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Delhivery, AWS, and Nexus Ventures to launch startup accelerator program Velocity



GURUGRAM: Delhivery, on Tuesday, announced that it has joined hands with PE firm Nexus Ventures and Amazon Web Services(AWS), to launch Velocity– a six-week startup accelerator program. This program aims to nurture and empower the next generation of entrepreneurs and innovators in the logistics landscape.

The first edition of this accelerator program, which kicked off in August 2023, brought together leading financial and sectoral experts to provide incisive, industry-led mentorship to the selected startups. It included 15+ sessions covering a wide range of topics essential for startups, from mentors including Vibhor Jain, President – Network Governance & COO of ONDC; Rohit Kapoor, CEO of Food Marketplace at Swiggy; and Naman Jain, Founder of Falcon Autotech.

Vibhor Jain, President, Network Governance and COO of ONDC, said in a statement, “Open Networks like ONDC can address inefficiencies in the supply chains by enabling unlocks through an interoperable network of platforms/applications. It will be exciting to see some startups build their businesses around the ONDC Network in the logistics, supply chain, or mobility space as part of the AWS Velocity Accelerator Program.”

Kapil Bharati, Chief Technology Officer and Executive Director, Delhivery, said in a statement, “Given the size and growth trajectory of the Indian economy, the logistics industry will witness exponential growth in the foreseeable future. The program will help build a logistic ecosystem to enable new entrepreneurs to convert their ideas into viable, functional business solutions.”

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