New Delhi, India – PwC India has unveiled its inaugural startup accelerator program, the Emerging Tech Startup Challenge. The program aims to empower startups in the emerging technology sector, helping them to refine their solutions and accelerate their market presence.
According to PwC, the accelerator is designed to cultivate innovation and support India’s dynamic startup environment. The program will provide mentorship, consulting expertise, and strategic guidance to participating companies.
The program is open to all India-based startups working in various areas, including artificial intelligence (AI), data analytics, blockchain/Web 3.0, space tech, Industry 4.0, and spatial reality. Fifteen selected startups will benefit from the three-month program. They will receive mentorship from subject matter experts and 25 hours of pro-bono consulting services covering crucial areas such as management, technology, go-to-market strategies, valuation, funding, and taxation.
The program will follow a hybrid format, with both online and in-person components. This approach ensures that geographic limitations do not affect participation, enabling a broad range of companies to access the resources and support offered.
Sanjeev Krishan, Chairperson of PwC India, stated, “By empowering emerging technology startups and providing them with the tools to succeed, we are fostering a dynamic and sustainable tech ecosystem in India.” Krishan added that the program “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.”
Arnab Basu, Partner and Leader – Advisory at PwC India, said that the platform aims to “create a growth ecosystem for our clients.” He continued, “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.”
Manpreet Singh Ahuja, Chief Digital Officer at PwC India, expressed enthusiasm for the program’s potential. Ahuja said, “At PwC India, our focus is on driving meaningful impact for our clients while supporting the broader startup ecosystem. Through the Emerging Tech Startup Challenge, we are not just fostering innovation but also enabling startups to create real, transformative value for businesses and industries.”
Rajesh Dhuddu, Partner – Emerging Technology at PwC India, emphasized the accelerator’s potential impact. Dhuddu said, “Startups are the cornerstone of innovation, and through this program, we aim to enable them to scale their solutions, tap into new opportunities, and create measurable industry impact.”
Amarjit Makhija, Partner and Startup Leader at PwC India, added, “India’s startups have incredible potential to transform industries and address complex challenges. Through the Emerging Tech Startup Challenge, we aim to provide them with the mentorship, expertise, and resources needed to unlock this potential and drive impactful change.”
Startups will have access to PwC’s network of industry experts and advisors. This access should allow them to refine their business strategies and gain insights that align with their growth objectives. (ANI)
