Thu. Mar 28th, 2024

Tel Aviv University’s Capsula.Studio has agreed to partner with Pinnacle Industries, a well-known commercial vehicles seating and Interiors Company, to form a startup accelerator to promote the new startups with innovative ideas at Pinnacle Capsula.Studio in Pune. The reason behind this partnership is to accelerate innovative entrepreneurs to market by providing them Capsula’s proven ‘Mentored Customer Validation’ program and knowledge center which connect entrepreneurs with globally and the research community.

Sudhir Mehta, CMD of Pinnacle Industries commented that “Incubators and accelerators continue to play an important role in the growth of the Indian start-up ecosystem. Pinnacle Capsula will mentor and foster such talent and ideas focused on IP creation and provide them with the right guidance, opportunities and approach.”

Ariel Sella, Managing Director of Capsula.Studio stated that “Pervasive data, computing and communication allow innovative entrepreneurs worldwide to deliver immense economic and societal gains. We are so excited to commence our first global partnership with Mr. Sudhir Mehta to combine Israel’s technology and startup strengths with the immense potential of Indian entrepreneurs in the Indian market and beyond.”

Moreover, Pinnacle Capsula.Studio Pune will start its first term in 2018 by offering residency to select Smart Mobility startups with technology.