🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

SanchiConnect announces preseed accelerator program “Ecosphere” for Startups Working in ClimateTech Domain

Startup News FYIStartup News FYI · 1y ago
SanchiConnect announces preseed accelerator program “Ecosphere” for Startups Working in ClimateTech Domain
Medial

SanchiConnect has announced the launch of its second PreSeed Accelerator program called "Ecosphere" for startups focused on Climate Tech and Sustainability. The program will provide funding ranging from INR 80 lakhs to INR 1.2 crore for selected startups. The application process is open until October 8, 2023. Ecosphere aims to support startups working on various sectors within Climate Tech, such as energy, water conservation, waste management, and more. The initiative also offers mentorship, market access, and visibility opportunities. Notable institutional investors associated with Ecosphere include Thinkuvate, Transition Venture Fund, Indian Angels Network, and Climate9ers.

Related News

Docker Vision raises funding through the SanchiConnect Preseed Accelerator Program

IndianStartupNewsIndianStartupNews · 1y ago
Docker Vision raises funding through the SanchiConnect Preseed Accelerator Program
Medial

AI-based port automation startup Docker Vision has secured funding in a pre-seed round from Thinkuvate and SeaFund through SanchiConnect's PreSeed Accelerator program. The undisclosed amount will be used to expand the brand, conduct Proof of Concepts (POCs), and consolidate business operations. Docker Vision's flagship AI product, the Gate OCR (dOCR), uses AI technology to minimize waiting times and reduce carbon emissions in the cargo handling process. The funding will support the company's vision of revolutionizing the maritime industry with automation solutions. SanchiConnect has provided crucial support to Docker Vision through its Accelerator Program, offering mentorship and industry connections.

MathWorks is an ally in accessibility, enabling healthcare startups to build solutions for rural India

YourStoryYourStory · 9m ago
MathWorks is an ally in accessibility, enabling healthcare startups to build solutions for rural India
Medial

In India, technological advancements in healthcare have predominantly been limited to urban areas, leaving rural regions with limited access to quality healthcare. However, healthtech startups leveraging technologies like telemedicine and AI are working to bridge this gap. The MathWorks Accelerator Program supports healthcare startups by providing free access to industry-proven software, technical expertise, and guidance from domain experts. Through this program, startups can develop innovative medical devices and solutions that cater to the needs of rural healthcare in India. Startups like iMedrix and PlebC Innovations have already made significant contributions in preventative cardiac care and accessible ultrasound procedures.

SanchiConnect and YourNest invest in 8 startups under VAP

EntrackrEntrackr · 7m ago
SanchiConnect and YourNest invest in 8 startups under VAP
Medial

SanchiConnect, a deep-tech enablement network in partnership with YourNest Venture Capital, has invested Rs 48 crore (about $6 million) in eight transformative startups under its Velocity Accelerator Program. The program aims to nurture groundbreaking ideas and drive economic growth in the country’s startup ecosystem, SanchiConnect said in a press release. The seven-month-long program claims to have received 1,280 applications from 23 states and six union territories and eight startups were selected for their disruptive potential across various sectors such as manufacturing, logistics, agriculture, healthcare, enterprise solutions, and artificial intelligence. The eight selected startups such as Induz which leverages AI tools to automate and unify large-scale enterprise data, while LeanWorx offers cloud-based productivity monitoring systems for the manufacturing sector. Think Metal has developed a compact, cost-effective 3D metal printer that delivers 10x faster production at half the cost. Presage Insights uses advanced AI for predictive analytics to improve decision-making across industries. Superfone is an app-based business phone number platform for SMBs, integrating telephony with business software. CargoFL employs AI-powered logistics solutions to optimize supply chains and improve operational efficiency. Finally, a couple of other startups complete this exceptional cohort. The Velocity Accelerator Program offers startups a comprehensive growth platform. In addition to financial support, the program provides expert mentorship, go-to-market strategies, and access to industry leaders. The program equips startups with the necessary tools and insights to overcome challenges, scale effectively, and seize global opportunities. Founded in 2022, SanchiConnect aims to empower startups by focusing on key areas such as investor outreach, mentorship, and corporate networking. Its deep-tech community platform now features over 3,000 startups, investors, mentors, and corporates, all engaging in networking and learning through an interface. Launched in 2011, YourNest Venture Capital is an early-stage venture capital firm, specializing in deep-tech and enterprise-oriented startups. The firm focuses on identifying and nurturing disruptive technologies in domains such as Artificial Intelligence (AI), Internet of Things (IoT), Robotics, Augmented Reality/Virtual Reality, and cloud-based digital solutions.

