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AIC-Pinnacle plans to incubate 40 new ‘Bharat’ startups

AIC-Pinnacle encourages and supports complex, technology-enabled, high-impact product businesses.

NITI Aayog and Pinnacle Industries backed incubator aims to invest INR 50 million in 40 new startups from tier 2 and tier 3 towns.

AIC (Atal Incubation Centre)-Pinnacle Entrepreneurship Forum, India’s top incubation and investment platform, funded by Atal Innovation Mission, NITI Aayog, Ministry of MSME, and Ministry of Electronics and IT, Govt. of India, has announced plans to incubate 40 fresh, passionate, and innovative businesses from tier-2 and tier-3 cities willing to solve the ground-level societal concerns of “Bharat”—where 70% of the Indian population resides.

Over the next three years, the incubator hopes to provide INR 50 million to entrepreneurs in the automotive, EV, agritech, IT/IoT/AI, clean energy, health tech, social innovation, and other growing fields.

“We sincerely think that the youth from tier-2 and tier-3 cities possess enormous potential, talent, and future vision.” They have a profound understanding of “Bharat’s” ground-level societal challenges and the ability to provide innovative-scalable commercial concepts and solutions that contribute significantly to the concept of nation-building. We’ve already incubated 60+ businesses and are excited to welcome 40 new prospective startups under various government-supported schemes such as Atal Incubation Mission – AIC, MeitY, TIDE 2.0, MSME Innovative, SISFS, and others to help us build a solution-driven economy. We are excited to invite the next generation of wealth creators and entrepreneurs to help improve India’s economy startup ecosystem.”

Dr. Sudhir Mehta, Founder of the AIC-Pinnacle Entrepreneurship Forum and Chairman of Pinnacle Industries & EKA, stated,

AIC-Pinnacle Entrepreneurship Forum, India’s foremost government-backed start-up incubator, grooms, guides, mentors, connects, and promotes young, promising, creative firms.

AIC-Pinnacle is a leading start-up accelerator with a highly experienced advisory board that includes 100+ veteran mentors, IP support, legal assistance, investor and market connect, focused learning and development programs, manufacturing and rapid prototype assistance, advanced product testing lab facilities, co-working space, startup community access, hiring assistance, and so on.

At the moment, AIC-Pinnacle incubated startups such as Attron Automotive, Nettoyer Automotives, Krishigati, Agrosonic Solutions, Ziffytech Digital Healthcare, Diabetico, Rut3, Arcatron Mobility, Adivid, Eldew Digital, Fountlab Solutions, U4U Sociotech, and others are bringing innovative technology-driven solutions to key societal issues such as Automotive, EV, Agritech, IT/IoT/AI, Clean

About AIC- Pinnacle Entrepreneurship Forum:

AIC-Pinnacle Entrepreneurship Forum is one of India’s top incubation and investment venues, funded by the Atal Innovation Mission, NITI Aayog, Ministry of MSME, and Ministry of Electronics and IT.

AIC-Pinnacle encourages and supports complex, technology-enabled, high-impact product businesses that generate economic wealth and contribute to socioeconomic development.

Through research, skill development, innovation, incubation, acceleration, investments, consultation, and product development, the goal is to empower entrepreneurship, the start-up ecosystem, and job creation.

With partners such as Invest India, AWS, CII, NASSCOM, MeitY, and Windrose Capital, AIC-Pinnacle aims to foster the development of a vibrant and high-impact entrepreneurial ecosystem focused on innovation in key sectors that leads to inclusive and sustainable techno-socioeconomic development in India.

This article was shared with Prittle Prattle News as a Press Release.
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