With the world’s highest broadband penetration (97%) and top-ranking innovation for six years, India is an innovation powerhouse.
Cutting-Edge Industries and Infrastructure
India excels in R&D, with advanced sectors like smart manufacturing, virtual reality, and renewable energies.
Its strong ICT infrastructure and high technology adoption rate create the ideal environment for fostering innovation and driving technological advancements globally.
Facts & Figures
South Korea leads Asia’s economic powerhouse
On Bloomberg’s Global Innovation Index for 6 years
Unicorns and 30,000+ startups in South Korea
Leading Global Innovation Through R&D Investment
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Massive boost in India’s enterprise tech sector, with a total valuation of $45 Bn across 19 unicorns, and a 49% surge in funding since 2019. It is a powerhouse for software-as-a-service (SaaS), supplying thousands of B2B solutions for companies worldwide.
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Manufacturing is a key sector, and government initiatives to catapult India as a world-class manufacturing hub have increased digital platform adoption for Industry 4.0.
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India’s large supply chain, growing E-commerce sales, and rising urbanization present promising opportunities for tech disruption in its logistics sector.
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Rapid urbanization, rising traffic congestion, and longer urban commutes are leading India to look for more convenient, affordable, and time-efficient Mobility solutions.
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India’s HealthTech market is estimated to reach $25B in 2025 on the back of telemedicine and preventive healthcare growth to help provide holistic care across urban and rural areas.
Opportunities for German Startups
Programs We Offer in Japan
How to Get Started
Enterprise Tech
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HealthTech
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Industry 4.0
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Mobility & Logistics
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Manufacturing
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Main Startup Hubs in India
Bengaluru
Known as India’s ‘Silicon Valley’ and the centre of the country’s high-tech industry, Bengaluru is home to over 13,000 startups, and 40 unicorns and has been ranked fifth in global tech venture capital investments in 2022. It is also a popular hotspot for E-commerce, Enterprise Tech, and FinTech startups.
Delhi
Delhi, India’s capital, continues to be a stronghold for India’s startup scene. Home to more than 9900 startups, 33 unicorns, and 19 ‘soonicorns’, most of Delhi’s funded startups are consumer-facing.
Mumbai
India’s financial and entertainment capital, Mumbai is the country’s third-largest startup hub and ranks 3rd in South Asia. The wealthiest city is home to more than 9,000 startups, and 17 Unicorns, and is a Fintech, E-commerce, Enterprise Tech, and consumer services hub.
Hyderabad
India’s second-largest IT hub, Hyderabad is a bustling hub for FinTech, Enterprise Tech, and HealthTech startups. It is also home to international giants like Microsoft, Google, and Uber. Hyderabad is home to more than 4300 startups.
What Previous Program Participants Say
Japan Snapshot Report
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You have the questions we have the answers
01
How Can I Apply to the Program?
To apply, simply follow the instructions in the application form. After submission, our team will review your application and get in touch with next steps.
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Will German Accelerator take any equity?
We don’t take any equity from our startups and our programs are financed by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). Our goal is to help you succeed. No hidden agendas, no strings attached.
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Who Is Eligible to Join?
To qualify for any German Accelerator program, your company has to meet our selection criteria:
- Your company must be incorporated in Germany with one of the following legal forms: UG; AG; GmbH; GmbH & Co. KG. We also consider GbRs on a case-by-case basis
- Qualify as a small and medium-sized enterprise (SME) based on the EU definition of a SME
- Be under the limit of the official EU De-minimis aid regulation
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What Are the Program Costs?
The cost of taking part in the Market Discovery program have a small fee of €500 per startup, for up to 3 participants from the same company.
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How Long Does the Program Last?
The Market Discovery program is a 5-7 week virtual program (depending on the location), with up to 1 week on-site in the respective country.