Transition VC, a venture capital firm focused on energy transition, has launched India's first startup accelerator dedicated to promoting innovation in the energy transition space. This initiative comes as NITI Aayog prepares to introduce a national policy framework aimed at achieving the country’s Net Zero goals.

The accelerator will support startups involved in decarbonization, electrification of transport, long-duration energy storage, power electronics, and other clean energy solutions. Transition VC has partnered with T-Hub, a prominent startup ecosystem enabler, and IEEE (Institute of Electrical and Electronics Engineers) to establish this platform. The first cohort will focus on incubating 7-8 startups, providing them with funding from a ₹400-crore fund, as well as mentorship, research and development (R&D) resources, and prototyping assistance.

Mohammed Shoeb Ali, Co-founder & Managing Partner of Transition VC, emphasized the importance of this initiative in addressing India’s energy transition needs. “Startups in this sector can help reduce reliance on fossil fuels and enhance energy security, aligning with India's development agenda and carbon reduction commitments,” he said.

T-Hub will serve as the Innovation Execution Partner, offering R&D and prototyping support, while IEEE will provide academic resources and skill training through its extensive university network. Two Centres of Excellence, including one at T-Hub, will also be established to foster collaboration between startups, entrepreneurs, and students, driving advancements in energy transition technologies.

This accelerator marks a significant step in India's efforts to support clean energy innovations, as the nation strives to balance its developmental goals with its climate responsibilities.