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Launch · Professional & Local Services

Propel Incubator and Ideabaaz launch women in tech accelerator

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Date
Company
Propel Incubator
What it does
Startup incubator for women-led tech ventures
Kind
Launch
Amount
₹41 crore
Sector
Professional & Local Services

What they do

Propel Incubator and Ideabaaz launch a 12-week accelerator for women-led tech startups

What happened

The program offers mentorship, industry access, and investor-readiness support to five startups

Why it matters

Selected startups will showcase on national TV through Ideabaaz Season 2

The details

  • Propel Incubator at BML Munjal University and Ideabaaz have launched a Women in Tech Accelerator Program.
  • The program runs for 12 weeks.
  • Its goal is to help women-led tech startups scale through mentorship, industry access, and investor-readiness support.
  • The inaugural cohort will include 5 women-led startups.
  • Selected startups will showcase on a national stage through Ideabaaz Season 2 before investors, industry leaders, and a TV audience.
  • The partnership combines incubation expertise, investor access, and entrepreneurial visibility for women-led ventures in India.

The bigger picture

  • The program addresses challenges like limited access to capital, industry networks, mentorship, and growth opportunities for women entrepreneurs.
  • It builds on Ideabaaz Season 1, which supported 86 startups and facilitated deals worth ₹41 crore, including a single investment commitment of ₹8.5 crore.
  • Over the past 5 years, Propel Incubator has supported 110+ startups and helped raise over ₹110 crore in external funding.

About the business

  • Propel Incubator supports startups in sectors including climate tech, healthcare/MedTech, AI, DeepTech, sustainability, automation/robotics, EdTech, and social innovation.
  • The program provides mentorship, industry access, investor-readiness support, and national visibility.
  • Propel Incubator has supported 110+ startups and helped raise over ₹110 crore in external funding over the past 5 years.

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