Supply Chain Labs is an Acceleration Programme by Lumis Partners with MIT as the academic partner, Yes Bank as the corporate innovation partner and AWS as the technology partner for Early-Stage Supply Chain Startups with High Growth Potential.
India’s first-ever Acceleration Programme aimed at revolutionising the supply chain space in India, Supply Chain Labs by Lumis Partners, is all set to kick-off on September 1, 2019. Supply Chain Labs is a first-of-its-kind acceleration programme in India that aims to bring next-gen business models and cutting-edge supply chain solutions to truly transform the efficiency, productivity and profitability for all stakeholders and to bridge the wide gaps that exist in investments in grassroots solutions that solve complex, global SC challenges.
Right from the announcement of the initiative, Supply Chain Labs has received a remarkable response from the SC startups from across the country with over 600 of them applying to be part of the programme. The programme has also received massive support from big corporations, industry leaders and seasoned investors from across the globe.
After a rigorous process of scrutiny and thorough analysis of the applications and ideas spread across 4 stages, 15 startups were shortlisted for the Grand Jury Session on August 13, 2019. The Top 15 startups belong to a wide range of different sub-segments of the supply chain industry and not just traditionally over-invested sub-segments of the industry.
At the Grand Jury Session, each of the Top 15 startups did a 6-minute pitch to the jury followed by a 3-minute Q&A round. The final cohort of startups was decided based on the complexity of the problem that the startups are solving, their uniqueness, commercial traction, how they will benefit from the acceleration programme, their vision and growth potential.
The distinguished jury consisted of members of the investor community, industry leaders, domain experts, corporates, seasoned entrepreneurs and the core committee members of Lumis Partners. The jury has years of experience in the SC space and knows the supply chain industry inside out. This was visible in the Q&A session as they asked super domain-specific questions to each of the startups to get deeper insights into their solutions and analyse the possible growth outcomes.
The Distinguished Jury included:
Saurabh Bakliwal, BCG Consulting
R Narayan, Power2SME Private Limited
Arvind Vasu, ABB India
Pankaj Mitra, Cisco India
Suman Bose, Siemens India
Digbijoy Shukla, AWS India
Prateek Kathpal, Yes Bank
Rohit Bhayana, Lumis Partners
Neeraj Bansal, DHL India
Victor Martinez Angles, Lumis Partners
Ashutosh Mayank, Lumis Partners
Girish Shivani, Your Nest
Overall, the Grand Jury Session was a huge success and a momentous occasion for the supply chain industry in India. The seasoned jury finalized the fantastic final cohort of 9 high-potential, early-stage supply chain startups for the Supply Chain Labs Programme that is all set to kick off on September 1, 2019.
The final cohort of 9 startups selected for the SCL Programme are:
Supply Chain Labs congratulates the top 9 startups and welcomes them onboard for a long-term collaboration.
For further information on the Supply Chain Labs Programme, visit https://supplychainlabs.in/.
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