AIC T-Hub mobility accelerator Charge's next cohort features 21 startups
The cohort will undergo a 12-week programme at tech startup incubator T-Hub with access to mentors, corporate connections and government partnerships to help them deploy and scale their solutions. The cohort is designed to support startups building solutions for electric mobility, shared transport, fleet management and related technologies, T-Hub said in a release on Monday.
'India's mobility sector is entering a crucial phase of growth, with EVs and shared transport leading the way for the next decade. At T-Hub, we are focused on helping founders turn bold ideas into successful businesses. Charge is a step in that direction,' CEO Kavikrut said.
With India's EV market projected to grow at a CAGR of 28.52%, from $5.22 billion in 2024 to $18.31 billion by 2029, the need of the hour is scalable innovations in batteries, charging infrastructure and shared mobility to support the rapid expansion. The latest cohort is designed to support startups working in these areas to scale faster and address the sector's evolving demands. Previous cohorts have helped startups raise ₹17.16 crore and file 63 IPs in sustainable transport, T-Hub said.
The accelerator is supported by Atal Innovation Mission and industry partners. 'Our earlier mobility cohorts demonstrated the value of deep engagement between startups, corporates and government partners in building sustainable transport solutions,' AIC T-Hub CEO Rajesh Kumar Adla said.
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