The six-month program, designed to make early-to-growth stage startups scale-ready, supplies them with an preliminary funding of Rs 25 lakh per startup and as much as Rs 3.5 crore to a couple chosen startups, and likewise mentoring and entry to company clients with whom they collaborate to unravel complicated giant scale issues of the business.
Ashutosh Mayank, Managing Accomplice, Provide Chain Labs, mentioned in an announcement, “Our purpose is to help a era of latest age entrepreneurs, make them extra self-reliant (Atmanirbhar), and increase our ‘Make in India’ initiative for attaining indigenous financial development.”
Via its program ‘Provide Chain Labs Accelerator 2020’, SCL will nurture and spend money on high-potential startups engaged in disrupting provide chain, warehousing and logistics.
Prajakt Raut, Managing Accomplice, Provide Chain Labs, mentioned in an announcement, “As firms and nations scramble to construct resilience of their operations for the publish Covid-19 world, they should pilot and undertake a number of progressive options. The options will should be fast to deploy, and extra importantly, versatile to permit corporations to regulate their processes because the market dynamics change. This represents a major alternative for startups and builders and our accelerator program is designed to assist startups shortly develop into enterprise-grade and scale-ready.”