A panel of mentors, industry experts and investors will train them on product development, marketing, partnerships and management.
Social media firm Facebook and Hyderabad-based startup incubator T-Hub have selected 10 startups for the second edition of ‘India Innovation Accelerator’ programme.
The final cohort of 10 AI startups was selected from over 140 applications received from different parts of the country.
This edition of the accelerator programme will support startups that are focused on building products and services for solving complex social problems, using AI in the domains of health and wellbeing, agriculture, clean water and sanitation, decent work and economic opportunities, industry, innovation and infrastructure, climate change, and peace and justice.
These startups will receive support to scale their efforts and improve their products and services, to better tackle fundamental challenges facing the region, as well as scale internationally.
A panel of mentors, industry experts and investors will train them on product development, marketing, partnerships and management.
Facebook’s FBStart will also be available to provide technical support. The startups will also have access to T-Hub’s ecosystem and PwC India’s industry experts.
Empowering Startups to Build with AI for Social Good
The shortlisted startups include: ftcash (fintech), StaTwig (blockchain technology for vaccination), Signzy, Blue Sky Analytics (geospatial data intelligence), Pensieve (democratisation of legal data), Greenturn Idea Factory, Sensegrass (Smart Soil Sensing sensors for pesticide and fertilisers detection using AI prediction software), Marut Drones (AI powered computer vision to identify the mosquito infestation and hyacinth growth in urban ponds), Shortlist Professionals and Innerhour.
Through various interventions, Facebook and T-Hub will help these startups refine their methodology and playbook, accelerating their growth.
“We believe Artificial Intelligence will be key to finding disruptive solutions to address societal challenges like access, affordability and skill shortage,” Manish Chopra, Head and Director of Partnerships, Facebook India, said in a statement.
“We are excited to champion next generation of tech startups applying AI for social good and accelerate their development by giving them access to expertise,” he added.
