Walmart Global Tech and IIMK LIVE launch Deep Leap startup programme
IIMK LIVE and Walmart Global Tech launched Deep Leap to engage 1,500 Indian startups and select 50 for a 12-month incubation cohort. The programme has a proposed outlay of ₹2.89 crore, including Rs 1.5 crore for seed funding.
Read the source at The Hindu BusinessLineWhy it matters to operators and investors
Walmart’s planned 12-month, 50-startup cohort could expand its innovation pipeline, with operational value dependent on whether incubation produces deployable retail solutions.
What to watch next
- Application totals against the 1,500-startup engagement target
- Announcement of the selected 50-startup cohort
- Confirmation and disbursement of the proposed ₹1.5 crore in seed funding
- Walmart-linked pilot or procurement announcements
- Cohort disclosures of customer wins or follow-on funding