Partnership · Professional & Local Services

Manufacturing-tech workshop awards pilot deals to 5 startups

By Startup Enthusiast · 30 June 2026

Date: 30 June 2026
Company: SIG Tattva
What it does: Corporate venture capital arm
Kind: Partnership
Amount: Rs 75 lakh
Sector: Professional & Local Services

What they do

SIG Tattva is the CVC arm of Somany Impresa Group, backing deep-tech manufacturing startups

What happened

It co-organised 'Floor to Future', a two-day workshop where 8 startups toured AGI Greenpac's factory and co-created solutions. 5 startups won PoC pilot…

The details

SIG Tattva, AGI Greenpac Limited, and Pontaq Ventures organised India's first Manufacturing-Tech Founder Workshop called 'Floor to Future' on June 24-25, 2026.
The workshop was a two-day immersive programme held on a factory floor.
Founders toured AGI Greenpac's facility, observed operations, identified bottlenecks, co-created solutions, and presented to leadership.
8 deep-tech startups were selected from over 20 applicants, all from Pontaq Ventures' portfolio of ~180 startups.
5 startups received Proof of Concept (PoC) pilot engagements with a total value of Rs 75 lakh.
The pilot technologies included autonomous mobile robots, predictive maintenance, logistics, computer vision, and industrial emission control.
AGI Greenpac and SIG Tattva intend to turn the programme into a permanent open innovation platform and partner with more VC firms in later editions.

The bigger picture

Startups typically take 8-18 months to secure pilot opportunities; 'Floor to Future' reduced that time to days.
Shashvat Somany, Founder of SIG Tattva, said the goal is to democratise startup access to manufacturing facilities.
Sriharsha Bandaluppi, Head of SIG Tattva, said the programme shows corporate-startup collaboration can focus on real implementation and measurable outcomes.
Rajesh Khosla, CEO of AGI Greenpac, said operational excellence and innovation are central to strategy.

About the business

SIG Tattva is the corporate venture capital (CVC) arm of Somany Impresa Group.
It backs early-stage startups in deep-tech manufacturing, enterprise SaaS, clean technologies, next-gen e-commerce, and product innovation.
AGI Greenpac Limited is India's largest container glass manufacturer.
It also makes PET bottles and anti-counterfeiting security closures, runs 7 manufacturing plants across India, and serves 500+ institutional clients globally.
Pontaq Ventures is the first India-UK venture capital fund, founded in 2015.
It has completed over 190 investments across 23 Indian states and 2 UK regions, helped file nearly 100 patents, generated 3000+ jobs, and has about 30% women-led startups in its portfolio.

What happens next

AGI Greenpac and SIG Tattva intend to turn the programme into a permanent open innovation platform.
They will partner with more VC firms in later editions.

The deal

Type: pilot engagement

Founders

Shashvat Somany, Founder of SIG Tattva
Sriharsha Bandaluppi, Head of SIG Tattva
Rajesh Khosla, CEO of AGI Greenpac Limited
Prem Barthasarathy, Founder and Managing Partner of Pontaq VC

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