Change Engine to invest $5 million in early-stage Indian AI startups over next five years

Change Engine aims to support AI startups in India that are developing machine learning technologies and business applications for the global market, according to a company statement.

Agencies
Startup accelerator Change Engine on Tuesday announced plans to invest over $5 million (about Rs 43 crore) over the next five years in early-stage AI startups from India. It aims to foster AI startups developing Machine Learning stack technologies and business applications from India for the global market, a company statement said.

"Each year, we will seed 6 startups with $50,000 each, followed by up to $1,50,000 through syndication, paving the way for over $5 million in total investment over the next three years," said Varun Aggarwal, Founder of Change Engine.

The company's 6-month accelerator programme, which begins June 2025, will feature a sandbox for building AI products, a customer advisory board in Silicon Valley, and a mentor network of successful entrepreneurs.


The customer advisory board will include industry leaders from Amazon, Google, McKinsey, and Adobe, among others.
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