BANGALORE, July 14 – Target India today announced the third batch of the Target Accelerator Program (TAP). Five startups, Findmeashoe.com, TimeFlex, BugClipper, Discover Dollar and House of Blue Beans will be developing disruptive ideas that are relevant to the retail industry. The four-month immersive program will focus on themes such as Merchandising, Digital Marketing, Omni-channel, Mobile, Supply Chain and Analytics Technology along with areas like Finance and DevOps that are core to retail technology.
The program has evolved to strengthen the innovation capabilities at Target – the latest batch includes three internal teams in addition to the five external start-ups. The initiative will provide team members a platform to test and learn faster. For the start-ups, this presents a chance to understand how Target is transforming to better meet the needs of our guests.
“Engaging with the start-up ecosystem provides access to innovative ideas and a newer talent pool that helps us advance our innovation journey. We are excited that the scope of the Target Accelerator Program has been extended to include three internal teams in addition to the five startups”, said Navneet Kapoor, president and managing director, Target India. “This evolution in scope reflects the breadth of ideas being explored within the organization and externally. Our teams and the startups have a great opportunity to develop their ideas and co-learn through this initiative.”
The five start-ups selected for the third batch include:
- com helps find the right footwear through virtual shopping
- TimeFlex provides cloud based monitoring for micro environments
- BugClipper reports bugs and share feedback through screenshots and screen recordings
- House of blue beans provides best-in class 3D product visualizations
- Discover Dollar’s revolutionary technology stops leakages and overpayments
The internal ideas include applications for curated sales suggestions and DevOps related solutions:
- XL-O-Rest provides automated testing suite for restful APIs
- ZeroToOne provides a DevOps platform for product engineering
- Sales Suggest helps curate sales suggestions for team members during in-store guest interactions
Target extensively reviewed several start-up applications and conducted a competitive evaluation internally to finalize the third batch. This program will run out of a specially designed energetic and creative hub at Target India’s office in Manyata Tech Park, Bengaluru. The teams will have access to a pool of industry’s best mentors and retail insights from Target leaders.
About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,795 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, that giving equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter.
About Target Corporation India
As an extension of our headquarters, Target India operates as a fully integrated part of our global team. Target India’s more than 2,300 team members are engaged in work that supports Target’s global strategy across business areas such as technology, marketing, human resources, finance, merchandising, supply chain, property development, analytics and reporting.
Target cares about and invests in the career development of more than 347,000 team members worldwide and the communities where they live and work. Target’s International Giving Program focuses on creating accessible, quality educational opportunities for children and youth in many of the countries where Target has offices, including India.