IDG Ventures & Microsoft Come Together To Provide Early Stage Funding

By Rajiv Dingra • March 18, 2009

In a bid to provide access to entrepreneurial, technology and financial resources to startups all at one go IDG Ventures India and Microsoft India have announced ‘Early Stage Funding Program’. As per this partnership startups registering for Microsoft BizSpark which have the opportunity to get funded for up to 25 crore rupees by IDG Ventures.

One may remember that Microsoft Bizspark is a program by which startups get access to Microsoft suite including the latest tools and technologies at no cost.

Which companies can apply to this program?

The program is open to technology companies under three years old having annual revenues less than Rs 5 crore. Companies that meet these criterias will first have to enroll to Microsoft’s BizSpark program and then asked to send their business plans to IDG Ventures for evaluation.

How can one apply?
Startup companies can apply for the Microsoft-IDG Ventures Early Stage Funding Program here by filling this form.

IDG Ventures has earlier funded the companies like Ozone Media (An Online Ad network), Kreeda Games (Online Gaming Company), Myntra.com (A Custom Merchandise Online Ecommerce Company) and iViz (A Data Security Company).

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Categories: Funding, News, Startups
Tags: funding, IDG Ventures, microsoft bizspark, Startups

About the Author

Rajiv Dingra

Rajiv is a prolific blogger who has over 1000 blog posts to his credit at WATBlog. The Founder & CEO of WATMedia our parent company and the Chief Blogger at WATBlog, he has been the driving force of the WAT Evolution. Rajiv does some excellent analysis of the digital media industry in India and often brings out deep insights with his inimitable style of interviewing. Just mail rajiv|at|watblog|dot|com and it will reach him..