TLDR:
- Pienza Ventures, a US-based early-stage venture fund, is offering an accelerator initiative for SAAS-based Indian B2B startups.
- The initiative includes a $5 million investment and a unique programme to facilitate market access to the US.
Summary:
Seattle-based Pienza Ventures, founded by Aaron Bird and backed by Version One Capital, MHS Ventures, and Cercano Management, is focusing on SAAS-based B2B Indian startups. The company is setting up an office in Bengaluru to drive an accelerator program that offers personalized mentoring and specific market positioning guidance for startups. Pienza’s accelerator program aims to accelerate US market access for growth-stage companies through mentorships and strategic advice. The initiative is open to B2B SAAS or AI products with early customers or a certain annual recurring revenue threshold. Despite a funding winter, India’s startup ecosystem remains resilient, attracting significant investments in 2023. Pienza’s programme aims to support Indian startups in navigating the US market and unlocking growth opportunities.
