Indian Angel Network (IAN) and IIT Kanpur have collaborated to launch the “IAN-IIT Kanpur Future Tech Accelerator Program” through the technology business incubator Startup Incubation & Innovation Center (SIIC).
The Accelerator Program was launched on January 16th last year at the Outreach Center of IIT Kanpur in Noida. Dr. Nikhil Agarwal, CEO of FIRST & AIIDE-CoE. Dr. Sanchita Chaudhary, Vice President of Business Development, SIIC. Deepak Agarwal, Consultant, SIIC; was also attended by his partner Rajnish Kapur, Managing IAN Fund and his AVP, Mr. Pritish Sehgal.
The eight startups shortlisted for the first cohort of the announced IAN-IIT Kanpur Future Tech Accelerator Program are:
Yantram Medtech, Arthavedika Tech, ProPlant, Workers Union Support, Secure Blink, Starwinglobal Era, Arishti Info Labs, Cyber Nexa.
The “IAN – IIT Kanpur Future Tech Accelerator Program” is a structured program of 4-6 months to participate and deliver to a startup cohort of 8 finalists.
One-on-one mentoring support, Investor Connect, Business Connect,
The perfect pitch deck for fundraising.
Regarding the launch of the accelerator program, Co-Professor Amitabha Bandiopadhyay (Incubation & Innovation) said in a statement: – Business revitalization. We are confident that the shortlisted cohorts will serve the purpose of this program correctly and become successful startups. This is a necessary intervention to strengthen the domestic startup ecosystem. As a partner institution, we look forward to its success and achievements. I wish you luck”.
IAN Fund* Managing Partner Rajnish Kapur said: The program is designed to help the startup understand its target market, shape its product better, improve its storytelling ability for investors and ultimately raise capital up to his Rs 30 crore. In our first cohort, Accelerator will work with his eight companies in a variety of sectors, from healthtech to social impact.
“The partnership between IIT Kanpur and IAN combines the expertise of one of India’s leading technology institutions with the experience and resources of one of the country’s most successful angel investment networks. You get cutting-edge technology, industry connections, and mentorship from successful entrepreneurs and investors.”
FIRST & AIIDE-CoE CEO Dr. Nikhil Agarwal said: A structured program puts him in touch with two of the leading ecosystems in the Indian startup landscape: the Indian Angel Network and his IIT Kanpur. We believe this will be a great opportunity for them. I have high aspirations from these startups. Such collaborations can transform Indian startups by helping them on their journey to becoming successful business models. ”
The program was launched on National Startup Day 2023 to commemorate the importance of this day in the country’s rapidly evolving startup ecosystem. The aim is to help these Indigenous startups deploy innovative technology solutions and enable them to serve their markets.
