Deadline: 10 May 2025
Capital-A and SanchiConnect has launched a one-of-its-kind manufacturing and hardware tech-focused accelerator program with an investment commitment in 30 days to 5-6 selected startups & MSMEs.
Focus Areas
- Precision Manufacturing
- Advanced Materials
- Semiconductors
- Industry 4.0 & Smart Factory
- Frugal Industrial Automation
- Aerospace & Defense
- Robotics & AI
- Smart Factory Systems
- Quality & Inspection Tech
- Hardware-Software Integration
- Tech Powered Brick & Mortar Businesses
- Camera Vision & OCR
- Digital Twins
- Autonomous Systems
- Charging Systems
- Developer Tools
- Enterprise SAAS
- ESDM
- Supply Chain Tech
- Materials Technology
Benefits
- Funding
- Upfront funding of INR 3–4 Cr with term-sheet in 30 days to selected 5–6 startups
- Market Access
- 12-week acceleration program with Go-to-Market, partner connects, and pilot opportunities, along with participation in offshore global demo day inclusion
- Mentorship
- 1-on-1 sessions with industry leaders, seasoned founders, and functional experts
Eligibility Criteria
- Technology
- Startups solving for manufacturing and hardware industry with core IP in automation, IoT, robotics, or efficiency tech
- Stage
- PoC, Pre-seed, or Seed stage, working toward commercialization or making early revenues
- Registered In
- India-based startups/MSME looking to scale both in domestic and global markets
Selection Process
- Stage 1: Selection of applicants will be on the basis of the Initial application form
- Stage 2: Basis the details provided in the questionnaire, calls/demos will be scheduled
- Stage 3: They may call for more information basis their findings during calls/demos
- Stage 4: If your startup has passed the above stages, they will set up meetings with the partners at Capital A to evaluate you on your entrepreneurial and leadership skills.
- Stage 5: If all goes well, they would issue a term sheet that will have all the legal/commercial aspects covered.
- Stage 6: An external third party will conduct due diligence.
- Stage 7: If the due diligence report is clear, and all the commercials and legal have been agreed to, they shall sign the Shareholders’ Agreement. Post signing of Shareholders’ Agreement, the funding amount will be allocated.
For more information, visit SanchiConnect.
