Facebook Collaborates With SAIF Partners to Mentor SMBs in India

New Delhi: Facebook on Thursday announced a collaboration with SAIF Partners, one of the leading venture capital funds, to enable the growth of small and medium businesses (SMBs) and entrepreneurship in the country.

The partnership is a part of Facebook’s “VC Brand Incubator Programme launched in June for building the ecosystem for SMB growth in the country by providing young businesses with timely skilling and guidance.

“The programme has so far been tied up with three venture capital funds - Sauce.VC, Fireside Ventures and now SAIF Partners - thus mentoring more than 70 brands at various stages of their growth journey,” the company said in a statement. (IANS)

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