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 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 the 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 catalyzed 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 programs 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.”
About India Accelerator – Founded in 2017, India Accelerator is India’s one and only GAN-partnered accelerator program that helps seed-stage startups grow from the ground up. Recognized as the Best Accelerator of India by Startup India, the company has witnessed an explosive growth of 25X in the four years since its inception.
About Triarchh Ventures – Mumbai-based Limited Liability Partnership (LLP) involved in venture building, venture advisory, fundraising, business development, and management consulting in the sports, wellness, and health tech space. It assists startups with product and leadership development, augments their strategic partnerships and market growth, and accelerates them in scaling up and raising capital from a preferred set of well-entrenched investors. It is working with many India-based and international start-ups.
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