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Connected Transport

Wednesday, January 10, 2018

Sanjay Puri, CEO & Founder Auto Nebula

Sanjay Puri is an active entrepreneur, a thought leader on U.S India relations and a mentor. Puri was the ex-Chairman and Founder of leading Federal Contracting Company Optimos till 2014, and has been involved in entrepreneurial ventures across multiple business sectors. Over the last three years, Puri has turned his focus to a new technology-driven sector known as ‘connected transport’, a critical component of ‘Smart City’ technology initiatives taking shape around the globe and he has worked towards funding and mentoring start-ups in this space.

He founded AUTONEBULA as an accelerator for start-up entrepreneurs who develop technologies for Connected Transport in the U.S and India. Puri serves as the Chairman of the high-profile US-India Political Action Committee (USINPAC), a national, bipartisan political action committee representing over 3.2 million Indian- Americans. He is also the Chairman of Kaloupi and Wellisen Nutraceuticals.

In conversation with Dominic Rebello, Sanjay says, “We believe in encouraging new founders, startups as well as established companies involved in creating innovating solutions to problems in the “Connected Transport” domain.”

What is the idea behind Auto Nebula?
Auto Nebula is an incubation and accelerator focused on the mobility/transportation sector. This is a sector that has seen over 100,000 deaths each year, massive losses in productivity due to traffic jams, environmental hazards due to fossil fuel based vehicles. This is a critical effort to provide safety, productive and environmental solutions by building an ecosystem of startups, investors, OEMs (Car manufacturers and their Tier I and II suppliers) and have a strong value proposition for fund investors.

How are you different from others?
We are a sector focused incubator/accelerator where all our startups, mentors, investors, partners are from this sector. We have incubated over 20 startups in the connected transport space.

How do you plan to scale up?
We have a SEBI approved fund-of-fund in which we are seeking high profile investors / finance institutes to invest around US$10M and in turn we will invest in various automotive focused startups.

Who would primarily be your consumer audience?
The clients of our startups i.e. ones who are using their products and services are the consumer audience for us.

Where do you see yourself five years down the road?
Having made a difference by reducing road accidents, environmental hazards and improved productivity of an average Indian and along the way made our startups very successful and produced great financial returns for our investors.

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