Kanpur: Eight indigenous startups incubated in Indian Institute of Technology Kanpur’s (IITK) business incubator, Startup Incubation and Innovation Centre (SIIC) have been shortlisted as the first group under IITK’s future tech accelerator programme.
The Indian Angel Network (IAN) and IITK partnered to launch the ‘IAN-IIT Kanpur future tech accelerator programme,’ on January 16, 2023 at IIT Kanpur’s outreach centre in Noida. The programme was launched on the occasion of national startup day 2023 with the aim of supporting indigenous startups towards deploying their tech solutions and making them market-ready.
The eight shortlisted programmes for the first batch of the programme are- Yantram Medtech, Arthavedika Tech, ProPlant, Workers Union Support, Secure Blink, Starwinglobal Era, Arishti Info Labs and Cyber Nexa.This accelerator programme is a four to six month long course that will offer one-on-one mentoring support, investor connect, business connect and perfecting pitch decks for fundraising.
Speaking about the IAN-IIT Kanpur future tech accelerator programme, IAN Fund, managing partner, Rajnish Kapur, said: “IIT Kanpur and Indian Angel Network (IAN) are excited to announce the launch of the ‘IIT Kanpur-IAN Future Tech Accelerator’ program. This program is designed to help startups understand their target market, shape their product better, improve their storytelling ability for investors, and ultimately raise money up to INR 30 crores. In our maiden cohort, the accelerator will be working with eight companies from sectors ranging from health tech to social impact. The partnership between IIT Kanpur and IAN brings together the expertise of one of India’s leading technical institutions with the experience and resources of one of the country’s most successful angel investment networks. This collaboration will provide startups with access to cutting-edge technology, industry connections, and mentorship from successful entrepreneurs and investors.”
Congratulating the startups shortlisted for the programme, AIIDE-CoE, CEO, Nikhil Agarwal, said: “I would like to give my warm congratulations to the shortlisted cohort of eight remarkable startups under the “IAN-IIT Kanpur Accelerator Program”. The structured program will grant them exposure to two of the leading ecosystems in the Indian startup landscape, i.e. Indian Angel Network and IIT Kanpur. I believe this will be an amazing opportunity for them. I carry high aspirations from these startups. Such collaborations can tremendously transform the Indian startups by helping them in their journey towards becoming successful business models.”
