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Bengaluru, India: Bosch India’s flagship startup alliance program Bosch DNA (Discover, Nuture, Align) Nxt announces the launch of its fifth cohort with 13 startups selected to join the 16 weeks program. These startups have been identified to disrupt and innovate solutions in e-mobility, automation, IoT, data analytics among others.
Bosch DNA Nxt startup alliance program provides a platform for innovative tech startups to co-create solutions or explore joint go-to-market opportunities. This year’s program focuses on nurturing emerging tech startups with the potential to disrupt and shape sustainable development. 13 startups were shortlisted from over 600 startups from across various cities including Bengaluru, Delhi, Pune among others who applied for the Bosch DNA Nxt program. “Innovation is the core of Bosch DNA and our statement ‘Invented for Life’ is a testimony of it. Bosch’s expertise in the hardware and software ecosystem combined with creativity of the startups can disrupt existing models and accelerate innovation across emerging technology domains. This is aligned with India’s vision of an Atmanirbhar Bharat and the Digital India program. Through the DNA startup ecosystem, we are strengthening our innovative power. Over 70 startups have graduated from the Bosch DNA Nxt startup alliance program and are enterprise ready with a well defined business model and robust solutions, as we launch our fifth phase of cohort today,” said Mr. Soumitra Bhattacharya, Managing Director of Bosch Limited and President of Bosch Group in India.
The cohort has a mix of diverse startups ranging from mid stage to scale-up startups, some with industry experience and a few with recent graduates from institutes like IITs, IIMs. “India is growing in importance as a worldwide innovation hub. We at Bosch in India firmly believe in co-creating with the innovation ecosystem to solve challenging problem statements with a combination of deep technology know-how and market feasible application. The last four cohorts are a testimony for the same. We are launching our fifth cohort inviting those who dare to take on most contemporary challenges in the fields of next generation mobility, sustainability, connected living, automation, AIoT. We as an engineering, technology powerhouse with a worldwide reach would impact deserving startups with timely impulse in both technology and market access.” said Mr. Dattatri Salagame, Managing Director and President, RBEI.
As part of the DNA Nxt startup alliance program, the new cohort will get access to technology mentorship from thought leaders, and experts at Bosch along with access to leverage Bosch’s technologies, platforms and networks. The startups will also tap into Bosch’s customers, and partners for creating proof of concepts or to collaborate for a joint solution development. High potential proof of concepts will also recieve funding for developing the prototype. At the end of the program, all the startups will have an opportunity to showcase their innovative solutions at a Demo Day to Bosch, potential investors,customers and various stakeholders in the startup ecosystem. “Software led innovations are going to be crucial in our transformation towards an AIoT company. A key aspect of our innovation strategy is partnering with the start-up ecosystem through the DNA Nxt program. We value an agile and flexible startup culture which can be engineered using build, learn and measure techniques. We are excited and looking forward to unlock this potential” said Mr. Vadiraj Krishnamurthy, CTO and Vice President, Technology and Innovation, RBEI.
With the launch of the cohort, the startups will step into the Nuture and Align phase of the DNA (Discover, Nurture, Align) program where they will work closely with Bosch business units on mutual interest use-cases with the main focus to either co-create the solution, or explore the opportunity to go-to-market through potential engagement models. This helps the startups to focus on agility,fulfill non-core adjacencies for Bosch business and explore strategic investments by Bosch.
The 13 startups shortlisted for the fifth cohort are Trackimo, Quarkifi, Light Information Systems, senseforth ai, Orbo.ai, Engine CAL, Connected Things, Xplorazi, Resonating Minds, Neuronics, Devnagri, Syook and SenseIO.