Web Exclusive | December 2016
Bosch India launches start-up accelerator program
Bosch India launched its first accelerator program for start-ups called ‘discover, nurture and align- DNA.’ The 18 week program is an intense development, mentoring and piloting platform for start-ups. This platform offers start-ups the opportunity of gaining access to Bosch’s working environment. Furthermore, they will also be able to pitch to Bosch’s management - Business Unit heads as well as other external investors. “As a technology and solutions leader, Bosch India is looking to partner and collaborate with start-ups that work on disruptive solutions in mobility solutions, smart manufacturing, smart cities, Meditech, Agritech and energy. Through this accelerator program selected start-ups have an opportunity to an investor pitch, and the entire Bosch ecosystem, such as, its customers, suppliers and partners among others,” said Manohar Esarapu, head of Bosch India’s Start-Up Alliance program. Such an accelerator program is unique to India as it is the first time Bosch would be working with external start-ups, to mentor and get them investment ready. Bosch is also open to partnering with these start-ups in order to cater to new markets, apart from providing disruptive business models. Through this model Bosch intends to gain a strong foot-hold into India’s booming start-up market.