SanchiConnect and YourNest to Fund 8 Startups in ₹48 Crore DeepTech Initiative

SanchiConnect, a DeepTech Enablement Network in partnership with YourNest Venture Capital announces investment through India’s biggest DeepTech accelerator programme, investing INR 48 crore in eight transformative startups under its Velocity Accelerator Program. This initiative underscores Velocity’s position as India’s leading accelerator for emerging and DeepTech innovations. 

Selection Process:

The seven-month-long program received 1,280 applications from 23 states and six Union Territories. After a rigorous multi-stage evaluation process, eight exceptional 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 leverages AI tools to automate and unify large-scale enterprise data, while 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 India’s first 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.

Startup Innovations:

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 bootcamp 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.

This INR 48 crore investment marks a significant step in India’s startup ecosystem, spotlighting the role of DeepTech in driving economic growth and technological innovation. By bridging the gap between visionary startups and critical resources, the Velocity Accelerator Program aims to pave the way for Indian startups to thrive on the global stage.