The Renault Nissan Technology and Business Centre India (RNTBCI) in partnership with T-Hub has launched an Open Innovation Challenge for startups in the automotive space.
“We are glad to announce the maiden Renault Nissan Open Innovation Challenge in India in association with T-Hub. I see a great potential to create out-of-the-box and business viable solutions through this challenge,” RNTBCI managing director Debashis Neogi said.
Startups can participate under four themes — First and Last Mile Connectivity, Digitisation, Mobility as a Service with social impact (MaaS) and Circular economy, T-Hub said in a release on Tuesday. Six to eight startups will be shortlisted for each theme and in all, four startups will win ₹10 lakh grant each and receive co-working opportunities with RNTBCI, it said. They will also receive an opportunity to co-create a paid PoC (proof of concept) and find a new use case for their existing solutions.
Growth stage startups across the country having minimum viable product ready in the areas of electric vehicle, automated vehicle and assistive technology as well as bio-based materials can apply. The programme will focus on automotive space, including AI, IoT, Blockchain, Robotic Process Automation, electrification, Big Data, AR/VR, application development, cloud-based, materials and alternative fuel.
