SanchiConnect teams with YourNest to infuse
48 crores in 8 Inventive Startups
Under its Velocity Accelerator Program, SanchiConnect, a deep-tech enablement network in collaboration with YourNest Venture Capital, has invested
48 crore, or approximately $6 million, in eight disruptive startups.
According to a press release from SanchiConnect, the program's objectives are to foster ground-breaking concepts and promote economic growth in the nation's startup ecosystem.
Eight startups were chosen for the seven-month program based on their disruptive potential in a variety of industries, including manufacturing, logistics, agriculture, healthcare, enterprise solutions, and artificial intelligence. The program claims to have received 1,280 applications from 23 states and six union territories.
Among the eight chosen startups are Induz, which uses AI technologies to automate and integrate massive enterprise data, and LeanWorx, which provides cloud-based productivity monitoring solutions for the manufacturing industry. Think Metal has created a portable, reasonably priced 3D metal printer that produces parts 10 times faster and for half the price.
Presage Insights enhances decision-making across industries with predictive analytics using cutting-edge AI. Superfone is an app-based platform for SMBs that combines business software and phone numbers. To enhance supply chains and boost operational effectiveness, CargoFL uses AI-powered logistics solutions. Lastly, a few more startups round out this outstanding group.
Startups can access a comprehensive growth platform through the Velocity Accelerator Program. The program offers access to industry leaders, go-to-market strategies, and expert mentoring in addition to financial support. The program gives entrepreneurs the skills and knowledge they need to overcome obstacles, grow profitably, and take advantage of worldwide opportunities.
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