SanchiConnect’s PreSeed Accelerator Invests in Six Start-ups, Offering Rs 75 Lakh Investment
- ByStartupStory | August 26, 2023
SanchiConnect, a community dedicated to deep-tech start-ups, investors, and corporations, has introduced its PreSeed Accelerator investment initiative. In this program, six chosen start-ups, namely EVhicle, Simactricals, Dockervision, Swappdesign, PerUse, and The Energy Company, will receive an investment of Rs 75 lakh. Additionally, they will benefit from 100 days of market access support, mentorship, and strategic guidance.
These start-ups were meticulously selected from a pool of 552 applicants from across India. Dr. Sunil Shekhawat, CEO of SanchiConnect, emphasized the significance of this step, stating, “Today, we mark a pivotal moment in our mission to champion innovations in deep and emerging tech. Our PreSeed Accelerator program, in partnership with esteemed micro venture capitalists (VCs) and industry stakeholders, is poised to empower these startups to redefine the future of green mobility.”
The initiative garnered support from prominent entities like Micro VC Partners, Ev2 Ventures, Sea Fund, and ThinKuvate. Yamaha Motors Solutions India, Desai and Diwanji Law Firm, and IDFC First Bank were vital partners in launching this accelerator program.
Commenting on the pre-seed funding aspect, Mayuresh Raut, managing partner at Seafund, expressed optimism about the chosen start-ups. He noted, “We are extremely bullish about the 6 startups that we are backing in this program. It is a great representation of Indian entrepreneurs using their domain understanding and technical skills to solve India-specific problems in mobility that are going to change the face of this industry in the coming days.”
Follow Startup Story
Related Posts
