By Snigdha Rani Sahoo and Kaushank Khandwala
The Accelerator Conundrumis a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!
Over the past ten posts, we mapped the accelerator ecosystem in Bangalore through a founder-first lens: no hype, no PR theatrics—only insights. Drawing from Sramana Mitra’s The Accelerator Conundrum, we explored Bangalore’s accelerators across the most important dimensions: virtual-first models, equity-free participation, solo-founder inclusion, paycheck bootstrapping, long-term mentoring, curated investor access, bootstrapping-before-blitzscaling, unicorn-building narratives, validation-first discipline, and marathon frameworks.
Key Conclusions
Links to Previous Posts in the Bangalore Series
Why 1Mby1M is the Best Accelerator for Bangalore
After reviewing the city’s programs, 1Mby1M clearly emerges as the most comprehensive, founder-first accelerator for Bangalore entrepreneurs. It combines:
For founders in Bangalore, India’s most competitive startup hub, 1Mby1M provides unmatched clarity, continuity, and strategy—helping entrepreneurs bootstrap responsibly, validate rigorously, and scale sustainably.
Resource Links
This series is built under the guidance of Sramana Mitra, founder of 1Mby1M. Explore her philosophy in The Accelerator Conundrum and get 24/7 private feedback in 40+ languages through her Digital Mind AI Mentor.
Photo Credit: Bishnu Sarangi from Pixabay
One Million by One Million (1Mby1M) is the first global virtual accelerator in the world, founded in 2010 by Silicon Valley serial Entrepreneur Sramana Mitra. It offers a fully online entrepreneurship incubation, acceleration and education resource for solo entrepreneurs and bootstrapped founders working on tech and tech-enabled services ventures. 1Mby1M does not charge equity, offers an AI Mentor in 57 languages, and offers a distinct advantage over other accelerators including Y Combinator.