New Delhi, Aug 30 (IANS): US tech giant Microsoft on Tuesday announced the appointment of Bala Girisaballa as CEO-in-Residence of Microsoft Accelerator (MA) in India, effective from August 1.

MA is a global initiative that aims to help startups mature into enterprise-ready companies by scaling every aspect of their business.

Girisaballa will lead the Accelerator's efforts to help market-ready startups and entrepreneurs to scale up and become successful businesses through the technology enablement, global go-to-market efforts and deep business advisory in the form of Hi-Po and Scale-Up programmes. 

The company also announced that Ravi Narayan will now assume the role of Global Director at Microsoft Accelerator.

Narayan will help Microsoft Accelerator in eight locations around the world to become market-ready, focused and accelerate these startups that have or will raise institutional funding from VCs. 

Narayan will also focus on scaling the startup acceleration model through global partners.

Last year, Microsoft Accelerator in India redesigned their programmes to cater to market-ready startups. 

Since then, it has graduated three cohorts which include startups like iBot, CustomerXPs, Altizon, CloudCherry and Reverie Technologies.