About Us

  • About Us
  • Our Team
  • About Us

    Welcome to XLr8 Andhra Pradesh, a technology business accelerator powered by the Federation of Indian Chambers of Commerce and Industry (FICCI)

    In support of the initiative of The State of Andhra Pradesh to create a world-class technology innovation ecosystem, with the Federation of Indian Chambers of Commerce and Industry (FICCI), has established XLr8 Andhra Pradesh, a world-class global technology accelerator, located in the Visakhapatnam.

    The primary objective of the accelerator is to foster a culture of innovation in the Sunrise State of Andhra Pradesh. Our primary goal is to increase knowledge, wealth and employment, in the State and beyond.

    Our initiative is multi-faceted, and includes training, advanced capacity-building for innovators and entrepreneurs, incubation and acceleration of tech companies into the global marketplace, mobilization of venture capital and access to the extensive global commercial development networks of FICCI for select qualifying companies who are looking to take their technology to the global marketplace. Qualifying companies have the chance to rub shoulders with other seasoned entrepreneurs, including companies from outside India that will be using the accelerator as the springboard for launching their products and services into the Indian market.

    If you are interested in joining us, you can help us gauge your eligibility by answering these simple Yes/No questions. Demand for participation in this initiative has been high, and there are a limited number of slots available in each cohort, so please connect with us right away, and let's begin a dialogue to see if XLr8 Andhra Pradesh is a good fit for you and your company!

    The overarching goals of XLr8 Andhra Pradesh Technology Business Accelerator are multifaceted:

    Identify disruptive technologies in India that address unstructured societal challenges;

    Transfer our methodology, which has proven effective in generating jobs, wealth and impactful technology business ventures in 26 countries around the world to date, to entrepreneurs in India, with a view to shortening the runway to market entry and success;

    Educate university students regarding the finer points of innovation and entrepreneurship, and how to launch a successful technology business venture;

    Provide a world-class incubation model in the State of Andhra Pradesh. Each "cohort" runs for four months. During that time, we assess up to 100 companies, choose the most promising 33 companies for advanced commercialization training and assistance, select the top 8 companies for a presentation to a bi-national panel of senior executives and venture capitalists, and select four for intensive business development, working with our experts to pursue and execute business engagements with interested parties, to goal of which is to achieve measurable economic development.

    In parallel, university students and representative from select academic institutions will engage in workshops, bootcamps and other events designed to increase the consciousness level regarding entrepreneurship and innovation. This aspect of the program is tightly aligned with the stated objective of the Government of Andhra Pradesh to encourage "one entrepreneur per family" -- our program will help empower that process.

  • Our Team

    Chandana Nalubolu

    Program Specialist, XLr8 Andhra Pradesh Technology Business Accelerator
    Andhra Pradesh, India

    Chandana is a “Technopreneur”, Computer science graduate, and a recipient of a gold medal from the JNT University. She brings over 12 years of experience in the IT field to the XLr8AP team, having worked with international clients, such as FedEx USA, Verizon Telecommunications USA, and Mphasis, as well as with various startups. She started her own venture, in security systems, and contributed towards substantial growth. She played an influential role in mentoring one of the IT startups in her earlier assignment, which has been awarded as Best IT Company by ITsAP for that region. Chandana was also the recipient of the Best Performer (“ON THE SPOT AWARD”) consecutively for two years by a multinational company “Verizon USA” for her outstanding contribution to the project.

    Her technical expertise includes Incubation, project management, and Web and Internet Technologies. She specializes in translating business needs into technology requirements that support the company's business objectives and mentoring startups. She has efficiently led many mission-critical projects and successfully delivered them, as well as conducting various training programs on software tools for both executives and students.

    In her current role as Program Specialist at XLr8AP, she looks after the program recruitment and evaluation, as well as supporting selected startups in technology validation, mentoring and building impactful investor pitches. She is also in command of the marketing efforts of the accelerator, coordinating promotion through social and web media. She also contributes to building online tools to improve operational efficiency and reduce risk across the program. She has also completed Advanced Incubation Managers Training at IC2 Institute, University of Texas, Austin.

    Nikhil M

    Manager, Cohort Recruitment XLr8 Andhra Pradesh Technology Business Accelerator
    Andhra Pradesh, India

    Nikhil brings over 8 years of National (State Govt. & private sector) & International experience in diverse areas of incubation & innovation management, start-up management, entrepreneurship development and life sciences research. In his current position at XLr8 Andhra Pradesh as Cohort Recruitement Manager, Nikhil is involved in strategic, operational & project management roles to identify & recruit potential startups for the cohort, cohort formation, assistance in scaling-up, building strategic partnerships & enhancing visibility of XLr8 Andhra Pradesh & for the development of the startups.

    Prior to XLr8 Andhra Pradesh, Nikhil was engaged with swissnex India/Consulate General of Switzerland in Bangalore where he was assisting Swiss startups in market validation and entry through facilitation of meetings with KOL’s & thought leaders. He has also handled flagship programs like Academia Industry Training Program (with SINE, IIT Bombay, NSTEDB, DST, Govt. of India) by curating the program, selecting and training 30 applied Swiss and Indian researchers to bring their applied research out of the lab. Previously, he was engaged with KIIT Technology Business Incubator, Bhubaneswar, where he was leading bioentrepreneurship related activities including sensitization, startup/incubatee pipeline creation, portfolio management, partnership building, business development, grant management and general administration of the life-science incubator.

    Nikhil holds a Master’s Degree (Master of Research; MRes) in Bioinformatics from University of Newcastle Upon Tyne, UK and a Bachelor’s (Bachelor of Technology; B.Tech) Degree in Biotechnology from The ICFAI University, Dehradun.