AIC-Pinnacle Building Pune’s Start-up Ecosystem

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Pune, 13th December 2021: AIC Pinnacle, India’s leading and Maharashtra’s first & largest industry backed start-up incubator participated at the recently concluded start-up conclave hosted by Science and Technology Park at Savitribai Phule Pune University (SPPU) on Sunday. The conclave was attended by Union Minister of Commerce and Industry, Piyush Goyal , along with Pune’s 25 leading start-ups incubated at Venture Centre, Science & Technology Park, Auto-Cluster and AIC-Pinnacle.

Union Minister lauded the leading start-up ecosystem in Pune and rapid emergence of unicorns from the city, that now competes head-on with Mumbai in terms of start-ups creation. He also met and interacted with Pune’s emerging 25 start-ups from leading incubators, 3 of which were from AIC Pinnacle. Supported by Atal Innovation Mission, NITI Aayog, DCMSME, Ministry of MSME & Ministry of Electronics and IT (MEITY), Government of India, AIC Pinnacle aims to support the creation of a vibrant and high impact entrepreneurial ecosystem focused on innovation in key sectors which lead to inclusive and sustainable techno-socio-economic development of India.

Speaking about the experience, Mr. Avinash Thakur, CEO, AIC Pinnacle, highlighted, “We are extremely grateful with the appreciation & acknowledgment we received from the Hon’ble Minister and would like to thank  Science and Technology Park at Savitribai Phule Pune University (SPPU) for giving us the opportunity to be a part of this conclave. Such events, platform and accolades reflect our commitment to create a vibrant and high impact entrepreneurial ecosystem focused on Innovation, Incubation & Investment in key sectors. We are hopeful that such events and interactions will enable our startups to get the right exposure and platform to showcase their potential, making them future-ready.”

The 3 startups that participated in the conclave from AIC Pinnacle were:

-Rut3 Engineering Private Limited, a B2B company providing suspension wheels to Wheelchair and Bicycle companies. Rut3 has raised funds from ATAL Innovation by NITI Aayog GOI (Top 26 in India), and Bajaj Group

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-3DGuru Innovations Pvt Ltd, a 3D Printing and Product Design Consultant organization providing one stop solution for clients from concept to mass production.

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-EnergyBae (formerly known as Develop Train Maintain), a startup working on Decentralised Renewable Energy that empowers people to power themselves using renewables. They have designed a Hybrid Rooftop Turbine called WAYUMITRA.

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Established as a Not-for-profit Section 8 Social Enterprise, AIC Pinnacle is an entrepreneurship platform to innovate, incubate, accelerate, and fund micro enterprises, startups, and SME’s. With more than 100+ startups from across the country, AIC Pinnacle’s focus areas are Technological research, innovations, start-up in the complex, product-oriented domains including, Automobile/EV, Agri-Tech, Electronics and IT (AI, IOT, ICT), Healthcare, Social Innovation and other emerging sector.

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