Startup news and updates: Daily roundup (October 1, 2024)

YourStoryYourStory · 9m ago
Startup news and updates: Daily roundup (October 1, 2024)
Medial

- Deeptech accelerator SanchiConnect raises undisclosed amount of funding from Baring Private Equity Partners-India, Seafund, and 8X Ventures. - IG Drones secures $1M funding led by India Accelerator and Angel Investors for research and development of drone solutions tailored for defence applications. - FNP (Ferns N Petals) appoints Gaurav Sharma as its new Chief Technology Officer (CTO) to drive innovation and improve digital experiences. - SanchiConnect expands its software offerings to Indian startups with the recently raised capital. - IG Drones plans to raise an additional $3M over the next six months to expand its operations in India and globally. - Gaurav Sharma, the newly appointed CTO of FNP, has over two decades of distinguished experience in the technology sector.

Maruti Suzuki announces winners of 9th Accelerator Cohort

EntrackrEntrackr · 28d ago
Maruti Suzuki announces winners of 9th Accelerator Cohort
Medial

Maruti Suzuki India Limited has announced the winners of the 9th cohort of its Accelerator program. The selected startups include six from India: Frinks AI, mistEO, Adagrad, Com Olho, ProSolvr, and Eligere, as well as three from Germany: Caire AI, Syn2Core, and Talonic under a newly launched Global Startups category. All nine winners will engage in proof-of-concept (PoC) projects with Maruti Suzuki, testing and validating their solutions in real-world conditions alongside internal teams. This marks the first cohort to feature global participation, with 19 Indian and 7 German startups shortlisted to present at the finale. The selected startups showcased AI-driven solutions across cybersecurity, road safety, EV charging, battery swapping, and quality control, aimed at enhancing operational efficiency and customer experience. These align with Maruti Suzuki’s broader efforts to scale its operations and integrate advanced technologies. Maruti Suzuki’s startup initiatives include the Accelerator (launched in 2019), Incubation Program (2020), and Mobility Challenge (2021). Over six years, the company has screened over 5,000 startups, engaged with 150, and onboarded 25 as partners.

Massive Earth Foundation announces fourth edition of climate tech accelerator LowCarbon.Earth

EntrackrEntrackr · 1y ago
Massive Earth Foundation announces fourth edition of climate tech accelerator LowCarbon.Earth
Medial

The Massive Earth Foundation (MEF), in collaboration with the United Nations Environment Programme (UNEP), has launched the fourth edition of the Low Carbon Earth Accelerator (LCE) program, LowCarbon.Earth 2024. LCE empowers climate tech startups in the Asia-Pacific region to tackle the shared challenges of climate change, nature loss, and pollution. For the 2024 program, LCE seeks applications from startups that are working in clean air, agri-food, sustainable mobility, digital innovation, renewable energy, and plastic pollution. Women-led startups and startups that are women-focused and that benefit underserved communities are strongly encouraged to apply. Led by Shailesh Vickram Singh, LCE equips startups with the tools and connections needed to scale their innovative solutions. It offers online training workshops, virtual bootcamps, mentorship sessions, networking events, and seminars. Additionally, finalists get an opportunity to pitch to potential investors and receive one-on-one mentorship from industry leaders in a demonstration-day finale. The 2023 edition of LCE saw the participation of 67 startups, 14 of which made it to the finale. The finalists included seven women founders. The Massive Earth Foundation (MEF) is a non-profit organization building a climate tech ecosystem by uniting investors, VCs, founders, startups, policy makers, and institutions into a vibrant synergy.

Download the medial app to read full posts, comements and news.