Story perspectives
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.
