Microsoft eyes late-stage startups in India

August 29, 2017

Microsoft, the world’s biggest software maker, is changing its strategy to engage with startups. The company which launched its accelerator in Bengaluru five years ago to support early stage firms is now betting big on late-stage startups. The Seattle-based company which generated a revenue of $85.3 billion in 2016 is helping these companies scale up, win key deals with customers and go global, through its accelerator in Bengaluru.
“We realised that our strength was there. We needed to change the strategy,” said Bala Girisaballa, CEO-in-Residence, Microsoft Accelerator, India. Source

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