About Target Accelerator Program
Target Accelerator Program, an accelerator and incubator program founded in 2014, is based in India. With a presence in 3 countries, it has supported around 23 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, Target Accelerator Program has witnessed 3 portfolio exits. Most notable companies in
its portfolio include Streamoid, Lechal and Quilt AI. The program is backed by a team of 2 people who primarily support Seed startups based in India. Its latest investment was a $30K Seed round in BugClipper on Nov 20, 2015.
Key Metrics
Founded Year
2014
Location
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
Target Accelerator Program's List of Top Investments
Target Accelerator Program has a portfolio of 23 companies. Their most notable investments are in BugClipper and House of Blue Beans.Their portfolio spans across India, United States and Singapore. They have invested in Enterprise Applications, High Tech, Retail and 10 other sectors, across stages such as Seed stage. Here is the list of top investments by Target Accelerator Program:
1. Streamoid
Provider of AI agents for retail productivity from concept to commerce. The platform offers tools for design analysis, content creation, and commerce operations. It automates product tagging, attribute management, and content quality checks. The platform generates metadata optimized for discovery and publishes product data across sales platforms. It integrates with existing PLM, PIM, ERP, and commerce systems.
Key facts about Streamoid
- Founded Year: 2012
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Stage: Seed
- Total Funding till date: $1M
- Employee Count: 50 as on Aug 31, 2025
- Investors: Target Accelerator Program
- Latest Funding Round: Angel, Dec 16, 2015, $*****
- Highlight: Editors' Pick
2. Lechal
Provider of smart footwear with haptic navigation and fitness tracking technology. Its innovative footwear offers intuitive navigation for enhanced independent travel and mobility, particularly for visually-impaired individuals. It offers a seamless user experience through its wearable technology innovation.
Key facts about Lechal
- Founded Year: 2011
- Location: Secunderabad (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $5.96M
- Employee Count: 3 as on Aug 31, 2025
- Investors: GAIL, IQuest Enterprises and 2 Others
- Latest Funding Round: Seed, May 10, 2022, $*****
- Highlight: Editors' Pick
3. Quilt AI
Quilt.AI provides AI and human intelligence-based consumer insights platform. Offers an anthropology AI platform and a team of anthropologists, engineers and designers develop models and maps from multiple data sources and deliver decision making human insights and anthropology.
Key facts about Quilt AI
- Founded Year: 2018
- Location: Singapore
- Annual Revenue: $10M - $50M as on Dec 31, 2024
- Stage: Series A
- Total Funding till date: $9M
- Employee Count: 70 as on Jun 30, 2026
- Investors: Nadathur, Spearhead Capital and 9 Others
- Latest Funding Round: Series A, Nov 21, 2019, $*****
- Highlight: Editors' Pick
Provider of AI based computer vision solutions. Its product portfolio includes AI-based automatic number plate recognition systems, vehicle detection, tracking, counting, and classification systems, and cloud-based integrated video analytics systems. Features include remote monitoring, cloud storage, geofencing, human and vehicle detection, notification alerts, people counting and tracking, and real-time event notifications. It has applications in smart parking, ATMs, smart cities, retail, and perimeter protection.
Key facts about Uncanny Vision
- Founded Year: 2013
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.79M
- Employee Count: 91 as on Jun 30, 2025
- Investors: Cisco, LetsVenture and 51 Others
- Latest Funding Round: Seed, Jun 25, 2020, $*****
- Highlight: Acquired

5. vPhrase
Developer of natural language generation software for data and report automation. It provides tools for creating personalized, language-based reports. Its products enable users to connect datasets and perform analyses through a search interface. The software aims to facilitate data-driven decision-making for professionals. The platform offers a data exploration tool that allows users to connect data from different sources.
Key facts about vPhrase
- Founded Year: 2015
- Location: Mumbai (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2023
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $2.14M
- Employee Count: 8 as on Jun 30, 2026
- Investors: 9Syndicate, Alpha Wave Global and 75 Others
- Latest Funding Round: Series A, Aug 19, 2019, $*****
- Highlight: Editors' Pick
Target Accelerator Program's Investments by Stage
Target Accelerator Program has made 3 investments in Seed stage with an average round size of $30K.Target Accelerator Program's Investments by Sector
Target Accelerator Program has a diverse portfolio, with companies operating in the Enterprise Applications, Business Services, Enterprise Infrastructure, FinTech and Mobile. Notably, it has invested in 20 Tech companies, 18 Enterprise (B2B) companies, 16 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Business Services | 1 |
Enterprise Infrastructure | 1 |
FinTech | 1 |
Mobile | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Target Accelerator Program's Investments by Geography
Target Accelerator Program has made most investments in India (3).Target Accelerator Program's recent investments
Target Accelerator Program has not made any investment in 2026 so far.Here are the most recent investments by Target Accelerator Program:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 20, 2015 | India | Seed | 7964 | - | |
Nov 20, 2015 | India | Seed | 6445 | - | |
Nov 20, 2015 | India | Seed | 1810 | - |
Acquired companies in Target Accelerator Program's Portfolio
3 companies from Target Accelerator Program's portfolio have been acquired. The most recent acquisition was Jumper.ai in Oct 2021 by Vonage for $*****.Here are Target Accelerator Program's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 19, 2021 | - | - | 7485 | |
Sep 30, 2021 | - | - | 4731 | |
Aug 04, 2021 | - | - | 5227 |
Team profile of Target Accelerator Program
Target Accelerator Program has a team of 2 members including 1 Partner and 1 Principal located in India. Target Accelerator Program's team does not sit on the board of any company as of now.Co-investors of Target Accelerator Program
Over the past 11 years, 2 investors have co-invested in Target Accelerator Program's portfolio companies. This includes funds and angels.
- Invested before Target Accelerator Program: Axilor Accelerator has invested before Target Accelerator Program.
- Invested after Target Accelerator Program: MXcel (1 company) is the only investor which has invested in Target Accelerator Program's portfolio after their investments.
