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Unlock Global Innovation
Venture Access Labs (VAL) emerged from the strategic partnership between ICEA and Caret Capital to bring global new-age technologies and startups to the doorstep of the Indian industry.
WE HELP INDIAN MANUFACTURERS ACCESS GLOBAL INNOVATION
In today's rapidly evolving electronics landscape, innovation isn't optional - it's survival. Tech-first disruptors are reshaping entire industries overnight, and traditional incremental improvements no longer suffice to compete globally.
Our Vision: Ignite technological excellence within India’s electronics sector by fostering a culture of innovation to create world-class products for global markets.
VAL offers a practical approach to how Indian companies discover, access, and adopt path-breaking technologies.
Through key initiatives like the Innovation Radar, Solutions Accelerator and Strategic Investment Platform, VAL serves as a bridge between global innovation and on-the-ground application in India.
Our program(s) will also identify, shortlist, and curate startups from India and abroad, facilitating their growth through online and offline engagement sessions.
OUR STORY
The consumer electronics, medical electronics, and home appliances industry is at a critical juncture. Geopolitical shifts have opened unprecedented opportunities for India to become a global supply chain hub. The time to innovate is now or never, as this narrow window demands urgent action to lead with innovation!
ICEA - The Industry Backbone
The Indian Cellular and Electronics Association (ICEA) is India’s premier industry body with members from the electronics ecosystem ranging from manufacturers, brand owners, suppliers, policy makers etc. ICEA has recognized a critical need for a mindset shift: moving beyond traditional approaches to empower Indian companies to pioneer global innovation through bold adoption of cutting-edge technologies.
Caret Capital - The Innovation Partner
Caret Capital is an early-stage venture capital fund investing in category-building startups powering India’s growth story.  With access to 3,000+ startups across key markets like India, the US, Israel, Germany, and Singapore, Caret Capital brings proven methods to align emerging technologies with industry needs.
This collaboration combines ICEA’s industry presence with Caret Capital's innovation network to deliver practical, forward-looking solutions.
SECTORS VAL INNOVATES FOR
Consumer Electronics
Supporting innovations in wearables, smart devices, and portable technology.
We help bring next-generation consumer products to market faster.
Home Appliances
Advancing smart home solutions and energy-efficient household technologies.
Our expertise accelerates development of connected living products.
Medical Electronics
Facilitating breakthroughs in healthcare monitoring, diagnostics, and treatment devices.
We navigate complex regulatory environments for medical innovations.
VAL Gives You Exclusive Innovation Access
3,000+ validated startups and 20+ top incubators
Innovation solutions across product development lifecycle and operations value chain
Industry veterans curating solutions for manufacturing
Quarterly startup introductions and early access to solutions
16+ insightful sessions & events year-round
End-to-end support from discovery to implementation
Investment access with 3x ROI average and analyst support
OUR APPROACH
Scan, Distill, Curate
Discover, curate and deliver cutting-edge global electronics technologies to your leadership.
Build Engagement
Connect with tech companies via customized sessions and implement use cases.
Innovation Connect
Engage innovators and co-create solutions across design, manufacturing, and supply chain optimization.
Investment Pathways
Access opportunities to invest in or collaborate with strategic technology innovators.
THE 6-PILLARS OF OUR INNOVATION TOOLKIT
Our program offers six integrated components in one transformative platform to cater needs across all levels of your organization.
Sourcing and Curation
AI-driven scouting of 50+ startups monthly, validated by industry veterans
Innovation Directory
Online platform with 200+ solutions for direct innovator connections
Solutions Accelerator
100-day program preparing startups, with 75% securing industry pilots
Innovation Radar
Quarterly webinars on trends like generative AI, attracting 300+ attendees
Innovation Connect
Personalized sessions delivering better efficiency, deeper engagements to co-create solutions
Strategic Investment Platform
Connecting industry with relevant strategic investment opportunities in high-potential startups
Each component is designed to accelerate your innovation success.
YOUR INNOVATION JOURNEY STARTS HERE
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