Bengaluru: Investopad, a seed fund and early-stage incubator, has launched its third centre in Bengaluru which can house 20 start-ups at a time over a period of six months, the company said on Thursday.
The platform helps entrepreneurs with resources in design, digital marketing and recruitment and connects them to other mentors and investors.
Founded by Arjun Malhotra and Rohan Malhotra in 2014, Investopad has invested nearly half a million dollars in setting up the three hubs, which include Delhi and Gurgaon.
The platform which has already made close to nine investments in the past year, plans to make close to 15 investments every year at the early stage in small teams focused primarily on technology product investments.
“With our last three investments being Bangalore-based teams, we’re seeing the highest density of product innovations coming from the area,” Arjun Malhotra, co-founder, Investopad, said in a statement.
Investopad has incubated companies like Zenatix, MyPoolin, Wealthy, Mavin and Octomatic among others in recent months.