Tuesday, October 15, 2024

JSW MG Motor India accelerates 7 startups focused on AI in Electric Mobility under MG Developer Program and Grant Season 5.0

JSW MG Motor India accelerates 7 startups focused on AI in Electric Mobility under MG Developer Program and Grant Season 5.0

Receives more than 100 applications from Indian startup ecosystem 

The startups will be leveraged to develop projects for practical applications integrating AI with electric mobility


Chennai, October 10, 2024: JSW MG Motor India today announced the acceleration of seven startups focused on AI in Electric Mobility, as part of the MG Developer Program (MGDP) Season 5.0. The MGDP initiative, supported by ecosystem partners, promotes innovation in the evolving AI space within electric mobility. The selected seven startups are- Anuvega Powertronics, Aselector Technologies, Emerging Technologies, Gudlyf Mobility, Power Jet (EV Urjaa), Ravity, Vocbot AI.

The theme for MGDP Season 5.0, AI in Electric Mobility, encourages tech startups to explore the transformative potential of AI in reshaping both business operations and everyday life. The seven startups will be involved in developing pilot programs and ongoing projects in the coming months, paving the way for practical applications and innovations that integrate AI with electric mobility. 

For this season, which began in early 2024, JSW MG Motor India partnered with Startup India and Manthan (Office of the Principal Scientific Adviser to the Government of India), significantly enhancing the program's impact. A consortium, comprising AWS, Exicom, Lohum, and DRIIV (Delhi Research Implementation and Innovation), provided crucial support, fostering collaboration and innovation within the startup fraternity.

Gaurav Gupta, Chief Growth Officer, JSW MG Motor India, said, “Our commitment to innovation and collaboration in electric mobility sector is steadfast. The MG Developer Program and Grant serve as a catalyst, empowering startups to develop AI solutions that address the challenges and opportunities presented by this rapidly evolving mobility landscape. By providing a supportive environment, mentorship, and access to resources, we're nurturing a new generation of innovators who are poised to shape India's electric mobility future by leveraging AI. As JSW MG Motor India continues to invest in technological advancement and creating opportunities in AI space, we look forward to witness growth of these startups and their positive impact on the Indian automotive landscape."

The MGDP received over 100 applications from 52 cities across India, with 7 emerging as winners, highlighting an unprecedented nationwide impact.

Anuvega Powertronics- Cutting-edge power electronics and drivetrain solutions provider

Aselector Technologies- AI based platform provider for customer experience and process optimization

Emerging Technologies- Dedicated to advancing safety and efficiency in the auto industry

Gudlyf Mobility- A deep tech startup working in the energy storage solutions

Power Jet (EV Urjaa)- An EV charging infrastructure provider

Ravity- AI connected mobility management platform

Vocbot AI- Multi-lingual SaaS based, AI driven contact center

Since its inception in 2019, the MG Developer Program, in partnership with innovation partners such as Jio, SAP, Exicom, etc., has created a strong channel for startups, developers, and innovators in India, securing over 1,550 entries till date. Diverse fields ranging from Connected Car technology to electric mobility have been covered, alongside 280 teams progressing to the initial rounds across seasons 1-4. JSW MG Motor India has additionally facilitated mentorship from over 100 experts, including the leadership of MG India and partners within the technology ecosystem. The company has already associated with 34 promising start-ups so far through the MG Developer Program (MGDP) and Grant, and these are actively engaged in multiple projects with the company. 

About JSW MG Motor India 

SAIC Motor, a global Fortune 500 company with a presence in over 100 countries and JSW Group (India's leading conglomerate with interests across B2B and B2C sectors) formed a joint venture - JSW MG Motor India Pvt. Ltd. in 2023. The joint venture aims to build a smart and sustainable automotive ecosystem while continuing to stay focused on developing a diverse portfolio of vehicles to give car buyers better access to advanced technologies and futuristic products with attractive value propositions. JSW MG Motor India Pvt. Ltd. is committed to introducing world-class technology, strengthening the manufacturing landscape, best of innovation across its business operations, and generating significant employment opportunities through extensive localisation. 

 

About Morris Garages

Founded in the UK in 1924, Morris Garages vehicles were world-famous for their sports cars, roadsters, and cabriolet series. MG vehicles were much sought after by celebrities, including British Prime Ministers and even the British Royal Family, for their styling, elegance, and spirited performance. The MG Car Club, set up in 1930 at Abingdon in the UK, has thousands of loyal fans, making it one of the world’s largest clubs for a car brand. MG has evolved into a modern, futuristic, and innovative brand over the last 100 years. Its state-of-the-art manufacturing facility in Halol, Gujarat, has an annual production capacity of 1,00,000 plus vehicles and 6,000 direct and indirect employees. Driven by its vision of CASE (Connected, Autonomous, Shared, and Electric) mobility, the innovative automaker has augmented across-the-board ‘experiences’ within the automobile segment today. It has introduced several ‘firsts’ in India, including India’s first Internet SUV – MG Hector, India’s first Pure Electric Internet SUV – MG ZS EV, India’s first Autonomous (Level 1) Premium SUV – MG Gloster, the Astor- India’s first SUV with personal AI assistant and Autonomous (Level 2) technology, and MG Comet – The Street-Smart Car. 

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