Games24x7 Unveils 17 Startups for TechXpedite Accelerator Programme

The Indian startup ecosystem is abuzz with excitement as gaming unicorn Games24x7 steps forward to empower innovation through its flagship initiative, the TechXpedite Accelerator Programme. Launched in October 2024, the programme is a bold attempt to catalyze groundbreaking advancements in artificial intelligence (AI), gaming, and inclusive, impact-driven technologies.

With over 330 applications pouring in, TechXpedite's debut cohort features 17 promising startups, selected for their ingenuity and potential to redefine their respective domains. This initiative not only signifies Games24x7’s commitment to fostering innovation but also underscores the growing synergy between gaming and technology in India.

TICE brings you key details from this transformational programme and what it means for the Indian startup ecosystem.

Building a Launchpad for Tech Innovators

The eight-week mentorship programme promises to be an intensive journey for these startups, equipping them with tools and strategies to thrive in competitive markets. Participants will gain access to a rich repository of insights from industry leaders, venture capitalists (VCs), and domain experts.

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This isn’t just a mentorship programme; it’s a strategic intervention aimed at transforming startups into robust, scalable businesses. The focus areas include:

• Business Continuity: Developing resilient strategies to navigate uncertainty.
• Market Penetration: Identifying and tapping into lucrative markets.
• Financial Frameworks: Structuring finances to support sustainable growth.
• Tech Advancements: Leveraging cutting-edge innovations to stay ahead of the curve.

In addition, participants will receive $0.5 million in credits from over 30 technology partners, providing them the resources to refine and scale their operations effectively.

A Vision Beyond Equity

What sets TechXpedite apart is its non-equity model. Unlike many accelerator programmes, Games24x7 does not demand sweat equity or fees for its mentorship. Trivikraman Thampy, co-founder and co-CEO of Games24x7, elaborates on the programme’s ethos:

“Our goal with TechXpedite is to provide end-to-end mentoring to entrepreneurs to help them solve problems and challenges they might otherwise struggle with. It’s also a platform for startups to eventually raise capital.”

The mentorship journey culminates in a showcase event scheduled for March 2025, where startups will pitch their innovations to a distinguished panel of investors and industry leaders. For many, this could mark the beginning of transformational funding opportunities.

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Games24x7 Ventures: Fueling the Future of Tech

TechXpedite is not a standalone initiative but part of a broader strategy. In November 2022, Games24x7 launched Games24x7 Ventures, a ₹400 crore venture fund aimed at nurturing startups in the gaming and technology sectors over five years.

Although less than 5% of the fund has been deployed, Thampy assures that this is just the beginning:

“Right now, we have invested a very small portion, but there’s significant potential we are looking at.”

This patient yet strategic approach reflects the company’s vision of creating long-term value in India’s startup ecosystem.

Founded in 2006, Games24x7 has become a formidable player in India’s gaming industry, with popular platforms like RummyCircle and My11Circle. The company enjoys backing from prominent investors such as Tiger Global, The Raine Group, and Malabar Investment Advisors.

By championing innovation through initiatives like TechXpedite, Games24x7 is not only reinforcing its leadership in gaming but also paving the way for startups to thrive in India’s tech ecosystem.

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Looking Ahead

As the TechXpedite Accelerator Programme kicks into high gear, all eyes are on the 17 selected startups. These ventures represent the next wave of innovation, not just in gaming but in sectors that could impact millions of lives.

The programme isn’t merely an accelerator; it’s a beacon of opportunity for Indian startups to redefine the intersection of technology and creativity. With Games24x7’s support, these startups are well-positioned to become the torchbearers of India’s dynamic tech landscape.

In an era where ideas fuel the economy, initiatives like TechXpedite are a reminder that with the right mentorship, resources, and platform, the next big breakthrough might just be around the corner.

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