Techstars-style GSF Accelerator to launch in India, partners with Dave McClure and Singapore’s Ruvento

GSF Accelerator, a 7-week startup accelerator involving 12 companies, will launch in October 2012. The program, which will be held concurrently in 3 cities — Mumbai, New Delhi, and Bangalore, will provide startups with mentorship, seed funding, and networks.

GSF Accelerator is started by Rajesh Sawhney, founder of GSF Superangels, a network of 30 digital entrepreneurs and investors. By the end of the program, several of the 12 startups will be picked for additional funding from GSF Superangels.

All participants will also get to attend The Second Global Superangels Forum on 26-27 November, where 400 investors are expected to turn up.

The Techstars-style accelerator has Dave McClure, founder of 500 startups, as an advisor. It has also partnered with Ruvento, an iJam-supported Russian seed fund based in Singapore.

“India is booming with innovation, and 500 startups is excited to be partnering with GSF Accelerator in one of the world’s most exciting entrepreneurial ecosystems. 500 has already made several several investments in India and we plan to do more in the future,” said Dave.

Said Slava Solonitsyn, CEO of Ruvento: “We see the synergies to match start ups graduating from GSF’s Accelerator with our networks and portfolios from Russia and Singapore.”