PwC India Launches Accelerator Program to Support Emerging Tech Startups
PwC India has announced the launch of its inaugural startup accelerator program, the ‘Emerging Tech Startup Challenge.’ The initiative is designed to empower startups in the emerging technology sector, helping them refine their solutions and expand their market presence.
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The accelerator program aims to drive innovation within India’s startup ecosystem by offering mentorship, consulting expertise, and strategic direction. The program is open to all India-based startups working in the areas of artificial intelligence (AI), data analytics, blockchain/Web 3.0, space tech, Industry 4.0, and spatial reality, among other fields.
“We would be excited to see wide-ranging innovations across industries in B2B/B2C segments, such as, retail and consumer, manufacturing, financial services, infrastructure, healthcare and telecom,” PwC India stated in its announcement.
Over three months, 15 selected startups will receive mentorship from subject matter experts and 25 hours of pro-bono consulting across crucial areas, including management, technology, go-to-market strategies, valuation, funding, and taxation.
The program will be delivered in a hybrid format, combining online and in-person sessions. This approach ensures that geographic boundaries do not limit participation, enabling a diverse group of companies to benefit from the resources and support provided. Sanjeev Krishan, Chairperson of PwC India, emphasized the program’s importance:
“By empowering emerging technology startups and equipping them with the tools to thrive, we are fostering a dynamic and sustainable tech ecosystem in India.”
Krishan added that this initiative will not only contribute to economic growth and create future-ready jobs but will also deliver transformative solutions with a positive impact on society. The accelerator program will feature a customized curriculum that includes workshops, one-on-one mentoring sessions, and demo days. Furthermore, startups will gain access to PwC’s network of industry experts and advisors, allowing them to refine their business strategies and gain valuable insights to achieve their growth objectives.
