SanchiConnect, a deep-tech enablement network in organization with YourNest Venture Capital, has contributed Rs 48 crore (almost $6 million) in eight transformative new companies beneath its Velocity Accelerator Program.

The program points to support groundbreaking thoughts and drive financial development in the country’s startup ecosystem, SanchiConnect said in a press release.

The seven-month-long program claims to have gotten 1,280 applications from 23 states and six union territories, and eight new businesses were chosen for their disruptive potential over different divisions such as manufacturing, logistics, agriculture, healthcare, enterprise solutions, and artificial intelligence.

The eight chosen new businesses such as Induz which leverages AI apparatuses to automate and unify large-scale enterprise data, whereas LeanWorx offers cloud-based efficiency observing frameworks for the fabricating division. Think Metal has created a compact, cost-effective 3D metal printer that conveys 10x quicker generation at half the taken a toll. Presage Experiences employments progressed AI for predictive analytics to improve decision-making over businesses. Superfone is an app-based trade phone number stage for SMBs, coordination communication with trade program. CargoFL utilizes AI-powered coordinations arrangements to optimize supply chains and move forward operational productivity. At long last, a couple of other new businesses total this exceptional cohort.

The Velocity Accelerator Program offers new companies a comprehensive development stage. In expansion to money related back, the program gives master mentorship, go-to-market methodologies, and get to industry pioneers. The program prepares new businesses with the fundamental apparatuses and experiences to overcome challenges, scale successfully, and seize global opportunities.

Founded in 2022, SanchiConnect points to engage new companies by centering on key regions such as financial specialist outreach, mentorship, and corporate organizing. Its deep-tech community stage presently highlights over 3,000 new companies, speculators, guides, and corporates, all locks in in organizing and learning through an interface.

Launched in 2011, YourNest Venture Capital is an early-stage wander capital firm, specializing in deep-tech and enterprise-oriented new businesses. The firm centers on recognizing and sustaining troublesome advances in spaces such as Artificial Intelligence (AI), Internet of Things (IoT), Mechanical technology, Expanded Reality/Virtual Reality, and cloud-based advanced arrangements.

source: entrackr.