In Pics: Is this a startup incubator or the office of a multi-billion dollar company?

Fifty-plus workstations, large events area, conference rooms, networking area, cafeteria and pantry are some of the facilities offered by India-based advantEdge

advantEdge is an early-stage VC fund-cum-startup incubator in Noida (India) that supports passionate entrepreneurs and companies with a strong growth potential.

While the VC fund has been operational for a year and a half, the incubation programme was just launched. The call for applications for the inaugural programme has just gone out.

It is a 6-month-long program, which is open all year round. Startups can apply at any stage of their lifecycle, but it typically prefers pre-funded companies.

Startups get access to a world-class infrastructure, including 10,000-plus square feet facility with 50-plus workstations, large events area, conference and meeting rooms, networking area, cafeteria, pantry, high-speed internet access, video conference facility, projectors, televisions, telecom, printer, scanner and photocopier.

These are in addition to on-call support services, preferential pricing and free credits from its vast partner network.

Unlike most other programs, advatEdge’s incubatee intake is on a rolling basis, which allows it to focus individually on each startup’s requirements, rather than push a commercially-minded common program for everyone.

A sector-agnostic programme, AdvantEdge picks 5-8 per cent equity from each incubatee startup.

The VC fund has backed startups such as Shuttl, Tripoto, TrulyMadly, OnlineTyari, ScoopWhoop, Wigzo, Rapido and CoHo, amongst others.

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Image Credit: advantEdge

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