Meet The Startups That Made It To JSW MG Motor’s Accelerator

SUMMARY

The selected startups include Anuvega Powertronics, Aselector Technologies, Emerging Technologies, Gudlyf Mobility, EV Urjaa, Ravity, and Vocbot AI

Under the incubation programme, the automaker will aid the selected startups in building practical applications for their AI offerings in the electric mobility sector

Launched in 2019, the accelerator is focussed on incubating AI-led innovations and startups that have use cases in the electric mobility space

Automaker JSW MG Motor India has selected seven startups as part of the fifth cohort of its accelerator programme, MG Developer Program (MGDP).

The selected seven startups include Anuvega Powertronics, Aselector Technologies, Emerging Technologies, Gudlyf Mobility, Power Jet (EV Urjaa), Ravity, and Vocbot AI. The programme is focussed on promoting AI-led innovations in the electric mobility space.

As per the company, the seven startups were selected out of over 100 applications received for the accelerator initiative. Under the incubation programme, the automaker will offer mentorship and aid the selected startups in building practical applications for their AI offering in the electric mobility ecosystem.

The company said that it has partnered with Startup India, office of the principal scientific adviser to the Government of India and a consortium, comprising AWS, Exicom,

Lohum, and DRIIV (Delhi Research Implementation and Innovation), to enhance the accelerator programme and foster collaboration and innovation.

In a statement, JSW MG Motor India also said that it will also select other startups to allocate grants ranging from INR 5 Lakh to INR 25 Lakh.

“Our commitment to innovation and collaboration in the electric mobility sector is steadfast. The MG Developer Program and Grant serve as a catalyst, empowering startups to develop AI solutions that address the challenges and opportunities presented by this rapidly evolving mobility landscape…,” said JSW MG Motor India’s chief growth officer Gaurav Gupta.

It is pertinent to note that JSW MG Motor India is a joint venture between China-based SAIC Motor and JSW Group, which sells electric vehicles in the country under the brand name “MG Motor”.

Since its inception in 2019, the accelerator programme claims to have supported 34 startups by offering grants and mentorship. The initiative comes at a time when GenAI has gripped the imagination of both Indian consumers and businesses. Owing to this, more and more companies are looking to leverage the emerging technology to streamline their products and add value to their offerings.

MGDP also aims to piggyback on AI to build new use cases for its customers and streamline its operations. While it remains to be seen what comes out of the cohort, here is the list of the seven startups that made the cut for the MG Developer Program Season 5.0:

Anuvega Powertronics

Founded In: 2021

Founder: Balasubramaniam SK

Headquarters: Gurugram

Anuvega Powertronics focusses on innovative technologies for efficient energy conversion and management by manufacturing motor controllers for two, three and four-wheelers.

Aselector Technologies

Founder: Ashutosh Sharma

Founded In: 2017

Headquarters: New Delhi

Aselector Technologies is an AI-based knowledge management platform that claims to optimise workflow for businesses.

Emerging Technologies

Founder: Sanidhya Patel

Founded In: 2019

Headquarters: Valsad, Gujarat

Emerging Technologies offers safety and efficiency solutions for its clients in the automotive industry.

Gudlyf Mobility

Founder: Ajeet Babu Parasumanna Ph.D

Founded In: 2022

Headquarters: Madurai, Tamil Nadu

Gudlyf Mobility offers alternate and sustainable energy solutions for hydrogen storage. It also operates an AI-driven platform that claims to maximise battery efficiency, reliability, and sustainability