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VC firm Accel picks eight startups focused on AI, industry solutions under accelerator programme
Economic Times
·
1y ago
Medial
Venture capital firm Accel has chosen eight startups for its 'Atoms 3.0' accelerator program, focusing on AI and Industry 5.0. The program offers funding, mentoring, and access to a network of founders and investors. The startups include Tune AI, Skoob, Meritic, Arivihan in AI, and Spintly and Asets in Industry 5.0. The six-month program aims to address critical areas such as hiring, customer acquisition, and investor pitching. Accel believes that the pace of innovation in AI and Industry 5.0 requires specialized mentorship and support.
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How Accel’s Accelerator Programme Aims To Empower Industry 5.0 Startups In India & SEA
Inc42
·
1y ago
Medial
Venture capital firm Accel is inviting applications for its accelerator programme, Accel Atoms, to support early-stage startups building solutions for Industry 5.0 in India and Southeast Asia. The six-month programme will offer mentorship, a tailored curriculum, and access to a curated community of founders, industry specialists, and tech experts. Startups will have the opportunity to pitch for up to $500K in funding from Accel upon completion of the programme. The focus areas include workforce effectiveness, digitizing and automating factories, and manufacturing efficiency through asset monitoring and intelligent maintenance solutions.
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Meet The Startups From Accel’s Atoms Third Cohort
Inc42
·
1y ago
Medial
Accel India has announced the eight startups selected for its Atoms 3.0 pre-seed accelerator programme. This sector-focused cohort is specifically focused on AI and Industry 5.0 domains. Some of the selected startups include Spintly, which simplifies access control using an IoT platform, and Tune AI, a GenAI stack for enterprises. The programme provides funding up to $500k, personalised mentorship, access to Accel's network, and perks worth over $5m. Accel has been operational in India since 2008 and has backed various successful startups such as Flipkart and Swiggy.
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VC firm Accel nurtures 8 early stage Indian startups
Livemint
·
1y ago
Medial
Leading venture capital firm Accel has selected eight early-stage Indian startups for the third cohort of its accelerator program, Atoms. The program focuses on backing pre-seed ventures in the Artificial Intelligence (AI) and Industry 5.0 domains. The cohort will receive up to $500,000 in funding, along with benefits worth over $5 million from Accel's network partners. The startups will also gain access to mentorship and collaboration opportunities within a strong peer community. The selected cohort includes four AI startups, two Industry 5.0 startups, and two stealth mode startups.
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Meet The 20 Startups Selected For Google’s AI First Accelerator
Inc42
·
1y ago
Medial
Announced in April, the 'Google for Startups Accelerator: AI First' programme received 1,030 applications from seed to Series A startups. The programme is focused on AI-first startups in various sectors such as gaming, manufacturing, healthcare, education, data analytics, and cybersecurity. Selected startups for the accelerator programme include Figr, Kommunicate, Kroop AI, and upliance.ai.
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GVFL partners with Brinc to launch multi-stage startup accelerator
Inc42
·
1y ago
Medial
Ahmedabad-based venture capital firm GVFL has collaborated with global venture accelerator Brinc to launch the A4X accelerator programme. The programme aims to support early-stage startups operating in consumer, industry and enterprise, emerging tech, and sustainability sectors. Selected startups will receive an initial infusion ranging from INR 1.5 Cr to INR 2 Cr, along with access to resources, mentorship, investor connections, and industry networking opportunities. Brinc, based in Hong Kong, operates 18 accelerator programs across seven countries and focuses on startups working on emerging technologies within a sustainability mandate.
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Accel earnestly rethinks early-stage startup investing in India
TechCrunch
·
1y ago
Medial
Venture firm Accel is focusing on making early-stage investments in India through its accelerator program called Atoms. The program supports eight startups in the AI and Industry 5.0 sectors. Accel invests up to $500,000 in the startups' pre-seed round and provides strategic guidance as well as access to potential partners and customers. The selected startups include Spintly, which simplifies access control using IoT; Asets, a cloud-based engineering design platform; Tune AI, offering a GenAI stack for enterprises; and Skoob, an AI platform improving knowledge consumption.
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Flipkart Ventures to fund, mentor GenAI-based early stage startups
Economic Times
·
1y ago
Medial
Flipkart Ventures, the investment arm of Flipkart, has launched its accelerator programme called Flipkart Leap Ahead (FLA). Startups selected for the programme will receive equity investments ranging from $200,000 to $500,000. The FLA programme aims to support and accelerate the growth of early-stage startups. Applications for the programme are open from April 22 to May 26. Selected companies leveraging GenAI in their core solutions will receive equity investments and two months of mentorship from industry experts.
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Accel Rolls Out Fourth Cohort Of Its Pre-Seed Programme With Focus On AI, Fintech & Ecommerce
Inc42
·
10m ago
Medial
Accel has announced Accel Atoms 4.0, a 4-month long startup mentorship and investment programme. It will focus on sectors such as artificial intelligence, ecommerce, financial services, healthcare, and edtech, as well as Bharat-focused startups. Selected startups will receive investments up to $1 Mn from Accel, along with additional perks worth $5 Mn. Applications for the programme are open from September 16 to November 17.
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Games24x7 launches accelerator programme TechXpedite to promote early-stage startups
YourStory
·
10m ago
Medial
- Real money gaming firm Games24x7 has launched TechXpedite, an accelerator programme focused on AI, gaming, and assistive technology. - The programme will run for five months and aims to empower early-stage startups in these sectors. - Games24x7 plans to select and announce a cohort of 10-15 startups in November 2024, followed by a structured mentorship programme in December and January. - The accelerator will provide startups with mentorship, masterclasses, networking opportunities, and potential investments. - Last year, Games24x7 selected 15 startups across four focus areas and seven of them pitched to investors like Prime Venture Partners and Sony Innovation Fund. - TechXpedite will have city-based chapters across India to provide localized access to mentorship and networking opportunities.
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Flipkart selects five startups for third cohort of Flipkart Leap Innovation Network
YourStory
·
9m ago
Medial
Flipkart Leap Innovation Network (FLIN), Flipkart's startup accelerator programme, has selected five startups for its third cohort. The chosen startups, including Intelligence Node, Invenzo Labs, StoryBrain, Phyllo, and D-ID, will collaborate with Flipkart to develop solutions in areas such as GenAI, omnichannel, analytics, and video commerce. These startups will have access to mentorship and resources, as well as the opportunity to run pilot programs within the Flipkart ecosystem. The FLIN programme aims to accelerate the growth of the Indian startup ecosystem and foster innovation in the retail industry.
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