India Accelerator’s new vertical to focus on robotics, unmanned systems and space

To back the robotics and unmanned start-up ecosystem, India Accelerator has announced the launch of a new vertical – RUMS (Robotics, Unmanned & Space) – to spur innovation and drive growth for potential start-ups in the industry.

The company, which says it is India’s only dedicated accelerator vertical to propel the robotics and unmanned ecosystem growth, will focus on providing strategic support to Unmanned Aerial Systems (UAS), counterdrone systems, ground robots, and space start-ups. In the initial stage, the accelerator projects to inject $10-15 million capital in early-stage start-ups, exhibiting potential in this space, through its partner entity Finvolve.