The Circle: Founders Club Launches Market Access Focused Accelerator Program

Updated on: 25 September 2023 8:52 pm

With this agreement, Korean start-ups will get the opportunity to access the Indian markets

SIC-IIT Kanpur Signs Agreement With Korea Start-Up Forum Photo: With this agreement, Korean start-ups will get the opportunity to access the Indian markets

The Circle: Founders Club (The Circle FC) has announced the successful onboarding of ten Korean start-ups into the Korea Start-up Center (KSC) India 2023 program.

Throughout the program, the companies will have ample opportunities to connect with the Indian stakeholders, corporates, VCs and partners through networking events and industry conferences and fully immerse themselves in the ecosystem.

KSC is a start-up support program created by KISED (Korea Institute of Start-ups and Entrepreneurship Development) under the Ministry of SMEs and Start-ups. The Circle FC has partnered with KISED to run this program for the second year in a row. This program is run across 8 countries including India, USA, Israel, France, Singapore, Vietnam, Finland and Sweden. The goal is to help Korean start-ups achieve global market access through collaboration with local accelerator partners.

Follow our WhatsApp channel

These start-ups, hailing from diverse sectors such as Health-tech, HR-Tech, SaaS, and Travel-tech, have innovative products and solutions, and are keen to explore synergies in the Indian market. KSC India program offers many benefits, including market entry support, access to the Indian ecosystem, tailored mentorship, setting up tech-development centers, product localization, hiring local team, cultural understanding, networking events, and more. The program empowers start-ups with the tools and knowledge needed to succeed in the dynamic Indian market.

KSC India 2023 cohort represent diverse industries such as, AI Design start-up, Leebridge which aims to transform 3D Modelling in power plants, the smart scuba gear and app builder, Diveroid, HRTech company, McKinleyRice which helps streamline applicant verification, travel-tech start-up, NomadHer, empowering women globetrotters to travel solo, LaWith, bringing authentic Korean street food to India and SimpleLyfe which is developing sustainable packaging solutions for food industry.

"We are excited to help our Korean founders succeed by providing them with tailored support specific to their needs. We guide them with actionable market understanding to enter and establish a strong foothold in India through the KSC 2023 program.” said, Nemesisa Ujjain, project director of The Circle FC.

Rajiv Bathla, CEO of The Circle, added “At The Circle FC, our focus is to help ensure that these promising Korean start-ups are able to showcase their innovations, partner with the right local players and are able to make a significant impact in the India market.”