Mondelēz International, a multinational snack company, has announced the launch of its startup accelerator programme, CoLab India. The 12-week virtual programme, in collaboration with startup accelerator Huddle, will provide mentoring and an equity-free grant of $20K to selected early-stage snacking food startups. The programme aims to drive innovation and growth in the Indian snacking market, which is expected to reach $23.7 billion by 2028. The selected startups will also have the opportunity to raise between $500K and $1.5 million in funding. The programme received over 250 applications, with a significant number from female-led startups.
Source: Link