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MaXcel Launches: Fast-Track Funding for Indian Tech Startups

4/15/2025

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Story summary
  • Capital-A and SanchiConnect introduced MaXcel, an accelerator for early-stage industrial tech startups in India.
  • The program provides fast-track funding of INR 3–4 crore and term sheets within 30 days.
  • Eligible startups include those in precision manufacturing, IoT, and robotics, focusing on MVPs or early revenue.
  • The 24-week program features mentoring, corporate connections, and a global demo day.
  • Applications are open until May 10, 2025, with a roadshow to promote awareness.