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Rolls-Royce selects 3 start-ups for Start-up Accelerator Programme in India

Each of the three gets an equity-free grant of £10,000 each and goes through a six-month co-innovation programme that will include mentoring and technical support from Rolls-Royce

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T E Narasimhan Chennai
R2 Data Labs, the data innovation of Rolls-Royce, has identified three start-ups for its first-ever Start-up Accelerator Programme. 

The start-ups, ClearQuote (Xenon Automotive), PiChain Innovations and Imaginate Technologies, will be given an equity-free grant of £10,000 each and put through a six-month co-innovation programme that will include mentoring and technical support from Rolls-Royce. 

A jury of Rolls-Royce and ecosystem mentors selected the three winners from 15 shortlisted finalists. 

"The India Start-up Accelerator Programme is a reinforcement of our faith in the potential of Indian start-up minds in creating innovative solutions fundamental to the digital future of the industrial technology sector,” 

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First Published: Sep 30 2019 | 7:32 PM IST

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