Capital-A, SanchiConnect launch MaXcel accelerator for startups

Capital-A has partnered with SanchiConnect to launch MaXcel, an accelerator for early-stage manufacturing startups. The program will provide ₹18–20 crore in funding, go-to-market support, and mentorship to 5–6 ventures in precision manufacturing, IoT, and robotics. Shortlisted startups will receive ₹3–4 crore in fast-track funding, with term sheets issued in 30 days.