Alterbeat becomes first Indian startup to be funded by Malaysian government

Q.  Alterbeat has the distinction of being the only Indian startup to be funded by which government?
- Published on 19 Jul 16

a. Malaysian
b. Indonesian
c. Chinese
d. Japanese

ANSWER: Malaysian
 
Newly launched startup Alterbeat has announced it has been chosen for Cohort 3 of the MaGIC accelerator programme funded by the Malaysian government.
  • Alterbeat is the only Indian startup to be chosen for the accelerator programme
  • Close to 50 startups were selected from 500 applications across 30 nations.
  • Launched in February 2016, Alterbeat is a platform which enables people to pursue hobbies and careers in certain fields
  • MAP is an initiative of Malaysian Global Innovation and Creativity Centre (MaGIC)
  • This is a government agency which boosts startups and entrepreneurial ventures.
  • MaGIC Accelerator Program will help to tackle problems across the ASEAN region according to Alterbeat’s CEO.

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