PwC India launches its first-ever startup accelerator programme to support startups

London-based PwC's India arm PwC India has launched its first-ever startup accelerator, the Emerging Tech Startup Challenge, to mentor and support 15 Indian startups working in areas such as artificial intelligence, blockchain, and space technology.

The initiative aims to help young startup refine their products, improve market penetration, and tap into PwC’s network of industry experts and resources.

Focus on emerging technologies

The program is open to startups focusing on several rapidly growing technologies, including AI, data analytics, blockchain/Web 3.0, space tech, Industry 4.0, and spatial reality.

PwC India said it is keen to see innovations in both B2B and B2C segments across a variety of industries, such as retail, manufacturing, finance, healthcare, and telecom, PTI reported. 

Tailored mentorship and consulting

Fifteen selected startups will participate in a three-month accelerator featuring a hybrid format of online and in-person activities. They will receive mentorship from PwC subject matter experts, along with 25 hours of pro-bono consulting across areas like management, technology, go-to-market strategies, valuation, funding, and taxation.

PwC India Chairperson Sanjeev Krishan said this support will equip emerging tech startups with the tools they need to thrive in India’s rapidly evolving ecosystem, adding that a stronger startup community will also spur economic growth and create future-ready jobs.

Curriculum and industry connections

Over the course of the program, the 15 startups will attend workshops, one-on-one mentoring sessions, and demo days. PwC India’s network of industry experts and advisors will be on hand to guide entrepreneurs in sharpening their business strategies and aligning their growth plans with market needs.

The goal is to create a sustainable tech ecosystem that fosters innovation and builds transformative solutions for India and the wider world.