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The strategic partnership between the two entities will include initiatives to further the development, mentorship and commercial success of startups in the Sports, Health & Wellness Tech ecosystem.
India, June 2022: India Accelerator- India’s only GAN-partnered mentorship-driven accelerator has recently announced its partnership with Mumbai based Triarchh Ventures- a venture development firm to undertake initiatives and activities to foster the development of tech startups in sports, health and wellness ecosystem. As part of the strategic partnership, the companies aim to create an efficacious cycle of identifying, mentoring, investing and developing startups in the sports, health and wellness tech space.
India Accelerator and Triarchh Ventures have both agreed to curate and shortlist a pipeline of startups ideal for mentoring, accelerator programs and venture development assistance. As per the MoU, both companies will construct a collective process of participating in the sector to promote technology in the sports and wellness ecosystem and foster technological innovation.
Delighted with the recent partnership, Abhay Chawla,Co- Founder and COO of India Accelerator, said, “We are pleased to announce our partnership with Triarchh with a focus on helping tech startups develop products and services that have real-world applicability and impact. With our foray into the sports, health and wellness landscape, we hope to add more value to the vibrant startup ecosystem in India bolstered by government support and catalysed by new and emerging technologies”
The partnership will see both parties provide and exchange each other’s strengths, capabilities and resources in mentoring startups, scaling product and business development and facilitating fundraising. India Accelerator will provide mentoring and accelerator programmes to the shortlisted startups whereas Triarchh Ventures will assist them with venture development.
Commenting on the partnership, John Gloster, Founding Partner of Triarchh Ventures, said, “The sports, health and wellness tech market in India is still developing with many early stage startups attempting to tap the vast market potential. Our partnership with India Accelerator will allow us to deepen our commitment to assist, augment and accelerate some of these tech enabled startups in this vast ecosystem and guide them in their business model innovation journeys.”