8X Ventures, Arctic Invent, and SanchiConnect collaborate, providing tailored resources and fostering innovation, significantly boosting India’s DeepTech landscape.
India’s debut privately managed DeepTech Innovation Hub has been launched in Noida by a collaboration between DeepTech VC firm 8X Ventures, Arctic Invent, and SanchiConnect. The hub aims to support up to 10 DeepTech startups annually without equity dilution and targets $100 million within the Indian DeepTech ecosystem.
Initially operating from a strategically located campus spanning over 7,000 square feet in Noida, the hub plans to expand to a larger 100,000 square feet space over the next year. This expansion is driven by increasing interest from startups, VCs, and other ecosystem stakeholders, making it easily accessible to all.
The facility boasts state-of-the-art labs, collaborative workspaces, and critical shared resources essential for scaling DeepTech startups. It offers exclusive access to industry-leading mentors and experts, enhancing the growth prospects of participating startups.
Chirag Gupta, Managing Partner at 8X Ventures, underscored the hub’s pivotal role in nurturing current Indian DeepTech innovators, with the aim of transforming them into future global leaders. He also highlighted the need for robust support in the NCR startup ecosystem.
