India Accelerator (IA), a leading multi-stage fund-led accelerator has entered into a strategic alliance with Trade Promotion Council for Geospatial and Space Industry (TPCGSI) to participate in its ongoing flagship event ‘Drone Shaurya’, on 19th and 20th Sept. 2024 at Ajeenkya DY Patil University, Pune.
As part of the partnership, TPCGSI and India Accelerator intend to work together for opportunities in the Robotics, Unmanned Systems and Space Technology and its applications. The entities will open avenues for entrepreneurship and business development opportunities including funding, market and Policy research and advocacy, Training and Capacity building and innovation, augmenting each other’s organizational capabilities.
With this association, India Accelerator also aims to strengthen its presence in the city to boost the startup ecosystem in Pune.
Additionally, it aims to strengthen IA’s Robotics, Unmanned and Space Startups (RUMS) arm to provide strategic support and drive growth for potential startups in the industry.
As part of its participation, IA has taken one of its portfolio companies – Indrajaal, an autonomous wide-area anti-drone/counter-unmanned aircraft solutions startup which is also the Anti-drone cover to the Drone Shaurya event.
In addition, IA has been awarded with the ‘UAV Industry Facilitator’ award which recognizes and honour individuals, organizations, or institutions that have significantly contributed to the advancement and growth of the Unmanned Aerial Vehicle (UAV) industry.
Delighted with the collaboration, Ashish Bhatia – Founder & CEO, India Accelerator said, “India Accelerator’s role as a “UAV Industry Facilitator” is multifaceted. We provide startups with strategic guidance, seed & growth-stage funding, and facilitate market access within defence and beyond. By nurturing these startups, we are contributing to the growth of the Indian UAV ecosystem and strengthening the nation’s defence capabilities. Our dedication to supporting startups that are making significant contributions to the UAV industry makes us a worthy candidate for this award.”
India Accelerator is a leading multi-stage fund-led accelerator dedicated to fostering innovation in the unmanned systems sector. With a strong focus on technologies for border protection, it has invested in startups like Zulu, Indrajaal, and others that are developing cutting-edge solutions for the Indian Army.
Under its dedicated vertical- “RUMS” which is led by Lt. Gen. Anil Chait, Chief Advisor of RUMS and Arindam Mukhopadhyay, Partner; IA is committed to supporting startups developing revolutionary technologies for national security. It is evident through its deep engagement with the industry and its active participation in initiatives like the upcoming Drone Expo.
