4 days ago
Amazon awards $100,000 grant to 3 startups
Amazon India
has named
Auric
, ISAK Fragrances, and Fix My Curls as the winners of its
Propel Global Business Accelerator
Season 4, awarding the three startups a combined $100,000 in equity-free grants.
Launched in May 2024, the accelerator received over 900 applications from
D2C brands
across 15 Indian cities, with 54 finalists selected, according to a company statement.
Amazon has also announced the launch of Propel Season 5. The top 100 applicants will be inducted into a two-month mentorship where they will receive marketplace insights as well as compliance and logistics support to help them expand into international markets. From these participants, a panel will select the top three winners, who will share a total of $100,000 in equity-free grants.