Vedanta Spark is an initiative for early-stage, growth-stage, and venture-state digital tech start-ups to build technological capabilities and demonstrate business impact with a view ‘to open up revenues to win commercial orders for a potential global roll-out’. The initiative, powered by the metals and mining juggernaut, Vedanta Ltd, attracted over 1350 registrations from across 19 countries.
The winning 23 start-ups having been selected after a highly rigorous process of evaluation involving business executives and industry experts and under strong competition hold the potential to deliver a business impact of around $45-50 million in this current financial year – Vedanta
The mutually beneficial corporate accelerator program will intersect Vedanta’s capabilities – reach, financial and commercial – with the innovation and ideas of the selected start-ups. Vedanta is primed to derive huge enterprise value from this program even as Maximl and the other 22 start-ups benefit from increased visibility and market penetration.
During the course of this program, Maximl will have a platform to partner with Vedanta group companies, collaborate with key executives and leverage the capabilities on offer to deploy our unique technological solutions.
Maximl’s Connected Worker Platform streamlines safety, quality, and maintenance workflows in factories. Our solutions drive last-mile digitalization to enhance productivity and efficiency across shop floors and allow factories to rapidly scale.