Pinnacle will provide the initial funding and endeavor to develop sustainable partnerships with prospective investors and value network firms. The initial focus of Pinnacle Capsula.Studio Pune is Smart Mobility, with additional domains to be added in the future including agriculture and food, health and medicine, education and other sectors which can bring-in major economic and societal benefits to India and the world.
Ariel Sella, Managing Director of Capsula.Studio @TAU, remarked "Pervasive data, computing and communication allow innovative entrepreneurs worldwide to deliver immense economic and societal gains. We are so excited to commence our first global partnership with Mr. Sudhir Mehta to combine Israel's technology and startup strengths with the immense potential of Indian entrepreneurs in the Indian market and beyond."
Prof. Joseph Klafter, President of Tel Aviv University, welcomed this initiative as a "fitting way to commemorate 25 years of diplomatic ties and the decade anniversary of the acclaimed India-Israel Forum, TAU created with CII and Ananata Aspen. The focus of our bi-national Forum has been to move ties beyond defence and diamonds. Technology in general and mobility in particular seem very fitting. We thank Pinnacle for its endorsement of TAU and our capabilities. We look forward to a strong and successful partnership."
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