Seeding, Accelerating & Scaling
Phygital Tech (HARDWARE-FIRST,
DIGITAL-PLUS)
Innovations And Ventures

A major push and massive progress is needed in the seeding, accelerating, and scaling of these Phygital startups, adding value and offering interventions at the right time as they traverse the lifecycle from innovation to production to industrialisation to commercialisation.

Forge.Fund program vertical fuels startup success by providing CRITICAL PROGRAMMATIC INTERVENTIONS ACROSS THE ENTIRE LIFECYCLE OF PHYGITAL (Hardware-First, Digital-Plus) TECH ventures, making startups win at every stage—from product acceleration & tech infrastructure to grants, seed investments, industrialisation, and market access.

Contact Us

Forge Hardware Startup Collective

Forge's Hardware Startup Collective is organized across 8 HARDWARE TECHNOLOGIES that form the spectrum of fundamental scientific discovery/inventions translated into potentially disruptive technologies for industrial-grade applications across multiple sectors/use-cases. The Collective includes Forge's PORTFOLIO STARTUPS (Incubated, Accelerated, and Funded/Invested), PROGRAM STARTUPS (Accelerated & Integrated in Corp/Govt Innovation & Ventures Programs), and PIPELINE STARTUPS (Discovered & Evaluated for Program & Portfolio Status).

INR 0 Cr

Grants

INR 0 Cr

Seed Investments

INR 0 Cr

Revenue

INR 0 Cr

Ext. Funding Raised

INR 0 Cr

Forge Startup Collective Valuation

0

Jobs Created

Despite hundreds of innovators coming up with innovative hardware solutions, these innovations often stall due to a valley of death between “Trial-ready prototypes” to “production-ready MVPs”. Forge helps hardware product innovators & startup founders navigate this major challenge by offering access to technology labs, technical expertise, financial support, etc., to fast-track the innovators’ progress through product design & development, testing, certification, compliance stages, and become ready for user trials and paid pilots.

Product Acceleration
[Infra & Resources]

PRODUCT INNOVATION, COMPLIANCE & CERTIFICATIONS LABS

supplemented by technical expertise across the 7 Industrial Innovation Centres operated by Forge across TN for Product Development, Prototyping, and Testing of hardware deep-tech innovations.

PILOT PRODUCTION FACTORY

Forge also offers Plug & Play Production facilities for Product Manufacturing to its portfolio startups to setup & operate pilot-grade Manufacturing, Assembly & testing facilities for startups to scale commercialisation.

Product Acceleration
[SERVICES]

STARTUP PRODUCT MANAGEMENT PRACTICES

Startup Product Management Practices to Accelerate Product Market Fit (PMF) - Helping startups Define the Right PRODUCT, Build the Right PRODUCT, and Build the Product RIGHT, thereby managing crucial outcomes, reducing risks, and accelerating product development.

INDUSTRIAL PILOT PROJECTS & PRODUCT DEMO LABS

Industrial Pilot Projects & Product Demo Labs to Managed Startup Engagements that showcase the startups’ transformative potential, allowing industry executives to identify ideal partners for long-term growth & transformation.

STARTUP ACCELERATION

STRATEGIC ADVISORY

Strategic Advisory offered to startups under three key outcome areas of tech/product acceleration for operational excellence, business acceleration through commercial partnerships, and strategic investments - spanning venture strategies, execution excellence through milestones & metrics, business & financial planning, and fund raising & investments advisory.

PROCESS-DRIVEN EXECUTION EXCELLENCE

Process-driven Execution Excellence via structured, high-touch Incubation-Acceleration engagements rooted in Innovation/ Product Management principles and tracked by milestones and metrics, ensuring execution excellence.

Phy’gital (Hardware-First & Digital-Plus) startups have a huge potential in effectively addressing the needs and challenges of the public sectors, industrial companies, and MSMEs through innovative and technological products, but traditional procurement processes make it challenging and financially unviable. Market Access Pathways are critical interventions that leverage open innovation & revamp procurement policies to bridge gaps between startups and public sector and Industrial companies - opening accelerated procurement pathways and enabling strategic partnerships.

Startup Engagement Programs

Startup Engagement Programs that drive collaborative seeding & acceleration of innovative technologies & ventures by industrial majors via joint IP-generation/product delivery programs that enable startups and industrial companies alike to build enduring & sustainable competitive advantages in emerging technology domains - leveraging the other’s strengths to explore and capitalise on new market opportunities.

Startup Partnership Models

Startup Partnership Models that enable industrial majors to partner with and invest in creating high-growth tech startups and harvest from these assets through gains in profit (from operational excellence through tech sourced from startups) in revenue (generated from commercialising startup innovations) & in enterprise-value or market-capitalisation (from growth in equity valuation of startups invested in or acquired).

Keeping in mind the pivotal role of capital in accelerating a startup’s growth, Forge.Fund provides catalytic capital via innovation grants and seed investments for PHY’GITAL tech (Hardware-First, Digital-Plus) startups - funding product development, product upgrades, product validation & certification, commercialisation & growth, to achieve critical milestones across Product-Factory Fit, Product-Market Fit and Product-Led Growth.

Industrial Sponsors

Industrial sponsors for Academic Research Projects [ARPs] to fund hardware product development via innovation & pilot grants for academic research projects with the potential to transform into hardware tech startups and Accelerated alignment with business value & industry use-cases.

Innovation Grants

Innovation Grants for product development, enabling promising prototypes to mature into market-ready solutions.

Pilot Grants

Pilot Grants to subsidise pilot deployments for the buyers/beneficiaries/users of startups’ tech reducing adoption risks while stimulating traction for industrial and impact innovations

GROWTH GRANTS & SEED INVESTMENTS

Growth Grants & Seed Investments to fuel product commercialisation, to scale GTM and vertically integrated operations.

INVESTMENT PATHWAYS & ADVISORY

Investment Pathways & Advisory to facilitate connections with Angel/VC investors with investment advisory across all aspects, from funding required to dilution in equity, financial planning, etc.

FOR INVESTORS

Forge invites investors to partner with its ecosystem, providing exclusive access to Phy'gital tech startup deal flows and co-investment opportunities from Forge's Hardware Startup Collective. By leveraging structured programmatic interventions across technology, product, and venture development, Forge ensures that these startups succeed at every stage of their lifecycle. This strategic support maximizes the potential for high-impact outcomes, making investments in these startups a winning proposition for investors seeking scalable and innovative opportunities.