1. Guidance from Mentors: Startups receive guidance from mentors associated with domestic and international startup ecosystems, as well as domain experts from Maruti Suzuki.
2. Paid Proof of Concept: Qualified startups have the opportunity to conduct a Paid Proof of Concept with Maruti Suzuki.
3. Educational Visits to Japan: Participants can engage in educational visits to Japan, fostering global market connections.
4. Funding: Startups may secure funding through the Maruti Suzuki Innovation Fund.
Since its inception, the program has screened over 2,000 startups across 8 cohorts, engaging with 56 startups. Notably, 18 of these startups have become business partners, generating a combined business of over INR 1 billion. Starting with Cohort 9, the program has been rebranded as the Maruti Suzuki Accelerator, emphasizing its commitment to innovation and growth. Interested startups can apply [here].
In the previous cohorts of the Maruti Suzuki Accelerator program, several startups have made significant strides. Here are some notable success stories:
- Woloo: Woloo emerged as one of the winners in the program. Their innovative solutions likely address specific challenges within Maruti Suzuki's business verticals.
- Hala Mobility: Hala Mobility, another winning startup, showcased promising technology relevant to the automobile manufacturing and mobility space.
- SwitchON: SwitchON, the third winner, impressed with their solutions. Their contributions may enhance customer convenience or improve business processes for Maruti Suzuki.
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