Spark10 Limited
VC · Hyderabad (India)
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About
Spark10 Limited is an accelerator specializing in seed stage and early stage startup investments. It seeks to invest in startups with minimum viable products (MVPs). The firm is sector agnostic but primarily focuses on technology focused companies such as IoT (Internet of Things), mobile software, internet, smart technologies, analytics, machine learning, etc. It seeks to invest up to $100 million in Indian startups. The firm takes 8% equity stake in its investments and provides a funding of INR 2 million ($0.03 million), INR 1 million ($0.01 million) as cash and INR 1 million ($0.01 million) as benefits. It offers a 13 week accelerator program divided in three phases of Discovery, Validation, and Growth. It prefers to take minority stake in companies. Spark10 Limited is based in Hyderabad, India with an additional office in Watford, United Kingdom.
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