PwC India launched the Emerging Tech Startup Challenge, its first startup accelerator program, to help entrepreneurs in the emerging technology space improve their products and attract a wider audience. By providing mentorship, consulting skills, and strategic direction, it aims to promote creativity and fortify India’s startup scene.
Startups in India operating in industries including artificial intelligence, data analytics, blockchain/Web 3.0, space technology, Industry 4.0, spatial reality, and more are eligible to apply for the program. It embraces a wide range of innovations from B2B and B2C markets, including those in manufacturing, retail and consumer goods, financial services, infrastructure, healthcare, and telecommunications.
“By empowering emerging technology startups and equipping them with the tools to thrive, we are fostering a dynamic and sustainable tech ecosystem in India. This will not only drive economic growth and create future-ready jobs but also deliver transformative solutions that positively impact society. I’m excited to see the growth and innovation emerging from the startups joining the accelerator,” said Sanjeev Krishan, Chairperson, PwC India.
The 15 chosen firms will get 25 hours of pro bono consultation over the course of three months, along with mentorship from subject matter experts in important areas including management, technology, go-to-market strategies, valuation, fundraising, and taxation. To guarantee accessibility and diversity, the program will use a hybrid approach that combines online and in-person sessions. This will enable companies from different regions to take full use of the tools and assistance that are available.
“Through this platform we want to create a growth ecosystem for our clients. We can’t wait to see how the disruptors and innovators can address the most pressing challenges related to the growth of our largest clients,” added Arnab Basu, Partner and Leader – Advisory, PwC India.
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