Change Engine founded by Varun Aggarwal, a startup accelerator, has announced plans to invest over $5 million in early-stage AI startups in India over the next five years. The initiative will support six promising AI startups each year, focusing on machine learning and AI-based business applications for global markets. Building India’s Next-Gen AI Products. Change Engine aims to go beyond basic AI by encouraging deep-tech innovations that are strong, scalable, and competitive globally. Their 6-month accelerator program offers startups: ✅ A safe space to test AI ideas ✅ Support in product development ✅ Access to a global network of mentors Each year, the program will fund six startups with $50K each, and an additional $150K can be raised through partnerships, totaling over $5M in investment over the next three years. AI Ecosystem & Success Stories Change Engine has played an important role in building India’s AI ecosystem, especially in Delhi NCR, where it has hosted events like the AI Product Bootcamp at IIT Delhi, helping train AI enthusiasts with experts from Google, Meta, and Amazon. Some success stories from previous cohorts include: 🚀 Rapture Innovation Labs (Sonic Lamb) – Featured on Shark Tank Season 4, securing ₹50L in funding. 🚀 CallPrep (callprep.io) – Chosen for Nikhil Kamath’s WTFund list. Industry-Backed Customer Advisory Board. A unique feature of the accelerator is its Customer Advisory Board, which includes leaders from Amazon, Google, McKinsey, and Adobe. This panel helps startups by: 🔹 Getting real-world feedback on their ideas 🔹 Refining marketing strategies 🔹 Ensuring their products are ready for global markets Driving India’s AI Leadership Based in Gurugram, Change Engine is focused on strengthening India’s position as a global AI hub by offering startups capital, mentorship, and industry connections. #AI #Startups #IndiaAI #MachineLearning #Innovation #GlobalExpansion #TechAccelerator #StartupSupport #ChangeEngine
