Sama and Dalal will work part-time for GSF helping them pick the right startups and will also take on board/advisor responsibilities in some of its portfolio companies.
GSF, the startup accelerator, has roped in redBus founder Phanindra Sama to join its board along with angel investor Manish Dalal with an aim to deepen the mentoring and support it provides incubatee companies, according to a report published in Economic Times.
Sama and Dalal will work part-time for GSF helping them pick the right startups and will also take on board/advisor responsibilities in some of its portfolio companies.
"We need senior people to help our portfolio companies, as GSF becomes more specialised," said Rajesh Sawhney, Co-founder, GSF told ET.
Besides Sawhney, GSF will now have two full-time operating partners, four part-time advisors in addition to entrepreneurs-in-residence. The multi-city accelerator runs two programs every year. The first six-month program is focused on companies catering to the India market the other six months on startups targeting a global audience. Several successful entrepreneurs are stepping up to mentor younger peers in the Indian startup ecosystem apart from investing in them.
Dalal is an active early stage investor and has invested in startups in the mobile and consumer Internet space through Mumbai Angels.
In addition to GSF, Sama will also be mentoring students at his alma mater BITS Pilani for a week. When GSF started out in 2012, its portfolio companies worked out of the redBus office for three months.
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