Startup accelerator LocalHost has secured $2.5 million in funding from Invideo, Red Bull India, Orangewood Labs, and Eros International.
The new capital will be used to expand infrastructure, enhance hardware capabilities, hire teams across regions, and support more early-stage founders globally, according to cofounder Suhas Sumukh.
Bengaluru-based startup accelerator LocalHost was founded by Kei Hayashi from Tokyo, Suhas Sumukh from Bengaluru, and Hardeep Gambhir from Toronto.
In India, it runs a 50-day fellowship in Bengaluru, selecting 15 founders per cohort. The accelerator also operates in Tokyo and Cluj-Napoca, Romania, and has invested $1.2 million in 15 startups so far.
Since launching its India programme, LocalHost has built cohorts that include venture partners and other ecosystem members. Notable graduates include Maya Research (AI and research tools), Prava Payments (fintech infrastructure), Dawn Labs (product and engineering development), Whisperwave (audio and media technology), and Markov (AI and data tools).
“India has a massive STEM talent pool and is even larger than the EU and the US combined, with a lot of it coming from tier-2 and tier-3 cities,” said Sumukh, who is the COO of LocalHost. “But the problem is that investors and institutions tend to focus mainly on metro cities, and the bureaucracy can make it tough for young people to turn their ideas into something real, so localhost is a platform for builders from such cities.”
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