Aditya Birla Bizlabs is a platform that enables innovative startups to get market access and new customers to rapidly scale up by leveraging the Aditya Birla Group’s global reach and business expertise.
During August – October 2015, Aditya Birla Bizlabs enabled the partnership of over 20 startups with the Aditya Birla Group’s Retail, Financial Services, and Mobility businesses.
Going forward, Aditya Birla Bizlabs will continue to collaborate with the global startup ecosystem, while expanding its scope to include other industries in which the Aditya Birla Group operates.
We are seeking startups that have:
Promising startups will get a chance to:
Yes, participating startups may have the opportunity of working with multiple businesses.
Companies that make the final shortlist may be evaluated for an investment. In addition, startups will also have the opportunity to interact with representatives from external venture capital funds.
No, Aditya Birla Bizlabs will not take any equity for collaborating with start-ups. Only in the case of an investment will equity be acquired.
We would encourage you to share non-confidential information. For further clarity on treatment of information furnished by you in your applications, please see the Aditya Birla Bizlabs’ Terms and Conditions before submitting your Application.
Aditya Birla Bizlabs is not an accelerator or an incubator. It is also not a venture capital firm. It is a platform that is differentiated with the objective to provide startups with:
Aditya Birla Bizlabs, is open to startups from across the world. Global companies could look at Aditya Birla Bizlabs for an opportunity to gain market access and customers in India as well as other geographies in which the Group operates.
We will facilitate discussions of shortlisted international companies with our teams to ensure a smooth engagement prior to any travel to India. Before submitting an application, please read the terms and conditions of the Aditya Birla Bizlabs Program carefully. In accepting an application from you, we presume that you have the requisite approvals from government or other authorities.
Yes, all startups are encouraged to apply. Aditya Birla Bizlabs provides an opportunity for startups to scale-up as well as a possibility for investment.
Aditya Birla Health Insurance Co. Limited (ABHICL) will be a 51:49 joint venture (JV) between the Aditya Birla Group and MMI Holdings of South Africa. MMI Holdings Limited (MMI) is an insurance-based financial services group listed on South Africa’s stock exchange, the JSE. The MMI Group is listed on the Johannesburg Stock Exchange and has a market capitalisation of RAND 37.8 bn.
Within the regulatory framework, the business model of ABHICL is being founded with a sharp focus on customer centricity to capitalise on the exponential growth this industry offers. This customer centric model is aimed at solving the typical pain points that customers face at every stage of their interaction with health care providers.
Further, this business model will bring health insurance solutions that are currently not available to the Indian customer and will also develop newer unique solutions that are suited to address the specific needs of the Indian customer.
Finally, the foundation of ABHICL’s business model is based on its ability to deliver its intended value proposition to the customer with the help of technology.
Short-listed startups will get the opportunity to:
ABHI is looking for start-ups across the following sub-sectors:
The India Today Group (ITG), established in 1975, is among the top media conglomerates in India with reputed marquee brands such as India Today, Business Today, AajTak, etc. With a media portfolio of 20+ magazines, 4 TV news channels, 1 English newspaper, as well as multiple web and mobile portals, ITG has a readership and viewership base of over 100mn. For this initiative, the India Today Group is our knowledge partner.
The India Today Group is looking for start-ups across the following sub-sectors:
Reach of 100mn+ viewers across digital, television and print media
Access to top experts, business leaders and editors from the media industry
Access to Content across genres and knowledge sharing
Potential investment: Short listed start-ups may be evaluated for an investment
Companies finally selected will enter into a mutually agreed contract with the Aditya Birla Group, setting out the commercial terms. In case of media startups, the contract could also be entered with the India Today Group.
Additionally, your online application requires you to accept Aditya Birla Bizlabs’ Terms and Conditions. Further, to protect the information which you will share please accept the Terms and Conditions.
Applicants unconditionally agree that no announcements shall be made of the fact that we are analysing particulars of any application.
Additionally, the fact that the Aditya Birla Group, acting directly or through its Affiliates and Associates is analysing the application should not be commercially exploited by the Applicant in any manner. The Application will not impact any existing or future program which may be similar to the program contained in the Application.