Published
October 23, 2024
The Indian STEPs and Business Incubators Association has announced a strategic technology partnership with deep tech enablement network SanchiConnect to launch a collaborative platform and advanced digital tools at the 16th edition of ISBACON 2024.
“This collaboration aligns with our mission to empower incubators nationwide, equipping them with vital digital resources,” said ISBA president K Suresh Kumar about the partnership in a press release. “We expect a rise in the number of members and engagement within the association, and having intelligent systems in place will help us create enhanced value for our members and partners.”
ISBACON 2024 describes itself as India’s premier conference for startup incubators and welcomed 300 participants from incubators across India, government bodies, and international associations such as the Asian Association of Business Incubators. The event ran from October 17 to 19 and has taken place in cities across India since 2007, according to its website.
“We’re excited to partner with India’s largest and most trusted association of startup incubators and accelerators, driving growth, collaboration, and ecosystem development for their members,” said SanchiConnect’s CTO and co-founder Baltej Singh. “With recent capital from prominent venture capitalists, private equity, and angel investors, we’re poised to go full throttle on our tech initiatives, enhancing innovation and impact across the startup landscape.”
The partnership between ISBA and SanchiConnect will help over 170 incubator members to scale their operations. The initiative is also designed to enable digital adoption at incubation centres.
“SINE has been leveraging the tools and plug-ins for its internal management, and it has tremendously added value to our team’s efficiency,” said SINE-IIT Bombay’s vice president Prasad Shetty. “ISBA stands for bringing best practices in incubation and sustainability to its members, and this partnership with SanchiConnect will immensely contribute to our mission.”
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