Amazon awards USD 100K grant to 3 startups

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NewsDrum Desk
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New Delhi, Jun 18 (PTI) 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 USD 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 USD 100,000 in equity-free grants. PTI ANK ANK SHW