr. Rohinton Bharucha (Director), Mr. Prateek Jain (Asst. Manager – Business & Ops.), Ms. Vasudha Singh (Design Lead), Mr. Sudarshan Narayan (Managing Director), Mr. Amitava Neogi (Director), along with our Hong Kong partner Mr. Deepak Madnani (Founder & CEO – PaperclipHK Services Ltd.)
Paperclip is Hong Kong’s first dedicated startup campus which uniquely combines Innovation Programs with Serviced offices and Cowork Space. Paperclip’s mission is to help improve the quality of early stage entrepreneurs. The academy focuses on the lean startup methodologies and business model canvas tools, designed to validate new ideas quickly. The beautifully designed, 8000 square feet combined spaces are located in Sheung Wan, the ‘new Central’ for startups.
Cyberport is a creative digital cluster with over 700 community members. It is managed by Hong Kong Cyberport Management Company Limited which is wholly owned by the Hong Kong SAR Government. With a vision to build a legacy of entrepreneurial excellence that establishes Cyberport as a leading global innovation and technology hub, Cyberport is committed to facilitating the local economy by nurturing digital industry start-ups and entrepreneurs, driving collaboration to pool resources and create business opportunities, and accelerating digital adoption through strategic initiatives and partnerships.