SanchiConnect and YourNest announces Rs 48 crore investment in 8 startups
SanchiConnect, a deeptech accelerator, in partnership with YourNest Venture Capital, on Thursday, announced an investment of Rs 48 crore for its DeepTech accelerator programme- Velocity Accelerator Program.
The seven-month-long program has received 1,280 applications from 23 states and six Union Territories. Out of these, 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 include Induz- which leverages AI tools to automate and unify large-scale enterprise data; LeanWorx which 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; and CargoFL which employs AI-powered logistics solutions to optimise supply chains and improve operational efficiency.
In addition to financial support, the program provides expert mentorship, go-to-market strategies, and access to industry leaders. The program has a four-day immersive bootcamp at IIT Kanpur’s Noida Campus. This bootcamp includes workshops on branding, leadership, and team-building, along with cultural activities and fireside chats that foster
