Sanchiconnect, a community for Deep Tech entrepreneurial firms, investors, and corporates announced a partnership with iCreate to support electric vehicles and mobility-focused programs for startups. iCreate partnered with Sanchiconnect for the ‘Evangelise22’- Electric Vehicle Innovation Challenge where 18 early-stage startups holding intellectual property in the mobility sector will showcase their solution to investors and business partners.
iCreate is an incubator fostering entrepreneurial firms based on tech innovation into successful businesses. Started in 2012, iCreate is supported by the Government of Gujarat as well as the Government of India to facilitate ‘Next Generation Entrepreneurship’.
Avinash Punekar, CEO iCreate said in a statement, “We are glad to share that Sanchiconnect has signed a Memorandum of Understanding (MoU) with iCreate for Evangelize ’22- Electric Vehicle Innovation Challenge. Deep-tech startups comprised almost 40% in the last few cohorts and we are delighted to partner with Sanchiconnect to bring this investment platform to our program and startups which will further strengthen our efforts.”
EVangelise ’22 is the second edition of iCreate’s Electric Vehicle Innovation Challenge. This year, in its second edition, EVangelise has been positioned as a ‘Made for Industry‘ challenge that has been built around the industry’s real problem statements. There are two Innovation Categories: Tech Development and Manufacturing Partnership. This challenge is focusing on three innovation themes: Vehicle Traction, Vehicle Energy Storage, and Vehicle Infrastructure.
Sunil Shekhawat, CEO of Sanchiconnect said in a statement, “Sustainability today is the key ask from both corporates and venture capital firms globally. EV and mobility startups are the major contributors to sustainability-related goals for any country. This partnership will empower iCreate supported ventures to tap the right opportunity on the investment and business front.”
Also Read:
The new safety standards include 16 additional technical requirements for electric power train vehicle traction batteries, such as BMS-enabled RFID and stringent cell testing requirements. The new norms rolled out by the Ministry of Road Transport and Highways amend the AIS156 norms, testing and certification standards for electric vehicle batteries.