U.S. startup accelerator FalconX and Perot Jain join forces to foster global innovation and entrepreneurship

U.S. startup accelerator FalconX and Perot Jain join forces to foster global innovation and entrepreneurship

Published: 26-10-2020 16:12:00 | By: Pie Kamau | hits: 1754 | Tags:

FalconX Inc., a Silicon Valley-based B2B startup accelerator, and Perot Jain, L.P., a Dallas-based early stage venture capital firm announced a strategic partnership to foster global innovation and entrepreneurship. As part of the partnership, Perot Jain Co-founder and managing partner, Anurag Jain, will join the FalconX Board, leveraging his expertise as an entrepreneur and investor.

Together, they will build on the promise of helping startup founders create successful companies by providing mentorship, funding, and access to corporate customers and partners in Silicon Valley, Texas, and the broader United States.

Murali Chirala, CEO and Co-founder of FalconX said: "Our partnership with Perot Jain adds a key node in a mesh of premium accelerators and consolidates our vision to scale and support a growing borderless entrepreneurship wave. We are delighted to have Anurag join our leadership team."

The partnership brings together Perot Jain's strong investment platform and extensive reach in the Texas startup ecosystem with FalconX's incubation expertise and Silicon Valley facility to help support startups through their early stages. The program focuses on helping founders build strong, ethical, customer-focused companies by providing access to mentors, investors, and partners with a global perspective.

Anurag Jain said: "The FalconX-Perot Jain partnership is a powerful combining force for entrepreneurs. FalconX's elaborate incubation program and experienced mentor group is uniquely complimentary to the Perot Jain investment thesis. We believe the partnership will create significant value for our portfolio, and we are looking forward to working with the team to create new opportunities for innovative startups." 

Founded by nine serial entrepreneurs, FalconX works closely with startups across the U.S., India & Germany and the founders have invested in more than 200 startups as angel investors. Perot Jain was founded by long-time business partners, Ross Perot Jr. and Anurag Jain. While the firm has strong roots in Texas, Perot Jain has invested in over 40 startups across the U.S., IsraelSwitzerland, and India.