CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which E-commerce platform launched a Start-up promotion and mentoring programme named ‘Leap’?
A
Amazon
B
Flipkart
C
Snapdeal
D
Shopclues
Explanation: 

Detailed explanation-1: -The correct answer is Flipkart. Flipkart announced the evolution of its flagship startup accelerator programme, Flipkart Leap.

Detailed explanation-2: -Flipkart Leap is a startup accelerator program by India’s leading e-commerce giant Flipkart, aiming to create an ecosystem of strong startups in the Technology and Consumer Internet space focused on the India Market.

Detailed explanation-3: -Two new programs – Flipkart Leap Ahead (FLA) and Flipkart Leap Innovation Network (FLIN) have also been launched under Flipkart Leap.

Detailed explanation-4: -This program is an initiative under Flipkart’s flagship startup accelerator program, Flipkart Leap. The program aims to identify relevant startups working towards various problem statements that can accelerate the adoption of e-commerce for the next 500 million customers.

Detailed explanation-5: -Through the accelerator program, Flipkart aims to provide mentorship and guidance to early-stage startups to grow, scale, and build innovations for the country. As a part of the program, the selected startups will undergo a 16-week mentorship program that has been designed by Bain & Company.

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