SanchiConnect, a deeptech enablement network in partnership with YourNest Venture Capital announced an investment of ₹48 crores in eight startups under its Velocity Accelerator Program, a deeptech accelerator programme.
The seven-month-long program garnered an overwhelming response, receiving 1,280 applications from 23 states and six Union Territories, reflecting its national reach and inclusivity. After a rigorous multi-stage evaluation process, 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 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.
Beyond funding, 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. A key highlight of the program is a four-day immersive boot camp at IIT Kanpur’s Noida Campus.
This boot camp includes workshops on branding, leadership, and team-building, along with cultural activities and fireside chats that foster both professional and personal growth. The program equips startups with the necessary tools and insights to overcome challenges, scale effectively, and seize global opportunities.
Sunil Goyal, Managing Director of YourNest Venture Capital, said, “Programs like Velocity are instrumental in unlocking India’s DeepTech potential. The diversity of this cohort, backed by SanchiConnect’s technological support, exemplifies how collaboration can drive scalable, real-world solutions.”
Sunil K. Shekhawat, Founder and CEO of SanchiConnect, said, “The Velocity Accelerator Program reflects SanchiConnect’s unwavering commitment to fostering a robust DeepTech ecosystem in India. Our role extends beyond funding; we leverage our business expertise and program management capabilities to provide VCs and investors with the tools, insights, and support needed to identify and nurture potential early jewels.”
