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Indian Angel Network (IAN) and Napino Auto & Electronics Limited, a leading manufacturer of electrical and electronic components for the automotive industry have collaborated to launch an incubation program, CircuitBridge.
CircuitBridge is aimed at encouraging entrepreneurs to create innovative and disruptive solutions in connected transport (two and four wheelers), Internet of Things (IoT), home automation, wearables, auto electronics and virtual reality (hardware).
Vipin Raheja, Chairman and Managing Director, Napino Auto & Electronics Limited commented, “Napino has been a proud contributor to the progress of the Indian auto industry. Now, we would like to share our experience and offer support and guidance to the young talent in India to help them build the next level of technologies. This collaboration with the IAN incubator gives us a great platform to mentor entrepreneurs and be part of their success through this incubation program.”
The IAN Incubator provides entrepreneurs with industry leaders/investors/domain experts as mentors to support them in business planning, one to one mentoring, assistance in recruiting their top team, commercialising their technologies, getting early engagement and customer validations from the market, transfer of technologies, assistance getting early seed funding, help in forging partnerships at the national and global level, advice on intellectual property, training and development and many other things.
The CurcuitBridge program will also provide grants for selected incubatees, assistance for designing product/service and industry connects.
Interested startups, can send in their applications to circuitbridge@indianangelnetwork.com.
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