Target Wants To Launch An Accelerator In India



By Pankaj Mishra, TechCrunch

“Target has long looked to India to fuel its software applications and back-office projects. Now, the Minneapolis-based retailer is doubling down on the country’s tech potential.

Come January 2014, Target is planning to launch the Target Accelerator Program, a corporate incubator — complete with funding, and possibly equity stakes in the cohorts — that it hopes will help it tap into the country’s startup culture and engineering talent to better compete against other retail heavyweights Walmart and Amazon.”

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