By Shubhangi Chauhan
PwC India has established the Emerging Tech Startup Challenge, as it’s inaugural startup accelerator initiative that provides business guidance to 15 Indian startups applying blockchain/Web 3.0 technology alongside AI and space technology and Industry 4.0 standards as well as spatial reality applications and data analytics. Through this initiative India’s startup ecosystem will expand thanks to expert mentorship and consulting services and strategic guidance that drives innovation.
During a three-month timeframe PwC specialists guide a total of 15 selected startups in different key areas such as management through 25 hours of completely free consulting within areas including technology, go-to-market strategies, valuation, funding and taxation. The program structure adopts a blended delivery method of virtual and face-to-face interaction to provide operations for startups existing in all regions across India.
The B2B and B2C startup segment can submit their applications to PwC India for consideration in any of the retail, manufacturing, finance, infrastructure, healthcare or telecom industries. Startups can benefit from the initiative through its feature which helps them develop their products while expanding market presence while accessing PwC’s professional networks.
The provision of tools combined with empowerment for emerging technology startups will build a permanent innovation landscape for India. Through these initiatives we will experience economic development and produce future-proof job opportunities alongside revolutionary solutions according to Sanjeev Krishan Chairperson of PwC India.
Startups attending PwC India’s accelerator program benefit from workshops and one-on-one mentoring sessions and demo days as they use PwC’s advisors to enhance their business strategies. The program delivers specific mentoring that connects startup growth strategies to customer market requirements.
Arnab Basu from PwC India as the Partner and Leader – Advisory declared that the organization looks to build growth environments through client support for disruptors and innovators tackling important industry problems.
Strategic collaboration through PwC India’s Emerging Tech Startup Challenge creates a robust setting for India to develop future technology leaders.