Capital-A and SanchiConnect Invest INR 27 Cr in 3 Manufacturing Startups The three startups selected for the MaXcel cohort are Enerzi, Misochain and Quintrans.
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Capital-A and SanchiConnect have announced an investment of INR 27 crore in three early-stage manufacturing startups under their accelerator programme, MaXcel.
The investment follows a nationwide evaluation process that reviewed more than 2,000 startups working across deep technology and industrial sectors.
The three startups selected for the MaXcel cohort are Enerzi, Misochain and Quintrans. They were formally inducted at the Maxcel Liftoff event in Bengaluru, an invite-only gathering that brought together founders, investors and industry stakeholders.
Enerzi is developing microwave plasma-based systems to convert methane into lower-emission hydrogen while producing engineered carbon by-products for industrial use.
Misochain is building indigenous flight-critical aerospace components along with in-house testing and certification capabilities aimed at strengthening domestic aerospace supply chains.
Quintrans is focused on direct-drive electromagnetic linear motion systems designed to improve performance, precision and reliability in industrial automation and robotics.
MaXcel was created to address the structural funding gap in early-stage manufacturing sectors such as energy transition, aerospace, semiconductors and advanced industrial hardware. These sectors typically require longer development cycles, capital-intensive pilots and extensive real-world validation before achieving commercial scale.
To identify startups beyond traditional pitch-led assessments, the organisers conducted on-ground roadshows across Bengaluru, Pune, Ahmedabad, Kochi and Coimbatore. Founding teams were evaluated on engineering depth, scalability and deployment readiness within operational manufacturing environments.
Ankit Kedia, Founder and Lead Investor at Capital-A, said, "MaXcel was built on the conviction that early-stage industrial innovation deserves patient capital paired with hands-on technical evaluation. Our focus has been to identify teams capable of translating deep research into deployable systems and support them as they move toward repeatable industrial adoption."
Sunil K Shekhawat, Founder and CEO of SanchiConnect, added, "India's DeepTech ecosystem requires stronger collaboration between researchers, founders, investors and industry stakeholders. MaXcel intends to transform bold manufacturing innovations by cohort startups into scalable realities."
The initiative aligns with Capital-A's ongoing deployment of its INR 400 crore Fund II focused on manufacturing, climate and industrial technology.
