Sanchiconnect signs an official MoU with SIIC- IIT Kanpur  

New Delhi, November 10, 2022: Sanchiconnect, a Deep Tech startup and investor community, has inked a Memorandum of Understanding (MoU) with SIIC IIT Kanpur. Sanchiconnect is increasingly becoming the first choice for premium deep-tech incubators in India, and this MoU is a stepping stone for Sanchiconnect, with another 8 in the works. Sanchiconnect will assist SIIC IIT Kanpur deep tech businesses in raising money, engaging with corporates, and employing tech talent as part of the MoU.
 
 
The memorandum forms a first-of-its-kind collaborative partnership between Sanchiconnect and SIIC IIT Kanpur. Sanchiconnect will serve as their go-to-market and investment partner for SIIC IIT Kanpur, assisting in the development of deep-tech innovative products. The MoU will also allow the two partners to decipher deep technologies such as artificial intelligence and the Internet of Things in order to expand SIIC IIT Kanpur's existing portfolio and aid startups in raising funds, engaging with corporates, and hiring the proper tech talent.
 
On the signing of the MoU, Dr. Nikhil Agarwal, CEO - SIIC, IIT Kanpur said "With Sanchiconnect, we wish to engage with investors, firms, and experts for our innovative startups. With this MoU, we are delighted to collaborate with Sanchi to support deep-tech startups. Currently, IIT Kanpur has a large no of startups focusing on deep tech. We have 30+ startups in cyber security and 25 startups in Artificial Intelligence. We are onboarding a second cohort of 25 new startups in AIIDE CoE." `
 
Commenting on the partnership, Sunil Shekhawat, CEO of Sanchiconnect said: “We are extremely delighted with the culmination of this MOU signing. The beauty of the Sanchiconnect partnership model is- it decongests the bandwidth of incubation teams by giving them an all-digital GTM and fundraising support to the incubates and allows incubators to focus on the mentorship piece which is their core forte”