Mountain Apollo India
Mountain Apollo India was a company-builder initiative based in Noida, India, focused on incubating early-stage startups in the ICT and e-commerce sectors. It provided operational support and aimed to finance companies to Series A.
- Website
- mountain-partners.ch
- Founded
- 2012
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Overview
Mountain Apollo India was established in 2012 as a joint venture between Zurich-based Mountain Partners AG and Apollo International Group. The initiative aimed to incubate early-stage startups by providing them with infrastructure, operational support, and financing to help them reach Series A funding. Unlike traditional accelerators, Mountain Apollo India focused on a selective approach, working closely with a few startups each year, offering co-founder-like support rather than just capital. The most notable success from this initiative was Cloe, later known as Clovia, a private-label lingerie and sleepwear e-commerce company. However, the organization appears to be dormant, with no current programs or activities reported since the mid-2010s.
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