Tata Elxsi recently announced the launch of their incubator, Incub@TE for which they’re scanning the companies to take in. In a new development, Tata Elxsi has joined hands with Get2Volume (G2V), a Singapore based incubator to incubate and grow technology companies in India and Singapore.
Get2volume, based in Singapore and with funding from the Singapore’s National Research Foundation invests in, mentors and helps grow innovative microelectronics-centric companies. Get2Volume extends its incubation program to Tata Elxsi companies that include connections, access to the ecosystem within Singapore and funding for companies that meet G2V criteria.
Incub@TE doesn’t have a batch system and companies can apply at any time but the incubator won’t be taking in more than 7-8 companies at a time. The duration for the incubation will be around 18-24 months.
Around 2 companies have been selected as of now details of which haven’t been disclosed at the moment. (Clarification – 2 companies have not been selected) Here are the benefits Tata Elxsi claims to offer:
Tata Elxsi extends its incub@TE program to Get2Volume portfolio companies that want to build their businesses in India, with infrastructure, mentorship and go-to-market support. These will be covered under separate agreements with the respective portfolio companies.
Read our detailed interview with Tata Elxsi’s VP of strategic initiatives, Rajesh Kumar and details about applying to the incubator on their website.